1111 North Pkwy
MemphisTN38105
Cheap Homes for Rent in Midtown Memphis Neighborhood of Memphis, TN from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown Memphis area of Memphis.
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$6951 Bedroom Apartments Available Now
1433 Court Ave
1433 Court AveMemphis, TN 38104
1279 Carr Ave
MemphisTN38104
144 N Auburndale St
MemphisTN38104
151 N Belvedere Blvd
MemphisTN38104
1320 Faxon Ave
MemphisTN38104
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.
2187 Court Ave
MemphisTN38104
302 Garland St
MemphisTN38104
585 N Avalon St
MemphisTN38112
1066 Greenlaw Ave
MemphisTN38105
310 Jones St
MemphisTN38105
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$1,0001 Bedroom Apartments Available Now
159 N Belvedere Blvd, Unit 1
159 N Belvedere BlvdMemphis, TN 38104
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.
227 N Willett St
MemphisTN38112
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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 | $1,260 | $800 | $1,900 |
| Midtown Memphis 3 Bedroom Homes for Rent | $1,863 | $1,095 | $2,950 |
| Midtown Memphis 4 Bedroom Homes for Rent | $2,027 | $1,050 | $2,995 |
| Midtown Memphis 5 Bedroom Homes for Rent | $3,061 | $2,995 | $3,250 |
| Midtown Memphis 6 Bedroom Homes for Rent | $2,795 | $2,795 | $2,795 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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
- Nearby Memphis neighborhoods
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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 288 Leath St priced from $625. Overton Place has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Midtown Memphis apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 288 Leath St | 1 Beds, 1 Baths | 1BR,1BA | $625 |
| Overton Place | Studio | Studio,1BA | $725 |
| 31 S McLean Blvd | Studio | Studio,1BA | $725 |
| Merriwether | 1 Bedroom, 1 Bathroom | 1BR,1BA | $750 |
| Kimbrough Tower Apartments | Studio 1 Bathroom | Studio,1BA | $750 |
Best Value Apartments for Rent in Midtown Memphis, TN
As of June 15, 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 2 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 | 2 Bed 2 Bath | 2BR,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 |
| Urban Peddler | 2BR 1BA | 2BR,1BA | $1.02 |
| The Broadmoor Apartments | 2BR/1.0BA | 2BR,1BA | $1.05 |
| 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 |
| Monroe Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.04 |
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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Don'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 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.
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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 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Memphis ranging from $675 to $3,250.
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 $675 to $3,250 with an average monthly rent of $1,840.
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 $1,225 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,800.
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.
Helpful Local Expert Guides
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.
Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.