2777 W Hickory Bluff
MemphisTN38128
Cheap Homes for Rent in Raleigh Neighborhood of Memphis, TN from $1,000 (5 Rentals)
Cheap Homes in the Raleigh area of Memphis.
4166 Hobson Rd
MemphisTN38128
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
2035 Brighton Rd
MemphisTN38128
3906 Brandy Ave
MemphisTN38128
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
3715 Edgefield Cove
MemphisTN38128
Showing Results 1-5, Page 1 of 1
Raleigh, Memphis, TN Local Guide
How much does it cost to rent a home in Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raleigh 2 Bedroom Homes for Rent | $1,050 | $1,050 | $1,050 |
| Raleigh 3 Bedroom Homes for Rent | $1,420 | $1,050 | $1,995 |
| Raleigh 4 Bedroom Homes for Rent | $1,842 | $1,625 | $2,150 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Raleigh Neighborhood of Memphis, TN.
Explore Memphis
Raleigh, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Raleigh Apartments for Rent
The cheapest available apartment rental in the Raleigh area of Memphis, TN is a 1 Bed unit found at Scenic Hills Apartments priced from $699. Walden Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here are the most affordable Raleigh apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Scenic Hills Apartments | 1 Bedroom | 1BR,1BA | $699 |
| Walden Pointe | One Bedroom 1X1C | 1BR,1BA | $720 |
| Huntington Hills | 2 BR/ 1 BA | 2BR,1BA | $729 |
Best Value Apartments for Rent in Raleigh, TN
As of May 05, 2025 the best value apartment in the Raleigh area is the $0.90 price per square foot 3 Bedroom, 2 Bathroom Model at Luxe at Raleigh in the in the Raleigh neighborhood starting from $940. The second greatest value Raleigh apartment is the 2 Bed 2 Bath Model at The Meridian Apartments starting at $900 with a $0.90 price per square foot in the Raleigh neighborhood. Here is today’s list of the best values for Raleigh apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Luxe at Raleigh | 3 Bedroom, 2 Bathroom | 3BR,2BA | $0.90 |
| The Meridian Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.90 |
| Abington | 2 Bed / 2 Bath – Spacious Townhome | 2BR,1.5BA | $0.89 |
| Scenic Hills Apartments | 2 Bedroom Flat | 2BR,1BA | $1.00 |
| Lakes at Epping Way | 1 Bed / 1 Bath - Comfort Option | 1BR,1BA | $1.01 |
| Avery Park Apartments | 2X1 | 2BR,1BA | $1.10 |
| Highland Chateau | 1 Bed / 1 Bath - Comfort Option | 1BR,1BA | $1.16 |
| Covington Hills | 1 BR renovated | 1BR,1BA | $1.14 |
| Huntington Hills | 1 BR/ 1 BA | 1BR,1BA | $1.12 |
| Jamesbridge | 1 Bed / 1 Bath - Comfort Option | 1BR,1BA | $1.12 |
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.
Let everyone know!
Do you know the Raleigh area?
If you’re an expert on all things Raleigh, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Raleigh
What type of rentals are currently available in Raleigh?
There are currently 46 Apartments for Rent in Raleigh, TN with pricing that ranges from $680 to $2,150. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Raleigh ranging from $1,050 to $2,150.
What is the current price range for Rental Homes in Raleigh?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Raleigh ranges from $1,050 to $2,150 with an average monthly rent of $1,437.
How much are larger Three and Four Bedroom Rentals in Raleigh?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Raleigh range from $829 to $2,020, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,625 and Four Bedroom Apartments start at $1,445.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.