1 Bedroom Apartments for Rent in Memphis, TN (854 Rentals)

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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.

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.

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The Oliver Luxury Apartments
Rent Specials
$1,195 - $2,010
Total Monthly Price

Total Monthly Price

Base Rent
$1,063 - $5,768
Required Monthly Fees
$132

Total Monthly Price
$1,195 - $5,900
1 Bedroom Apartments Available Now

The Oliver Luxury Apartments

7 Vance AveMemphis, TN 38103
Active Lifestyle
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  • Customer Reviewed
  • 3D Tour

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.

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Downtown Memphis Flats
Rent Specials
$1,050 - $1,465
Total Monthly Price

Total Monthly Price

Base Rent
$1,030 - $1,775
Required Monthly Fees
$20

Total Monthly Price
$1,050 - $1,795
1 Bedroom Apartments Contact Us For Availability

Downtown Memphis Flats

100 Gayoso AveMemphis, TN 38103
Student Housing
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  • Customer Reviewed
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Riverset Apartments
Rent Specials
$1,016 - $2,305
Total Monthly Price

Total Monthly Price

Base Rent
$980 - $2,550
Required Monthly Fees
$36

Total Monthly Price
$1,016 - $2,586
1 Bedroom Apartments Available Now

Riverset Apartments

100 Riverset LnMemphis, TN 38103
Outdoors
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  • Customer Reviewed
  • Utilities Included

Memphis, TN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Memphis 1 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: February 17, 2026

There are currently 10918 available 1 Bedroom apartment units from neighborhoods all over Memphis, TN that range in price from $485 to $3,440. Southeast Memphis, Hickory Ridge-South Riverdale and Oakhaven are the neighborhoods that currently have the most 1 Bedroom availability. Here is today's list of the top neighborhoods in Memphis with the most available 1 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Southeast Memphis744$955$598
Hickory Ridge-South Riverdale486$920$699
Oakhaven477$850$599
Fox Meadows404$850$599
Hickory Hill390$865$699
Southern Shelby County377$950$599
Winchester Park376$1,200$500
Victorian Village365$1,200$500
Uptown Memphis317$1,228$779
Downtown Memphis292$1,312$525

Largest Available Memphis 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Memphis, TN is found at The Water Tower District at Schilling Farms and is 1,263 square feet priced from $2,633. Court Square Apartments in the Downtown Memphis neighborhood has the second largest 1 Bedroom, which is sized at 1,157 square feet and currently listed start at $1,595. Here is today’s list of the largest available 1 Bedroom units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
The Water Tower District at Schilling FarmsA5A1,263 Sq Ft$2,633
Court Square Apartments1 BR1,157 Sq Ft$1,595
The Bridges at Germantown ApartmentsA21,146 Sq Ft$1,589
Parcels at ConcourseKismet 91,135 Sq Ft$1,796
The Landings at Houston LeveeThe Cordelle - 1x11,132 Sq Ft$910
South Line at Central Station1x1755 Sq Ft$1,320
Emerald Park1 bedroom 1 bathroom713 Sq Ft$699

Cheapest Available Memphis 1 Bedroom Apartments

As of February 17, 2026 the lowest priced 1 Bedroom apartment unit in Memphis, TN is the 1 Bed, 1 bath Model starting from $485 at Redwood Estates Mobile Home Community in the Frayser neighborhood. The second most affordable Memphis 1 Bedroom is the 1BR/1.0BA Model at 165 N Merton starting at $550 in the East Memphis neighborhood. The average price for all 1 Bedroom apartments in Memphis is currently $1,154. Here is today’s list of the cheapest available 1 Bedroom options in Memphis:

Apartment ListingModel NamePriced From
Redwood Estates Mobile Home Community1 Bed, 1 bath$485
165 N Merton1BR/1.0BA$550
El Dorado1 Bedroom$556
Emberly Apartments1 Bedroom, 1 Bathroom$598
Emerald Ridge1 bedroom 1 bathroom$599
Springdale Creek Apartments1 Bedroom$625
Mill Creek Apartments1 Bedroom / 1 Bathroom$626
University Gardens Manor1x1 Classic$659
The Residences at Lakeview1 Bedroom 1 Bathroom$660
Renaissance at Steele1 bedroom$660

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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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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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.

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.

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

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Frequently Asked Questions about 1 Bedroom Memphis Apartments

What is the Cheapest apartment in Memphis with 1 Bedroom?

Currently the most affordable 1 Bedroom in Memphis is at Redwood Estates Mobile Home Community listed at $485.

How much is the average rent for a 1 Bedroom Memphis Apartment?

The average rent for a 1 Bedroom Apartment in Memphis is $1,154.

What is the largest available 1 Bedroom Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 1,263 square feet unit starting from $2,633 at The Water Tower District at Schilling Farms.

What is the average size for Memphis 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Memphis is currently 857 sq ft.

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.

Articles, How-To's, and Tips

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.