Cheap Homes for Rent in Midtown Memphis Neighborhood of Memphis, TN from $800 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown Memphis area of Memphis.

2187 Court Ave

2187 Court

139 N Claybrook St

1066 Greenlaw Ave

283 Leath St
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.

53 N Belvedere Blvd, Unit 5

2020 Courtland Pl

517 S Barksdale St

1271 Poplar Ave

951 Faxon Ave

637 N Willett St

1275 Tutwiler Ave
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.

1271 Poplar Ave

1667 Parktown Pl

293 N Manassas St

1845 Galloway Ave

1401 Linden Ave

1540 Tutwiler Ave

154 N Auburndale St
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 a home in Midtown Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Midtown Memphis 2 Bedroom Homes for Rent | $1,487 | $850 | $2,500 |
Midtown Memphis 3 Bedroom Homes for Rent | $1,928 | $1,150 | $3,000 |
Midtown Memphis 4 Bedroom Homes for Rent | $2,067 | $984 | $3,950 |
Midtown Memphis 5 Bedroom Homes for Rent | $2,835 | $1,295 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Midtown Memphis Neighborhood of Memphis, TN.
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Midtown Memphis, Memphis, TN Local Guide
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Cheapest Available Midtown Memphis Apartments for Rent
 The cheapest available apartment rental in the Midtown Memphis area of Memphis, TN is a 1 Bed unit found at Village Square priced from $625. Pulse has the second lowest priced unit, which is a Studio apartment currently listed from $634. Here are the most affordable Midtown Memphis apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Village Square | 2068 #3 | 1BR,1BA | $625 |
Pulse | S1 | Studio,1BA | $634 |
Overton Place | Studio | Studio,1BA | $725 |
Kings Reserve Memphis | Peabody | Studio,1BA | $725 |
144 N. Belvedere | 2 BR, 1 BA | 2BR,1BA | $750 |
Best Value Apartments for Rent in Midtown Memphis, TN
As of October 23, 2025 the best value apartment in the Midtown Memphis area is the $0.69 price per square foot 4 Bedroom Model at Barksdale Flats in the in the East Memphis neighborhood starting from $1,595. The second greatest value Midtown Memphis apartment is the 41 S McLean Blvd Model at 41 S McLean Blvd, Unit #3 upstairs starting at $1,300 with a $1.00 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Midtown Memphis apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Barksdale Flats | 4 Bedroom | 4BR,2BA | $0.69 |
41 S McLean Blvd, Unit #3 upstairs | 41 S McLean Blvd | 2BR,2BA | $1.00 |
Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
57 N Belvedere Blvd, Unit 1 | 57 N Belvedere Blvd | 2BR,1BA | $0.93 |
Urban Peddler | 2BR 1BA | 2BR,1BA | $1.13 |
Parkside Poplar Apartments | 1 Bedroom | 1BR,1BA | $1.05 |
Peabody Place | One Bedroom | 1BR,1BA | $1.13 |
144 N. Belvedere | 2 BR, 1 BA | 2BR,1BA | $1.00 |
The Drew | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.14 |
Village Square | 2038 #4 | 1BR,1BA | $1.09 |
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.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleMidtown Memphis, Memphis, TN
Ranked #14
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Midtown Memphis
What type of rentals are currently available in Midtown Memphis?
There are currently 514 Apartments for Rent in Midtown Memphis, TN with pricing that ranges from $625 to $5,868. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Memphis ranging from $850 to $3,950.
What is the current price range for Rental Homes in Midtown Memphis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown Memphis ranges from $850 to $3,950 with an average monthly rent of $1,879.
How much are larger Three and Four Bedroom Rentals in Midtown Memphis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown Memphis range from $1,375 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,000. Four Bedroom Single-Family rentals are also available starting from $984 and Four Bedroom Apartments start at $1,595.
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.