3. Memphis, Tennessee

Memphis, Tennessee is the third most budget-friendly metro for renters, according to ApartmentGuide.com. A really nice apartment like this at the Gayoso House runs between $900-$1,300 per month.

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Renting vs. Buying: Living Room
Renting vs. Buying: Pool
5. Birmingham, Alabama
4. Columbus, Ohio
6. Dayton, Ohio
8. Louisville, Kentucky
1. Tulsa, Oklahoma
Bocce Ball at 77 12th Street
Renting vs. Buying: Outdoor Living Room
Renting vs. Buying: Recreation Room

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