
Studio Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (106 Rentals)


Gayoso House & Pembroke Square

South Junction Apartments

Uptown Square Apartments

Iris Luxury Apartments

The Oliver Luxury Apartments

The Landing Residences

The Tennessee Brewery Apartments

South Line at Central Station
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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 | $1,085 | $560 | $1,594 |
| Downtown Memphis 1 Bedroom Apartments | $1,319 | $525 | $2,400 |
| Downtown Memphis 2 Bedroom Apartments | $1,856 | $750 | $5,900 |
| Downtown Memphis 3 Bedroom Apartments | $2,239 | $995 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 106 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 Gayoso House & Pembroke Square and is listed at 948 square feet priced from $1,345. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Gayoso House & Pembroke Square | Pembroke Square- S10 | 948 Sq Ft | $1,345 |
| Edison Park | Two Bedroom Townhome | 903 Sq Ft | $895 |
| The Chisca | A5 | 712 Sq Ft | $1,210 |
| Fielder Square | E4 Studio | 680 Sq Ft | $1,244 |
| Exchange Building | 1 Bedroom Small | 639 Sq Ft | $925 |
| Iris Luxury Apartments | S02 | 598 Sq Ft | $1,136 |
| The Rise Apartments | S2a | 576 Sq Ft | $1,099 |
| The Commonwealth | The Townsend | 541 Sq Ft | $995 |
| South Line at Central Station | studio | 500 Sq Ft | $999 |
| The Oliver Luxury Apartments | S2 | 495 Sq Ft | $1,275 |
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 $1,085. 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 | Emory | $877 |
| Exchange Building | 1 Bedroom Small | $925 |
| Fielder Square | E1 Studio | $954 |
| Iris Luxury Apartments | S01 | $986 |
| The Commonwealth | The Townsend | $995 |
| South Junction Apartments | The Edge | $999 |
| South Line at Central Station | studio | $999 |
| The Chisca | A2a | $1,015 |
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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.
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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 #13
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 $1,085.
What is the largest available Studio Downtown Memphis Apartment for rent?
Today's apartment with the most square footage in Downtown Memphis is a 948 square feet unit starting from $1,345 at Gayoso House & Pembroke Square.
What is the average size for Downtown Memphis Studio Apartments for rent?
The average size for a Studio rental in Downtown Memphis is currently 595 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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




































