
Cheap Homes for Rent in Midtown Neighborhood of Memphis, TN from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown area of Memphis.


128 Stonewall St

42 N Claybrook St

128 Stonewall St

218 Cochran Pl

1066 Greenlaw Ave

150 N McLean Blvd

690 N Willett St

53 N Belvedere Blvd, Unit 5

951 Faxon Ave

1667 Parktown Pl

1275 Tutwiler Ave

1769 Forest 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 | $1,501 | $775 | $2,500 |
Midtown 3 Bedroom Homes for Rent | $1,913 | $884 | $3,000 |
Midtown 4 Bedroom Homes for Rent | $2,165 | $1,395 | $2,990 |
Midtown 5 Bedroom Homes for Rent | $3,140 | $2,395 | $3,600 |
Midtown 6 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 Overton Place priced from $725. Village Square has the second lowest priced unit, which is a 1 Bed 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 |
---|---|---|---|
Overton Place | Studio | Studio,1BA | $725 |
Village Square | 2054 #3 | 1BR,1BA | $725 |
144 N. Belvedere | 2 BR, 1 BA | 2BR,1BA | $750 |
Belvedere Gardens Condominiums | 1x1 Bath | 1BR,1BA | $775 |
Pulse | A1 | 1BR,1BA | $779 |
Best Value Apartments for Rent in Midtown, TN
As of September 18, 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 41 S McLean Blvd Model at 41 S McLean Blvd, Unit #3 upstairs starting at $1,300 with a $1.00 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. |
---|---|---|---|
1468 Snowden Ave | Spacious | 2BR,1.5BA | $0.89 |
41 S McLean Blvd, Unit #3 upstairs | 41 S McLean Blvd | 2BR,2BA | $1.00 |
Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
164 N McLean Blvd, Unit 5 | 164 N McLean Blvd | 2BR,2BA | $0.95 |
Park Terrace | 2 x 1 | 2BR,1BA | $1.03 |
1855 Poplar Ave, Unit 4 | 1855 Poplar Ave | 2BR,2BA | $1.00 |
Vinton Avenue Apartments | 2BR/1.0BA | 2BR,1BA | $1.03 |
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 |
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.
Pet Friendly LifestyleMidtown, Memphis, TN
Ranked #18
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 412 Apartments for Rent in Midtown, TN with pricing that ranges from $725 to $12,450. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown ranging from $775 to $3,600.
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 $775 to $3,600 with an average monthly rent of $2,105.
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 $2,415, while Three Bedroom Homes, Condos, and Townhomes for rent range from $884 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $4,500.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.