Apartments in Memphis with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.
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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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.
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments with Rent Specials | $1,040 | $547 | $1,888 |
| Memphis 1 Bedroom Apartments with Rent Specials | $1,127 | $525 | $3,318 |
| Memphis 2 Bedroom Apartments with Rent Specials | $1,258 | $550 | $4,978 |
| Memphis 3 Bedroom Apartments with Rent Specials | $1,633 | $550 | $4,109 |
| Memphis 4 Bedroom Apartments with Rent Specials | $1,091 | $550 | $8,016 |
Take advantage of these move-in and rent specials that are ending this month for top Memphis, TN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
RENT SPECIAL - Ask about our student and healthcare employees specials while on tour!! 08/07/2026–09/30/2026 Application Special: The $150 application processing fee is currently waived. Applicants pay only the $35 screening fee. 08/07/2026–08/31/2026 13-Month Lease Special: Receive a rent credit equal to 15 days of rent, applied in the second month of the lease.Expires September 30, 2026
Get up to $1265.00 off 1 bedrooms and up to $1476.00 off 2 bedrooms *Stop by for details Restrictions apply. Offer subject to change without notice.Expires September 30, 2026
Want 1 month of free rent AND a little extra to help with your move? Call the office for details on how you could get your application fee credited back when you move in!Expires September 30, 2026
MOVE IN TODAY AND ENJOY 1/2 OFF THE FIRST MONTH'S RENT!!Expires September 30, 2026
GET OCTOBER FREE WHEN YOU MOVE-IN BY 9/15 OR NOVEMBER FREE WHEN YOU MOVE-IN BY 9/30. $500 PREFERRED EMPLOYER DISCOUNT FOR SELECT EMPLOYERS IN THE MEMPHIS AREA. RESTRICTIONS APPLY; MUST MOVE IN BY 9/30/2026.Expires September 30, 2026
Ask our team team how you can move in today!Expires September 30, 2026
Call for Move in Specials; Water included AND TWO MONTH FREE RENT (*already reflected in rent)Expires September 30, 2026
Waived Application and Admin Fees!Expires September 26, 2026
* Restrictions Apply.Expires September 26, 2026
*Restrictions Apply.Expires September 26, 2026
Here are the most recently added special offers for renters looking to find the best deals on apartments in Memphis, TN. Be sure to take advantage of some of the area’s top offers.
$800 OFF Rent Special
Limited Time! One-Month Free Construction Special! ?? Come by and take advantage of this special offer—and there’s a special surprise waiting for you!
Call to hear about our discounts for military personnel!
$500 Off 2nd Month
$500 OFF MOVE IN
$99 Move-In Special on 1st Full Month
$99 Move-In Special on 1st Full Month
Move In Special
Watkins Manor is now under new management. Our team is currently in the process of working hard to get this community ready for you. We can't wait to welcome you home!
Online Leasing Promo Code: FREEAPP - Free Application Fee - $50.00 off
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 ArticleEntering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 ReviewSee the most popular apartments and homes in Memphis, TN
Currently the most affordable Rent Specials Apartment in Memphis is at Edison Park listed at $525.
The average rent for a Rent Specials Apartment in Memphis is $1,380.
Today's Rent Specials apartment with the most square footage in Memphis is a 2,822 square feet unit starting from $731 at Indigo Riverview.
The average size for a Rent Specials rental in Memphis is currently at 699 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
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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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