
Studio Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (27 Rentals)


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Iris Luxury Apartments

The Oliver Luxury Apartments

The Landing Residences

The Tennessee Brewery

South Line at Central Station
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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.

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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.

628 Madison Ave
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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 | $1,279 | $560 | $4,632 |
Downtown Memphis 1 Bedroom Apartments | $1,577 | $525 | $5,938 |
Downtown Memphis 2 Bedroom Apartments | $2,089 | $795 | $6,900 |
Downtown Memphis 3 Bedroom Apartments | $2,314 | $995 | $3,350 |
Downtown Memphis 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Downtown Memphis Neighborhood of Memphis, TN.
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Downtown Memphis, Memphis, TN Local Guide
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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 628 Madison Ave and is listed at 1,000 square feet priced from $1,100. Here is today’s list of the largest available 2 Bedroom units in the area:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
628 Madison Ave | Large Studio | 1,000 Sq Ft | $1,100 |
Edison Park | Two Bedroom High-Rise | 720 Sq Ft | $865 |
The Chisca | A5 | 712 Sq Ft | $1,210 |
Fielder Square | E3 Studio | 699 Sq Ft | $1,158 |
Exchange Building | 1 Bedroom Small | 639 Sq Ft | $925 |
Lofts at Union Alley | S5 | 600 Sq Ft | $1,062 |
Iris Luxury Apartments | S02 | 598 Sq Ft | $1,264 |
The Rise Apartments | S2a | 576 Sq Ft | $1,339 |
Gayoso House & Pembroke Square | Pembroke Square- S1.1 | 511 Sq Ft | $1,095 |
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 One Bedroom High-Rise Model starting from $765 at Edison Park. The average price for all Studio apartments in Downtown Memphis is currently $1,279. Here is today’s list of the cheapest available Studio options in the area:
Apartment Listing | Model Name | Priced From |
---|---|---|
Edison Park | One Bedroom High-Rise | $765 |
628 Madison Ave | Small Studio | $850 |
Indigo Riverview | Powell | $906 |
Exchange Building | 1 Bedroom Small | $925 |
Fielder Square | E2 Studio | $987 |
Gayoso House & Pembroke Square | Pembroke Square- S2 | $999 |
South Junction Apartments | The Edge | $999 |
South Line at Central Station | studio | $999 |
Lofts at Union Alley | E2 | $1,014 |
The Chisca | A2a | $1,015 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleDowntown Memphis, Memphis, TN
Ranked #10
Among neighborhoods in Memphis, TN 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 Edison Park listed at $765.
How much is the average rent for a Studio Downtown Memphis Apartment?
The average rent for a Studio Apartment in Downtown Memphis is $1,279.
What is the largest available Studio Downtown Memphis Apartment for rent?
Today's apartment with the most square footage in Downtown Memphis is a 1,000 square feet unit starting from $1,100 at 628 Madison Ave.
What is the average size for Downtown Memphis Studio Apartments for rent?
The average size for a Studio rental in Downtown Memphis is currently 583 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.