
Cheap Homes for Rent in Memphis, MI from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Memphis.


304 Canterbury Ln

2602 Thornbury Ln

1028 Beard St

48141 Meadow Ln

50140 N Benny Ct

24170 Ashford Ln

54170 E Annsbury Cir

56103 Chesapeake Trail
Memphis, MI Local Guide

How much does it cost to rent a home in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis 2 Bedroom Homes for Rent | $1,672 | $1,100 | $2,390 |
Memphis 3 Bedroom Homes for Rent | $1,951 | $1,099 | $3,250 |
Memphis 4 Bedroom Homes for Rent | $1,599 | $1,599 | $1,599 |
Browse Top Homes for Rent in Memphis
Explore Memphis
Memphis, MI Local Guide
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Cheapest Available Memphis Apartments for Rent and Nearby
 The cheapest available apartment rental in Memphis, MI is a 1 Bed unit found at Hickory Square Apartments priced from $830. Anchor Bay Apartments in the New Baltimore neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Memphis apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hickory Square Apartments | A | 1BR,1BA | $830 |
Anchor Bay Apartments | 1 Bedroom | 1BR,1BA | $850 |
Golf Marina Apartments | One Bedroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Memphis, MI and Nearby
As of March 25, 2025 the best value apartment in the Memphis area is the $1.27 price per square foot I & J Style Model at Casa Mia Apartments in the in the New Baltimore neighborhood starting from $1,625. The second greatest value Memphis apartment is the 2br 1bt 1000 sf Model at Oakview Square starting at $1,025 with a $1.03 price per square foot in the Sandstone at The Retreat neighborhood. Here is today’s list of the best values for Memphis apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Casa Mia Apartments | I & J Style | 2BR,2BA | $1.27 |
Oakview Square | 2br 1bt 1000 sf | 2BR,1BA | $1.03 |
Blackwood Apartments | 2 Bedroom 1 Bathroom with basement | 2BR,1BA | $0.93 |
Stony on Van Dyke | Two Bedroom | 2BR,1BA | $1.26 |
Lighthouse Estates | LE2 - 2 Bed, 2 Bath | 2BR,2BA | $1.15 |
Anchor Bay Apartments | 1 Bedroom | 1BR,1BA | $0.89 |
LAKE VILLAGE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.18 |
Aspen Creek Apartments | Two Bedroom | 2BR,1.5BA | $1.15 |
Hickory Square Apartments | A | 1BR,1BA | $1.14 |
Golf Marina Apartments | One Bedroom | 1BR,1BA | $1.21 |
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Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 36 Apartments for Rent in Memphis, MI with pricing that ranges from $605 to $2,987. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $1,099 to $3,250.
What is the current price range for Rental Homes in Memphis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Memphis ranges from $1,099 to $3,250 with an average monthly rent of $1,740.
How much are larger Three and Four Bedroom Rentals in Memphis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Memphis range from $1,135 to $2,199, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,099 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,599 and Four Bedroom Apartments start at $1,619.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.