Luxury Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (27 Rentals)

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

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The Landing Residences
$1,360 - $6,397
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $6,397

Total Monthly Price
$1,360 - $6,397
Studio to 2 Bedroom Apartments Available Now

The Landing Residences

1 Dr Martin Luther King Jr AveMemphis, TN 38103
Student Housing
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The Rise Apartments
$1,315 - $6,149
Total Monthly Price

Total Monthly Price

Base Rent
$1,315 - $6,149

Total Monthly Price
$1,315 - $6,149
Studio to 2 Bedroom Apartments Available Now

The Rise Apartments

420 Monroe AveMemphis, TN 38103
Family Friendly
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Lofts at Union Alley
$1,041 - $2,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,041 - $2,530

Total Monthly Price
$1,041 - $2,530
Studio to 1 Bedroom Apartments Available Now

Lofts at Union Alley

110 Barboro AlyMemphis, TN 38103
Corporate Housing
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  • Customer Reviewed
  • Utilities Included

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

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.

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Metro67
Rent Specials
$1,528 - $3,716
Total Monthly Price

Total Monthly Price

Base Rent
$1,528 - $3,716

Total Monthly Price
$1,528 - $3,716
Studio to 3 Bedroom Apartments Available Now

Metro67

67 Madison AveMemphis, TN 38103
Student Housing
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The Chisca
Rent Specials
$947 - $2,913
Total Monthly Price

Total Monthly Price

Base Rent
$947 - $2,913

Total Monthly Price
$947 - $2,913
Studio to 3 Bedroom Apartments Available Now

The Chisca

272 S Main StMemphis, TN 38103
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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.

property at 125 E Ge Patterson Ave

$3,000

Total Monthly Price

Total Monthly Price

Base Rent
$3,000

Total Monthly Price
$3,000

2 Bedroom, 2 Bath Townhome for Rent

Available Now

The Local Memphis Expert's Guide to Renting Near the City's Top Employers

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.

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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Carolina Terrace
3 to 4 Bedroom Apartments

Carolina Terrace

699 Meditation LnMemphis, TN 38103
Corporate Housing

Downtown Memphis, Memphis, TN Local Guide

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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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

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 102 Studio Apartments in Downtown Memphis with rent ranges from $560 to $1,636 with an average price of $1,135.

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 $2,404 with an average monthly rent of $1,284.

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 $750 to $5,042. Today's average rental price for Two Bedrooms here is $1,779.

How expensive are Downtown Memphis Three Bedroom Apartments?

There are currently 41 Three Bedroom Apartments listings available in Downtown Memphis on ApartmentHomeLiving.com. The pricing ranges from $995 to $3,300 - averaging $2,306 for the location.

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.

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

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