Studio Apartments for Rent in Memphis, TN (653 Rentals)

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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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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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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: September 30, 2025

There are currently 1310 available Studio apartment units from neighborhoods all over Memphis, TN that range in price from $560 to $7,990. Winchester Park, Victorian Village and North Memphis 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 Park54$1,055$560
Victorian Village53$1,058$560
North Memphis52$1,002$560
Annesdale Park48$1,025$560
Peabody43$1,025$725
South Bluff42$1,075$560
Audubon Park39$581$581
Southeast Memphis39$625$567
Downtown Memphis38$1,080$560
East Memphis38$1,049$650

Largest Available Memphis Studio Apartments

The largest available Studio apartment unit in Memphis, TN is found at Gayoso House & Pembroke Square in the Downtown Memphis neighborhood and is 954 square feet priced from $1,299. Edison Park has the second largest Studio, which is sized at 720 square feet and currently listed start at $865. Here is today’s list of the largest available Studio units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
Gayoso House & Pembroke SquarePembroke Square- S11954 Sq Ft$1,299
Edison ParkTwo Bedroom High-Rise720 Sq Ft$865
Velo Shelby FarmsAdaggio718 Sq Ft$1,478
The ChiscaA5712 Sq Ft$1,210
Fielder SquareE4 Studio680 Sq Ft$1,099
Springs at ColonialStudio Grand Overlook662 Sq Ft$1,235
Exchange Building1 Bedroom Small639 Sq Ft$925
The Villas at GermantownStudio (626 SF)626 Sq Ft$1,191

Cheapest Available Memphis Studio Apartments

As of September 30, 2025 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 S1 Model at Pulse starting at $634 in the Medical District neighborhood. The average price for all Studio apartments in Memphis is currently $1,034. Here is today’s list of the cheapest available Studio options in Memphis:

Apartment ListingModel NamePriced From
The Residences at LakeviewStudio$581
PulseS1$634
SoMa 23Studio Small$650
Elite Living ResidenceStudio$650
Winchester GroveThe Willow - Studio$684
Overton PlaceStudio$725
Edison ParkOne Bedroom High-Rise$765
Stone Ridge at Germantown FallsStudio$790
Indigo RiverviewEmory$811

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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Getting Around Memphis, TN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,034.

What is the largest available Studio Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 954 square feet unit starting from $1,299 at Gayoso House & Pembroke Square.

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

The average size for a Studio rental in Memphis is currently 536 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

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Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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