306 S Lauderdale St
MemphisTN38126
Cheap Homes for Rent in Medical District Memphis, TN from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Medical District area of Memphis.
811 Polk Ave
MemphisTN38126
645 Walnut St
MemphisTN38126
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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.
139 N Claybrook St
MemphisTN38104
347 Garland St
MemphisTN38104
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283 Leath St
MemphisTN38105
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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Medical District, Memphis, TN Local Guide
How much does it cost to rent a home in Medical District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medical District 2 Bedroom Homes for Rent | $1,313 | $800 | $2,200 |
| Medical District 3 Bedroom Homes for Rent | $2,214 | $1,800 | $2,495 |
| Medical District 4 Bedroom Homes for Rent | $1,929 | $984 | $2,790 |
| Medical District 5 Bedroom Homes for Rent | $1,295 | $1,295 | $1,295 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Medical District Neighborhood of Memphis, TN.
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Medical District, Memphis, TN Local Guide
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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 |
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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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
Frequently Asked Questions about Medical District
What type of rentals are currently available in Medical District?
There are currently 235 Apartments for Rent in Medical District, TN with pricing that ranges from $525 to $11,931. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Medical District ranging from $550 to $2,790.
What is the current price range for Rental Homes in Medical District?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Medical District ranges from $550 to $2,790 with an average monthly rent of $1,498.
How much are larger Three and Four Bedroom Rentals in Medical District?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Medical District range from $1,400 to $2,390, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,495. Four Bedroom Single-Family rentals are also available starting from $984 and Four Bedroom Apartments start at $2,100.
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.