1111 North Pkwy
MemphisTN38105
Cheap Homes for Rent in Midtown Neighborhood of Memphis, TN from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown area of Memphis.
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$6951 Bedroom Apartments Available Now
1433 Court Ave
1433 Court AveMemphis, TN 38104
1279 Carr Ave
MemphisTN38104
141 N Claybrook St
MemphisTN38104
144 N Auburndale St
MemphisTN38104
151 N Belvedere Blvd
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.
1320 Faxon Ave
MemphisTN38104
302 Garland St
MemphisTN38104
1066 Greenlaw Ave
MemphisTN38105
227 N Willett St
MemphisTN38112
214 Cochran Pl
MemphisTN38105
2020 Courtland Pl
MemphisTN38104
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.
1540 Tutwiler Ave
MemphisTN38107
445 Garland St
MemphisTN38104
1542 Tutwiler Ave
MemphisTN38107
1271 Poplar Ave
MemphisTN38104
286 Malvern St, Unit A
286 Malvern St
MemphisTN38104
1524 N Parkway
MemphisTN38112
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-18, Page 1 of 1
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 | $1,285 | $800 | $1,900 |
| Midtown 3 Bedroom Homes for Rent | $2,053 | $1,395 | $2,600 |
| Midtown 4 Bedroom Homes for Rent | $1,525 | $1,050 | $2,000 |
| Midtown 5 Bedroom Homes for Rent | $3,399 | $2,995 | $4,500 |
| Midtown 6 Bedroom Homes for Rent | $2,795 | $2,795 | $2,795 |
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 18 rentals with your search options within a 2 mile radius of the Midtown Neighborhood of Memphis, TN.
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Midtown, Memphis, TN Local Guide
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Cheapest Available Midtown Apartments for Rent
The cheapest available apartment rental in the Midtown area of Memphis, TN is a Studio unit found at The Pulse Apartments priced from $634. 31 S McLean Blvd 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 |
|---|---|---|---|
| The Pulse Apartments | Studio 1 Bathroom | Studio,1BA | $634 |
| 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 |
| Village Square | 2068 #2 | 1BR,1BA | $750 |
Best Value Apartments for Rent in Midtown, TN
As of June 25, 2026 the best value apartment in the Midtown area is the $1.00 price per square foot 2 Bed 2 Bath Model at 65 N Belvedere Blvd in the in the Midtown Memphis neighborhood starting from $1,350. The second greatest value Midtown apartment is the 2 Bed 1.5 Bath Model at Stonewall Apartments starting at $895 with a $0.81 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. |
|---|---|---|---|
| 65 N Belvedere Blvd | 2 Bed 2 Bath | 2BR,2BA | $1.00 |
| Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
| 641 S Rembert St, Unit 641 | 641 S Rembert St | 2BR,2BA | $0.91 |
| 34 N Idlewild St | 2BR/1.0BA | 2BR,1BA | $0.89 |
| The Broadmoor Apartments | 2BR/1.0BA | 2BR,1BA | $1.05 |
| Goodbar Townhomes | 2BR/1.0BA | 2BR,1BA | $1.04 |
| Overton Place | 2 Bedroom Gardens I | 2BR,1BA | $0.92 |
| The Biltmore - McAlpin Apartments | Single 850 | 1BR,1BA | $1.09 |
| 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!
Read Article
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, 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
What type of rentals are currently available in Midtown?
There are currently 420 Apartments for Rent in Midtown, TN with pricing that ranges from $634 to $3,400. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown ranging from $675 to $4,500.
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 $675 to $4,500 with an average monthly rent of $1,994.
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 $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,600. 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.
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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Pet-Friendly Renting: Everything You Need to Know Before You Move
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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.
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.