
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.


Harbor Side at Conwood Flats Apartments

Indigo Riverview

Uptown Square Apartments

Orleans Station

Iris Luxury Apartments

Conwood Flats Apartment Homes
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.

The Oliver Luxury Apartments

The Landing Residences

The Tennessee Brewery Apartments

Downtown Memphis Flats

Total Monthly Price
Riverset Apartments

Helix at the District - Utilities Included

Total Monthly Price
Metro67
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.

Fielder Square

The Chisca

Museum Lofts

Number 10 Main

266 Lofts

Edison Park

Pressbox Lofts
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.

Greenlaw Apartments

92 S Main St, Unit 102
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 | $1,103 | $560 | $1,710 |
| Downtown Memphis 1 Bedroom Apartments | $1,368 | $525 | $2,332 |
| Downtown Memphis 2 Bedroom Apartments | $1,834 | $750 | $4,700 |
| Downtown Memphis 3 Bedroom Apartments | $2,372 | $995 | $3,453 |
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: 05-06-2026Take 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!
Riverset Apartments
Limited time special! Ask how you can receive 2 MONTH'S FREE RENT!* Restrictions may apply! Minimum lease term applies. Other costs and fees excluded.Expires 05-07-2026
Helix at the District - Utilities Included
Waive Application and Administration fee upon approval. (Will be credited to account) $5oo off first two full months of rent. Must apply and move in in May.Expires 05-07-2026
Fielder Square
Online Leasing Promo Code: #LOOKANDLEASE - Look and lease today for a FREE admin fee! - $250.00 offExpires 05-07-2026
Iris Luxury Apartments
Move-In by May 15th and Receive $500 Off Rent Your First Full Month on 2 Bedroom Homes! *Special may apply to select apartment homes, lease terms, and move-in dates. Preferred Employer discounts may not be combined with other specials.Expires 05-07-2026
Metro67
Spring Forward into 1 Month FREE!Expires 05-07-2026
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 05-07-2026
Edison Park
Admin Fee Waived!Expires 05-07-2026
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 05-07-2026
The Landing Residences
Lease by 5/15/26 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, Al1, B1, B2, 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 05-07-2026
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 05-07-2026
Newly Listed Move-In Specials offers for Apartments in Downtown Memphis, TN
Specials updated: 05-06-2026Here 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
NEW RATES!!! Move in NOWExpires 05-31-2026
266 Lofts
Limited availability!!! Call or come by for a tour for your free rent!Expires 05-31-2026
Museum Lofts
1st month = $300 off 2nd month = $200 off 3rd month = $100 offExpires 05-22-2026
Pressbox Lofts
Receive your first full month for free!Expires 05-24-2026
Edison Park
Admin Fee Waived!Expires 05-07-2026
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 05-07-2026
The Oliver Luxury Apartments
Now Offering Two Months Free! Contact our leasing office for more details. Restrictions Apply*Expires 05-07-2026
Conwood Flats Apartment Homes
Look-and-Lease Special! Apply Within 48 Hours of Your First Tour and Receive: ~$150.00 Administrative Fee Waived ~$300.00 Deposit Reduced to $150.00 (With Qualified Credit) ~FREE Rent Your First Full Month **PLUS** Reduced Rates on Select Homes! *Special may apply to select apartment homes, lease terms, and move-in dates. Preferred Employer discounts may not be combined with other specials.Expires 05-07-2026
The Landing Residences
Lease by 5/15/26 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, Al1, B1, B2, 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 05-07-2026
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 05-07-2026
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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.
Read ArticleCollege 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.
Pet Friendly LifestyleDowntown Memphis, Memphis, TN
Ranked #17
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 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 $1,716.
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 $827 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 544 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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.