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Rent Specials
$999 - $1,700Special Offer
1 Month Free We want you to live here! Call to schedule your tour today!
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South Junction Apartments
9 E Carolina AveMemphis, TN 38103
Apartments for Rent with Specials in the Downtown Memphis Neighborhood of Memphis, TN (23 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
$1,140 - $3,300Special Offer
1 Month Free Apply Within 48 Hours of Your First Tour and Receive: Your First Full Month Rent FREE! ~PLUS~ Pay NO Administrative Fee Half Of
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Harbor Side at Conwood Flats Apartments
645 N Front StMemphis, TN 38107
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Rent Specials
$1,100 - $2,010Special 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
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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
$956 - $2,339Special Offer
Specials Move-In by March 31st and Receive $500 Off Rent Your First Full Month! *Special may apply to select apartment homes, lease terms, a
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Iris Luxury Apartments
810 Washington AveMemphis, TN 38105
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Rent Specials
$1,285 - $3,440
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,153 - $3,308
Required Monthly Fees
$132
Total Monthly Price
$1,285 - $3,440
The Oliver Luxury Apartments
7 Vance AveMemphis, TN 38103
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Rent Specials
$1,073 - $6,253
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,015 - $6,195
Required Monthly Fees
$58
Total Monthly Price
$1,073 - $6,253
The Landing Residences
1 Dr Martin Luther King Jr 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
$1,299 - $2,175Special 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
$1,091 - $5,286Special Offer
Specials 2 MONTH FREE RENT!!!* Call for details!
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The Rise Apartments
420 Monroe AveMemphis, TN 38103
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Rent Specials
$1,049 - $2,212Special 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
$1,175 - $1,650
Total Monthly Price
1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,155 - $1,630
Required Monthly Fees
$20
Total Monthly Price
$1,175 - $1,650
Downtown Memphis Flats
100 Gayoso AveMemphis, TN 38103
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Rent Specials
$1,151 - $2,816
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,115 - $2,780
Required Monthly Fees
Varies
Total Monthly Price
Varies
Riverset Apartments
100 Riverset LnMemphis, TN 38103
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Rent Specials
$1,263 - $1,363Special 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
$920 - $1,720Special Offer
Specials Limited Time! Waive the admin fee with code: MARCHFREE
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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
$1,299 - $3,553
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$999 - $3,253
Required Monthly Fees
$300
Total Monthly Price
$1,299 - $3,553
Metro67
67 Madison AveMemphis, TN 38103
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Rent Specials
$822 - $2,811Special Offer
Specials Online Leasing Promo Code: #LOOKANDLEASE - Look and lease today for a FREE admin fee! - $250.00 off
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Fielder Square
70 S 4th StMemphis, TN 38103
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Rent Specials
$860 - $1,070Special Offer
Specials $500 off first full month or $250 off first two full months Upon approval admin fee waived
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Helix at the District - Utilities Included
141 Manassas StMemphis, TN 38105
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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
$950 - $1,050Special Offer
Specials Call for Move in Specials; Water included
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Hawthorne on Adams Apartments
685-689 Adams AveMemphis, TN 38105
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Rent Specials
$999 - $1,300Special Offer
Specials NEW RATES!!! Move in NOW
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Number 10 Main Apartments
10 S Main StMemphis, TN 38103
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Rent Specials
$1,000 - $1,750Special Offer
2 Months Free Limited availability!!! Call or come by for a tour for your free rent!
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266 Lofts
266 S Front StMemphis, TN 38103
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
$525 - $1,050Special Offer
Specials Call for our special Spring rates!
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Edison Park
567 Jefferson AveMemphis, TN 38105
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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
Showing Results 1-23, 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 | $1,087 | $560 | $1,710 |
| Downtown Memphis 1 Bedroom Apartments | $1,317 | $525 | $2,197 |
| Downtown Memphis 2 Bedroom Apartments | $1,805 | $750 | $4,900 |
| Downtown Memphis 3 Bedroom Apartments | $2,329 | $995 | $3,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 23 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
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Top Memphis Apartments in the Downtown Memphis Area with Move-In Specials Ending Soon
Specials updated: 03-22-2026Take 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!
Helix at the District - Utilities Included
$500 off first full month or $250 off first two full months Upon approval admin fee waivedExpires 03-22-2026
The Landing Residences
Lease by 3/25/26 to receive this premier offer on select apts*: FREE prorated rent $350 credit on app/admin fees (applied at M/I) Select apts: S2, A1, A2, B2, B3, B3a Valid on 1315mo terms Enjoy upscale finishes, resort-style amenities, & riverfront views in the heart of Downtown. *Subject to availability; pricing may change any time. Prorated rent credit applied on M/I day.Expires 03-22-2026
50 Peabody Place
Now Offering ONE MONTH FREE! Contact our leasing team for more details. *Restrictions Apply.Expires 03-22-2026
Lofts at Union Alley
Limited Time! Waive the admin fee with code: MARCHFREEExpires 03-22-2026
Harbor Side at Conwood Flats Apartments
Apply Within 48 Hours of Your First Tour and Receive: Your First Full Month Rent FREE! ~PLUS~ Pay NO Administrative Fee Half Off Deposit 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 03-22-2026
Metro67
Spring Forward into 1 Month FREE!Expires 03-22-2026
Edison Park
Call for our special Spring rates!Expires 03-22-2026
Fielder Square
Online Leasing Promo Code: #LOOKANDLEASE - Look and lease today for a FREE admin fee! - $250.00 offExpires 03-22-2026
Riverset Apartments
Limited time special! Ask how you can receive 2 MONTHS' FREE RENT!* Restrictions may apply! Minimum lease term applies. Other costs and fees excluded.Expires 03-22-2026
Gayoso House & Pembroke Square
Now Offering ONE MONTH FREE! Contact our leasing team for more details. *Restrictions Apply.Expires 03-22-2026
Newly Listed Move-In Specials offers for Apartments in Downtown Memphis, TN
Specials updated: 03-22-2026Here 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.
Hawthorne on Adams Apartments
Call for Move in Specials; Water includedExpires 03-31-2026
266 Lofts
Limited availability!!! Call or come by for a tour for your free rent!Expires 03-31-2026
South Junction Apartments
We want you to live here! Call to schedule your tour today!Expires 03-31-2026
Number 10 Main Apartments
NEW RATES!!! Move in NOWExpires 03-31-2026
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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!
Read ArticleDon'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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Pet Friendly LifestyleDowntown Memphis, Memphis, TN
Ranked #16
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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 Edison Park listed at $525.
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 $1,717.
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 569 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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.