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memphis
Last updated August 10 2020 at 3:47 AM

393 Apartments for rent in Memphis, TN

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Hickory Hill
Springhill Community Civic Club
Parkway Village
The Core
Countrywood
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Verified
Last updated August 10 at 03:35 AM
$
30 Units Available
University Area Neighborhood Association
Highland Row
395 S Highland St; Ste 128, Memphis, TN
Studio
Ask
1 Bedroom
Ask
2 Bedrooms
$1,666
1138 sqft
Studio, one-, two- and three-bedroom homes within walking distance from the University of Memphis. Air conditioning, stainless steel appliances, carpets and extra storage. Swimming pool, 24-hour gym, fire pit and clubhouse.
Verified
Last updated August 10 at 03:35 AM
43 Units Available
Edge District
The Rise
420 Monroe Avenue, Memphis, TN
Studio
Ask
1 Bedroom
$1,415
757 sqft
2 Bedrooms
$1,860
1127 sqft
Welcome home to The Rise, where ease of living meets crafted style. Brand New luxury apartments. Surrounded by natural beauty in the heart of downtown Memphis, connect at Memphis’ exclusive community catered to exceed your desires at every stage.
Verified
Last updated August 10 at 03:35 AM
20 Units Available
Bent Tree Apartments
3471 W Briarpark Dr, Memphis, TN
1 Bedroom
$445
645 sqft
2 Bedrooms
$495
1048 sqft
3 Bedrooms
$625
1109 sqft
Creekside Meadows Apartments in Memphis has it all. Within your new apartment, you will discover a diverse offering of high-quality amenities, which will enhance your lifestyle through convenience and efficiency they provide.
Verified
Last updated August 10 at 03:35 AM
10 Units Available
Lynnfield Place Apartments
5900 Cedar Forrest Drive, Memphis, TN
1 Bedroom
Ask
2 Bedrooms
$943
1160 sqft
3 Bedrooms
$1,190
1536 sqft
At Lynnfield Place Apartments in Memphis, TN, we offer thoughtfully designed one, two and three-bedroom homes in both apartment and townhome styles.
Verified
Last updated August 10 at 03:35 AM
16 Units Available
Wolfchase
Crescent at Wolfchase Apartment Homes
7819 Crescent Ridge Ln, Memphis, TN
1 Bedroom
$1,000
788 sqft
2 Bedrooms
$1,070
1021 sqft
3 Bedrooms
Ask
Located close to Highway 64 and I-40. Units have controlled access entry gate, scenic pond and 24-hour fitness center. Located close to Shelby County School District schools and the University of Memphis.
Verified
Last updated August 10 at 03:35 AM
3 Units Available
Hunters Hollow South
Cordova Creek
7965 Humphreys Hill Dr, Memphis, TN
1 Bedroom
Ask
2 Bedrooms
$1,069
1176 sqft
Comfortable apartment community that combines luxury and functionality. Units offer laminate wood floors, patios and balconies and wood-burning fireplaces. Residents have access to an on-site fitness center. Near Germantown Pkwy.
Verified
Last updated August 10 at 03:35 AM
6 Units Available
Hickory Hill
Cedar Run Apartment Homes
5958 E Point Dr, Memphis, TN
1 Bedroom
Ask
2 Bedrooms
$885
900 sqft
3 Bedrooms
$1,015
1100 sqft
Take A Virtual Tour Today! The completely renovated Cedar Run Apartments offers inviting one, two, and three-bedroom apartments for you to call home.
Verified
Last updated August 10 at 03:35 AM
8 Units Available
El Dorado
2743 Ketchum Road, Memphis, TN
1 Bedroom
$500
573 sqft
2 Bedrooms
$550
728 sqft
El Dorado invites you to live life on your own terms. Our community offers many advantages over the competition. El Dorado provides one of the most desirable and affordable communities in Memphis, TN.
Verified
Last updated August 10 at 03:35 AM
2 Units Available
Concerned Citizens Network System, Inc
Longview Heights Apartments
1953 Philsar St, Memphis, TN
2 Bedrooms
$495
788 sqft
**SPRING SPECIAL** Spring Special! $250 security deposit for well qualified applicants. $200 off second month’s rent. Additional $100 off third month’s rent, select units.
Verified
Last updated August 10 at 03:35 AM
2 Units Available
Concerned Citizens Network System, Inc
Longview Gardens
1726 S Orleans St, Memphis, TN
2 Bedrooms
$490
788 sqft
Come see us today!! Discover the thrill, excitement and glee of living in Longview Gardens Apartments. Longview Gardens is located in the South Memphis area just 5 minutes south of Downtown Memphis.
Verified
Last updated August 10 at 03:35 AM
6 Units Available
Central Gardens
The Citizen
1835 Union Avenue, Memphis, TN
1 Bedroom
$1,205
724 sqft
2 Bedrooms
$2,325
1137 sqft
Centrally located at the corner of Union Avenue and McLean Boulevard, The Citizen revitalizes a historical Midtown property to be a positive impact and serve the thriving community around it.
Verified
Last updated August 10 at 03:35 AM
7 Units Available
Richwood
The Preserve at Southwind
7991 Capilano Dr, Memphis, TN
1 Bedroom
$939
807 sqft
2 Bedrooms
Ask
3 Bedrooms
$1,415
1388 sqft
Welcome to Preserve at Southwind located in the desirable Germantown/Collierville area of Memphis, TN.
Verified
Last updated August 10 at 03:35 AM
13 Units Available
Mill Creek
4537 Mill Stream Dr, Memphis, TN
1 Bedroom
$545
702 sqft
2 Bedrooms
$615
960 sqft
3 Bedrooms
$860
1460 sqft
**SPRING SPECIAL** Spring Special! $250 security deposit for well qualified applicants. $200 off second month’s rent. Additional $100 off third month’s rent, select units. Special ends May 31, 2020.
Verified
Last updated August 10 at 03:35 AM
42 Units Available
Hunters Hollow North
The Reserve at Dexter Lake
1505 Dexter Lake Dr, Memphis, TN
1 Bedroom
$1,025
997 sqft
2 Bedrooms
$1,154
1120 sqft
3 Bedrooms
$1,604
1315 sqft
Located just moments from the Market of Wolfcreek and Walmart Supercenter, this community has its own lake, gazebo, fishing boats and athletic facility. In-unit features include spa-like bathrooms, private garages and outdoor storage.
Verified
Last updated August 10 at 03:35 AM
8 Units Available
The Summit
4981 Hidden Lake Dr, Memphis, TN
1 Bedroom
$691
673 sqft
2 Bedrooms
$933
987 sqft
3 Bedrooms
Ask
It is often said that life has its rewards. The Summit offers the lifestyle you deserve in the center of it all.
Verified
Last updated August 10 at 03:35 AM
$
10 Units Available
New Pathways
Bristol on Union
205 Pasadena Pl, Memphis, TN
1 Bedroom
$1,180
695 sqft
2 Bedrooms
$1,705
1227 sqft
3 Bedrooms
$2,165
1442 sqft
Minutes from I-240. Recently renovated with granite countertops, stainless steel appliances, walk-in closets and lots of storage. Lots of amenities, including a community garden, guest suites, coffee bar and pool. Pet-friendly with a dog park.
Verified
Last updated August 10 at 03:35 AM
3 Units Available
St. Louis Place
The Tennessee Brewery
495 Tennessee Street, Memphis, TN
1 Bedroom
$1,125
643 sqft
2 Bedrooms
Ask
Spacious homes with gourmet kitchens, 9-foot ceilings, spacious closets, and stainless steel appliances. This pet-friendly community features a fitness center and covered parking. Located just five minutes from downtown Memphis.
Verified
Last updated August 10 at 03:35 AM
16 Units Available
The Edge of Germantown Apartments
1730 Hunters Trace Dr, Memphis, TN
1 Bedroom
$1,132
647 sqft
2 Bedrooms
$1,255
953 sqft
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Verified
Last updated August 10 at 03:34 AM
18 Units Available
Edge District
Fielder Square
70 S 4th St, Memphis, TN
Studio
$1,180
562 sqft
1 Bedroom
$1,241
780 sqft
2 Bedrooms
$1,335
1132 sqft
Discover the good life at Fielder Square. This stunning community offers a variety of unique floor plans boasting full of beautifully designed architecture, curved walls, hardwood style flooring and modern amenities.
Verified
Last updated August 10 at 03:34 AM
12 Units Available
Crosstown
Parcels at Concourse
1350 Concourse Ave, Memphis, TN
Studio
$924
627 sqft
1 Bedroom
$1,249
931 sqft
2 Bedrooms
$1,499
1155 sqft
Housed in a historic building that has been re-imagined to fit within the Memphis neighborhood's vibrant reawakening, this mid-rise features tons of public areas and green spaces, retail tenants and top-of-the-line kitchens.
Verified
Last updated August 10 at 03:34 AM
6 Units Available
Poplar Place Townhomes
1669 Randolph Pl, Memphis, TN
2 Bedrooms
$1,087
1332 sqft
3 Bedrooms
$1,364
1606 sqft
Spacious two- and three-bedroom townhomes with easy access to I-40. Residents can spend their spare time in the clubhouse or outdoor swimming pool. Units feature private entry and walk-in closets.
Verified
Last updated August 10 at 03:34 AM
27 Units Available
The Core
Metro 67
67 Madison Ave, Memphis, TN
Studio
$1,368
604 sqft
1 Bedroom
$1,476
888 sqft
2 Bedrooms
$1,580
1329 sqft
Boasting either river or city views, the pet-friendly apartment community features bamboo flooring, a gym, subway tile backsplashes, and a rooftop deck. Minutes from downtown Memphis, with easy access to I-40.
Verified
Last updated August 10 at 03:34 AM
24 Units Available
Lakes of Forest Hill
Miller Creek at Germantown
3769 Skipping Stone Trce, Memphis, TN
1 Bedroom
$1,210
858 sqft
2 Bedrooms
$1,570
1154 sqft
3 Bedrooms
$1,570
1382 sqft
Spacious one-, two- and three-bedroom apartments with stainless steel appliances, granite countertops and large closets. Located in the Germantown neighborhood close to shopping and nightlife.
Verified
Last updated August 10 at 03:34 AM
20 Units Available
River Oaks
Arbors River Oaks
225 Arbor Commons Cir, Memphis, TN
1 Bedroom
$1,220
858 sqft
2 Bedrooms
$1,490
1287 sqft
3 Bedrooms
$1,780
1604 sqft
Relaxing complex featuring one to three-bedroom apartments in Germantown, East Memphis. Located next to Shelby Farms Park, near the Avron B. Fogelman Expressway. Pool, cyber cafe and fitness gallery available to residents.

Median Rent in Memphis

Last updated Jul. 2020
The median rent for a 1 bedroom apartment in Memphis is $709, while the median rent for a 2 bedroom apartment is $838.
Studio
$635
1 Bed
$709
2 Beds
$838
3+ Beds
$1,140

August 2020 Memphis Rent Report

Welcome to the August 2020 Memphis Rent Report. Memphis rents increased over the past month. In this report, we'll evaluate trends in the Memphis rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

August 2020 Memphis Rent Report

Welcome to the August 2020 Memphis Rent Report. Memphis rents increased over the past month. In this report, we'll evaluate trends in the Memphis rental market, including comparisons to cities throughout the state and nation.

Memphis rents increased slightly over the past month

Memphis rents have increased 0.2% over the past month, and are up marginally by 0.7% in comparison to the same time last year. Currently, median rents in Memphis stand at $710 for a one-bedroom apartment and $839 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in May. Memphis' year-over-year rent growth lags the state average of 1.0%, but exceeds the national average of 0.2%.

    Rents rising across cities in the Memphis Metro

    Throughout the past year, rent increases have been occurring not just in the city of Memphis, but across the entire metro. Of the largest 10 cities that we have data for in the Memphis metro, all of them have seen prices rise. Tennessee as a whole logged rent growth of 1.0% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

    • Looking throughout the metro, Franklin is the most expensive of all Memphis metro's major cities, with a median two-bedroom rent of $1,334; of the 10 largest Tennessee metro cities that we have data for, all have seen rents rise year-over-year, with Clarksville experiencing the fastest growth (+3.5%).
    • Johnson City, Southaven, and Chattanooga have all experienced year-over-year growth above the state average (3.0%, 2.2%, and 1.9%, respectively).

    Memphis rents more affordable than many other large cities nationwide

    As rents have increased marginally in Memphis, other large cities nationwide have seen rents grow more quickly. Memphis is still more affordable than most similar cities across the country.

    • Memphis' median two-bedroom rent of $839 is below the national average of $1,193. Nationwide, rents have held steady over the past year.
    • While Memphis' rents rose marginally over the past year, some cities nationwide saw increases as well, including Phoenix (+1.7%) and Detroit (+0.5%).
    • Renters will find more reasonable prices in Memphis than most comparable cities. For example, San Francisco has a median 2BR rent of $3,001, which is more than three-and-a-half times the price in Memphis.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

    Frequently Asked Questions (FAQs)

    How much is rent in Memphis?
    In Memphis, the median rent is $635 for a studio, $709 for a 1-bedroom, $838 for a 2-bedroom, and $1,140 for a 3-bedroom. For more information on rental trends in Memphis, check out our monthly Memphis Rent Report.
    What are the most popular neighborhoods in Memphis?
    Some of the most popular neighborhoods in Memphis include Hickory Hill, Springhill Community Civic Club, Parkway Village, The Core, and Countrywood.
    What colleges and universities are located in or around Memphis?
    Some of the colleges located in the Memphis area include Baptist Memorial College of Health Sciences, The University of Tennessee-Health Science Center, Christian Brothers University, University of Memphis, and Southwest Tennessee Community College. If you are looking for off-campus housing near your school, follow the links above to see apartment listings in the area.
    What cities do people live in to commute to Memphis?
    Some of the nearby cities that people commute to Memphis from include Germantown, Jonesboro, Collierville, Oxford, and Bartlett.

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