
Cheap 1 Bedroom Apartments for Rent in the Midtown Memphis Neighborhood of Memphis, TN from $725 (62 Rentals)


Village Square

Memphis Towers Senior Living

The Pulse Apartments

Midtown Place

1640 Monroe Ave

Azur Tower

The Drew

Parkside Poplar Apartments

Kings Reserve Memphis
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Evergreen Terrace

Helix at the District - Utilities Included

1536 Tutwiler Ave

2051 Peabody Ave

Deauville Apartments

Faulkner Court Apartments

159 N Belvedere Blvd, Unit unit 1

Peabody Place

Kimbrough Tower Apartments

The Biltmore - McAlpin Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Marilyn on Monroe

The Sylvia

The Linden

Madison Midtown

The Bank Flats Apartments

31 S McLean Blvd

Idlewild 45

Park Terrace

1161 Poplar

The Courtyard at Ironworks
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.

Iris Luxury Apartments

Peabody Falls Apartments

200 Stonewall St

Total Monthly Price
2098 Court Ave, Unit 2098 Upper Unit, Unit 2098 Upper Unit

Studio Rasa

1162 Peabody Ave

The Citizen Apartments

149 N Barksdale St, Unit 100

Overton Garden Apartments

Bristol On Union Apartment Homes
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.

Art Lofts @ Overton

The Flats at Overton

321 Pauline St

Peach Apartments

Medical Center Apartments

SoMa 23

Idlewild Terrace

1077 Merriwether Ave

Courtyard @ 1460 Monroe

Monroe Flats
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.
Midtown Memphis, Memphis, TN Local Guide

How much does it cost to rent an apartment in Midtown Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Memphis Studio Apartments | $995 | $634 | $1,500 |
Midtown Memphis 1 Bedroom Apartments | $1,154 | $725 | $1,954 |
| Midtown Memphis 2 Bedroom Apartments | $1,382 | $850 | $3,400 |
| Midtown Memphis 3 Bedroom Apartments | $2,470 | $1,325 | $6,847 |
| Midtown Memphis 4 Bedroom Apartments | $1,783 | $1,500 | $1,950 |
Explore Memphis
Midtown Memphis, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleCollege 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!
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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleMidtown Memphis, Memphis, TN
Ranked #10
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Midtown Memphis Apartments
What is a cheap apartment in Midtown Memphis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Memphis is under $839.
What is the price of a cheap apartment in Midtown Memphis?
The cheapest apartment in Midtown Memphis is Village Square which is listed at $750, while the average apartment in Midtown Memphis costs $2,295.
What types of apartments are the cheapest in Midtown Memphis?
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 132 regular apartments in Midtown Memphis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Midtown Memphis?
Cheap apartments in Midtown Memphis have an average cost of $810 which is $1,485 cheaper than the average rent for all rentals in Midtown Memphis.
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.
Articles, How-To's, and Tips

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.