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


Indigo Riverview

Gayoso House & Pembroke Square

Uptown Square Apartments

Iris Luxury Apartments

The Oliver Luxury Apartments

The Landing Residences

The Rise Apartments

The Tennessee Brewery Apartments

South Line at Central Station
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.

50 Peabody Place

Lofts at Union Alley

The Commonwealth

National Rose Co.

Metro67

Edison Park

South Main Artspace Lofts

Pressbox Lofts
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.

River Tower at South Bluffs

Riverside 648

505 Tennessee St

River Row Condominiums

624 Danny Thomas Blvd

486 E Georgia Ave

379 Orleans St

374 N Dunlap St

811 Mississippi Blvd
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.

South Main Gallery Condominiums

3-5 W Ge Patterson Ave

Central Station Lofts

St.Martin Condominiums

782 S 3rd St

Rivertown on the Island

Chickasaw Bluffs

642 Danny Thomas Blvd

Waterford Plaza

650 Danny Thomas Blvd
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.

751-777 St Paul Ave

524 Pontotoc Ave

77 Vance Ave

Heiskell Place Apartments

951 N 7th St

60 Virginia Ave W

Randolph Residence Hall

325-327 S Main St

783 Porter St

684 Tate Ave
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 | $1,080 | $560 | $1,594 |
| Downtown Memphis 1 Bedroom Apartments | $1,324 | $525 | $2,248 |
| Downtown Memphis 2 Bedroom Apartments | $1,805 | $750 | $5,900 |
| Downtown Memphis 3 Bedroom Apartments | $2,277 | $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 |
| The Chisca | A5 | 712 Sq Ft | $1,210 |
| Fielder Square | E4 Studio | 680 Sq Ft | $1,144 |
| The Rise Apartments | S1b Studio | 660 Sq Ft | $1,350 |
| Exchange Building | 1 Bedroom Small | 639 Sq Ft | $925 |
| Iris Luxury Apartments | S02 | 598 Sq Ft | $1,056 |
| Gayoso House & Pembroke Square | Gayoso House - gh-S1C | 583 Sq Ft | $1,100 |
| Pressbox Lofts | Times New Roman | 560 Sq Ft | $1,095 |
| The Commonwealth | The Townsend | 541 Sq Ft | $1,075 |
| South Line at Central Station | studio | 500 Sq Ft | $999 |
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 $1,080. 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 High-Rise | $765 |
| Indigo Riverview | Powell | $894 |
| Iris Luxury Apartments | S01 | $910 |
| Exchange Building | 1 Bedroom Small | $925 |
| Fielder Square | E1 Studio | $954 |
| The Landing Residences | S1 | $963 |
| South Junction Apartments | The Edge | $999 |
| South Line at Central Station | studio | $999 |
| The Chisca | A2a | $1,015 |
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
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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 #16
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 $1,080.
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 572 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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.


