
Homes for Rent in Memphis, TN Under $2,000 (1,187 Rentals)


1205 Forest Ave

5013 Scheibler Rd

1986 Eastend Dr

828 Baltimore St

3810 Kenwood Ave

417 Hodges St

431 N Holmes St

476 Griffon Dr

1364 Harbor Park Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

9054 Gracie Ln

4967 Kimball Ave

1118 S Perkins Rd

6771 Bainbridge Dr

5667 Crievewood Dr

626 Shotwell St

7645 Newfound Gap Rd

8725 Macon Rd

4214 Riche Rd

7751 Freehold Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

5618 Heather View Dr

9238 Fletcher Wood Dr

8682 Valmont Cir

1459 Haverwood Ave

5852 Foxdale Rd

2239 Easton Dr

7077 Millers Glen Way

8563 Shady Elm Dr

532 Bedlington Dr

655 Riverside Dr
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

7371 Bayou Bend Cove

7120 Wetherburn Cove

2634 Bending Elm Cove

1283 Harbert Ave

3785 Ladue St

5340 Stephen Forest Cove

6256 Solway Dr

7330 Eggleston Rd

1562 Sea Isle Rd

246 N Watkins St
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

107 S Front St

7575 Glen Creek Ln

7897 Bentwood Cir

9986 Cameron Ridge TR

2234 Webbing Dr

10037 Notting Hill Rd

2763 Box Turtle Cove

7851 Fallstone Rd

1781 Dorrie Ln

2236 Oak Hollow Ln
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.
Memphis, TN Local Guide

How much does it cost to rent a home in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis 2 Bedroom Homes for Rent | $1,248 | $575 | $3,840 |
| Memphis 3 Bedroom Homes for Rent | $1,633 | $725 | $3,000 |
| Memphis 4 Bedroom Homes for Rent | $2,074 | $895 | $4,500 |
| Memphis 5 Bedroom Homes for Rent | $2,890 | $1,095 | $6,200 |
| Memphis 6 Bedroom Homes for Rent | $3,188 | $2,000 | $4,495 |
Browse Top Homes for Rent in Memphis
Explore Memphis
Memphis, TN Local Guide
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College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, TN Rentals by Map
See the most popular apartments and homes in Memphis, TN
Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 1889 Apartments for Rent in Memphis, TN with pricing that ranges from $450 to $7,985. There are also 1859 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $575 to $6,200.
What is the current price range for Rental Homes in Memphis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Memphis ranges from $575 to $6,200 with an average monthly rent of $2,063.
How much are larger Three and Four Bedroom Rentals in Memphis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Memphis range from $550 to $4,110, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $3,000. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $599.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.