
Apartments for Rent in the Raleigh Neighborhood of Memphis, TN Under $1,200 (41 Rentals)


Hilldale Apartments

Lexington Apartments

Abington

Epping Way

Avery Park Apartments

Stonegate Apartments

Walden Pointe
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.

Huntington Hills

Cedarwood Apartments

The Meridian Apartments

Luxe at Raleigh

2879 Beverly Hill St, Unit 2866-02

3710 Dorado Cove

3891 Tessland Rd

2876 Cela Rd
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.

3355 Fairbanks St

4210 Kerwin Dr

3583 Russelwood Dr

5211 Kimbark Woods Dr

3681 Barberry St

3758 Wolf Trail Dr

3785 Black Forest Dr

3338 Covington Pike
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.

4180 Kerwin Dr

2812 E Hickory Bluff

2083 Charleston Rd

3742 Berry Ln

3916 Wales Ave

Raleigh Court Townhomes

Highland Chateau

Creekwood Village Apartments
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.

Coves at Yale

Jamesbridge

Country View

Beverly Springs

The Summit Apartments

Rivergrove

Scenic Hills Apartments

2969 Stage Park Pl
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.

5292 Stage Rd
Raleigh, Memphis, TN Local Guide

How much does it cost to rent an apartment in Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raleigh 1 Bedroom Apartments | $796 | $649 | $900 |
| Raleigh 2 Bedroom Apartments | $964 | $729 | $1,145 |
| Raleigh 3 Bedroom Apartments | $1,115 | $829 | $1,499 |
| Raleigh 4 Bedroom Apartments | $1,545 | $1,545 | $1,545 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Raleigh Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Raleigh, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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.
Pet Friendly LifestyleRaleigh, Memphis, TN
Ranked #80
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Raleigh
What is the current price range for One Bedroom Raleigh Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Raleigh ranges from $649 to $900 with an average monthly rent of $796.
What does renting a Two Bedroom Apartment in Raleigh cost?
The monthly rent prices of Two Bedroom Apartments currently available in Raleigh range from $729 to $1,145. Today's average rental price for Two Bedrooms here is $964.
How expensive are Raleigh Three Bedroom Apartments?
There are currently 28 Three Bedroom Apartments listings available in Raleigh on ApartmentHomeLiving.com. The pricing ranges from $829 to $1,499 - averaging $1,115 for the location.
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

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.