
Cheap Homes for Rent in the Midtown Memphis Neighborhood of Memphis, TN from $600 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown Memphis area of Memphis.


525 N Waldran Blvd

151 N Belvedere Blvd

144 N Auburndale St

1066 Greenlaw Ave

302 Garland St

2187 Court Ave
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310 Jones St

2024 Jefferson Ave, Unit 2068-04

2024 Jefferson Ave, Unit 2046-04

157 Roberta Dr

159 N Belvedere Blvd, Unit 1

1572 Tutwiler Ave

2093 Jefferson Ave
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2234 Madison Ave

214 Cochran Pl

24 N Cooper St, Unit 1

2020 Courtland Pl

696 N Willett St

1542 Tutwiler Ave

1540 Tutwiler Ave
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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 | $1,115 | $720 | $1,795 |
| Midtown Memphis 3 Bedroom Homes for Rent | $1,833 | $1,095 | $2,300 |
| Midtown Memphis 4 Bedroom Homes for Rent | $1,882 | $1,050 | $2,695 |
| Midtown Memphis 5 Bedroom Homes for Rent | $2,997 | $2,995 | $3,000 |
| Midtown Memphis 6 Bedroom Homes for Rent | $3,397 | $2,795 | $4,000 |
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 1111 N Parkway priced from $600. 288 Leath St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here are the most affordable Midtown Memphis apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1111 N Parkway | 1 Beds, 1 Baths | 1BR,1BA | $600 |
| 288 Leath St | 1 Beds, 1 Baths | 1BR,1BA | $625 |
| The Pulse Apartments | Studio 1 Bathroom | Studio,1BA | $634 |
| Overton Place | 1 Bedroom Victorian | 1BR,1BA | $725 |
| 31 S McLean Blvd | Studio | Studio,1BA | $725 |
Best Value Apartments for Rent in Midtown Memphis, TN
As of July 30, 2026 the best value apartment in the Midtown Memphis area is the $0.84 price per square foot 3 Beds, 2 Baths Model at 2191 Washington Ave in the in the East Memphis neighborhood starting from $1,600. The second greatest value Midtown Memphis apartment is the 3 Bed 2 Bath Model at 65 N Belvedere Blvd starting at $1,350 with a $1.00 price per square foot in the Midtown 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. |
|---|---|---|---|
| 2191 Washington Ave | 3 Beds, 2 Baths | 3BR,2BA | $0.84 |
| 65 N Belvedere Blvd | 3 Bed 2 Bath | 3BR,2BA | $1.00 |
| Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
| 34 N Idlewild St | 2BR/1.0BA | 2BR,1BA | $0.89 |
| The Midtowner | 2 BR | 2BR,1BA | $1.10 |
| The Biltmore - McAlpin Apartments | Single 850 | 1BR,1BA | $1.09 |
| Peabody Village | 2 Beds, 1 Baths | 2BR,1BA | $1.08 |
| Parkside Poplar Apartments | 1 Bedroom | 1BR,1BA | $1.02 |
| 1111 N Parkway | 1 Beds, 1 Baths | 1BR,1BA | $0.75 |
| Courtyard @ 1460 Monroe | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.04 |
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Midtown Memphis
What type of rentals are currently available in Midtown Memphis?
There are currently 517 Apartments for Rent in Midtown Memphis, TN with pricing that ranges from $634 to $3,400. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Memphis ranging from $600 to $4,000.
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 $600 to $4,000 with an average monthly rent of $1,895.
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 $1,150 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,795.
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.
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