
Apartments for Rent with Specials in the Downtown Memphis Neighborhood of Memphis, TN (21 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.


Iris Luxury Apartments

Gayoso House & Pembroke Square

Conwood Flats
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 Oliver Luxury Apartments

The Landing Residences

The Tennessee Brewery

Downtown Memphis Flats

Riverset Apartments

Court Square Apartments

Fielder Square

Helix at the District

50 Peabody Place

Indigo Riverview
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.

Lofts at Union Alley

Metro67

The Chisca

628 Madison Ave

RiverLofts @ 460 Tennessee

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 | $1,313 | $560 | $4,707 |
Downtown Memphis 1 Bedroom Apartments | $1,558 | $525 | $5,728 |
Downtown Memphis 2 Bedroom Apartments | $2,105 | $795 | $7,351 |
Downtown Memphis 3 Bedroom Apartments | $2,382 | $995 | $3,373 |
Browse Apartments in this Neighborhood
There are currently 21 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: 07-22-2025Take 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!
Gayoso House & Pembroke Square
Now Offering ONE MONTH FREE! Contact our leasing team for more details. *Restrictions Apply.Expires 07-23-2025
Helix at the District
Apply today and receive UP TO one month free rentExpires 07-23-2025
Riverset Apartments
Limited time special! Ask how you can receive $750 in FREE RENT!* Restrictions may apply!Expires 07-23-2025
Metro67
Room in your apartment, and in your wallet. Up to 1-month free rent for select 2-bedroom homes. Apply now!Expires 07-23-2025
Indigo Riverview
??Move in by 7/31/25 for FREE SEPTEMBER RENT + 1/2 OFF GARAGE PARKING on a 12+ lease! ?? Call today to schedule your tour!Expires 07-23-2025
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 07-23-2025
The Tennessee Brewery
Receive 1 Month FREE on a 12 Month Lease! *terms and conditions applyExpires 07-23-2025
The Oliver Luxury Apartments
Now Offering One Month Free! Contact our leasing office for more details. Restrictions Apply*Expires 07-23-2025
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 07-23-2025
Lofts at Union Alley
Rare Vacancy and Move in Special! Get ½ month free on a long term lease!Expires 07-23-2025
Newly Listed Move-In Specials offers for Apartments in Downtown Memphis, TN
Specials updated: 07-22-2025Here 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 07-31-2025
Urban Loft Co. Memphis- Utilties Included
Call today for a tour of our all inclusive commuity. Utilities are INCLUDED!!!Expires 07-31-2025
RiverLofts @ 460 Tennessee
Free parking!Expires 09-08-2025
Gayoso House & Pembroke Square
Now Offering ONE MONTH FREE! Contact our leasing team for more details. *Restrictions Apply.Expires 07-23-2025
Helix at the District
Apply today and receive UP TO one month free rentExpires 07-23-2025
Riverset Apartments
Limited time special! Ask how you can receive $750 in FREE RENT!* Restrictions may apply!Expires 07-23-2025
Metro67
Room in your apartment, and in your wallet. Up to 1-month free rent for select 2-bedroom homes. Apply now!Expires 07-23-2025
Indigo Riverview
??Move in by 7/31/25 for FREE SEPTEMBER RENT + 1/2 OFF GARAGE PARKING on a 12+ lease! ?? Call today to schedule your tour!Expires 07-23-2025
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 07-23-2025
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 Greenlaw Apartments listed at $795.
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 $1,863.
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 $867 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 597 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.

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.

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.