close
View Me
$6951 Bedroom Apartments Available Now
1433 Court Ave
1433 Court AveMemphis, TN 38104
Cheap Homes for Rent in Midtown Neighborhood of Memphis, TN from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown area of Memphis.
144 N Auburndale St
MemphisTN38104
1306 Carr Ave
MemphisTN38104
1320 Faxon Ave
MemphisTN38104
220 N Willett St
MemphisTN38112
1066 Greenlaw Ave
MemphisTN38105
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.
close
View Me
$1,0001 Bedroom Apartments Available Now
159 N Belvedere Blvd, Unit unit 1
159 N Belvedere BlvdMemphis, TN 38104
1271 Poplar Ave, Unit 504, Unit 504
1271 Poplar Ave
MemphisTN38104
1540 Tutwiler Ave
MemphisTN38107
1542 Tutwiler Ave
MemphisTN38107
1271 Poplar Ave
MemphisTN38104
32 N Belvedere Blvd, Unit 2, Unit 2
32 N Belvedere Blvd
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.
Showing Results 1-12, 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 | $1,301 | $800 | $2,000 |
| Midtown 3 Bedroom Homes for Rent | $1,912 | $1,295 | $2,300 |
| Midtown 4 Bedroom Homes for Rent | $2,350 | $1,950 | $2,750 |
| Midtown 5 Bedroom Homes for Rent | $3,166 | $3,000 | $3,250 |
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 12 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 Studio unit found at The Pulse Apartments priced from $634. 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 |
|---|---|---|---|
| The Pulse Apartments | Studio 1 Bathroom | Studio,1BA | $634 |
| 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, TN
As of May 10, 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 2BR/1.0BA Model at The Broadmoor Apartments starting at $995 with a $0.90 price per square foot in the Medical District 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 |
| The Broadmoor Apartments | 2BR/1.0BA | 2BR,1BA | $0.90 |
| Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
| 31 S McLean Blvd | One Bedroom | 1BR,1BA | $1.05 |
| Azur Tower | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.03 |
| Urban Peddler | 2BR 1BA | 2BR,1BA | $1.02 |
| Goodbar Townhomes | 2BR/1.0BA | 2BR,1BA | $1.04 |
| 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.
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 #13
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 414 Apartments for Rent in Midtown, TN with pricing that ranges from $634 to $7,109. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown ranging from $800 to $3,250.
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 $800 to $3,250 with an average monthly rent of $1,815.
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 $995 to $7,109, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,900.
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.
Articles, How-To's, and Tips
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.