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.
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 |
|---|---|---|---|
| Downtown Memphis Studio Apartments | $1,107 | $560 | $1,636 |
| Downtown Memphis 1 Bedroom Apartments | $1,280 | $525 | $2,400 |
| Downtown Memphis 2 Bedroom Apartments | $1,777 | $750 | $5,096 |
| Downtown Memphis 3 Bedroom Apartments | $2,422 | $995 | $3,305 |
There are currently 293 rentals with your search options within a 1 mile radius of the Downtown Memphis Neighborhood of Memphis, TN.
See all Apartments in MemphisLearn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read ArticleTour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleWhere 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 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 Downtown Memphis, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewAmong cities in Tennessee for Apartment listings with Pet Friendly Amenities.
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Tennessee including Downtown Memphis, Memphis, and the greater Memphis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, places to raise kids, and much more. These search options are in the site filters at the top of this page.
Renting with a son or daughter (or both!)? Downtown Memphis ranks as a good residential area for families, with a score of 3.5 out of 4. Family Friendly submarkets have features that support parents and kids in having fun and being healthy together. This includes features like parks, playgrounds, extra living spaces, features for pets, recreation and A/V rooms, trails, and access to the best-regarded education and schools.
We think living with parks and green spaces is a must-have. This section of town is a highly-rated area of town for its many the great outdoors, with a score of 3.5 out of 4.
This neighborhood is amongst the finest luxury neighborhoods in town, with a score of 3.5 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, proximity to great shopping areas, views, access to parks, and nice home amenities like granite or quartz countertops and stainless steel appliances. Other luxury items often include tile or hardwood floors, tennis courts, and for some communities, even a doorman to greet residents.
This part of town has risen to be one of our favorite neighborhoods for renting with pets, with a score of 3.5 out of 4.
There are currently 101 Studio Apartments in Downtown Memphis with rent ranges from $560 to $1,636 with an average price of $1,107.
Today's rental pricing for One Bedroom Apartments in Downtown Memphis ranges from $525 to $2,400 with an average monthly rent of $1,280.
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Memphis range from $750 to $5,096. Today's average rental price for Two Bedrooms here is $1,777.
There are currently 41 Three Bedroom Apartments listings available in Downtown Memphis on ApartmentHomeLiving.com. The pricing ranges from $995 to $3,305 - averaging $2,422 for the location.
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
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: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.
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: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.
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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