
Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (292 Rentals) Page 5 of 6


Esquire Apartments

Heiskell Place Apartments

3-5 W Ge Patterson Ave

Cityhouse

782 S 3rd St

739-743 Neptune St

911 Grove Ave

South Line Studios

Harbor Lights

Archimania Apartments

Rivertown on the Island

City Commons

302 Mill Ave

Uptown Village Apartments

574 N Fourth St

57 W Georgia Ave

Carolina Lofts

60 Virginia Ave W

Looney Apartments

699 N 5th St

704 N 6th St

The Horizon

712 N 5th St

Harbor Town Square

Artesian

Fox Estate

900 N 7th St

902 N 2nd St

270 Guthrie Ave

750 Chelsea Ave

951 N 7th St

955 Woodlawn St

273-281 Caldwell Ave

981 N 7th St

1010-1018 N 3rd St

1022 N 7th St

1074 N 7th St

558-572 Life Ave

Lions Estate

Hunt-Phelan Apartments

Hope Heights Tower

Dr. R. Q Venson Center

Paul Borda Towers

Pontotoc Gardens

Forum Flats

Jefferson Place

Faulkner Court Apartments

Van Vleet Flats

Jefferson Square Apartments
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.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
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Articles, How-To's, and Tips

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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
Written by: Robin Stewart
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
Written by: Robin Stewart
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.