New Apartments for Rent in Memphis, TN Under $3,800 (79 Rentals)

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The Rise Apartments
$1,385 - $6,219
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Total Monthly Price

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$1,385 - $6,219
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Built in 2020Studio to 2 Bedroom Apartments Available Now

The Rise Apartments

420 Monroe AveMemphis, TN 38103
Family Friendly
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  • Customer Reviewed
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Orleans Station
Rent Specials
$1,403 - $2,028
Total Monthly Price

Total Monthly Price

Base Rent
$1,403 - $2,028
Total Monthly Price
$1,403 - $2,028
Built in 20221 to 2 Bedroom Apartments Available Aug 10

Orleans Station

694 Madison AveMemphis, TN 38103
Student Housing
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  • Utilities Included

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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The Landing Residences
$1,182 - $6,841
Total Monthly Price

Total Monthly Price

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$1,182 - $6,841
Total Monthly Price
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Built in 2021Studio to 2 Bedroom Apartments Available Now

The Landing Residences

1 Dr Martin Luther King Jr AveMemphis, TN 38103
Student Housing
  • Verified
  • Customer Reviewed
  • 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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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.

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

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Carolina Terrace
Built in 20233 to 4 Bedroom Apartments

Carolina Terrace

699 Meditation LnMemphis, TN 38103
Corporate Housing
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Patterson Flats
Built in 20181 to 3 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
  • Utilities Included
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Central Lofts
Built in 20251 to 2 Bedroom Apartments

Central Lofts

300 S Hollywood StMemphis, TN 38104
Student Housing
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Madison Lofts
Built in 20231 to 2 Bedroom Apartments

Madison Lofts

2041 Madison AveMemphis, TN 38104
Corporate Housing
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Parcels at Concourse
Built in 2016Studio to 3 Bedroom Apartments

Parcels at Concourse

1350 Concourse AveMemphis, TN 38104
Corporate Housing
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99 Front Apartments
Built in 2022Studio to 2 Bedroom Apartments

99 Front Apartments

99 S Front StMemphis, TN 38103

The Local Memphis Expert's Guide to Renting Near the City's Top Employers

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.

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Memphis, TN Local Guide

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From 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.

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

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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 The Nine at Memphis listed at $599.

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

The average rent for a New Apartment in Memphis is $1,647.

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 $1,285 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 636 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.

Helpful Local Expert Guides

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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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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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The Local Memphis Experts Guide to Renting Near the Citys Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

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Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City

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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.