4061 Reenie Ave
MemphisTN38128
Cheap Homes for Rent in Raleigh Neighborhood of Memphis, TN from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Raleigh area of Memphis.
2035 Brighton Rd
MemphisTN38128
4166 Hobson Rd
MemphisTN38128
3715 Edgefield Cove
MemphisTN38128
4279 Trudy St
MemphisTN38128
2555 McArthur Dr
MemphisTN38128
3823 Kerwood Ave
MemphisTN38128
3883 Winwood Dr
MemphisTN38128
2593 Courtney Dr
MemphisTN38128
3294 Magevney St
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.
3994 Twin Lakes Dr
MemphisTN38128
3824 Windermere Rd
MemphisTN38128
3368 James Rd
MemphisTN38128
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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 | $850 | $850 | $850 |
| Raleigh 3 Bedroom Homes for Rent | $1,459 | $1,050 | $2,070 |
| Raleigh 4 Bedroom Homes for Rent | $1,792 | $1,595 | $2,165 |
| Raleigh 5 Bedroom Homes for Rent | $2,102 | $2,070 | $2,135 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Raleigh Neighborhood of Memphis, TN.
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Raleigh, Memphis, TN Local Guide
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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 $550. 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 | $550 |
| Walden Pointe | One Bedroom 1X1C | 1BR,1BA | $720 |
| Huntington Hills | 2 BR/ 1 BA | 2BR,1BA | $729 |
| Jamesbridge | 1 Bed / 1 Bath - Comfort Option | 1BR,1BA | $740 |
| Country View Apartments | 1 Bed / 1 Bath - Standard Option | 1BR,1BA | $740 |
Best Value Apartments for Rent in Raleigh, TN
As of April 20, 2025 the best value apartment in the Raleigh area is the $0.87 price per square foot 2 Bed 2 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,395. The second greatest value Raleigh apartment is the 2 Bed 1.5 Bath Model at Cedarwood Apartments starting at $975 with a $1.03 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. |
|---|---|---|---|
| Sunridge Townhomes | 2 Bed 2 Bath | 2BR,2BA | $0.87 |
| Cedarwood Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.03 |
| Abington | 2 Bed / 2 Bath – Spacious Townhome | 2BR,1.5BA | $0.89 |
| The Meridian Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.94 |
| Lakes at Epping Way | 1 Bed / 1 Bath - Comfort Option | 1BR,1BA | $1.01 |
| Scenic Hills Apartments | 1 Bedroom | 1BR,1BA | $0.71 |
| Avery Park Apartments | 2X1 | 2BR,1BA | $1.10 |
| 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 |
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Frequently Asked Questions about Raleigh
What type of rentals are currently available in Raleigh?
There are currently 48 Apartments for Rent in Raleigh, TN with pricing that ranges from $550 to $4,110. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Raleigh ranging from $850 to $2,165.
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 $850 to $2,165 with an average monthly rent of $1,550.
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 $4,110, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,070. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,970.
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.
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.
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.