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$7001 Bedroom Apartments Available Now
2715 Cherry Rd, Unit 1249
2715 Cherry RdMemphis, TN 38118
Homes for Rent in Memphis, TN Under $700 (31 Rentals)
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$6992 Bedroom Apartments Available Now
607 E McLemore Ave, Unit 2
607 E McLemore AveMemphis, TN 38106
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$6951 Bedroom Apartments Available Now
1433 Court Ave
1433 Court AveMemphis, TN 38104
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$6952 Bedroom Apartments Available Now
888 Kerr Ave, Unit 27
888 Kerr AveMemphis, TN 38106
1917 Farrington St
MemphisTN38109
464 Glankler St
MemphisTN38112
525 N Waldran Blvd
MemphisTN38105
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.
820 Maury St
MemphisTN38107
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$6752 Bedroom Apartments Available Now
1540 Standridge St
1540 Standridge StMemphis, TN 38108
1024 S Wellington St
MemphisTN38126
3042 McAdoo Ave
MemphisTN38112
3414 Pine Ridge Ln
MemphisTN38118
331 W Dison Ave
MemphisTN38109
1111 North Pkwy
MemphisTN38105
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.
2859 NATHAN Ave
MemphisTN38112
2861 Nathan Ave
MemphisTN38112
847 Ayers St
MemphisTN38107
845 University St
MemphisTN38107
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$6121 Bedroom Apartments Available Now
2183 Kansas St
2183 Kansas StMemphis, TN 38109
2251 Stovall Ave
MemphisTN38108
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$600Studio Apartments Available Now
2715 Cherry Rd, Unit 2407
2715 Cherry RdMemphis, TN 38118
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.
3885 Spottswood Ave
MemphisTN38111
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$5951 Bedroom Apartments Available Now
129 Majuba Ave
129 Majuba AveMemphis, TN 38109
1379 Ferguson Rd
MemphisTN38106
2167 Kansas St
MemphisTN38109
1445 Britton St
MemphisTN38108
1485 E Mallory Ave
MemphisTN38106
2117 Hunter Ave
MemphisTN38108
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.
306 S Lauderdale St
MemphisTN38126
24 W Colorado Ave
MemphisTN38106
2362 Golden Ave
MemphisTN38108
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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 | $1,164 | $495 | $3,390 |
| Memphis 3 Bedroom Homes for Rent | $1,575 | $725 | $3,900 |
| Memphis 4 Bedroom Homes for Rent | $1,988 | $845 | $4,500 |
| Memphis 5 Bedroom Homes for Rent | $2,524 | $1,095 | $5,995 |
| Memphis 6 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Top Homes for Rent in Memphis
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Memphis, TN Local Guide
- Memphis Neighborhoods
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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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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.
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.
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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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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 1936 Apartments for Rent in Memphis, TN with pricing that ranges from $450 to $8,783. There are also 1951 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $495 to $5,995.
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 $495 to $5,995 with an average monthly rent of $1,610.
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 $575 to $4,109, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $3,900. Four Bedroom Single-Family rentals are also available starting from $845 and Four Bedroom Apartments start at $550.
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
Memphis, Tennessee: A Local Expert's 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.
The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.
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.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Articles, How-To's, and Tips
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.