1111 North Pkwy
MemphisTN38105
Cheap Homes for Rent in the Midtown Memphis Neighborhood of Memphis, TN from $650 (27 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
525 N Waldran Blvd
MemphisTN38105
157 Roberta Dr
MemphisTN38112
1066 Greenlaw Ave
MemphisTN38105
1202 Tutwiler Ave
MemphisTN38107
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.
2187 Court Ave
MemphisTN38104
157 Stonewall St
MemphisTN38104
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$8951 Bedroom Apartments Available Now
2024 Jefferson Ave, Unit 2068-04
2024 Jefferson AveMemphis, TN 38104
72 N Belvedere Blvd
MemphisTN38104
310 Jones St
MemphisTN38105
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$8991 Bedroom Apartments Available Now
2024 Jefferson Ave, Unit 2046-04
2024 Jefferson AveMemphis, TN 38104
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$9001 Bedroom Apartments Available Now
159 N Belvedere Blvd, Unit 2
159 N Belvedere BlvdMemphis, TN 38104
155 N Auburndale St
MemphisTN38104
1306 Carr Ave
MemphisTN38104
527 Diana St
MemphisTN38104
401 N Manassas St
MemphisTN38105
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$9501 Bedroom Apartments Available Now
2053 Linden Ave, Unit 4
2053 Linden AveMemphis, TN 38104
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.
1572 Tutwiler Ave
MemphisTN38107
703 Dickinson St
MemphisTN38107
2093 Jefferson Ave
MemphisTN38104
2020 Courtland Pl
MemphisTN38104
2234 Madison Ave
MemphisTN38104
214 Cochran Pl
MemphisTN38105
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.
1542 Tutwiler Ave
MemphisTN38107
1540 Tutwiler Ave
MemphisTN38107
432 N Montgomery St
MemphisTN38104
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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 | $1,205 | $815 | $1,900 |
| Midtown Memphis 3 Bedroom Homes for Rent | $1,738 | $1,100 | $2,200 |
| Midtown Memphis 4 Bedroom Homes for Rent | $1,860 | $950 | $3,500 |
| Midtown Memphis 5 Bedroom Homes for Rent | $3,272 | $2,795 | $3,750 |
| Midtown Memphis 6 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 27 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 Studio unit found at 1298 Carr priced from $550. 1111 N Parkway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here are the most affordable Midtown Memphis apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1298 Carr | 0BR/1.0BA | Studio,1BA | $550 |
| 1111 N Parkway | 1 Beds, 1 Baths | 1BR,1BA | $595 |
| 288 Leath St | 1 Beds, 1 Baths | 1BR,1BA | $625 |
| The Pulse Apartments | Studio 1 Bathroom | Studio,1BA | $634 |
| 148 Stonewall Pl | 1 BR, 1 BA | 1BR,1BA | $650 |
| 31 S McLean Blvd | Studio | Studio,1BA | $725 |
| 1626 Monroe Ave. | 1BR/1.0BA | 1BR,1BA | $725 |
| 1640 Monroe | 1BR/1.0BA | 1BR,1BA | $725 |
| Helix at the District - Utilities Included | 1 Bedroom 1 Bathroom | 1BR,1BA | $744 |
| Kimbrough Tower Apartments | Studio 1 Bathroom | Studio,1BA | $750 |
Best Value Apartments for Rent in Midtown Memphis, TN
As of September 13, 2026 the best value apartment in the Midtown Memphis area is the $1.04 price per square foot 2 Beds, 2 Baths Model at 201-203 Stonewall St in the in the Midtown Memphis neighborhood starting from $2,150. The second greatest value Midtown Memphis apartment is the FCA1968 Model at First Congo Apartments starting at $1,965 with a $1.00 price per square foot in the Medical District 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. |
|---|---|---|---|
| 201-203 Stonewall St | 2 Beds, 2 Baths | 2BR,2BA | $1.04 |
| First Congo Apartments | FCA1968 | 2BR,2.5BA | $1.00 |
| 2191 Washington Ave | 3 Beds, 2 Baths | 3BR,2BA | $0.84 |
| Cgient Properties LLC-3 | 2BR/1.5BA | 2BR,1.5BA | $0.84 |
| Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
| The Midtowner | 2 BR | 2BR,1BA | $1.10 |
| 57 N Belvedere Blvd, Unit 1 | 57 N Belvedere Blvd | 2BR,1BA | $1.03 |
| Parkside Poplar Apartments | 1 Bedroom | 1BR,1BA | $1.02 |
| 1111 N Parkway | 1 Beds, 1 Baths | 1BR,1BA | $0.74 |
| 148 Stonewall Pl | 1 BR, 1 BA | 1BR,1BA | $1.00 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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Pet Friendly LifestyleMidtown Memphis, Memphis, TN
Ranked #11
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 527 Apartments for Rent in Midtown Memphis, TN with pricing that ranges from $450 to $9,542. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Memphis ranging from $650 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 $650 to $4,000 with an average monthly rent of $1,514.
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 $1,200 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,200. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $1,400.
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
Memphis, Tennessee: A Local Expert's 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.
The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.
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.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.