1 Bedroom Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (136 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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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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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 Number 10 Main and is listed at 1,250 square feet priced from $1,299. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Number 10 MainNTM-W11,250 Sq Ft$1,299
Metro67Soho 71,158 Sq Ft$2,054
RiverLofts @ 460 TennesseeRiverLoft 1BR1,100 Sq Ft$1,650
The WashburnWAS-A111,078 Sq Ft$1,200
Court Square Apartments1 BR1,076 Sq Ft$1,550
Lofts at Union AlleyA61,065 Sq Ft$1,568
Fielder SquareB4 One Bedroom w/ Study1,055 Sq Ft$1,371
Belle Harbour ApartmentsA41,031 Sq Ft$1,900
628 Madison Ave1 bd / 1 ba1,000 Sq Ft$1,100
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 $1,371. 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
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat$850
Hawthorne on Adams ApartmentsHawthorne$850
Helix at the District1S$860
Printer's Alley LoftsPAL-A2$900
Exchange Building1 Bedroom Medium$925
The ChiscaA1r$927
Uptown Square Apartments1 Bedroom - Urban$930
South Main Artspace Lofts1 Bed, 1 bath$950

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #11

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

Pet Friendliness Lifestyle Score

4.0
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 $1,371.

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 1,250 square feet unit starting from $1,299 at Number 10 Main.

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 568 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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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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.