1320 Faxon Ave
MemphisTN38104
Cheap Homes for Rent in Midtown Neighborhood of Memphis, TN from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown area of Memphis.
310 S Cleveland St
MemphisTN38104
150 N McLean Blvd
MemphisTN38104
1066 Greenlaw Ave
MemphisTN38105
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
32 N Belvedere Blvd
MemphisTN38104
1554 Tutwiler Ave
MemphisTN38107
380 N Willett St
MemphisTN38112
1552 Tutwiler Ave
MemphisTN38107
1377 Linden Ave
MemphisTN38104
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
1355 Linden Ave
MemphisTN38104
951 Faxon Ave
MemphisTN38105
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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 | $1,341 | $750 | $2,500 |
| Midtown 3 Bedroom Homes for Rent | $2,172 | $1,300 | $2,800 |
| Midtown 4 Bedroom Homes for Rent | $2,535 | $2,200 | $3,500 |
| Midtown 5 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
| Midtown 6 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 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 | 2054 #3 (Coming Soon) | 1BR,1BA | $695 |
| Overton Place | Studio | Studio,1BA | $725 |
| Idlewild Terrace | 1BR/1.0BA | 1BR,1BA | $750 |
| Belvedere Gardens Condominiums | 1x1 Bath | 1BR,1BA | $775 |
| The Courtyard at Monroe | 1 Bed 1 Bath | 1BR,1BA | $799 |
Best Value Apartments for Rent in Midtown, TN
As of June 19, 2025 the best value apartment in the Midtown area is the $0.89 price per square foot Spacious Model at 1468 Snowden Ave in the in the Midtown Memphis neighborhood starting from $1,500. 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. |
|---|---|---|---|
| 1468 Snowden Ave | Spacious | 2BR,1.5BA | $0.89 |
| Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
| Urban Peddler | 2BR 1BA | 2BR,1BA | $1.13 |
| Overton Garden Apartments | 2151 Poplar Ave 1-A (Coming Soon) | 2BR,2BA | $1.23 |
| Parkside Poplar Apartments | 1 Bedroom | 1BR,1BA | $1.05 |
| Peabody Place | One Bedroom | 1BR,1BA | $1.13 |
| The Biltmore - McAlpin Apartments | Studio | 1BR,1BA | $1.20 |
| The Drew | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.14 |
| Idlewild Terrace | 1BR/1.0BA | 1BR,1BA | $1.11 |
| Village Square | 2054 #3 (Coming Soon) | 1BR,1BA | $1.21 |
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Frequently Asked Questions about Midtown
What type of rentals are currently available in Midtown?
There are currently 409 Apartments for Rent in Midtown, TN with pricing that ranges from $634 to $16,560. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown ranging from $750 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 $750 to $3,995 with an average monthly rent of $2,406.
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 $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,400.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.