Apartments for Rent in Memphis, TN (1,971 Rentals)

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

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Orleans Station
Rent Specials
$1,403 - $1,628
Total Monthly Price

Total Monthly Price

Base Rent
$1,403 - $1,628

Total Monthly Price
$1,403 - $1,628
1 Bedroom Apartments Available Now

Orleans Station

694 Madison AveMemphis, TN 38103
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Landing Residences
$1,379 - $7,856
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Total Monthly Price

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$1,379 - $7,856

Total Monthly Price
$1,379 - $7,856
Studio to 2 Bedroom Apartments Available Now

The Landing Residences

1 Dr Martin Luther King Jr AveMemphis, TN 38103
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

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The Rise Apartments
$1,381 - $5,951
Total Monthly Price

Total Monthly Price

Base Rent
$1,381 - $5,951

Total Monthly Price
$1,381 - $5,951
Studio to 2 Bedroom Apartments Available Sep 10

The Rise Apartments

420 Monroe AveMemphis, TN 38103
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Memphis, TN Local Guide

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Justin Habersaat
Editing Staff

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Memphis Overview

Memphis, Tennessee is a place where you can feel lost in time, surrounded by rich history and the roots of some of today’s most popular music. Southern hospitality and tradition combine with modern comfort and a sense of belonging in Tennessee’s largest city, which still manages to retain the quiet charms of simple living. From the vibrant neighborhoods of Downtown Memphis to the majestic Mississippi River, there is no shortage of variety to be found by people staying in apartments in Memphis. Also, you can’t visit this sunny getaway without trying some legendary Memphis barbecue.

What is the history of Memphis?

Memphis was founded in 1819, by future president Andrew Jackson and two other individuals, who named it after a capital of ancient Egypt. In the 19th century, Memphis prospered as a center of trade as well as transportation thanks to its location above the Mississippi River. The region’s placement also helped it become a leader in both the cotton and lumber industries. Between 1900 and 1950 the city’s population nearly quadrupled, as it was a magnet for immigrants as well as workers from beyond its territories. It was also a pivotal setting in regards to the civil rights movement, as the large population of African Americans in Memphis was faced with rampant racial segregation in the 1960s. A strike by mostly African American sanitation workers seeking better wages and living conditions led to the arrival of Martin Luther King, Jr, who delivered his final speech in Memphis before his assassination.

How is the weather in Memphis?

Memphis features a humid subtropical climate, featuring winters that range from mild to chilly with an average temperature in the 40s °F for the month of January. Snow is uncommon, although ice and freezing rain have been known to occur. The spring months are usually accompanied by thunderstorms, which can include hail as well as heavy winds. Summer in Memphis can be influenced by either Texas or the Gulf of Mexico, and can be very hot and humid, or hot and very humid. The average high temperature is in the lower 80s °F during the summer, although humidity levels can be high as a result of the moisture from the Gulf. While thunderstorms can be frequent on summer days, they are usually over quickly. Autumn starts off mild and dry, and can turn cooler with more rain as winter approaches.

How do I get around town?

Memphis’ transit authority operates the city’s bus system as well as trolleys that allow easy access to the various attractions tourists might want to visit. Memphis apartments Downtown are within walking distance of many sightseeing destinations, and the presence of public transportation makes it possible for you to see everything worth seeing without the need for a car. There are even free shuttle rides available that provide access to some of the local landmarks. Memphis International Airport is one of the top 50 busiest passenger airports in the United States. Additionally, Memphis Central Station offers access to both the Memphis trolley system as well as Amtrak trains. Bike lanes have also seen a recent increase in Memphis, creating new possibilities for economical, responsible travel.

What is the Memphis commute like?

Memphis has more highways than any of the other cities located in the Southeastern United States. I-40 goes coast to coast, eventually reaching North Carolina to the east and Los Angeles to the west. I-55 links Memphis to Missouri and Chicago to the north, and New Orleans to the south, while I-240 serves the inner workings of the city by connecting Midtown, Downtown, North Memphis, South Memphis, East Memphis and the airport. Although Memphis is the most populous city in Tennessee, commuters in Memphis rank better than most other U.S. cities in terms of their time spent driving. The roads can get busy at times, but things move quickly enough that people who fear gridlock traffic needn’t be concerned.

What are the local media outlets?

The Memphis Daily News serves as a dependable source for local and far-reaching news as well as information regarding commerce and business. On television, WREG-TV broadcasts 40 hours of newscasts on a weekly basis. Popular radio stations include WEVL 89.9 FM (listener supported, volunteer radio with a random selection), KXHT 107.1 FM (rap and hip hop), WRBO 103.5 FM (soul classics) and KJMS 101.1 FM (urban contemporary).

Why live in Memphis, TN?

The endless possibilities in Memphis make it a city that is difficult to define. There are museums and historical sites that will satisfy anyone seeking to learn about the rich history of the south and the civil rights movement. The plentiful parks and trails can keep active nature lovers happy, and there’s no shortage of sights for music aficionados interested in the origins of the classics. Between the countless animals at the Memphis Zoo, the mouthwatering soul food and barbecue that’s always in easy reach, and the minor league stadium where you can watch the Memphis Redbirds in action, Memphis is a city that comes equipped with everything you might want to experience. No matter who you find your apartment in Memphis, you're bound for adventure.

What Memphis landmarks should I see?

Memphis is home to a number of iconic landmarks. The National Civil Rights Museum, which is one of the country’s most notable cultural museums, is located where Dr. Martin Luther King Jr. was assassinated. Sun Studio, the birthplace of rock and roll, and Graceland, the museum and former home of Elvis Presley, are also places well worth a look. Other stops include the Stax Museum of American Soul Music, the Orpheum Theatre and Beale Street, whose restaurants and blues clubs have made it a major tourist attraction.

What is there to do around Memphis?

The iconic Mississippi River is at your disposal, and with the boat tours available you can learn about Memphis in a new way, from the deck of an authentic riverboat. The parks and fishing offer even more activities outside, but the fun doesn’t stop when you head indoors. The Memphis Brooks Museum of Art, the Metal Museum, the Stax Museum of American Soul Music, the Memphis Rock ’n’ Soul Museum and the Blues Hall of Fame all call Memphis home, and when you’re staying in this incredible city you can have it all right in front of you.

Any annual festivals or Memphis events to know?

Africa in April is a three-day festival that celebrates the art, diversity and history of the African culture. In June there is the Memphis Italian Festival, which includes musical acts, artists, Italian cooking competitions and even pizza tossing demonstrations. Memphis in May is a number of events spanning the month of May that puts on display Memphis’ best. Included in this wonderful festival are great events like the Beale Street Music Festival and The World Championship Barbecue Cooking Contest - where locals can truly get their chow on with some of that true Memphis BBQ! Hungry yet?

Where are the nearby vacation spots?

The Butterfly Meadows Inn and Farm, located just three hours away in Franklin, Tennessee, offers guests the homely comforts of a country house with meadows filled with butterflies just a short walk away. Meeman-Shelby Forest State Park, the most frequently visited park in Tennessee, borders the Mississippi River and contains two different lakes as well as a museum and nature center on its grounds.

Where is the best place to move in Memphis?

The neighborhoods in Memphis can vary greatly in size, population and popularity making your options for Memphis apartments plentiful. Midtown Memphis is walkable and has plenty of shops, restaurants, schools, stores, attractions and entertainment sources available nearby. It is one of the safer areas in the city, with less crime than the Memphis average. Downtown Memphis isn’t quite as walkable and has fewer stores, but it still has numerous places to eat, drink and shop as well as the iconic Beale Street. East Memphis-Colonial-Yorkshire is a sizable neighborhood with a number of public parks and schools, several attractions and a crime rate that is lower than the city average. Hickory Ridge-South Riverdale is pricier and not as walkable as the other neighborhoods, however, its good schools and popular mall make it a desirable place to live.

Relax, Smile, and Laugh - because finding Memphis apartments for rent has never been easier. Hi, I am Trey, your Official Memphis apartment living guide. I have helped hundreds of residents find Memphis apartments for rent and I’m looking forward to helping you too! As your Memphis apartment resource I want to make your apartment shopping experience stress-free by showcasing the most apartments in Memphis, Tennessee and providing you with accurate information on each one, updated every single day. So I invite you to explore Memphis apartments below... But Apartment Home Living is about much more than helping you find the right place. It’s also about helping you love your apartment life. Let’s face it, apartment living is AWESOME! The freedom of not living on your parent’s couch or being locked into a 30 year home loan allows for so much extra time having fun, taking adventures and moving when you get that dream job offer in Paris. Living in Memphis apartments only adds to all that “awesomeness.” Attractions, excellent night-life, shopping and dining are found in every nook and cranny of Memphis. Find a little adventure with your plethora of apartment-style spare time by finding virtually any type of mischief to match your desires within a few miles from the doorstep of your Memphis apartment. Not only that, but Memphis rentals are so massively comfortable and rich with amenities themselves that your friends may be begging you to have them over for movie night, watch the game or to have a little R & R at the pool. Or heck...if you have a few days off and are feeling really ambitious, why not take advantage of that apartment living freedom and ROAD TRIP to the lake or the coast? It’s not like you have to get back in time for a second job to pay your mortgage. Right? Living in Memphis apartments helps you maximize your fun while being really efficient on your time and your cash flow. Speaking of cash flow. Because you’re saving money renting an apartment in Memphis, you’re freeing up some extra spending money to hit up the mall for that new pair of shoes you’ve been drooling over or that superb surround-sound system to give movie night that true theatrical experience. (Remember to be neighbor considerate!) Or...put that extra time and money into decorating your place the coolest way possible! Consider yourself an artist and your apartment a blank canvas and go to town. By the way, Trey posters are available for just $19.95. Proceeds might go to a good cause. Wink, wink. Nudge, nudge. All the benefits of apartment living let you live how you want to live, play how you want to play and do what you truly want to do. So what are you waiting for? Take it from me, your lifestyle in Memphis apartments will rock the house...er...apartment, so I invite you to explore Memphis apartment living by finding your new home in one of the many awesome Memphis apartments for rent and begin the adventure of the rest of your life!

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Memphis

What is the current pricing and availability for apartments for rent in Memphis, TN?

As of today, September 02, 2026, there are currently 1,971 available Memphis apartments priced from $450 to $9,808, with an average monthly rent of $1,256.

What Memphis neighborhoods have the most available apartments?

There are 98 neighborhoods in the Memphis area with available listings as of today. The three neighborhoods with the most options are Annesdale Park with 1,000 listings, Peabody with 897 listings, and East Memphis with 1,178 listings.

How much are Studio apartments in Memphis?

There are currently 627 Studio Apartments in Memphis with rent ranges from $547 to $7,985 with an average price of $1,068.

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 $450 to $3,466 with an average monthly rent of $1,126.

What does renting a Two Bedroom Apartment in Memphis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $562 to $5,158. Today's average rental price for Two Bedrooms here is $1,252.

How expensive are Memphis Three Bedroom Apartments?

There are currently 437 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $829 to $4,109 - averaging $1,642 for the location.

Expert Rental Resources

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.

Helpful Local Expert Guides

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Written by: Joshua Carlucci

Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

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The Local Memphis Expert's Guide to Renting Near the Citys Top Employers

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I'm Josh, your ApartmentHomeLiving.

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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.