
Luxury Apartments for Rent in Memphis, TN (84 Rentals)
The most luxurious Apartments in Memphis with high-end amenities, features, and finishes.


Indigo Riverview

The Nova Apartments

The District Apartments

The Stella Apartments

The Chisca

Iris Luxury Apartments

MAA Southwind

Harbor Side at Conwood Flats Apartments

Fielder Square
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 Franklin

The Rise Apartments

MAA Kirby Station

The Birches Apartment Homes

Link Apartments® Broad Ave

The Landing Residences

Crescent at Wolfchase Apartment Homes

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Riverset Apartments

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The Marine Residence

The Preserve at Forest Creek
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.

Waterford Place Apartment Homes

The Citizen Apartments

Belle Harbour Apartments

Metro67

Highland Row

City Place at Germantown Apartments

Parkview Apartments

Arbors River Oaks Apartments

Miller Creek at Germantown Apartments

Arbors Harbor Town
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.

The Oliver Luxury Apartments

Grand Island Apartments

The Estates at River Pointe

Bristol On Union Apartment Homes

30 N Auburndale St, Unit SI ID1339976P

3570 Spottswood Ave

Madison Shelby Farms

Parcels at Concourse

RiverLofts @ 460 Tennessee

MAA Park Estate
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.

Harbor Island Apartments

Town Village Audubon Park

Carolina Terrace

Enclave at Wolfchase

The Vale Apartments and Townhomes

Preserve at Bartlett

Stonebridge Crossing Apartments

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Cordova Creek

Springs at Colonial

MAA Dexter Lake
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Luxury Studio Apartments | $1,042 | $547 | $7,985 |
| Memphis Luxury 1 Bedroom Apartments | $1,151 | $525 | $2,861 |
| Memphis Luxury 2 Bedroom Apartments | $1,287 | $550 | $4,900 |
| Memphis Luxury 3 Bedroom Apartments | $1,706 | $715 | $6,975 |
| Memphis Luxury 4 Bedroom Apartments | $1,426 | $640 | $2,690 |
Browse Top Apartments in Memphis
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Memphis, TN Local Guide

- Memphis Neighborhoods
- Nearby Cities
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
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.
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!
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 636 Studio Apartments in Memphis with rent ranges from $547 to $7,985 with an average price of $1,042.
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 $525 to $2,861 with an average monthly rent of $1,151.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $550 to $4,900. Today's average rental price for Two Bedrooms here is $1,287.
How expensive are Memphis Three Bedroom Apartments?
There are currently 386 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $715 to $6,975 - averaging $1,706 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.
Articles, How-To's, and Tips

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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.