Homes for Rent in Memphis, TN (1,515 Rentals)

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property at 585 E Parkway S
$975
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

585 E Parkway S, Unit 3

585 E Parkway S
MemphisTN38104
property at 1131 N Watkins St
$1,550

Total Monthly Price

Base Rent$1,550

Total Monthly Price$1,550
4 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1131 N Watkins St

MemphisTN38107
property at 3563 Southern Ave
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

3563 Southern Ave, Unit 21

3563 Southern Ave
MemphisTN38111
property at 3646 Spottswood Ave
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
2 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

3646 Spottswood Ave, Unit #1

3646 Spottswood Ave
MemphisTN38111
  • Smoke Free
property at 5299 Braden Dr
$850

Total Monthly Price

Base Rent$850

Total Monthly Price$850
3 Bedroom, 1 Bath Home for Rent
Available Sep 30
Cost Per Sq.Ft.

5299 Braden Dr

MemphisTN38127
property at 1711 S Sutton Dr
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1711 S Sutton Dr

MemphisTN38127
property at 1819 Wells Station Rd
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1819 Wells Station Rd

MemphisTN38108
property at 6209 Summer Hills Cir
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
2 Bedroom, 1.5 Bath Condo for Rent
Available Now
Affordability

6209 Summer Hills Cir, Unit 1

6209 Summer Hills Cir
MemphisTN38134

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

property at 2089 S Parkway E
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

2089 S Parkway E

MemphisTN38114
property at 2786 Mojave Pl
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
2 Bedroom, 2 Bath Condo for Rent
Available Now
Affordability

2786 Mojave Pl, Unit #2

2786 Mojave Pl
MemphisTN38115
  • Smoke Free
property at 1540 Tutwiler Ave
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

1540 Tutwiler Ave

MemphisTN38107
property at 1542 Tutwiler Ave
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

1542 Tutwiler Ave

MemphisTN38107
property at 5654 San Mateo
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 2 Bath Condo for Rent
Available Now
Affordability

5654 San Mateo, Unit San Mateo

5654 San Mateo
MemphisTN38115
  • Smoke Free
property at 5200 Broken Oak Dr
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
3 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

5200 Broken Oak Dr

MemphisTN38127
property at 1710 Kirby Pky
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

1710 Kirby Pky

MemphisTN38120
property at 2901 Walker Ave
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
3 Bedroom, 1.5 Bath Home for Rent
Available Now
Affordability

2901 Walker Ave

MemphisTN38111
property at 3148 Highland Park Pl
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

3148 Highland Park Pl

MemphisTN38111
property at 6761 Whitten Pine Dr
$1,295

Total Monthly Price

Base Rent$1,295

Total Monthly Price$1,295
3 Bedroom, 2 Bath Townhome for Rent
Available Now
Affordability

6761 Whitten Pine Dr

MemphisTN38134

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 2067 Goldbrier Ln
$1,350

Total Monthly Price

Base Rent$1,350

Total Monthly Price$1,350
3 Bedroom, 2 Bath Townhome for Rent
Available Now
Affordability

2067 Goldbrier Ln

MemphisTN38134
property at 3649 Haughton Ln
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
3 Bedroom, 3.5 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

3649 Haughton Ln, Unit #2

3649 Haughton Ln
MemphisTN38128
  • Smoke Free
property at 2020 Linden Ave
$1,545
3 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

2020 Linden Ave

MemphisTN38104
property at 4409 Jamaica Ave
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
3 Bedroom, 1.5 Bath Home for Rent
Available Oct 1
Affordability

4409 Jamaica Ave

MemphisTN38117
property at 1539 N Parkway
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
2 Bedroom, 2 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

1539 N Parkway, Unit B

1539 N Parkway
MemphisTN38112
property at 3106 Harvester Ln E
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
4 Bedroom, 2 Bath Home for Rent
Available Oct 1
Affordability

3106 Harvester Ln E

MemphisTN38127
property at 534 Brockwood Ave
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
5 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

534 Brockwood Ave

MemphisTN38109
property at 3332 Beechmont St
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
4 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

3332 Beechmont St

MemphisTN38127
property at 90 N Cooper St
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
2 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

90 N Cooper St

MemphisTN38104

The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

property at 1804 Foster Ave
$1,900

Total Monthly Price

Base Rent$1,900

Total Monthly Price$1,900
4 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1804 Foster Ave

MemphisTN38114
property at 4376 Yale Rd
$1,950

Total Monthly Price

Base Rent$1,950

Total Monthly Price$1,950
4 Bedroom, 2.5 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

4376 Yale Rd

MemphisTN38128
property at 1589 York Ave
$2,000

Total Monthly Price

Base Rent$2,000

Total Monthly Price$2,000
3 Bedroom, 2.5 Bath Townhome for Rent
Available Now

1589 York Ave

MemphisTN38104
property at 88 N Reese St
$2,500

Total Monthly Price

Base Rent$2,500

Total Monthly Price$2,500
3 Bedroom, 2 Bath Home for Rent
Available Oct 1
Cost Per Sq.Ft.

88 N Reese St

MemphisTN38111

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Memphis, TN Local Guide

Photo of Amanda  Delgado - Local Guide Expert
Written By:
Amanda Delgado
Local Guide Expert

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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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!

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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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Memphis Overview

Memphis is the second largest metro area in Tennessee and a major music city. It’s home to rock, soul, and blues, making it a great home for music lovers! But that’s not all it offers. Memphis also tons of other kinds of entertainment, along with good employers, great schools, and lots of outdoor activities. What else makes this city such an amazing place to live? Memphis has an affordable cost of living, wonderful weather, and reasonable commutes. It’s close to several highways. And it’s just a few hours away from all the sights and sounds of Nashville.

What is the history of Memphis?

Do you know where Memphis got its name? This southern city, which dates back to 1819, was named for the capital of Ancient Egypt. While Egypt has the Nile River, the Mississippi River flows through Memphis, TN. The city started out as a trading center, mainly for cotton. Over time, it became the site of the largest cotton and hardwood lumber markets in the world. Memphis was also an important city during the 1960s’ Civil Rights Movement. In the early to mid-20th century, it became home to blues, soul, rock, and other musical genres. World-famous musicians, like B.B. King and Roy Orbison, performed or recorded music here.

How is the weather in Memphis?

Thinking of looking into homes for rent in Memphis? If so, you can look forward to some great weather! The average highs in summer are in the high 80s to low 90s. In winter, temperatures usually reach the 50s during the day and drop to the 30s at night. Those are fairly mild temps to enjoy all year round. Memphis has all four seasons. Leaves change in fall, spring flowers bloom, and there’s a chance of getting a bit of snow in winter. What about rain? Memphis has plenty of sunny days overall, but spring and fall can be rainy.

How do I get around town?

When you’re exploring Memphis rental homes, making sure you’ll be able to get around ok is important. Having a car makes it easy to travel around this sprawling city. But cars aren’t the only way to get around. You can ride your own bike or use a local bike-share program. Taxis are another option, especially in the downtown area near Beale Street. Interested in public transportation options? The Memphis Area Transit Authority provides vintage trolley and bus service throughout the city. Heading out of town? Memphis International Airport, Greyhound’s Memphis Bus Station, and Amtrak’s Central Station can get you where you need to go. All of these are conveniently located in the downtown area.

Why live in Memphis, TN?

Why should you look for Memphis rentals for your next home? If you’re a music fan, you’ll love visiting Graceland, Stax Muslim of American Soul Music, and the Memphis Rock ’N Roll Museum. For shopping, dining, and entertainment, you’ve got tons of options along Beale Street in downtown. With Nashville being a few hours away, you can enjoy day trips. Or explore more places along the Mississippi River in neighboring states, like Mississippi and Arkansas. Memphis also has several major employers in transportation, healthcare, manufacturing, and other industries. Combine all of these benefits with an affordable cost of living, and it’s no wonder that Memphis is among the top places to live!

What Memphis landmarks should I see?

Graceland might just be the most famous landmark in Memphis, but it’s not the only one. Head to the National Civil Rights Museum and the Slave Haven Underground Railroad Museum to learn more about local history. Visit Sun Studio, known as the “Birthplace of Rock ’N Roll.” And make plans to see Stax Museum, the original home of Satellite Records. What other landmarks are a must-see in Memphis? Visit the Peabody, a historic hotel in the downtown area, for upscale dining. Spend time in the Victorian Village, which features several mansions from the 1800s.

What is there to do around Memphis?

Looking for Memphis homes for rent means you’ll have easy access to many exciting attractions and activities. See more than 3,500 animals at the Memphis Zoo, including tigers, elephants, and sloths. Stroll along Beale Street, known as the “Home of the Blues.” This famous street is filled with restaurants, concert halls and music venues, bars, shops, and much more. Visit the Memphis Botanic Gardens or Shelby Farms Park to enjoy the outdoor air and sunshine. Go kayaking on the Mississippi River. Or explore hiking trails in nearby Shelby Forest State Park.

Where is the best place to move in Memphis?

Knowing where to look for rental homes in Memphis can be tough. Which are the best neighborhoods for renters? Cordova in eastern Memphis offers a quieter place that’s still close to downtown. It’s got great schools, outdoor nature centers, and more. East Memphis has lower costs overall. This area also has plenty of amenities, including parks and restaurants. Midtown is a busier neighborhood for those who want to be closer to all the action. Whitehaven puts you close to Graceland and conveniently near I-55 and I-240 for easy commuting.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Memphis, TN Rentals by Map

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Frequently Asked Questions about Memphis

What type of rentals are currently available in Memphis?

There are currently 1876 Apartments for Rent in Memphis, TN with pricing that ranges from $525 to $7,801. There are also 1500 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $550 to $5,995.

What is the current price range for Rental Homes in Memphis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Memphis ranges from $550 to $5,995 with an average monthly rent of $1,635.

How much are larger Three and Four Bedroom Rentals in Memphis?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Memphis range from $550 to $4,049, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $3,900. Four Bedroom Single-Family rentals are also available starting from $795 and Four Bedroom Apartments start at $550.

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

decorative image for Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City article

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Written by: Joshua Carlucci

Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

decorative image for The Local Memphis Expert's Guide to Renting Near the City's Top Employers article

The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

decorative image for College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive article

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Articles, How-To's, and Tips

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.