Homes for Rent in Memphis, TN Under $2,500 (1,573 Rentals)

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property at 2046 Courtland Pl

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

4 Bedroom, 2 Bath Home for Rent

Available Now

2046 Courtland Pl

MemphisTN38104
property at 772 Breeze Way

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

3 Bedroom, 3 Bath Home for Rent

Available Now

772 Breeze Way

MemphisTN38018

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 7555 Windsong Dr

$2,465

Total Monthly Price

Total Monthly Price

Base Rent
$2,465

Total Monthly Price
$2,465

5 Bedroom, 2.5 Bath Rentals

Available Now

7555 Windsong Dr

MemphisTN38125
property at 8554 Mill Farm Cove

$2,455

Total Monthly Price

Total Monthly Price

Base Rent
$2,444
Required Monthly Fees
$11

Total Monthly Price
$2,455

4 Bedroom, 2.5 Bath Rentals

Available May 15

8554 Mill Farm Cove

MemphisTN38016
property at 4466 Dawn Oaks Cove

$2,450

Total Monthly Price

Total Monthly Price

Base Rent
$2,420
Required Monthly Fees
$30

Total Monthly Price
$2,450

4 Bedroom, 2.5 Bath Rentals

Available May 5

4466 Dawn Oaks Cove

MemphisTN38125
property at 7299 Pinnacle Oaks Dr

$2,445

Total Monthly Price

Total Monthly Price

Base Rent
$2,445

Total Monthly Price
$2,445

5 Bedroom, 3 Bath Rentals

Available Apr 18

7299 Pinnacle Oaks Dr

MemphisTN38125
property at 5181 Marlboro Ct

$2,430

Total Monthly Price

Total Monthly Price

Base Rent
$2,430

Total Monthly Price
$2,430

4 Bedroom, 3 Bath Rentals

Available Now

5181 Marlboro Ct

MemphisTN38125
property at 7595 Lark Creek Cove

$2,415

Total Monthly Price

Total Monthly Price

Base Rent
$2,385
Required Monthly Fees
$30

Total Monthly Price
$2,415

4 Bedroom, 2.5 Bath Rentals

Available Apr 20

7595 Lark Creek Cove

MemphisTN38125

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 2224 Webbing Dr

$2,415

Total Monthly Price

Total Monthly Price

Base Rent
$2,385
Required Monthly Fees
$30

Total Monthly Price
$2,415

4 Bedroom, 3 Bath Rentals

Available Jun 1

2224 Webbing Dr

MemphisTN38016
property at 2056 Milbrey St

$2,410

Total Monthly Price

Total Monthly Price

Base Rent
$2,410

Total Monthly Price
$2,410

4 Bedroom, 2.5 Bath Rentals

Available Now

2056 Milbrey St

MemphisTN38016
property at 3634 Cowden Ave

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 2 Bath Home for Rent

Available Now

3634 Cowden Ave

MemphisTN38111
property at 7801 Autumn Creek Dr

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 3 Bath Home for Rent

Available Now

7801 Autumn Creek Dr

MemphisTN38018
property at 9084 Hearth Stone Cove

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,370
Required Monthly Fees
$30

Total Monthly Price
$2,400

4 Bedroom, 3 Bath Rentals

Available May 7

property at 2080 Beckenham Cove

$2,390

Total Monthly Price

Total Monthly Price

Base Rent
$2,360
Required Monthly Fees
$30

Total Monthly Price
$2,390

4 Bedroom, 2.5 Bath Rentals

Available Apr 13

2080 Beckenham Cove

MemphisTN38016

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 2294 Purple Leaf Ln

$2,375

Total Monthly Price

Total Monthly Price

Base Rent
$2,345
Required Monthly Fees
$30

Total Monthly Price
$2,375

3 Bedroom, 2.5 Bath Rentals

Available May 28

2294 Purple Leaf Ln

MemphisTN38016
property at 4631 Tulip Creek Dr

$2,360

Total Monthly Price

Total Monthly Price

Base Rent
$2,360

Total Monthly Price
$2,360

5 Bedroom, 2.5 Bath Rentals

Available Now

4631 Tulip Creek Dr

MemphisTN38135
property at 7250 N Old Farm Rd

$2,355

Total Monthly Price

Total Monthly Price

Base Rent
$2,355

Total Monthly Price
$2,355

5 Bedroom, 3.5 Bath Rentals

Available Now

7250 N Old Farm Rd

MemphisTN38125
property at 4847 Saddlehorn Cove

$2,345

Total Monthly Price

Total Monthly Price

Base Rent
$2,345

Total Monthly Price
$2,345

3 Bedroom, 2.5 Bath Rentals

Available Now

4847 Saddlehorn Cove

MemphisTN38125
property at 4560 Wood Fox Cove

$2,330

Total Monthly Price

Total Monthly Price

Base Rent
$2,300
Required Monthly Fees
$30

Total Monthly Price
$2,330

5 Bedroom, 3 Bath Rentals

Available Now

4560 Wood Fox Cove

MemphisTN38125
property at 597 Shelley Renee Ln

$2,330

Total Monthly Price

Total Monthly Price

Base Rent
$2,330

Total Monthly Price
$2,330

4 Bedroom, 2 Bath Rentals

Available Now

597 Shelley Renee Ln

MemphisTN38018
property at 7486 Hedgington Dr

$2,325

Total Monthly Price

Total Monthly Price

Base Rent
$2,289
Required Monthly Fees
$36

Total Monthly Price
$2,325

4 Bedroom, 2.5 Bath Rentals

Available Now

7486 Hedgington Dr

MemphisTN38125
property at 8664 Forest Breeze Dr

$2,325

Total Monthly Price

Total Monthly Price

Base Rent
$2,314
Required Monthly Fees
$11

Total Monthly Price
$2,325

3 Bedroom, 2.5 Bath Rentals

Available Apr 27

8664 Forest Breeze Dr

MemphisTN38018

Memphis, TN Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Memphis, TN Rentals by Map

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Frequently Asked Questions about Memphis

What type of rentals are currently available in Memphis?

There are currently 1830 Apartments for Rent in Memphis, TN with pricing that ranges from $495 to $8,031. There are also 1639 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $450 to $11,500.

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 $450 to $11,500 with an average monthly rent of $1,955.

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 $737 to $6,236, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $3,200. Four Bedroom Single-Family rentals are also available starting from $875 and Four Bedroom Apartments start at $650.

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.

Articles, How-To's, and Tips

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.