
Apartments for Rent in Memphis, TN (1,864 Rentals)


South Junction Apartments

Arbors of Century Center

Century Apartments

The Wyndham Apartments

Centennial Gardens

Indigo Riverview

Canterbury Woods Apartments

Gayoso House

Crescent at Wolfchase Apartment Homes
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.

240 Flats

Harbor Side at Conwood Flats Apartments

Greenbrook at Shelby Farms

Azure Place Apartments

Fieldstone

Landings At Winchester

The Trails at Mt. Moriah

Uptown Square Apartments

The Residences at Lakeview

Orleans Station
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

Link Apartments® Broad Ave

The Melrose Midtown

Iris Luxury Apartments

Madison Midtown

The Bonsai at Central Gardens

Bristol On Union Apartment Homes

Parkview Apartments

220 South

Conwood Flats Apartment Homes

The Oliver Luxury Apartments
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.

City Place at Germantown Apartments

The Landing Residences

Studio Rasa

Tiger Estates

Greenline Apartments

The Villas at Germantown Apartments

The Citizen Apartments

The Rise Apartments

The Tennessee Brewery Apartments

South Line at Central Station
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Legacy on Lynnfield - NEWLY UPGRADED

The Courtyard at Ironworks

Edge at Lakeview

South Bluffs Apartments

Fairfax Manor Townhomes

The Roxbury

Total Monthly Price
Riverset Apartments

Waterford Place Apartment Homes

MAA Southwind

Southern Grove
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,045 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,167 | $450 | $2,842 |
| Memphis 2 Bedroom Apartments | $1,280 | $600 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,705 | $650 | $4,007 |
| Memphis 4 Bedroom Apartments | $1,384 | $640 | $3,500 |
Browse Top Apartments in Memphis
Explore Memphis

Memphis, TN Local Guide

- Memphis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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.
Read Article18 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.
Read ArticleCollege 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!
Read ArticleReal 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.
Read ArticleQuick 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, TN Rentals by Map
See the most popular apartments and homes in Memphis, TN
Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 632 Studio Apartments in Memphis with rent ranges from $547 to $7,985 with an average price of $1,045.
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 $2,842 with an average monthly rent of $1,167.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $600 to $5,900. Today's average rental price for Two Bedrooms here is $1,280.
How expensive are Memphis Three Bedroom Apartments?
There are currently 391 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $650 to $4,007 - averaging $1,705 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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.