
Cheap Homes for Rent in Midtown Neighborhood of Memphis, TN from $800 (19 Rentals)
Cheap Homes in the Midtown area of Memphis.


72 N Belvedere Blvd

45 N Belvedere Blvd

1320 Faxon Ave

1066 Greenlaw Ave

150 N McLean Blvd

310 S Cleveland St

1554 Tutwiler Ave

380 N Willett St
Navigating 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.

1271 Poplar Ave, Unit 504

142 Angelus St

142 Angelus St

585 N Avalon St

1850 Jefferson Ave

1552 Tutwiler Ave

1271 Poplar Ave

1377 Linden Ave

1355 Linden Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

951 Faxon Ave
Midtown, Memphis, TN Local Guide

How much does it cost to rent a home in Midtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Midtown 2 Bedroom Homes for Rent | $1,268 | $895 | $2,500 |
Midtown 3 Bedroom Homes for Rent | $1,868 | $1,400 | $2,800 |
Midtown 4 Bedroom Homes for Rent | $2,306 | $1,600 | $2,700 |
Midtown 5 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
Midtown 6 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Midtown 7 Bedroom Homes for Rent | $3,695 | $3,695 | $3,695 |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Midtown Neighborhood of Memphis, TN.
Explore Memphis
Midtown, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Midtown Apartments for Rent
 The cheapest available apartment rental in the Midtown area of Memphis, TN is a 1 Bed unit found at Village Square priced from $695. Overton Place has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Midtown apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Village Square | 2036 #1 | 1BR,1BA | $695 |
Overton Place | Studio | Studio,1BA | $725 |
Belvedere Gardens Condominiums | 1x1 Bath | 1BR,1BA | $775 |
Idlewild Terrace | 1BR/1.0BA | 1BR,1BA | $795 |
Park Terrace | Studio | Studio,1BA | $850 |
Best Value Apartments for Rent in Midtown, TN
As of May 04, 2025 the best value apartment in the Midtown area is the $0.80 price per square foot 315 Stonewall St Model at 315 Stonewall St, Unit 311 Stonewall in the in the Midtown Memphis neighborhood starting from $1,999. The second greatest value Midtown apartment is the Spacious Model at 1468 Snowden Ave starting at $1,500 with a $0.89 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for Midtown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
315 Stonewall St, Unit 311 Stonewall | 315 Stonewall St | 3BR,2.5BA | $0.80 |
1468 Snowden Ave | Spacious | 2BR,1.5BA | $0.89 |
1229 Vinton Ave, Unit 1 | 1229 Vinton Ave | 2BR,1BA | $0.85 |
1742 N Parkway, Unit 1742 | 1742 N Parkway | 3BR,1BA | $1.07 |
641 S Rembert St, Unit 641 | 641 S Rembert St | 2BR,2BA | $0.91 |
Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
Overton Garden Apartments | 2151 Poplar Ave | 2BR,2BA | $1.15 |
Urban Peddler | 2BR 1BA Renovated | 2BR,1BA | $1.23 |
The Galloway @ Evergreen - | The Evergreen | 2BR,1.5BA | $1.25 |
Idlewild Terrace | 1BR/1.0BA | 1BR,1BA | $1.18 |
Quick 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.
Frequently Asked Questions about Midtown
What type of rentals are currently available in Midtown?
There are currently 416 Apartments for Rent in Midtown, TN with pricing that ranges from $695 to $13,210. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown ranging from $895 to $3,995.
What is the current price range for Rental Homes in Midtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown ranges from $895 to $3,995 with an average monthly rent of $2,384.
How much are larger Three and Four Bedroom Rentals in Midtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown range from $1,150 to $4,449, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $5,290.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.