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$525 - $1,050Studio to 2 Bedroom Apartments Available Sep 24
Edison Park
567 Jefferson AveMemphis, TN 38105
Cheap Apartments for Rent in the Medical District Memphis, TN from $300 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Medical District area of Memphis.
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$725 - $875Studio to 2 Bedroom Apartments Available Now
Overton Place
1214 Overton Park AveMemphis, TN 38104
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$760 - $1,855Studio to 3 Bedroom Apartments Available Now
Uptown Square Apartments
252 N Lauderdale StMemphis, TN 38105
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$775 - $2,1001 to 4 Bedroom Apartments Available Now
Central Gardens
1437 Central AveMemphis, TN 38104
Don'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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Rent Specials
$795 - $9501 to 2 Bedroom Apartments Available Now
Azur Tower
305 S Bellevue BlvdMemphis, TN 38104
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$8802 Bedroom Apartments Available Now
Linden Yards Apartments
707-747 Linden Yard DrMemphis, TN 38126
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$895 - $1,1951 to 2 Bedroom Apartments Available Now
Deauville Apartments
139 Claybrook StMemphis, TN 38104
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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1 to 4 Bedroom Apartments
Cleaborn Pointe at Heritage Senior Apartments
460 S Lauderdale StMemphis, TN 38126
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Showing Results 1-28, Page 1 of 1
Medical District, Memphis, TN Local Guide
How much does it cost to rent an apartment in Medical District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medical District Studio Apartments | $966 | $560 | $1,393 |
| Medical District 1 Bedroom Apartments | $1,190 | $525 | $2,191 |
| Medical District 2 Bedroom Apartments | $1,493 | $825 | $2,763 |
| Medical District 3 Bedroom Apartments | $1,991 | $1,555 | $2,415 |
| Medical District 4 Bedroom Apartments | $2,100 | $2,100 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 1 mile radius of the Medical District Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Medical District, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Medical District Apartments for Rent
The cheapest available apartment rental in the Medical District area of Memphis, TN is a Studio unit found at SoMa 23 priced from $650. Overton Place has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Medical District apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SoMa 23 | Studio Small | Studio,1BA | $650 |
| Overton Place | Studio | Studio,1BA | $725 |
| Central Gardens | Studio One Bath | 1BR,1BA | $775 |
| Pulse | A1 | 1BR,1BA | $779 |
| Kimbrough Towers | A2 | 1BR,1BA | $800 |
| The Drew | 1 Bedroom 1 Bathroom | 1BR,1BA | $800 |
| Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $849 |
| Vinton Avenue Apartments | 2BR/1.0BA | 2BR,1BA | $850 |
| Helix at the District | 1S | 1BR,1BA | $860 |
| The Courts Midtown | The Idlewild | 1BR,1BA | $863 |
Best Value Apartments for Rent in Medical District, TN
As of September 19, 2025 the best value apartment in the Medical District area is the $1.35 price per square foot 2 bd / 2 ba Model at 628 Madison Ave in the in the Downtown Memphis neighborhood starting from $1,350. The second greatest value Medical District apartment is the 2 Bedroom Townhouse Model at Legends Park Apartments starting at $1,250 with a $1.30 price per square foot in the Medical District neighborhood. Here is today’s list of the best values for Medical District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 628 Madison Ave | 2 bd / 2 ba | 2BR,2BA | $1.35 |
| Legends Park Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.30 |
| Linden Yards Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Deauville Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.41 |
| Vinton Avenue Apartments | 2BR/1.0BA | 2BR,1BA | $1.03 |
| Peabody Village | 2 Beds, 1 Baths | 2BR,1BA | $1.08 |
| The Drew | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.14 |
| Forum Flats | 1-C Type B-60% | 1BR,1BA | $1.41 |
| Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.37 |
| Overton Place | Studio | Studio ,1BA | $1.42 |
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Pet Friendly LifestyleMedical District, Memphis, TN
Ranked #36
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
Our team compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States, including Memphis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, transit availability, pet-friendly communities, features that make it easier to raise kids, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Medical District Neighborhood in Memphis, TN
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
44 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Medical District Apartments
What is a cheap apartment in Medical District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Medical District is under $863.
What is the price of a cheap apartment in Medical District?
The cheapest apartment in Medical District is SoMa 23 which is listed at $695, while the average apartment in Medical District costs $12,450.
What types of apartments are the cheapest in Medical District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 55 regular apartments in Medical District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.