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Rent Specials
$1,100 - $2,110Special Offer
1 Month Free Now Offering ONE MONTH FREE! Contact our leasing team for more details. *Restrictions Apply.
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Gayoso House & Pembroke Square
130 S Front StMemphis, TN 38103
Apartments for Rent with Specials in the Downtown Memphis Neighborhood of Memphis, TN (22 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.
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Rent Specials
$839 - $1,681Special Offer
1 Month Free Get lower rates on studios - don't miss out! One month free on a 12+ lease plus much more! Look and lease within 24 hours and g
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Indigo Riverview
99 N Main StMemphis, TN 38103
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Rent Specials
$1,350 - $1,975Special Offer
Specials What a special we offer for our preferred employers! Call today about it!
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Orleans Station
694 Madison AveMemphis, TN 38103
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Rent Specials
$1,285 - $5,900Special Offer
2 Months Free Now Offering Two Months Free! Contact our leasing office for more details. Restrictions Apply*
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The Oliver Luxury Apartments
7 Vance AveMemphis, TN 38103
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Rent Specials
$939 - $7,284Special Offer
Specials For a VERY limited time, new residents who lease & move in by 1/31 will receive: Complimentary prorated rent for January Up to 1 fu
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The Landing Residences
1 Dr Martin Luther King Jr AveMemphis, TN 38103
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Rent Specials
$1,550 - $2,095Special Offer
1 Month Free We are offering REDUCED RATES plus giving you 1 Month FREE on SELECTED Apartments! Contact the leasing office for more details!
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Court Square Apartments
62 N Main StMemphis, TN 38103
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Rent Specials
$1,155 - $5,774Special Offer
Specials MARCH RENT IS FREE!* See leasing for details.
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The Rise Apartments
420 Monroe AveMemphis, TN 38103
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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Rent Specials
$1,075 - $2,380Special Offer
Specials Limited time special! Ask how you can receive 1.5 MONTHS' FREE RENT!* Restrictions may apply! Minimum lease term applies. Other cos
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Riverset Apartments
100 Riverset LnMemphis, TN 38103
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Rent Specials
$975 - $1,700Special Offer
1 Month Free Move-In Within 48 Hours of Your Tour and Recieve Your First Full Month RENT FREE! ~ PLUS ~ No Admin Fee ($150 Savings) Reduced
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Conwood Flats Apartment Homes
711 N Front StMemphis, TN 38107
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Rent Specials
$1,050 - $1,795Special Offer
Specials Move in with us today at Downtown Flats and take advantage of these amazing rates! Call today for details! LOOK AND LEASE SPECIAL!:
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Downtown Memphis Flats
100 Gayoso AveMemphis, TN 38103
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Rent Specials
$1,065 - $2,083Special Offer
Specials Reduced Rates on Select Units! *Special may apply to select apartment homes, lease terms, and move-in dates. Preferred Employer di
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The Tennessee Brewery Apartments
495 Tennessee StMemphis, TN 38103
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Rent Specials
$1,150 - $1,408Special Offer
1 Month Free Now Offering ONE MONTH FREE! Contact our leasing team for more details. *Restrictions Apply.
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50 Peabody Place
50 Peabody PlMemphis, TN 38103
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Rent Specials
$1,140 - $3,300Special Offer
1 Month Free Move-In Within 48 Hours of Your Tour and Recieve Your First Full Month RENT FREE! ~ PLUS ~ No Admin Fee ($150 Savings) Reduced
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Harbor Side at Conwood Flats Apartments
645 N Front StMemphis, TN 38107
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Rent Specials
$972 - $1,990Special Offer
Specials Rare Vacancy and Move in Special! Get ½ month free on a long term lease!
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Lofts at Union Alley
110 Barboro AlyMemphis, 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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Rent Specials
$927 - $2,893Special Offer
Specials Call today to come and tour your beautiful new home for 2026!!!
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The Chisca
272 S Main StMemphis, TN 38103
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Rent Specials
$1,449 - $2,879Special Offer
Specials Move-In by January 31st and Pay NO RENT Until March! *Special may apply to select apartment homes, lease terms, and move-in dates.
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Grand Island Apartments
300 Grand Island DrMemphis, TN 38103
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Rent Specials
$860 - $1,800Special Offer
Specials January Move-in Special - half off first full month and second full month's rent!!; Move-in by January 31st and receive half off fi
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Helix at the District - Utilities Included
141 Manassas StMemphis, TN 38105
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Rent Specials
$954 - $2,821Special Offer
1 Month Free Start the New Year out right.. The next five applicants will receive their first full month free with a 13-month or longer leas
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Fielder Square
70 S 4th StMemphis, TN 38103
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Rent Specials
$1,100 - $1,525Special Offer
Specials 2 and 1/2 MONTH'S FREE! or $0 RENT UNTIL APRIL 2026! Move in NOW
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266 Lofts
266 S Front StMemphis, TN 38103
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Rent Specials
$1,599 - $1,999Special Offer
Specials 2 and 1/2 MONTH'S FREE! or $0 RENT UNTIL APRIL 2026! Move in NOW
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Number 10 Main
10 S Main StMemphis, TN 38103
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Rent Specials
$750 - $795Special Offer
Specials 1/2 off 1st months rent
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Greenlaw Apartments
267 Greenlaw AveMemphis, TN 38105
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.
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Rent Specials
$925 - $1,275Special Offer
Specials Rare Vacancy! Come lease at the historic Exchange Building. Lowest rents in town! Call for more information.
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Exchange Building
9 N 2nd StMemphis, TN 38103
Showing Results 1-22, Page 1 of 1
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 | $1,075 | $560 | $1,990 |
| Downtown Memphis 1 Bedroom Apartments | $1,325 | $525 | $2,248 |
| Downtown Memphis 2 Bedroom Apartments | $1,810 | $750 | $5,900 |
| Downtown Memphis 3 Bedroom Apartments | $2,259 | $995 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 1 mile radius of the Downtown Memphis Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Downtown Memphis, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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Top Memphis Apartments in the Downtown Memphis Area with Move-In Specials Ending Soon
Specials updated: 01-27-2026Take 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!
The Oliver Luxury Apartments
Now Offering Two Months Free! Contact our leasing office for more details. Restrictions Apply*Expires 01-28-2026
Riverset Apartments
Limited time special! Ask how you can receive 1.5 MONTHS' FREE RENT!* Restrictions may apply! Minimum lease term applies. Other costs and fees excluded.Expires 01-28-2026
Conwood Flats Apartment Homes
Move-In Within 48 Hours of Your Tour and Recieve Your First Full Month RENT FREE! ~ PLUS ~ No Admin Fee ($150 Savings) Reduced Security Deposit ($150 Savings with Approved Credit) *Special may apply to select apartment homes, lease terms, and move-in dates. Preferred Employer discounts may not be combined with other specials.Expires 01-28-2026
The Landing Residences
For a VERY limited time, new residents who lease & move in by 1/31 will receive: Complimentary prorated rent for January Up to 1 full month of free rent on select apts $350 credit on application and administrative fees at MI Valid on *select* floor plans - contact our leasing team for details Available with 1315 month lease terms. Availability is limited and pricing is subject to change anytime this incentive is for a *very* limited time, dont miss out on this NEW YEAR offer!Expires 01-28-2026
The Tennessee Brewery Apartments
Reduced Rates on Select Units! *Special may apply to select apartment homes, lease terms, and move-in dates. Preferred Employer discounts may not be combined with other specials.Expires 01-28-2026
Gayoso House & Pembroke Square
Now Offering ONE MONTH FREE! Contact our leasing team for more details. *Restrictions Apply.Expires 01-28-2026
The Rise Apartments
MARCH RENT IS FREE!* See leasing for details.Expires 01-28-2026
Fielder Square
Start the New Year out right.. The next five applicants will receive their first full month free with a 13-month or longer lease. Dont miss out on this limited-time savings opportunity. Act fastlimited spots available!Expires 01-28-2026
Grand Island Apartments
Move-In by January 31st and Pay NO RENT Until March! *Special may apply to select apartment homes, lease terms, and move-in dates. Preferred Employer discounts may not be combined with other specials.Expires 01-28-2026
Indigo Riverview
Get lower rates on studios - don't miss out! One month free on a 12+ lease plus much more! Look and lease within 24 hours and get approved - pay no administrative fees + up to $300 of your pro-rate. Free Parking for a year!! **Restrictions apply.**Expires 01-28-2026
Newly Listed Move-In Specials offers for Apartments in Downtown Memphis, TN
Specials updated: 01-27-2026Here 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.
Number 10 Main
2 and 1/2 MONTH'S FREE! or $0 RENT UNTIL APRIL 2026! Move in NOWExpires 01-31-2026
266 Lofts
2 and 1/2 MONTH'S FREE! or $0 RENT UNTIL APRIL 2026! Move in NOWExpires 01-31-2026
The Oliver Luxury Apartments
Now Offering Two Months Free! Contact our leasing office for more details. Restrictions Apply*Expires 01-28-2026
Riverset Apartments
Limited time special! Ask how you can receive 1.5 MONTHS' FREE RENT!* Restrictions may apply! Minimum lease term applies. Other costs and fees excluded.Expires 01-28-2026
Conwood Flats Apartment Homes
Move-In Within 48 Hours of Your Tour and Recieve Your First Full Month RENT FREE! ~ PLUS ~ No Admin Fee ($150 Savings) Reduced Security Deposit ($150 Savings with Approved Credit) *Special may apply to select apartment homes, lease terms, and move-in dates. Preferred Employer discounts may not be combined with other specials.Expires 01-28-2026
The Landing Residences
For a VERY limited time, new residents who lease & move in by 1/31 will receive: Complimentary prorated rent for January Up to 1 full month of free rent on select apts $350 credit on application and administrative fees at MI Valid on *select* floor plans - contact our leasing team for details Available with 1315 month lease terms. Availability is limited and pricing is subject to change anytime this incentive is for a *very* limited time, dont miss out on this NEW YEAR offer!Expires 01-28-2026
The Tennessee Brewery Apartments
Reduced Rates on Select Units! *Special may apply to select apartment homes, lease terms, and move-in dates. Preferred Employer discounts may not be combined with other specials.Expires 01-28-2026
Gayoso House & Pembroke Square
Now Offering ONE MONTH FREE! Contact our leasing team for more details. *Restrictions Apply.Expires 01-28-2026
The Rise Apartments
MARCH RENT IS FREE!* See leasing for details.Expires 01-28-2026
Fielder Square
Start the New Year out right.. The next five applicants will receive their first full month free with a 13-month or longer lease. Dont miss out on this limited-time savings opportunity. Act fastlimited spots available!Expires 01-28-2026
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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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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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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If you’re an expert on all things Downtown Memphis, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown Memphis, Memphis, TN
Ranked #15
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 Greenlaw Apartments 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 $1,803.
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 2,822 square feet unit starting from $839 at Indigo Riverview.
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 611 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
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.