
Apartments for Rent with Specials in the Downtown Memphis Neighborhood of Memphis, TN (15 Rentals)
Apartments in the Downtown Memphis area of Memphis with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


The Oliver Luxury Apartments

The Landing Residences

Court Square Apartments
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.

The Tennessee Brewery

Downtown Memphis Flats

Iris Luxury Apartments

Fielder Square

Helix at the District

Lofts at Union Alley
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.

Metro67

The Chisca

628 Madison Ave

Claridge House Condominiums

Greenlaw Apartments
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.
Downtown Memphis, Memphis, TN Local Guide

How much does it cost to rent an apartment in Downtown Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Memphis Studio Apartments | $1,294 | $560 | $4,235 |
Downtown Memphis 1 Bedroom Apartments | $1,577 | $525 | $5,568 |
Downtown Memphis 2 Bedroom Apartments | $2,080 | $795 | $6,900 |
Downtown Memphis 3 Bedroom Apartments | $2,342 | $995 | $3,355 |
Downtown Memphis 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Downtown Memphis Neighborhood of Memphis, TN.
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Downtown Memphis, Memphis, TN Local Guide
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Top Memphis Apartments in the Downtown Memphis Area with Move-In Specials Ending Soon
Specials updated: 06-03-2025Take advantage of these move-in and rent specials that are ending soon for top Downtown Memphis, TN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Helix at the District
Apply today and receive UP TO one month free rentExpires 06-03-2025
Lofts at Union Alley
Rare Vacancy and Move in Special! Get ½ month free on a long term lease!Expires 06-03-2025
Fielder Square
Get ½ OFF Your First TWO Full Months of Rent! Live in the heart of downtown Memphis with upscale amenities, walkable hot spots, and unbeatable comfort — now for HALF the price to start! Hurry — this offer won’t last long!Expires 06-03-2025
Iris Luxury Apartments
Apply today, and move-in by June 30 to receive ONE MONTH FREE! *Special applies to select apartment homes, lease terms, and move-in dates. Please contact our leasing team for more details.Expires 06-03-2025
Metro67
Room in your apartment, and in your wallet. Up to 1-month free rent for select 2-bedroom homes. Apply now!Expires 06-03-2025
The Landing Residences
LIMITED TIME OFFER! Move in NOW - Live LUXURY for LESS! Up to 1 month FREE rent, discounted parking fees, & MORE available for a *very LIMITED* time on select studio, One, & Two bedroom apartment homes. Schedule your tour TODAY before you perfect downtown apartment home goes away! Prices (including move in specials) & availability subject to change at any time; terms and conditions applyExpires 06-03-2025
The Tennessee Brewery
Receive 1 Month FREE on a 12 Month Lease! Look & Lease within 72 hours and receive an additional $500 OFF at move-in! *terms and conditions applyExpires 06-03-2025
The Oliver Luxury Apartments
Now Offering One Month Free! Contact our leasing office for more details. Restrictions Apply*Expires 06-03-2025
Conwood Flats
LEASE TODAY AND RECEIVE ONE MONTH FREE ON A 12 MONTH LEASE AND 6 MONTHS FREE PARKING! *Please visit us or contact our team for more details.Expires 06-03-2025
628 Madison Ave
Call for Availability!!! We are offering a move in special of 2nd month free!Expires 06-30-2025
Newly Listed Move-In Specials offers for Apartments in Downtown Memphis, TN
Specials updated: 06-03-2025Here are the most recently added special offers for renters looking to find the best deals on apartments in Downtown Memphis, TN. Be sure to take advantage of some of the area’s top offers.
Claridge House Condominiums
You have to ensure the house always clean and ensure everything is in accordingExpires 02-28-2026
628 Madison Ave
Call for Availability!!! We are offering a move in special of 2nd month free!Expires 06-30-2025
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.
Frequently Asked Questions about Rent Specials Downtown Memphis Apartments
What is the Cheapest Rent Specials apartment in Downtown Memphis?
Currently the most affordable Rent Specials Apartment in Downtown Memphis is at Helix at the District listed at $750.
How much is the average rent for a Rent Specials Downtown Memphis Apartment?
The average rent for a Rent Specials Apartment in Downtown Memphis is $1,866.
What is the largest Rent Specials Downtown Memphis Apartment for rent?
Today's Rent Specials apartment with the most square footage in Downtown Memphis is a 2,295 square feet unit starting from $1,285 at The Oliver Luxury Apartments.
What is the average size for Downtown Memphis Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Downtown Memphis is currently at 578 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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.