
4 Bedroom Apartments for Rent in Memphis, TN Under $600 (1 Rental)

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis Studio Apartments | $1,176 | $560 | $8,000 |
Memphis 1 Bedroom Apartments | $1,296 | $200 | $6,186 |
Memphis 2 Bedroom Apartments | $1,427 | $499 | $6,890 |
Memphis 3 Bedroom Apartments | $1,800 | $740 | $7,240 |
Memphis 4 Bedroom Apartments | $1,993 | $599 | $6,720 |
Explore Memphis

Memphis, TN Local Guide
- Memphis Neighborhoods
- Nearby Cities
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Quick 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.
Getting Around Memphis, TN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 116 Studio Apartments in Memphis with rent ranges from $560 to $8,000 with an average price of $1,176.
What is the current price range for One Bedroom Memphis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Memphis ranges from $200 to $6,186 with an average monthly rent of $1,296.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $499 to $6,890. Today's average rental price for Two Bedrooms here is $1,427.
How expensive are Memphis Three Bedroom Apartments?
There are currently 339 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $740 to $7,240 - averaging $1,800 for the location.
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.

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