Studio Apartments for Rent in Memphis, TN (646 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 Oliver Luxury Apartments
Rent Specials
$1,285
Total Monthly Price

Total Monthly Price

Base Rent
$1,063 - $5,768
Required Monthly Fees
$132
Total Monthly Price
$1,195 - $5,900
Studio Apartments Available Apr 17

The Oliver Luxury Apartments

7 Vance AveMemphis, TN 38103
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Landing Residences
Rent Specials
$1,073 - $1,913
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $6,234
Required Monthly Fees
$58
Total Monthly Price
$1,073 - $6,292
Studio Apartments Available Now

The Landing Residences

1 Dr Martin Luther King Jr AveMemphis, TN 38103
Student Housing
  • Verified
  • 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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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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Metro67
Rent Specials
$1,296
Total Monthly Price

Total Monthly Price

Base Rent
$996 - $3,089
Required Monthly Fees
$300
Total Monthly Price
$1,296 - $3,389
Studio Apartments Available Mar 21

Metro67

67 Madison AveMemphis, TN 38103
Furnished
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  • Customer Reviewed
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Cherokee Arms
$890 - $900
Total Monthly Price

Total Monthly Price

Base Rent
$830 - $840
Required Monthly Fees
$60
Total Monthly Price
$890 - $900
Studio Apartments Available Now

Cherokee Arms

1508 Madison AveMemphis, TN 38104
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

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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: February 21, 2026

There are currently 2060 available Studio apartment units from neighborhoods all over Memphis, TN that range in price from $547 to $7,990. Victorian Village, Winchester Park 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
Victorian Village114$999$560
Winchester Park114$999$560
Annesdale Park110$974$560
Uptown Memphis102$999$725
South Bluff83$999$560
Medical District76$925$560
North Memphis76$999$560
Peabody71$925$725
Southeast Memphis69$849$547
Crump Linden62$999$560

Largest Available Memphis Studio Apartments

The largest available Studio apartment unit in Memphis, TN is found at Edison Park in the Medical District neighborhood and is 1,169 square feet priced from $975. 31 S McLean Blvd in the Midtown Memphis neighborhood has the second largest Studio, which is sized at 1,000 square feet and currently listed start at $725. Here is today’s list of the largest available Studio units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
Edison ParkThree Bedroom Townhome1,169 Sq Ft$975
31 S McLean BlvdStudio1,000 Sq Ft$725
Gayoso House & Pembroke SquarePembroke Square- S7935 Sq Ft$1,325
Velo Shelby FarmsAdaggio718 Sq Ft$1,349
The ChiscaA5712 Sq Ft$1,210
Fielder SquareE4 Studio680 Sq Ft$1,069
Springs at ColonialStudio Grand Overlook662 Sq Ft$1,144
The Rise ApartmentsS1b Studio660 Sq Ft$1,385

Cheapest Available Memphis Studio Apartments

As of February 21, 2026 the lowest priced Studio apartment unit in Memphis, TN is the Eff Model starting from $547 at Emberly (NEW) in the South Memphis neighborhood. The second most affordable Memphis Studio is the Studio Model at The Residences at Lakeview starting at $581 in the Oakhaven neighborhood. The average price for all Studio apartments in Memphis is currently $1,038. Here is today’s list of the cheapest available Studio options in Memphis:

Apartment ListingModel NamePriced From
Emberly (NEW)Eff$547
The Residences at LakeviewStudio$581
Bantam Springbrook ApartmentsStudio$675
Winchester GroveThe Willow - Studio$684
31 S McLean BlvdStudio$725
Audubon Park PlaceStudio/1BA$745
Uptown Square ApartmentsStudio - Handicapped$760
Edison ParkOne Bedroom High-Rise$765
Stone Ridge at Germantown FallsStudio$790
Kimbrough Tower ApartmentsStudio 1 Bathroom$800

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 Emberly (NEW) listed at $547.

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

The average rent for a Studio Apartment in Memphis is $1,038.

What is the largest available Studio Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 1,169 square feet unit starting from $975 at Edison Park.

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

The average size for a Studio rental in Memphis is currently 531 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.