Memphis Homes for Rent

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Thanks for including so many properties in your rental search. My new rental is really close to downtown and has all the amenities that I would ever need. - Memphis, TN

Popular Rental Properties in Memphis, Tennessee

Beautiful 4 BD / 3 BA Home...

Beautiful 4 BD / 3 BA Home...

Memphis, Tennessee, 38119

3+ Bedrooms

Cute 3 BR, 2 BA home in East Memphis.....

Cute 3 BR, 2 BA home in East Memphis.....

Memphis, Tennessee, 38117

3 Bedrooms

Evergreen Home for Lease

Evergreen Home for Lease

Memphis, Tennessee, 38107

3 Bedrooms

Home for Rent

Home for Rent

Cordova, Tennessee, 38016

3+ Bedrooms

More Memphis Houses for Rent > >

Memphis Homes for Rent

There are great houses for rent in Memphis that you can easily find using MyNewPlace's home rental search. House rentals can be the perfect way to have a lot of extra space for you and your family. You can find homes for rent in the best neighborhoods of Memphis. Search townhomes, single family houses or condos and find the rental home that will best suit your rental housing needs.

Search Apartments for Rent in Memphis

Memphis Market Trends

  • Household Income
    Household IncomeCityStateCity Compared to State
    Less than $10,00014.8%12.0% +2.8%
    $10,000 to $14,9997.9%7.2% +0.7%
    $15,000 to $19,9997.7%7.2% +0.5%
    $20,000 to $24,9997.9%7.4% +0.5%
    $25,000 to $29,9997.6%7.3% +0.3%
    $30,000 to $34,9997.3%7.0% +0.3%
    $35,000 to $39,9996.2%6.3% -0.1%
    $40,000 to $44,9995.7%6.0% -0.3%
    $45,000 to $49,9994.7%5.1% -0.4%
    $50,000 to $59,9997.9%8.8% -0.9%
    $60,000 to $74,9998.3%9.3% -1.0%
    $75,000 to $99,9996.7%8.0% -1.3%
    $100,000 to $124,9993.1%3.6% -0.5%
    $125,000 to $149,9991.2%1.6% -0.4%
    $150,000 to $199,9991.3%1.4% -0.1%
    $200,000 or more1.8%1.7% +0.1%
  • Cost of Living
    Share of Household Income Spent on RentCityStateCity Compared to State
    Less than 10.0%6.4%6.9% -0.5%
    10.0% to 14.9%11.2%12.0% -0.8%
    15.0% to 19.9%13.6%14.2% -0.6%
    20.0% to 24.9%12.6%12.4% +0.2%
    25.0% to 29.9%10.4%10.4% +0.0%
    30.0% to 34.9%7.3%6.9% +0.4%
    35.0% to 39.9%5.2%4.9% +0.3%
    40.0% to 49.9%6.8%6.3% +0.5%
    50.0% or more19.8%16.0% +3.8%
    Not computed6.6%10.0% -3.4%
  • Age Demographic of Renters
    Age Demographic of RentersCityStateCity Compared to State
    15 to 24 years14.5%14.9% -0.4%
    25 to 34 years30.9%28.5% +2.4%
    35 to 44 years21.9%21.7% +0.2%
    45 to 54 years14.7%14.4% +0.3%
    55 to 64 years7.2%8.1% -0.9%
    65 to 74 years5.1%5.8% -0.7%
    75 to 84 years4.0%4.6% -0.6%
    85 years and over1.8%1.9% -0.1%
  • Travel Time to Work
    Travel Time to WorkCityStateCity Compared to State
    Less than 30 minutes47.5%38.9% +8.6%
    30 to 44 minutes27.2%25.9% +1.3%
    45 to 59 minutes7.8%12.9% -5.1%
    60 or more minutes17.5%22.2% -4.7%

Source: 2000 Census

Houses for Rent in Cities Near Memphis, TN

MyNewPlace can help you find the Memphis, TN home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Memphis, TN.

Average Price to Lease a Home Property in Memphis, Tennessee

# Bedrooms Oct Sep Aug 3 Month % change
1 Bed $581 N/A N/A 0%
2 Bed $720 N/A N/A 0%
3 Bed $857 $680 $795 7.8%
4 Bed $1,217 N/A N/A 0%

See how Apartment Rentals compare in Memphis

Featured Rental Properties Near Memphis, TN

  • Butterfield Village Memphis, TN 38119

    Your friends will envy you! Experience the finest apartment community in Memphis, Tennessee: Butterfield Village. Not only are we located in the prime Ridgeway School District, we are just minutes from I-240, I-40, I-55, St. Francis Hospital, Lichterman Nature Center, Japanese Gardens, and the University of Memphis. Butterfield Village boasts one, two and three bedroom garden homes and two and three bedroom townhomes, which include amazing fully-equipped kitchens! Many homes als

  • Fieldstone Phase II Memphis, TN 38125

    Experience the elegance of southern architecture. Enjoy the handsome coach house library with conference table, PC with printer & modem, fax & copier. We will spoil you with our many amenities such as massage therapy, dry cleaning, continental breakfast, and a private Mini Malco Theatre in our personal Resident Lodge with personal concierge. Fieldstone Apartment Homes is located across from Southwind and Fed Ex World Headquarters with easy access to I385 and all areas of Memphis for shopping and entertaining. Brand New apartment homes are still available in our second Phase. Call our Professional Management team today to reserve your home of luxury.

  • The Posts Memphis, TN 38116

    Welcome to The Posts Apartments. Beautiful landscaping. Convenient to shopping, airport, hospital, and FedEx. Easy access to I-55, downtown Memphis, and Graceland. Walking distance to Southland Mall.

  • Arbors of River Oaks Memphis, TN 38120

    Meticulously landscaped grounds will welcome you each evening as you enter your new community enclosed with convenient remote access gates. Did we mention the convenience of this location to almost any destination in the city? The experience you will have as a member of Arbors River Oaks will be beyond compare. The staff members available for you are well qualified, caring and dedicated to offering you the pampered service you deserve. Now does this sound like the lifestyle you have searched for? Of course it does and we can't wait for you to join.

  • Madison Humphreys Center Memphis, TN 38120

    Madison Humphreys Center is a luxury apartment community nestled in a great location yet convenient to I-240. Here, beautiful landscaping and numerous resident services provide a relaxed setting that complements your busy lifestyle. Beautiful, apartment homes with oversized garden tubs, huge walk-in closets and 9 ft. ceiling accented with crown molding are complemented by property amenities like a state of the art athletic center, car care center and much, much more. Don't miss out on this wonderful living experience. Call today.

  • Greenbrook Memphis, TN 38134

    Greenbrook is an apartment community that offers something for everyone. One, two and three bedroom apartment homes are surrounded by acres of beautiful trees, stocked lakes, and walking paths for your enjoyment. Shelby Farms, a 4500 acre recreational facility, is located right at your back door! Convenient to I-40 and I-240, shopping, dining and entertainment is only minutes away. But convenience only begins with Greenbrook's location. A full-size washer and dryer is provided in every apartment home, and with several patio home floorplans to choose from you are sure to find a style that suites you perfectly!

  • Gayoso House & Pembroke Square Memphis, TN 38103

    Pembroke Square is a beautiful apartment community that was once the hotel of choice, and the center of Memphis' social scene. This location was transformed into a touch of yesteryears, with architectual details like vaulted ceilings, oversized windows & original ceramic tile floors that fill the apartments with character, as it was once The Gayoso Hotel. In addition, controlled access, a state-of-the-art health club, an on-site AC controlled storage facility & a resident rooftop overlooking Downtown Memphis & the Mighty Mississippi. You'll LOVE living in the heart of downtown's historic block of Memphis. The trolley stops at your front doorstep and you will be within walking distance from exciting downtown's entertainment.

  • Arbors of Hickory Ridge Memphis, TN 38115

    The Arbors of Hickory Ridge offers a beautiful country setting in apartment living. Upon arrival at your home, you are immediately transformed to a tranquil scenic atmosphere featuring a serene lake with fountains. This distinctive community is just minutes from I-40, shopping, and several entertainment spots. A limited- access gated community, offering 1, 2, & 3 bedroom apartments with thirteen floor plans and numerous options to fit your particular needs. Fully equipped kitchens, vaulted ceilings, ceiling fans, washer/dryer connections, wet and dry bar areas, wood burning fireplaces with gas starters, large patios/balconies, and sunrooms are just a few of the amenities we offer to help personalize your home.

  • The Bristol on Union Memphis, TN 38104

    Discover a new era in city living where you can work, live and play in luxury. Step through to a new lifestyle in living at the Bristol on Union. Imagine the convenience of having every comfort right at your doorstep while being only moments away from Memphis International Airport and quick access to Interstate 240. When you are searching for the perfect escape dine at one of the many nearby restaurants, shop at the finest establishments at Peabody Place or take in a ballgame at Autozone Park. If you enjoy the nightlife, then stroll down to Beale Street where good food and the sounds of jazz come alive! Escape from the everyday stresses and relax in your home which boasts such features as: nine and ten foot ceilings, spacious walk-in closets, brightly lit sunrooms, gourmet island kitchens, and some loft style floor plans - just to mention a few. Unique contemporary styled architecture provides you with easy access to your home with covered garage parking with same level entry. For the fitness enthusiast, work out in the health and fitness center or take in a game on the private Bocce Ball Court.

  • Lincoln On The Green At Southwind Memphis, TN 38125

    Located in the beautiful master-planned community of Southwind, Lincoln on the Green offers luxury one, two and three bedroom floorplans. Modern conveniences appoint the apartment interiors, and an abundance of amenities are available for you to enjoy. Soak up the beautiful views of TPC Southwind Golf Course from your apartment home, or shop until you drop at the Avenues of Carriage Crossing, only 5 miles away. A quick hop onto I-385 and you are within thirty minutes of exploring downtown Memphis and all it has to offer. Lincoln on the Green, where luxury meets affordability.