New Luxury Apartments for Rent in Memphis, TN (27 Rentals)

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The most luxurious Apartments in Memphis with high-end amenities, features, and finishes.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Parcels at Concourse
Built in 2016Studio to 3 Bedroom Apartments

Parcels at Concourse

1350 Concourse AveMemphis, TN 38104
Corporate Housing
  • Utilities Included
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Carolina Terrace
Built in 20233 to 4 Bedroom Apartments

Carolina Terrace

699 Meditation LnMemphis, TN 38103
Corporate Housing

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.

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Velo Shelby Farms
Rent Specials
$1,399 - $2,685
Total Monthly Price

Total Monthly Price

Base Rent
$1,283 - $2,569
Required Monthly Fees
$116
Total Monthly Price
$1,399 - $2,685
Built in 2021Studio to 3 Bedroom Apartments Available Now

Velo Shelby Farms

599 Velo DrCordova, TN 38018
Active Lifestyle
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  • Customer Reviewed
  • 3D Tour

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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Lakeview at Germantown
$1,799 - $3,745
Total Monthly Price

Total Monthly Price

Base Rent
$1,764 - $3,710
Required Monthly Fees
$35
Total Monthly Price
$1,799 - $3,745
Built in 20201 to 2 Bedroom Apartments Available Now

Lakeview at Germantown

7900 Wolf River BlvdGermantown, TN 38138
Senior Living
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  • Customer Reviewed
  • 3D Tour
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Forest Creek Townhomes
Rent Specials
$2,600 - $2,700
Total Monthly Price

Total Monthly Price

Base Rent
$2,535 - $2,635
Required Monthly Fees
$65
Total Monthly Price
$2,600 - $2,700
Built in 20263 Bedroom Apartments Available Now

Forest Creek Townhomes

4627 Irene Woods LnCollierville, TN 38017
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The Villages at Shelby Station
Rent Specials
$2,750 - $3,250
Total Monthly Price

Total Monthly Price

Base Rent
$2,630 - $3,130
Required Monthly Fees
$120
Total Monthly Price
$2,750 - $3,250
Built in 20243 Bedroom Apartments Available Now

The Villages at Shelby Station

10105 Shelby Station CvCollierville, TN 38017
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The Provost
Built in 20241 to 2 Bedroom Apartments

The Provost

2855 Nail Rd ESouthaven, MS 38672
Corporate Housing

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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Showing Results 1-27, Page 1 of 1

Memphis, TN Local Guide

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.

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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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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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Quick 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.

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

Explore Memphis, TN Rentals by Map

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See the most popular apartments and homes in Memphis, TN

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Frequently Asked Questions about New Memphis Apartments

What is the Cheapest New apartment in Memphis?

Currently the most affordable New Apartment in Memphis is at Bantam Springbrook Apartments listed at $675.

How much is the average rent for a New Memphis Apartment?

The average rent for a New Apartment in Memphis is $1,662.

What is the largest New Memphis Apartment for rent?

Today's New apartment with the most square footage in Memphis is a 2,295 square feet unit starting from $1,400 at The Oliver Luxury Apartments.

What is the average size for Memphis New Apartments for rent?

The average size for a New rental in Memphis is currently at 630 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.