
Apartments for Rent in the Raleigh Neighborhood of Memphis, TN (119 Rentals) Page 3 of 3


The Coves at Yale

Nike Single Family Portfolio

4695 Allendale Dr

Raleigh Court Townhomes

Beverly Springs

Hammond Place Town Homes

Creekwood Village Apartments

Raleigh Pines Apartments

Jamesbridge

Coves at Yale

Country View

3815 Austin Peay Hwy

Wesley Highland Meadows

The Summit Apartments

Scenic Hills Apartments

Northlake Apartments

Keystone Landing

Highland Chateau
Raleigh, Memphis, TN Local Guide

How much does it cost to rent an apartment in Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raleigh Studio Apartments | $695 | $695 | $695 |
| Raleigh 1 Bedroom Apartments | $770 | $649 | $900 |
| Raleigh 2 Bedroom Apartments | $961 | $729 | $1,145 |
| Raleigh 3 Bedroom Apartments | $1,112 | $829 | $1,499 |
| Raleigh 4 Bedroom Apartments | $1,545 | $1,545 | $1,545 |
How much does it cost to rent a home in Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,048 | $975 | $1,200 |
| 3 Bedroom Homes | $1,399 | $1,035 | $1,835 |
| 4 Bedroom Homes | $1,734 | $1,390 | $2,100 |
| 5 Bedroom Homes | $1,776 | $1,610 | $2,030 |
Browse Apartments in this Neighborhood
There are currently 119 rentals with your search options within a 2 mile radius of the Raleigh Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Frequently Asked Questions about Raleigh
What is the current pricing and availability for apartments for rent in the Raleigh area of Memphis, TN?
As of today, August 29, 2026, there are currently 119 available Raleigh apartments priced from $649 to $1,545, with an average monthly rent of $968.
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 $770.
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 $961.
How expensive are Raleigh Three Bedroom Apartments?
There are currently 30 Three Bedroom Apartments listings available in Raleigh on ApartmentHomeLiving.com. The pricing ranges from $829 to $1,499 - averaging $1,112 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

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.

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.