How expensive is it to rent a studio apartment in Memphis?

The average rent for a studio apartment in Memphis is $1,029 per month.

How much is rent for a one-bedroom apartment in Memphis?

One-bedroom apartment rentals in Memphis rent for $1,110 per month.

What is the typical rent for a two-bedroom apartments in Memphis?

The average rent for a two-bedroom apartment in Memphis is $1,204 per month.

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How many bedrooms do you need?

Apartments for Rent in Memphis, TN under $1,000

436 rentals available

1 of 31
Landing at Houston Levee
$969
9940 Paddle Wheel Dr, Memphis, TN 38016
(901) 582-7013
21 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Walk in closets, Gym + more
Convenient Enjoyment
Modern amenities and perfect commuting location.
The Landings at Houston Levee offers an ideal blend of convenience and luxury. Located near I-40 and HWY-64, it provides easy access to the vibrant city of Memphis. Residents love the spacious layouts and modern amenities, including expansive kitchens and large walk-in closets. With both cats and dogs welcomed, it’s perfect for pet enthusiasts seeking a comfortable and well-connected community.
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Sycamore Lake
$766
2174 Westchester Dr, Memphis, TN 38134
(901) 459-3114
10 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Serene Retreat
Peaceful Lakeside Living Awaiting You
Discover serene living at Sycamore Lake Apartments, where spacious homes meet tranquility. Enjoy top-tier amenities like a fitness center, oversized pool, and clubhouse, all within a welcoming community. Cats and dogs are welcome to join this pet-friendly environment.
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4.0
Indigo Riverview
$915
99 N Main St, Memphis, TN 38103
(901) 582-7356
Rent Savings
Top rated for Location
“The website mentions parking but you have to pay for parking , The rent is too high to not have free parking. I dislike I cannot cut the air /heat on myself by this being an old building. My neighbors above me forgets we’re in apts. we pay for pest control but nobody’s exterminating The reps in the office are nice though .”
22 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
River Views
Enjoy stunning Mississippi River views.
Indigo Riverview offers breathtaking sights of the Mississippi River right from your window. With its prime location in downtown Memphis, residents enjoy easy access to vibrant restaurants, efficient public transportation, and top downtown attractions. Recent renovations with updated interiors enhance the living experience in a high-rise that is both dog and cat-friendly.
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Mill Creek
4537 Mill Stream Drive, Memphis, TN 38116
(901) 450-5236
$637+ moTotal price13-mo lease
Rent Savings
27 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Cable included + more
Community Appeal
Valued for comfort and strong sense of community.
Mill Creek Apartments in Memphis is a charming and inviting community, offering spacious apartments with modern amenities. This pet-friendly community is perfect for those seeking comfort and value in a peaceful and friendly environment. Enjoy nearby entertainment and dining options with the convenience of major transportation routes.
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Best market deals
These units are the best deal in town.
2263 Hunter Ave 1 Bed
1 Bed • 1 Bath • 523 sqft
Base monthly rent
$525+
Available
Now
1452 Ethlyn Ave 1
1 Bed • 1 Bath
Base monthly rent
$525+
Available
Now
Charming 1 Bed / 1 Bath Duplex in Memphis – Convenient & Affordable Living 1 Bed, 1 Bath, $550
1 Bed • 1 Bath
Base monthly rent
$550+
Available
Now
3468 Bowen Avenue 4
1 Bed • 1 Bath
Base monthly rent
$550+
Available
Now
El Dorado 2783-08
1 Bed • 1 Bath • 573 sqft
Total monthly rent
$563
Available
Now
The Residences at Lakeview
$581
2774 S Mendenhall Rd, Memphis, TN 38115
(901) 403-6280
187 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, 24hr maintenance, Recently renovated, Gym + more
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The Courts Midtown
1391 Court Avenue, Memphis, TN 38104
(901) 599-2591
$863+ moTotal price13-mo lease
Rent Savings
7 units available
Studio • 1 bed
Amenities
24hr laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Convenience Hub
Modern haven in prime Midtown Memphis location.
Situated near the Medical District, The Courts Midtown Apartments offer vibrant living with a pet-friendly ethos. Residents rave about the modern interiors, complete with luxury vinyl floors and abundant natural light from oversized windows. With private courtyards and sundecks for relaxation, this community caters to a lifestyle of connectivity and convenience.
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Stonebridge Crossing Apartments
$978
9135 Morning Ridge Road, Memphis, TN 38016
(901) 582-5885
Rent Savings
54 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Modern Community
Vibrant Cordova Apartments with Modern Amenities
Stonebridge Crossing Apartments offer a vibrant and welcoming community in Cordova, Memphis. Residents enjoy a variety of amenities such as a refreshing swimming pool, modern fitness center, and on-site tennis court. Rave reviews highlight the friendly atmosphere with regular community events and well-maintained, stylish apartments.
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The Junction
$854
3427 Southern Avenue, Memphis, TN 38111
(901) 443-2225
Rent Savings
25 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Renovated Excellence
Beautifully Renovated Apartments in Prime University Location
The Junction offers beautifully renovated apartments in the heart of Memphis' University District. Enjoy modern amenities like hardwood floors, walk-in closets, and a fitness center, perfect for a dynamic lifestyle. With easy access to local attractions and a friendly community vibe, it's an ideal choice for those seeking contemporary comfort.
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Hickory Farms
$799
3822 Hickory Farm Dr, Memphis, TN 38115
(901) 403-8228
Rent Savings
24 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Pet Paradise
Exclusive pet-friendly home with spacious living areas.
Hickory Farms in the vibrant Hickory Hill neighborhood of Memphis offers a haven for pet lovers with its fantastic on-site dog park. Priced below the metro average, this delightful community features impressive amenities like a sparkling pool, BBQ grills, and in-unit laundry options. Its location provides easy access to Memphis’s shopping, dining, and entertainment, making everyday life convenient and enjoyable.
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Covington Hills
$799
4800 Raleigh Lagrange Rd, Memphis, TN 38128
(901) 883-6542
64 units available
1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Pet friendly, Parking, Dog park, Playground + more
Pet Paradise
Convenient living with ample amenities and pet-friendly spaces.
Covington Hills Apartments boasts spacious living areas and abundant storage, making it ideal for a comfortable lifestyle. The pet-friendly environment includes a popular on-site dog park and a playground, perfect for families and pet owners alike. Enjoy the convenience of off-street parking and the helpful, efficient service from the leasing team.
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Luxury apartments
Top units for an elevated lifestyle.
5711 SHADY GROVE Rd 5 Bed
5 Beds • 6 Baths • 5679 sqft
Base monthly rent
$6,200+
Available
Now
415 S YATES Rd S 5 Bed
5 Beds • 6 Baths • 6013 sqft
Base monthly rent
$5,500+
Available
Now
1515 GOODBAR Ave 5 Bed
5 Beds • 4 Baths • 3736 sqft
Base monthly rent
$4,900+
Available
Now
264 N MCNEIL St 6 Bed
6 Beds • 3 Baths • 4009 sqft
Base monthly rent
$4,000+
Available
Now
752 ISLAND Dr 3 Bed
3 Beds • 3 Baths • 2598 sqft
Base monthly rent
$3,950+
Available
Now
Creekside Meadows Apartment
3471 West Briarpark Drive, Memphis, TN 38116
(901) 472-7635
$695+ moTotal price13-mo lease
Rent Savings
17 units available
1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Hardwood floors, Dishwasher, Pet friendly, Parking, Recently renovated + more
Community Comfort
Cost-effective living near Memphis conveniences.
Creekside Meadows offers a welcoming community atmosphere complete with spacious apartments and updated appliances. Enjoy the conveniences of Memphis life with nearby amenities such as easy transportation access and proximity to major workplaces like Fed-Ex. This is a pet-friendly environment where both cats and dogs are welcome, making it an excellent choice for pet owners.
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Overton Place Apartments
$725
414 N Claybrook St #1, Memphis, TN 38104
(901) 763-8466
6 units available
1 bed • 2 bed
Amenities
Pet friendly, 24hr maintenance, Parking, E-payments, Online portal, CC payments + more
Historic Charm
Prime Midtown, modern amenities, walkable lifestyles.
Overton Place Apartments offer a prime Midtown location near vibrant downtown Memphis. Enjoy spacious layouts with modern touches like hardwood floors and walk-in closets. Residents appreciate its walkability, making everyday activities convenient and enjoyable. With a pet-friendly policy, including both cats and dogs, it's perfect for any pet owner.
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Highland Meadows
$725
5001 Airways Blvd, Memphis, TN 38116
(901) 660-8251
2 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Tranquil Haven
Spacious homes in a peaceful gated community.
Highland Meadows offers a serene lifestyle with its lush landscaping, gated access, and spacious apartments. Reviews highlight the friendly neighbors and professional management team, enhancing the community feel. Enjoy on-site amenities like a gym and pool, and relax knowing your pets are welcome.
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5.0
The Summit
4981 Hidden Lake Drive, Memphis, TN 38128
(440) 709-8097
$777+ moTotal price13-mo lease
Rent Savings
Top rated for Location
20 units available
1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Pet friendly, Parking, Recently renovated, Gym + more
Serene Living
Tranquil oasis with impressive amenities.
The Summit offers a peaceful retreat with charming amenities such as a picturesque pool and a welcoming community atmosphere. Residents love the well-maintained grounds and the friendly, efficient staff. Enjoy the convenience of being within walking distance of delightful parks and eateries.
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The Bowery
$806
6332 Village Grove Dr, Memphis, TN 38115
(901) 675-7977
Rent Savings
4 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Stainless steel, Walk in closets + more
Comfort and Convenience
Exceptional living with modern amenities in Memphis.
Experience unparalleled comfort at The Bowery Apartments in vibrant Memphis. Enjoy in-unit laundry, a refreshing pool, and a state-of-the-art gym. Cats and dogs are warmly welcomed, and the community is renowned for its friendly atmosphere and supportive staff, ensuring a smooth move-in experience.
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The Brooklyn
$881
3095 Autumnwood Avenue, Memphis, TN 38115
(901) 673-8804
Rent Savings
5 units available
1 bed • 2 bed
Amenities
In unit laundry, Gym, Pool, and Clubhouse
Modern Comfort
Stylish living with modern amenities in Memphis.
The Brooklyn Apartments in Memphis offers a stylish and comfortable living experience. With in-unit laundry, a gym, pool, and clubhouse, residents enjoy a host of amenities. The community is praised for its quiet environment and prompt maintenance support, making it a top choice for those seeking convenience and peace.
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Frequently Asked Questions (FAQs)

City Guide for Memphis, TN

There's a town that I call home, where all the streets are paved with soul. Down on Beale there's a honky-tonk bar, so hear the wail of a blues guitar. Have a beer and drop a dime in the blind man's jar. The blues sing softly in the air, like a Sunday morning prayer. Just one more drink and you'll see God everywhere. Like a sad old melody that cheers you up, it sets you free. And that's how Memphis lives in me." (-Bon Jovi, "Memphis Lives In Me").

Memphis Tennessee is an iconic place in so many ways

View Memphis City Guide