Cheap Townhomes for Rent in Shelby County, TN from $500 (51 Rentals)

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Search the lowest-cost Townhomes available for rent right now in Shelby County.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

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property at 24 N Cooper St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

Studio, 1 Bath Townhome for Rent

Available Now

24 N Cooper St, Unit 1

24 N Cooper St
MemphisTN38104

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.

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property at 1540 Tutwiler Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1540 Tutwiler Ave

MemphisTN38107
property at 1542 Tutwiler Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

1542 Tutwiler Ave

MemphisTN38107

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.

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property at 3748 Cambridge Station Dr

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

3 Bedroom, 2 Bath Townhome for Rent

Available Now

3748 Cambridge Station Dr

MemphisTN38115
property at 6761 Whitten Pine Dr

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395

3 Bedroom, 2 Bath Townhome for Rent

Available Now

6761 Whitten Pine Dr

MemphisTN38134

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.

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Showing Results 1-50, Page 1 of 2

Frequently Asked Questions about Shelby County

What type of rentals are currently available in Shelby County?

There are currently 1771 Apartments for Rent in Shelby County, TN with pricing that ranges from $525 to $7,985. There are also 1768 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby County ranging from $550 to $4,000.

What is the current price range for Rental Homes in Shelby County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelby County ranges from $550 to $4,000 with an average monthly rent of $1,333.

How much are larger Three and Four Bedroom Rentals in Shelby County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Shelby County range from $550 to $4,110, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,400 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.

Articles, How-To's, and Tips

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.