Studio Apartments for Rent in Memphis, TN (649 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.

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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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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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Navigating the Rental Market: Tips for First-Time Renters

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Memphis, TN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Memphis Studio Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: January 07, 2026

There are currently 1287 available Studio apartment units from neighborhoods all over Memphis, TN that range in price from $560 to $1,888. Winchester Park, Victorian Village and Annesdale Park are the neighborhoods that currently have the most Studio availability. Here is today's list of the top neighborhoods in Memphis with the most available Studio apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Winchester Park66$999$560
Victorian Village65$999$560
Annesdale Park61$954$560
South Bluff59$999$560
Downtown Memphis51$1,073$560
North Memphis50$999$560
St Jude49$1,071$560
Mid-Second44$1,065$560
Downtown Riverside41$1,129$799
Riverwalk40$1,125$799

Largest Available Memphis Studio Apartments

The largest available Studio apartment unit in Memphis, TN is found at 31 S McLean Blvd in the East Memphis neighborhood and is 1,000 square feet priced from $725. Gayoso House & Pembroke Square in the Downtown Memphis neighborhood has the second largest Studio, which is sized at 954 square feet and currently listed start at $1,355. Here is today’s list of the largest available Studio units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
31 S McLean BlvdStudio1,000 Sq Ft$725
Gayoso House & Pembroke SquarePembroke Square- S11954 Sq Ft$1,355
Edison ParkTwo Bedroom Townhome903 Sq Ft$895
Pinetree Place Apartments2 Bedroom Basic Remodel850 Sq Ft$625
Velo Shelby FarmsAdaggio718 Sq Ft$1,364
The ChiscaA5712 Sq Ft$1,210
Fielder SquareE4 Studio680 Sq Ft$1,244
Springs at ColonialStudio Grand Overlook662 Sq Ft$1,285
The Rise ApartmentsS1b Studio660 Sq Ft$1,289

Cheapest Available Memphis Studio Apartments

As of January 07, 2026 the lowest priced Studio apartment unit in Memphis, TN is the Studio Model starting from $581 at The Residences at Lakeview in the Oakhaven neighborhood. The second most affordable Memphis Studio is the 2 Bedroom Basic Remodel Model at Pinetree Place Apartments starting at $625 in the South Memphis neighborhood. The average price for all Studio apartments in Memphis is currently $1,024. Here is today’s list of the cheapest available Studio options in Memphis:

Apartment ListingModel NamePriced From
The Residences at LakeviewStudio$581
Pinetree Place Apartments2 Bedroom Basic Remodel$625
Bantam Springbrook ApartmentsStudio$675
Winchester GroveThe Willow - Studio$684
RivergroveEFF$695
31 S McLean BlvdStudio$725
Overton PlaceStudio$725
Audubon Park PlaceStudio/1BA$745
Uptown Square ApartmentsStudio - Handicapped$760

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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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

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See the most popular apartments and homes in Memphis, TN

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Frequently Asked Questions about Studio Memphis Apartments

What is the Cheapest apartment in Memphis with Studio?

Currently the most affordable Studio in Memphis is at The Residences at Lakeview listed at $581.

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

The average rent for a Studio Apartment in Memphis is $1,024.

What is the largest available Studio Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 1,000 square feet unit starting from $725 at 31 S McLean Blvd.

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

The average size for a Studio rental in Memphis is currently 504 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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.