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$525 - $1,050Studio to 2 Bedroom Apartments Available Now
Edison Park
567 Jefferson AveMemphis, TN 38105
Cheap Apartments for Rent in the Medical District Memphis, TN from $300 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Medical District area of Memphis.
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Rent Specials
$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
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$775 - $9501 to 2 Bedroom Apartments Available Now
Azur Tower
305 S Bellevue BlvdMemphis, TN 38104
244 S Cleveland St
MemphisTN38104
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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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$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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$900 - $1,0501 Bedroom Apartments Available Now
Faulkner Court Apartments
1034 Court AveMemphis, TN 38104
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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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1 to 4 Bedroom Apartments
Cleaborn Pointe at Heritage Senior Apartments
460 S Lauderdale StMemphis, TN 38126
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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.
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Showing Results 1-31, 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 | $974 | $560 | $1,511 |
| Medical District 1 Bedroom Apartments | $1,219 | $525 | $3,992 |
| Medical District 2 Bedroom Apartments | $1,438 | $775 | $2,509 |
| Medical District 3 Bedroom Apartments | $1,799 | $1,400 | $2,390 |
| Medical District 4 Bedroom Apartments | $2,100 | $2,100 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 31 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
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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 Edison Park priced from $560. Pulse has the second lowest priced unit, which is a Studio apartment currently listed from $634. Here are the most affordable Medical District apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Edison Park | One Bedroom 240sqft | Studio,1BA | $560 |
| Pulse | S1 | Studio,1BA | $634 |
| Overton Place | Studio | Studio,1BA | $725 |
| Central Gardens | Studio One Bath | 1BR,1BA | $775 |
| The Drew | 1 Bedroom 1 Bathroom | 1BR,1BA | $800 |
| Kimbrough Tower | Studio | Studio,1BA | $800 |
| The Courts Midtown | The Annesdale | 1BR,1BA | $803 |
| Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $849 |
| Helix at the District | 1S | 1BR,1BA | $860 |
| Linden Yards Apartments | Two Bedroom | 2BR,1BA | $880 |
Best Value Apartments for Rent in Medical District, TN
As of November 14, 2025 the best value apartment in the Medical District area is the $1.09 price per square foot 2 Bedroom - Urban Model at Uptown Square Apartments in the in the Downtown Memphis neighborhood starting from $1,260. The second greatest value Medical District apartment is the 2 bd / 2 ba Model at 628 Madison Ave starting at $1,350 with a $1.35 price per square foot in the Downtown Memphis 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. |
|---|---|---|---|
| Uptown Square Apartments | 2 Bedroom - Urban | 2BR,2BA | $1.09 |
| 628 Madison Ave | 2 bd / 2 ba | 2BR,2BA | $1.35 |
| Legends Park Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.30 |
| The Broadmoor Apartments | 2BR/1.0BA | 2BR,1BA | $1.16 |
| Goodbar Townhomes | 2BR/1.0BA | 2BR,1BA | $1.09 |
| Linden Yards Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Eleven60 | Luxury 2 Bedroom with Washer/Dryer | 2BR,1BA | $1.40 |
| The Drew | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.14 |
| Forum Flats | 1-A Type B-60% | 1BR,1BA | $1.40 |
| Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.37 |
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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Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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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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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Pet Friendly LifestyleMedical District, Memphis, TN
Ranked #41
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 the Cheapest Studio apartment in Medical District?
Currently the most affordable Cheap Studio Apartment in Medical District is at Edison Park listed at $560.
How much is rent for a Cheap One Bedroom Medical District Apartment?
The lowest price for a Cheap One Bedroom Medical District Apartment is $775 at Central Gardens.
What is the lowest price for a Cheap Two Bedroom Medical District Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Medical District is starting from $825 at Overton Place.
What is the most affordable Medical District Three Bedroom Apartment?
The best deal on a cheap Medical District Three Bedroom Apartment rental is at Legends Park Apartments and starts from $1,295.
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.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
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.