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Rent to Own Stores in Memphis, Tennessee

15 stores across 7 categories

Memphis, TN has 15 rent-to-own stores listed in the VRTO (Virtual Rent To Own) directory. Available companies include Aaron's, Bestway Rent To Own, Premier, Rent-A-Center. Product categories available: appliances, computers, electronics, furniture, gaming, mattresses, smartphones. With a population of 633,104 and a median household income of $41,228 (Source: US Census Bureau, American Community Survey), Memphis represents a well-served rent-to-own market. Rent-to-own transactions are legal and regulated in TN (Source: State Legislature). Early purchase rights: Consumer may purchase the property at any time by paying 60% of the remaining periodic payments plus any past-due amounts. Most rent-to-own locations do not require a credit check — approval is typically based on income verification. Compare locations, hours, and ratings below. Most stores don't require a traditional credit check, and you can return anytime.

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Compare 15 rent-to-own stores in Memphis

See ratings, products, and contact info side by side.

Compare Stores

Compare Rent-to-Own Stores in Memphis, TN

Side-by-side comparison to help you choose the right store for your needs.

Store Google rating Location Phone
Bestway Rent To Own 4.4 191 reviews 4691 Knight Arnold Rd (901) 362-2480 Visit Website
Rent-A-Center 4.4 66 reviews 2570 Frayser Blvd (901) 353-5300 Visit Website
Rent-A-Center 4.2 39 reviews 4005 Jackson Ave (901) 377-8300 Visit Website
Rent-A-Center 4.2 72 reviews 3296 Jackson Ave (901) 327-3766 Visit Website
Premier 4.0 133 reviews 3425 Austin Peay Hwy (901) 755-9555 Visit Website
Rent-A-Center 4.0 79 reviews 4703 Elvis Presley Blvd (901) 332-3200 Visit Website
Aaron's 4.0 133 reviews 4502 Elvis Presley Blvd (901) 345-1199 Visit Website
Rent-A-Center 3.9 125 reviews 2259 Park Ave (901) 324-8100 Visit Website
Rent-A-Center 3.8 73 reviews 3637 Hickory Hill Rd (901) 362-1236 Visit Website
Bestway Rent To Own 3.7 50 reviews 1666 Sycamore View Rd (901) 388-2788 Visit Website
Bestway Rent To Own 3.7 50 reviews 3902 Austin Peay Hwy (901) 388-2788 Visit Website
Aaron's 3.7 70 reviews 1300 Getwell Rd (901) 744-3089 Visit Website
Aaron's 3.6 74 reviews 4320 Summer Ave (901) 683-0952 Visit Website
Aaron's 3.3 85 reviews 7143 Winchester Rd (901) 363-1047 Visit Website
Aaron's 2.9 61 reviews 5050 Stage Rd (901) 372-0127 Visit Website

What customers are saying

Recent reviews from rent-to-own stores in Memphis.

4/10/24 Wednesday 11:25 AM checked in 12:00 PM appt 12:05 PM docked 12:40 PM started 1:00 PM loaded 1 hr 15 min at facility, 30 min loading If you arrive late, they will not load you. If you arrive early or on time, they will call you when a door is available.

AMG Transport LLC
Premier

Overnight parking. There quick on unloading you. No more than a hour tops. Very friendly and respectful.

RON HALEY Jr
Premier

4/10/24 Wednesday 11:25 AM checked in 12:00 PM appt 12:05 PM docked 12:40 PM started 1:00 PM loaded 1 hr 15 min at facility, 30 min loading If you arrive late, they will not load you. If you arrive early or on time, they will call you when a door is available.

AMG Transport LLC
Premier

Overnight parking. There quick on unloading you. No more than a hour tops. Very friendly and respectful.

RON HALEY Jr
Premier

Great customer service! They are always willing to find you not only the best deal but what you want. I wanted a black stove and they only had white at the time. The team on Knight Arnold not only got me what I wanted but did it in less than a week. Amanda and the team are always willing to work with you in every way!

Pamela Williams
Bestway Rent To Own

I really love the staff Ms. Amanda and Mr. Terrance are awesome they always make our experience with best way awesome. They are the reason I am still with best way. Anything I need Ms Amanda going to make it happen. It's another girl but I forgot her name but she is a sweet heart also.go check them out they will take care on you I promise

Alec
Bestway Rent To Own
Reviews from Google

What to bring when visiting a rent-to-own store

Most stores in Memphis will ask for the following to get started.

Valid Photo ID

Driver's license, state ID, or passport

Proof of Income

Recent pay stub, bank statement, or benefits letter

Proof of Residence

Utility bill, lease agreement, or bank statement with address

References

Typically 3-4 personal references with phone numbers

Most stores don't require a traditional credit check.

Rent-to-own agreements commonly include return options, but timing, fees, item condition, and remaining obligations vary. In Tennessee, stores are required to offer an early purchase option. Requirements vary by store. Call ahead to confirm.

Shopping for rent-to-own in Memphis

Getting the best deal on rent-to-own takes a little preparation. Here are tips to help you make an informed decision at any of the 15 stores in Memphis.

Compare stores side by side

Use the comparison table above to compare stores side by side, rated by customers, with products and contact info in one view.

Ask about early purchase options

Every rent-to-own agreement should include an early purchase option (EPO). Ask the store how much you can save by buying the item outright before the full lease term ends. The earlier you buy, the more you save.

Check store hours before you go

Hours can vary by location and may change on holidays. Call ahead or check the store listings above to confirm the store is open before making the trip. Many stores close earlier on weekends.

Read reviews from other customers

Customer reviews can reveal important details about service quality, delivery experience, and staff helpfulness. Check ratings on each store listing and click through for detailed reviews.

Estimate your total cost

Use the VRTO calculator to estimate your total rent-to-own cost before you visit. Knowing the full cost upfront helps you compare options and budget effectively.

Know your rights

Rent-to-own is generally structured as a lease with an option to own. Return rights and obligations vary by agreement and state. Tennessee has consumer protection laws governing RTO transactions. Ask the store for a copy of your agreement before signing.

Renting to own in Tennessee: what the law gives you

Tennessee has a specific rent-to-own statute (Tennessee Rental-Purchase Agreement Act). Agreement structure, charges, returns, collections, and credit reporting can vary. Always read the agreement and confirm the terms with the store before you sign.

About rent-to-own in Memphis

Memphis has 15 rent-to-own stores serving the largest city on the Mississippi River in Tennessee. The city's logistics hub economy and diverse workforce make RTO stores here competitive on pricing and delivery. Tennessee's Rental-Purchase Agreement Act requires clear written agreements and gives consumers the right to return merchandise at any time without penalty.

Shop by category in Memphis

appliances computers electronics furniture gaming mattresses smartphones

Rent-to-own in nearby cities

Millington Bartlett Collierville Clarksville Knoxville Nashville Chattanooga Greeneville
All rent-to-own stores in Tennessee

Rent-to-own in Memphis, answered

Memphis, TN has 6 rent-to-own stores listed in the VRTO directory, operated by 4 companies: Aaron's, Bestway Rent To Own, Premier, and Rent-A-Center. Each store offers different products and payment options. Browse the listings above to compare hours, ratings, and contact info.

Most rent-to-own stores in Memphis do not require a traditional credit check. RTO is a lease agreement, not a loan, there is no debt obligation, and you can return items at any time. Stores typically verify identity and income rather than credit score. Contact stores directly to confirm their specific requirements.

Memphis heavy rainfall and aging road infrastructure create persistent pothole conditions, increasing tire replacement demand. Local RTO tire providers in Memphis offer flexible payment options that help drivers maintain safe tires year-round without large upfront costs.

Rent-to-own stores in Memphis offer appliances, computers, electronics, furniture, gaming, jewelry. You take items home the same day, no waiting for delivery or credit approval. Most RTO agreements include free service and repair coverage for the life of the lease, so if an appliance breaks down, the store fixes or replaces it at no extra cost. Use the comparison table above to see what each of the 4 local stores carries.

Memphis has a median household income of $41,228 and a poverty rate of 24.6%. RTO provides an accessible path to household essentials without credit checks. The one of the highest RTO utilization rates per capita in the Southeast, driven by affordability needs makes RTO a practical option for many local residents.

Rent-to-own lets you take home items immediately and pay weekly or monthly until you own them, or return them anytime with no penalty. There is no long-term obligation: RTO is a lease, not a credit agreement. Service, maintenance, and repairs are typically included at no additional cost, so you are covered if something breaks. Total cost is typically higher than retail cash price, but early purchase options can reduce what you pay. Tennessee requires dealers to disclose the total cost upfront before you sign.

Rent-to-own is a regulated industry, 47 states have RTO-specific statutes, and the FTC oversees the market at the federal level. Tennessee regulates rent-to-own agreements under state consumer protection law. Rent-to-own agreements in Tennessee are regulated by state consumer protection laws. Always review the full agreement before signing. Review the full agreement and understand the total cost before committing.

The Memphis metro area (1.3 million residents) has one of the highest RTO utilization rates per capita in the Southeast, driven by affordability needs. With humid subtropical with hot summers and occasional ice storms in winter, local RTO stores tailor their inventory to meet specific community needs across all product categories.

RTO total cost in Memphis typically ranges from 1.5x to 2.5x the retail cash price, paid over 12-24 months. Under Tenn. Code Ann. 47-18-301 through 47-18-310, Tennessee dealers must disclose the total cost upfront. Early purchase options can significantly reduce the total amount paid.

Memphis experiences humid subtropical with hot summers and occasional ice storms in winter, which shapes local RTO demand. Living room furniture, appliances like washers and refrigerators, and electronics are consistently popular. The 53.7 inches of annual rainfall also drives demand for reliable transportation items including tires.

VRTO (Virtual Rent To Own) is an independent directory and is not affiliated with, endorsed by, or acting as an agent of any rent-to-own company listed on this page. Store details can change. Reviews and ratings shown are from Google. Always confirm hours, pricing, terms, and availability with the retailer before you visit. See our full disclaimer and data collection methodology.

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