Studio Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (107 Rentals)

South Junction Apartments

Uptown Square Apartments

Indigo Riverview

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The Landing Residences

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The Rise Apartments

Iris Luxury Apartments

The Oliver Luxury Apartments

Total Monthly Price
South Line at Central Station

The Tennessee Brewery Apartments
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Lofts at Union Alley

National Rose Co.

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The Chisca

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Metro67

628 Madison Ave

Edison Park

Pressbox Lofts

731 Litty Ct, Unit 305

109 N Main St
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Claridge House Condominiums

Exchange Building

The Lofts at South Bluffs

River Tower at South Bluffs

Riverside 648

486 E Georgia Ave

379 Orleans St

684 Tate Ave

Rivertown on the Island

642 Danny Thomas Blvd
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

Waterford Plaza

650 Danny Thomas Blvd

951 N 7th St

60 Virginia Ave W

Randolph Residence Hall

325-327 S Main St

783 Porter St

South Main Gallery Condominiums

3-5 W Ge Patterson Ave

River Row Condominiums
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Central Station Lofts

St.Martin Condominiums

624 Danny Thomas Blvd

605 Mississippi Blvd

765 E Tate Ave

776 Tate Ave

Harbor Lights

Esquire Apartments

Riverbluff Place

799 Mississippi Blvd
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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 | $1,115 | $560 | $1,615 |
| Downtown Memphis 1 Bedroom Apartments | $1,249 | $525 | $2,400 |
| Downtown Memphis 2 Bedroom Apartments | $1,722 | $725 | $4,978 |
| Downtown Memphis 3 Bedroom Apartments | $2,246 | $995 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 107 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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Largest Available Downtown Memphis Studio Apartments
The largest available Studio apartment unit in the Downtown Memphis area of Memphis, TN is found at Edison Park and is listed at 1,169 square feet priced from $975. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Edison Park | Three Bedroom Townhome | 1,169 Sq Ft | $975 |
| 628 Madison Ave | Large Studio | 1,000 Sq Ft | $1,050 |
| The Chisca | A5/A5a | 712 Sq Ft | $1,230 |
| Pressbox Lofts | 700 Sq Ft | $995 | |
| Fielder Square | E3 Studio | 699 Sq Ft | $1,133 |
| Lofts at Union Alley | S4 | 600 Sq Ft | $1,024 |
| Iris Luxury Apartments | S02 | 598 Sq Ft | $990 |
| The Rise Apartments | S1c | 535 Sq Ft | $1,418 |
| National Rose Co. | 302 | 512 Sq Ft | $1,152 |
| South Line at Central Station | studio | 500 Sq Ft | $1,062 |
Cheapest Available Downtown Memphis Studio Apartments
Currently the lowest priced Studio apartment unit Downtown Memphis of Memphis, TN is the Studio - Handicapped Model starting from $760 at Uptown Square Apartments. The average price for all Studio apartments in Downtown Memphis is currently $1,115. Here is today’s list of the cheapest available Studio options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Uptown Square Apartments | Studio - Handicapped | $760 |
| Edison Park | One Bedroom Garden South | $825 |
| Claridge House Condominiums | 0 Beds, 1 Baths | $845 |
| Fielder Square | E1 Studio | $851 |
| Iris Luxury Apartments | S02 | $990 |
| Lofts at Union Alley | S4 | $1,024 |
| 628 Madison Ave | Large Studio | $1,050 |
| South Line at Central Station | studio | $1,062 |
| The Chisca | A4c | $1,151 |
| National Rose Co. | 302 | $1,152 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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 #16
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Memphis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Studio Downtown Memphis Apartments
What is the Cheapest apartment in Downtown Memphis with Studio?
Currently the most affordable Studio in Downtown Memphis is at Uptown Square Apartments listed at $760.
How much is the average rent for a Studio Downtown Memphis Apartment?
The average rent for a Studio Apartment in Downtown Memphis is $1,115.
What is the largest available Studio Downtown Memphis Apartment for rent?
Today's apartment with the most square footage in Downtown Memphis is a 1,169 square feet unit starting from $975 at Edison Park.
What is the average size for Downtown Memphis Studio Apartments for rent?
The average size for a Studio rental in Downtown Memphis is currently 474 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.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Articles, How-To's, and Tips

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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