1 Bedroom Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (128 Rentals)

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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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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Metro67
Rent Specials
$1,491 - $1,926
Total Monthly Price

Total Monthly Price

Base Rent
$1,426 - $3,585
Total Monthly Price
$1,426 - $3,585
1 Bedroom Apartments Available Now

Metro67

67 Madison AveMemphis, TN 38103
Student Housing
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  • Customer Reviewed
  • 3D Tour

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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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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Exchange Building
1 Bedroom Apartments

Exchange Building

9 N 2nd StMemphis, TN 38103
Furnished
  • Utilities Included
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State Place at South End
1 Bedroom Apartments

State Place at South End

665 Tennessee StMemphis, TN 38103
Furnished
  • Utilities Included
  • Smoke Free
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Nettleton Condos
1 Bedroom Apartments

Nettleton Condos

435 S Front StMemphis, TN 38103
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Chickasaw Bluffs
1 Bedroom Apartments

Chickasaw Bluffs

383 Tennessee StMemphis, TN 38103

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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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 Lofts at Merchant Row and is listed at 1,250 square feet priced from $1,695. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Lofts at Merchant RowFloor Plan A1,250 Sq Ft$1,695
Metro67Soho 71,158 Sq Ft$2,080
Court Square Apartments1 BR1,157 Sq Ft$1,595
Indigo RiverviewBuffalo1,116 Sq Ft$1,307
Fielder SquareB4 One Bedroom w/ Study1,055 Sq Ft$1,337
628 Madison Ave1 bd / 1 ba1,000 Sq Ft$1,100
Gayoso House & Pembroke SquarePembroke Square- A6.2976 Sq Ft$1,635
The ChiscaA8953 Sq Ft$1,477
South Bluffs Apartments945945 Sq Ft$1,460
South Line at Central Station1x1755 Sq Ft$1,330

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 $1,368. 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
The ChiscaA1r$927
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)$950
Forum Flats1-C Type B-60%$955
Uptown Flats1-B$955
Museum LoftsThe Stax$1,000
266 LoftsA1 Phase II$1,000

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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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 #17

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 $1,368.

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 $1,695 at Lofts at Merchant Row.

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 715 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

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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.