close
View Me
Cheap Homes for Rent in Midtown Neighborhood of Memphis, TN from $800 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown area of Memphis.
close
View Me
139 N Claybrook St
MemphisTN38104
1066 Greenlaw Ave
MemphisTN38105
690 N Willett St
MemphisTN38107
585 N Avalon St
MemphisTN38112
53 N Belvedere Blvd, Unit 5
53 N Belvedere Blvd
MemphisTN38104
2020 Courtland Pl
MemphisTN38104
517 S Barksdale St
MemphisTN38104
951 Faxon Ave
MemphisTN38105
637 N Willett St
MemphisTN38107
1275 Tutwiler Ave
MemphisTN38107
1667 Parktown Pl
MemphisTN38104
1845 Galloway Ave
MemphisTN38112
1401 Linden Ave
MemphisTN38104
1540 Tutwiler Ave
MemphisTN38107
154 N Auburndale St
MemphisTN38104
Showing Results 1-17, 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 | $1,479 | $925 | $2,500 |
| Midtown 3 Bedroom Homes for Rent | $1,788 | $1,150 | $2,495 |
| Midtown 4 Bedroom Homes for Rent | $2,198 | $1,425 | $3,950 |
| Midtown 5 Bedroom Homes for Rent | $2,960 | $2,200 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 17 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 $625. Pulse has the second lowest priced unit, which is a Studio apartment currently listed from $634. Here are the most affordable Midtown apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Square | 2068 #3 | 1BR,1BA | $625 |
| Pulse | S1 | Studio,1BA | $634 |
| Overton Place | Studio | Studio,1BA | $725 |
| 31 S McLean Blvd | Studio | Studio,1BA | $725 |
| 144 N. Belvedere | 2 BR, 1 BA | 2BR,1BA | $750 |
Best Value Apartments for Rent in Midtown, TN
As of November 03, 2025 the best value apartment in the Midtown area is the $0.69 price per square foot 4 Bedroom Model at Barksdale Flats in the in the East Memphis neighborhood starting from $1,595. The second greatest value Midtown apartment is the 41 S McLean Blvd Model at 41 S McLean Blvd, Unit #3 upstairs starting at $1,200 with a $0.92 price per square foot in the East 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. |
|---|---|---|---|
| Barksdale Flats | 4 Bedroom | 4BR,2BA | $0.69 |
| 41 S McLean Blvd, Unit #3 upstairs | 41 S McLean Blvd | 2BR,2BA | $0.92 |
| Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
| Park Terrace | 2 x 1 | 2BR,1BA | $1.03 |
| Urban Peddler | 2BR 1BA | 2BR,1BA | $1.13 |
| Goodbar Townhomes | 2BR/1.0BA | 2BR,1BA | $1.09 |
| Parkside Poplar Apartments | 1 Bedroom | 1BR,1BA | $1.05 |
| Peabody Place | One Bedroom | 1BR,1BA | $1.13 |
| 144 N. Belvedere | 2 BR, 1 BA | 2BR,1BA | $1.00 |
| Village Square | 2038 #4 | 1BR,1BA | $1.09 |
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.
Let everyone know!
Do you know the Midtown area?
If you’re an expert on all things Midtown, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleMidtown, Memphis, TN
Ranked #16
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 411 Apartments for Rent in Midtown, TN with pricing that ranges from $625 to $12,438. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown ranging from $895 to $3,950.
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 $3,950 with an average monthly rent of $1,908.
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 $1,375 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,595.
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.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.