
Cheap 2 Bedroom Apartments for Rent in the Midtown Neighborhood of Memphis, TN from $825 (48 Rentals)


Overton Place

151 N Belvedere Blvd

Stonewall Apartments

Eleven60

Idlewild Terrace

Peabody Falls Apartments

The Drew

Goodbar Townhomes
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Madison Gardens Apartments

1860-1862 Court Ave

The Broadmoor Apartments

Urban Peddler

The Pulse Apartments

Azur Tower

Park Terrace

The Courtyard at Ironworks

The Galloway @ Evergreen
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

1265-2167 Union Ave

1542 Tutwiler Ave

Kings Reserve Memphis

Kimbrough Tower Apartments

1540 Tutwiler Ave

The Midtowner

Idlewild 45

1161 Poplar

Deauville Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Midline Apartments

The Residence

Overton Garden Apartments

88 N Willett St, Unit #3, Unit #3

32 N Belvedere Blvd, Unit 2, Unit 2

230 Cochran St

Medical Center Apartments

35 N Idlewild St

144 N. Belvedere
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.

The Vinton

Caprice

1320 Faxon Ave

220 N Willett St

Mclean Plaza

Colonial Apartments

1066 Greenlaw Ave

1733 Poplar Ave

Peabody Station Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Almadura Apartments

1271 Poplar Ave

Tucker Place
Midtown, Memphis, TN Local Guide

How much does it cost to rent an apartment in Midtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Studio Apartments | $975 | $634 | $1,500 |
| Midtown 1 Bedroom Apartments | $1,182 | $695 | $2,967 |
Midtown 2 Bedroom Apartments | $1,380 | $825 | $3,400 |
| Midtown 3 Bedroom Apartments | $2,401 | $995 | $7,109 |
| Midtown 4 Bedroom Apartments | $1,925 | $1,900 | $1,950 |
Explore Memphis
Midtown, Memphis, TN Local Guide
- Nearby 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!
Read ArticleDon'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.
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.
Pet Friendly LifestyleMidtown, Memphis, TN
Ranked #13
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Midtown Apartments
What is a cheap apartment in Midtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown is under $810.
What is the price of a cheap apartment in Midtown?
The cheapest apartment in Midtown is Stonewall Apartments which is listed at $895, while the average apartment in Midtown costs $2,295.
What types of apartments are the cheapest in Midtown?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 122 regular apartments in Midtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Midtown?
Cheap apartments in Midtown have an average cost of $575 which is $1,720 cheaper than the average rent for all rentals in Midtown.
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

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.