
Senior Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (6 Rentals)
Apartments for adults 55+ years of age in the Downtown Memphis area of Memphis with convenient services, and fun activities.


Cleaborn Pointe at Heritage Senior Apartments

Hope Heights Tower
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Dr. R. Q Venson Center

Magnolia Terrace

South City Senior
When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.
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 | $1,105 | $560 | $1,710 |
| Downtown Memphis 1 Bedroom Apartments | $1,372 | $525 | $2,332 |
| Downtown Memphis 2 Bedroom Apartments | $1,836 | $750 | $4,700 |
| Downtown Memphis 3 Bedroom Apartments | $2,377 | $995 | $3,453 |
Browse Apartments in this Neighborhood
There are currently 6 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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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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
Outdoors Rating
We think living with nice outdoor spaces is very important. This neighborhood has emerged as providing really good access to parks and greenspace, with a score of 3.5 out of 4.
Frequently Asked Questions about Downtown Memphis
How much are Studio apartments in Downtown Memphis?
There are currently 124 Studio Apartments in Downtown Memphis with rent ranges from $750 to $1,710 with an average price of $1,672.
What is the current price range for One Bedroom Downtown Memphis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Memphis ranges from $525 to $2,332 with an average monthly rent of $1,372.
What does renting a Two Bedroom Apartment in Downtown Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Memphis range from $750 to $4,700. Today's average rental price for Two Bedrooms here is $1,836.
How expensive are Downtown Memphis Three Bedroom Apartments?
There are currently 52 Three Bedroom Apartments listings available in Downtown Memphis on ApartmentHomeLiving.com. The pricing ranges from $995 to $3,453 - averaging $2,377 for the location.
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.