3042 McAdoo Ave
MemphisTN38112
Cheap Homes for Rent in University District Memphis, TN from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the University District area of Memphis.
3571 Midland Ave
MemphisTN38111
2966 Yale Ave
MemphisTN38112
3336 Southern Ave
MemphisTN38111
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.
44 N Holmes St
MemphisTN38111
3089 Waynoka Ave
MemphisTN38111
3117 Yale Ave
MemphisTN38112
118 Eastview Dr
MemphisTN38111
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.
108 N Greer St
MemphisTN38111
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University District, Memphis, TN Local Guide
How much does it cost to rent a home in University District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University District 2 Bedroom Homes for Rent | $1,193 | $795 | $2,100 |
| University District 3 Bedroom Homes for Rent | $1,696 | $1,250 | $2,195 |
| University District 4 Bedroom Homes for Rent | $2,466 | $1,800 | $2,800 |
| University District 5 Bedroom Homes for Rent | $5,340 | $5,340 | $5,340 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the University District Neighborhood of Memphis, TN.
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University District, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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Cheapest Available University District Apartments for Rent
The cheapest available apartment rental in the University District area of Memphis, TN is a 4 Beds unit found at Yugo Memphis Southern priced from $599. Tillman Cove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable University District apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yugo Memphis Southern | 4 Bed, 4 Bath Classic | 4BR,4BA | $599 |
| Tillman Cove | 1-A TYPE B 70% | 1BR,1BA | $750 |
| Den Apartments | 1 BR | 1BR,1BA | $750 |
Best Value Apartments for Rent in University District, TN
As of October 25, 2025 the best value apartment in the University District area is the $1.45 price per square foot 2 BR-W/D-End Unit Model at Den Apartments in the in the East Memphis neighborhood starting from $1,350. The second greatest value University District apartment is the 2Bed / 2Bath A Model at Nine At Memphis starting at $905 with a $1.11 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for University District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Den Apartments | 2 BR-W/D-End Unit | 2BR,1BA | $1.45 |
| Nine At Memphis | 2Bed / 2Bath A | 2BR,2BA | $1.11 |
| Kiwi Goji | Goji 1x1 Townhome | 1BR,1BA | $1.87 |
| Yugo Memphis Southern | 2 Bed, 2 Bath Plus | 2BR,2BA | $1.14 |
| Greenline Apartments | 1BR | 1BR,1BA | $1.42 |
| Tillman Cove | 1-A TYPE B 70% | 1BR,1BA | $1.15 |
| The Tower at Kent | 1 Bedroom / 1 Bathroom Silver | 1BR,1BA | $1.56 |
| Highland Row | Hines | Studio ,1BA | $2.07 |
| Monarch on Highland | MHLA1 | 1BR,1BA | $2.54 |
| Element Apartments at Highland | Studio | Studio ,1BA | $2.79 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Pet Friendly LifestyleUniversity District, Memphis, TN
Ranked #55
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about University District
What type of rentals are currently available in University District?
There are currently 46 Apartments for Rent in University District, TN with pricing that ranges from $599 to $7,561. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in University District ranging from $690 to $5,340.
What is the current price range for Rental Homes in University District?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University District ranges from $690 to $5,340 with an average monthly rent of $2,291.
How much are larger Three and Four Bedroom Rentals in University District?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University District range from $759 to $2,366, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,195. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $599.
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.