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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,069 | $547 | $7,985 |
Memphis 1 Bedroom Apartments | $1,132 | $525 | $2,850 |
| Memphis 2 Bedroom Apartments | $1,261 | $562 | $5,042 |
| Memphis 3 Bedroom Apartments | $1,662 | $829 | $4,074 |
| Memphis 4 Bedroom Apartments | $1,408 | $550 | $2,560 |
There are currently 8741 available 1 Bedroom apartment units from neighborhoods all over Memphis, TN that range in price from $525 to $2,850. Southeast Memphis, Oakhaven and Hickory Ridge-South Riverdale 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:
| Neighborhood | Available Units | Median Price | Min Price |
|---|---|---|---|
| Southeast Memphis | 701 | $950 | $550 |
| Oakhaven | 446 | $850 | $625 |
| Hickory Ridge-South Riverdale | 416 | $905 | $625 |
| Southern Shelby County | 386 | $960 | $625 |
| Fox Meadows | 356 | $850 | $625 |
| Hickory Hill | 332 | $850 | $625 |
| Winchester Park | 227 | $1,186 | $525 |
| Victorian Village | 221 | $1,186 | $525 |
| Northeast Memphis | 219 | $1,135 | $685 |
| Annesdale Park | 200 | $1,100 | $525 |
The largest available 1 Bedroom apartment unit in Memphis, TN is found at Lofts at Merchant Row in the Downtown Memphis neighborhood and is 1,250 square feet priced from $1,695. The Water Tower District at Schilling Farms in the Collierville neighborhood has the second largest 1 Bedroom, which is sized at 1,247 square feet and currently listed start at $2,813. Here is today’s list of the largest available 1 Bedroom units in Memphis:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Lofts at Merchant Row | Floor Plan A | 1,250 Sq Ft | $1,695 |
| The Water Tower District at Schilling Farms | A6 | 1,247 Sq Ft | $2,813 |
| Studio Rasa | 1BR/1.0BA | 1,200 Sq Ft | $1,500 |
| Court Square Apartments | 1 BR | 1,157 Sq Ft | $1,150 |
| Downtown YMCA Lofts | 1 Beds, 1 Baths | 1,150 Sq Ft | $1,250 |
| The Bridges at Germantown Apartments | A2 | 1,146 Sq Ft | $1,449 |
| Indigo Riverview | Buffalo | 1,116 Sq Ft | $1,391 |
| South Line at Central Station | 1x1 | 755 Sq Ft | $1,330 |
| Emerald Park Apartments | 1 bedroom 1 bathroom | 713 Sq Ft | $625 |
As of August 19, 2026 the lowest priced 1 Bedroom apartment unit in Memphis, TN is the 1BR/1.0BA Model starting from $550 at 165 N Merton in the East Memphis neighborhood. The second most affordable Memphis 1 Bedroom is the 1BR/1.0BA Model at 195 Hawthrone starting at $595 . The average price for all 1 Bedroom apartments in Memphis is currently $1,132. Here is today’s list of the cheapest available 1 Bedroom options in Memphis:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 165 N Merton | 1BR/1.0BA | $550 |
| 195 Hawthrone | 1BR/1.0BA | $595 |
| Emberly Apartments | 1 Bedroom, 1 Bathroom | $598 |
| Tiger Estates | 1BR/1.0BA | $599 |
| 1111 N Parkway | 1 Beds, 1 Baths | $600 |
| Mill Creek Apartments | 1 Bedroom / 1 Bathroom | $612 |
| Emerald Park Apartments | 1 bedroom 1 bathroom | $625 |
| 288 Leath St | 1 Beds, 1 Baths | $625 |
| 2309 Warren St | 1 Beds, 1 Baths | $625 |
| Pinebrook Pointe | 1 Bedroom 1 bathroom | $626 |
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 ArticleFrom 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 ArticleThe 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.
If you’re an expert on all things Memphis, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewMemphis, 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.
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.
See the most popular apartments and homes in Memphis, TN
Currently the most affordable 1 Bedroom in Memphis is at 165 N Merton listed at $550.
The average rent for a 1 Bedroom Apartment in Memphis is $1,132.
Today's apartment with the most square footage in Memphis is a 1,250 square feet unit starting from $1,695 at Lofts at Merchant Row.
The average size for a 1 Bedroom rental in Memphis is currently 697 sq ft.
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.
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.
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Written by: Robin Stewart
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.
Written by: Robin Stewart
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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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.
Written by: Robin Stewart
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.
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