
Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (292 Rentals) Page 2 of 6


721 Litty Ct

730 Litty Ct

449 Monroe Ave

400 E Pontotoc Ave

92 S Main St

123 S Ct Ave

66 S Front St

107 S Front St

200 Wagner St
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

109 N Main St

129 Talbot Ave

310 Jones St

413 S Main St

408 S Front St

401 N Manassas St

460 Frontline Cove

470 Frontline Cove

580 S Main St

510 City House Ct
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.

18 W Georgia Ave

70 W Carolina Ave

89 W Carolina Ave

640 Leath St

679 Leath St

655 Riverside Dr

158 Keel Ave

717 Riverside Dr

703 N 3rd St

218 Chelsea Ave
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

994 N 7th St

1060 Island Dr

1175 Harbor River Dr

1173 Island Pl E

1197 Misty Isle Dr

1207 Harbor River Dr

1283 Island Harbor Dr

189 Fleets Island Dr

1343 Island Pl E

1371 Island Town Dr

154 Island Bluff Dr

Claridge House Condominiums

Exchange Building

Riverbluff

The Lofts at South Bluffs

Riverside 648

River Tower at South Bluffs

553 Beale St

524 Pontotoc Ave

Madison 19
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 | $1,135 | $560 | $1,636 |
| Downtown Memphis 1 Bedroom Apartments | $1,284 | $525 | $2,404 |
| Downtown Memphis 2 Bedroom Apartments | $1,779 | $750 | $5,042 |
| Downtown Memphis 3 Bedroom Apartments | $2,306 | $995 | $3,300 |
How much does it cost to rent a home in Downtown Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $2,186 | $800 | $3,390 |
| 3 Bedroom Homes | $2,415 | $995 | $3,900 |
| 4 Bedroom Homes | $2,285 | $1,195 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 292 rentals with your search options within a 1 mile radius of the Downtown Memphis Neighborhood of Memphis, TN.
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Frequently Asked Questions about Downtown Memphis
What is the current pricing and availability for apartments for rent in the Downtown Memphis area of Memphis, TN?
As of today, August 05, 2026, there are currently 292 available Downtown Memphis apartments priced from $525 to $5,042, with an average monthly rent of $1,499.
How much are Studio apartments in Downtown Memphis?
There are currently 102 Studio Apartments in Downtown Memphis with rent ranges from $560 to $1,636 with an average price of $1,135.
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 $2,404 with an average monthly rent of $1,284.
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 $5,042. Today's average rental price for Two Bedrooms here is $1,779.
How expensive are Downtown Memphis Three Bedroom Apartments?
There are currently 41 Three Bedroom Apartments listings available in Downtown Memphis on ApartmentHomeLiving.com. The pricing ranges from $995 to $3,300 - averaging $2,306 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.
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Articles, How-To's, and Tips

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.