1 Bedroom Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (134 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

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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Downtown Memphis, Memphis, TN Local Guide

Largest Available Downtown Memphis 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in the Downtown Memphis area of Memphis, TN is found at Metro67 and is listed at 1,158 square feet priced from $2,114. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Metro67Soho 71,158 Sq Ft$2,114
Court Square Apartments1 BR1,157 Sq Ft$1,595
Printer's Alley LoftsPAL-A81,064 Sq Ft$1,199
Fielder SquareB4 One Bedroom w/ Study1,037 Sq Ft$1,647
628 Madison Ave1 bd / 1 ba1,000 Sq Ft$1,100
Gayoso House & Pembroke SquarePembroke Square- A3994 Sq Ft$1,703
The WashburnWAS-A9975 Sq Ft$1,220
The ChiscaA8953 Sq Ft$1,477
Lofts at Merchant RowFloor Plan D950 Sq Ft$1,200
South Line at Central Station1x1755 Sq Ft$1,320

Cheapest Available Downtown Memphis 1 Bedroom Apartments

Currently the lowest priced 1 Bedroom apartment unit Downtown Memphis of Memphis, TN is the 1 Bed Flat Model starting from $760 at Owens Place Townhomes. The average price for all 1 Bedroom apartments in Downtown Memphis is currently $1,325. Here is today’s list of the cheapest available 1 Bedroom options in the area:

Apartment ListingModel NamePriced From
Owens Place Townhomes1 Bed Flat$760
Crescent Bluff11A50$784
Uptown Square Apartments1 Bedroom - Subter - Handicapped$805
Helix at the District - Utilities Included1 Bedroom 1 Bathroom$860
Printer's Alley LoftsPAL-A2$900
Exchange Building1 Bedroom Medium$925
The ChiscaA1r$927
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)$950
Hawthorne on Adams ApartmentsHawthorne$950
Forum Flats1-C Type B-60%$953

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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Pet Friendly Lifestyle
Downtown Memphis, Memphis, TN

Ranked #15

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Tennessee, including Memphis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about 1 Bedroom Downtown Memphis Apartments

What is the Cheapest apartment in Downtown Memphis with 1 Bedroom?

Currently the most affordable 1 Bedroom in Downtown Memphis is at Owens Place Townhomes listed at $760.

How much is the average rent for a 1 Bedroom Downtown Memphis Apartment?

The average rent for a 1 Bedroom Apartment in Downtown Memphis is $1,325.

What is the largest available 1 Bedroom Downtown Memphis Apartment for rent?

Today's apartment with the most square footage in Downtown Memphis is a 1,158 square feet unit starting from $2,114 at Metro67.

What is the average size for Downtown Memphis 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Downtown Memphis is currently 860 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

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character article

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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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.

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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.