Luxury Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (10 Rentals)

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The most luxurious Apartments in the Downtown Memphis area of Memphis with high-end amenities, features, and finishes.

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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Carolina Terrace
3 to 4 Bedroom Apartments

Carolina Terrace

699 Meditation LnMemphis, TN 38103

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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Downtown Memphis, Memphis, TN Local Guide

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 #12

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

This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States, including Memphis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Luxury Living Rating

This area of town is known as one of 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, concierge services, park access, and amenities like granite countertops, range hoods, and high-end appliances. Luxury neighborhoods also often offer tile or hardwood floors, sports like tennis and raquetball, and a full-time security staff or doorman.

Frequently Asked Questions about Downtown Memphis

How much are Studio apartments in Downtown Memphis?

There are currently 124 Studio Apartments in Downtown Memphis with rent ranges from $560 to $1,990 with an average price of $1,133.

What is the current price range for One Bedroom Downtown Memphis Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Downtown Memphis ranges from $525 to $2,400 with an average monthly rent of $1,376.

What does renting a Two Bedroom Apartment in Downtown Memphis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown Memphis range from $795 to $6,500. Today's average rental price for Two Bedrooms here is $1,902.

How expensive are Downtown Memphis Three Bedroom Apartments?

There are currently 52 Three Bedroom Apartments listings available in Downtown Memphis on ApartmentHomeLiving.com. The pricing ranges from $995 to $3,350 - averaging $2,250 for the location.

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.