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

The average rent for a studio apartment in Memphis is $999 per month.

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

One-bedroom apartment rentals in Memphis rent for $1,119 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 $1,210 per month.

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How many bedrooms do you need?

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

440 rentals available

1 of 33
The View at Shelby Farms Apartments
8056 Country Squire Ln, Memphis, TN 38018
(901) 883-7929
$987+ moTotal price15-mo lease
Rent Savings
38 units available
1 bed • 2 bed
Amenities
W/D hookup, Pet friendly, Gym, Pool, Smoke-free community, Smoke-free units + more
Outdoor Haven
Pet-friendly apartments near Shelby Farms Park excitement.
Nestled near the vibrant Shelby Farms Park, The View at Shelby Farms Apartments offers a delightful escape for adventure lovers. With spacious living areas and a suite of amenities like a fitness center and sparkling pool, you'll find relaxation and recreation in perfect harmony. Plus, being pet-friendly means your furry companions are always welcome.
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Landing at Houston Levee
$954
9940 Paddle Wheel Dr, Memphis, TN 38016
(901) 582-7013
14 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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Georgian Woods
$950
2451 Union Ave 2, Memphis, TN 38112
(901) 599-2442
Rent Savings
5 units available
2 bed
Amenities
On-site laundry, Dishwasher, Pet friendly, 24hr maintenance, Parking, Recently renovated + more
Renovated Charm
Stylish living near vibrant Memphis locales.
Georgian Woods offers beautifully renovated apartments with modern amenities such as stainless steel appliances and wood-look vinyl floors. Located minutes from Cooper Young and Overton Square, residents enjoy easy access to Memphis's vibrant dining and entertainment venues. The community is pet friendly, boasting lush landscaping and a welcoming atmosphere.
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Sycamore Lake
$786
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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Best market deals
These units are the best deal in town.
1840 Marjorie St 1 Bed
1 Bed • 1 Bath • 530 sqft
Base monthly rent
$450+
Available
Now
Cute Duplex in Prospect Park 1 Bed, 1 Bath, $495
1 Bed • 1 Bath • 537 sqft
Base monthly rent
$495+
Available
Now
Newly Refreshed 1 bedroom 1 bathroom Duplex - $99 Move In Special 1 Bed, 1 Bath, $525
1 Bed • 1 Bath
Base monthly rent
$525+
Available
Now
2263 Hunter Ave 1 Bed
1 Bed • 1 Bath • 523 sqft
Base monthly rent
$525+
Available
Now
797 Richmond Ave Apt 6
2 Beds • 1 Bath
Base monthly rent
$525+
Available
Now
4.0
Indigo Riverview
$841
99 N Main St, Memphis, TN 38103
(901) 582-7356
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 .”
17 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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Stonebridge Crossing Apartments
$969
9135 Morning Ridge Road, Memphis, TN 38016
(901) 582-5885
Rent Savings
53 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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Overton Place Apartments
$725
414 N Claybrook St #1, Memphis, TN 38104
(901) 763-8466
7 units available
Studio • 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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Covington Hills
$799
4800 Raleigh Lagrange Rd, Memphis, TN 38128
(901) 883-6542
68 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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The Junction - Affordable Housing
$825
3427 Southern Avenue, Memphis, TN 38111
(901) 443-2225
19 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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El Dorado
2743 Ketchum Road, Memphis, TN 38114
(815) 605-1024
$627+ moTotal price12-mo lease
Rent Savings
8 units available
1 bed • 2 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, Pet friendly, Parking, Walk in closets + more
Great Value
Cost-effective apartments near Memphis' vibrant downtown.
El Dorado stands out with its cost-effective 1 and 2-bedroom apartments, complete with spacious layouts and contemporary touches like vinyl plank flooring and carpeted bedrooms. Located near I-240, residents enjoy easy access to downtown Memphis and vibrant local amenities. The community offers an array of conveniences including on-site laundry, a playground, and a BBQ area.
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Luxury apartments
Top units for an elevated lifestyle.
One Of Kind Home In Hedgemore! Gated Home. Landscaping Included! Over 5,000 Sq Ft! Must have owner's approval on pets, fees will apply. 5 Beds, 4.5 Baths, $6999
5 Beds • 4.5 Baths • 5012 sqft
Base monthly rent
$6,999+
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
752 ISLAND Dr 3 Bed
3 Beds • 3 Baths • 2598 sqft
Base monthly rent
$3,950+
Available
Now
NEW CONSTRUCTION 4 bedroom home in Downtown Memphis 4 Beds, 3.5 Baths, $3495
4 Beds • 3.5 Baths • 2850 sqft
Base monthly rent
$3,495+
Available
Now
The Park at Forest Hill
8285 Irene Blvd, Memphis, TN 38125
(901) 621-5827
$936+ moTotal price13-mo lease
Rent Savings
23 units available
1 bed • 2 bed
Amenities
W/D hookup, Golf room, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance + more
Scenic Serenity
Tranquil views near gorgeous golf course
Experience serene living at The Park at Forest Hill. Residents appreciate the spacious apartments, perfect for personalizing and enjoying. Pet owners will love the on-site bark park, ideal for spending quality time with their furry friends.
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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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Hickory Farms
$850
3822 Hickory Farm Dr, Memphis, TN 38115
(901) 403-8228
22 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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Iris
810 Washington Avenue, Memphis, TN 38105
(901) 610-0157
$896+ moTotal price15-mo lease
32 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, 24hr maintenance, Garage + more
Modern amenities
Stylish living in vibrant Medical District
Iris Luxury Apartments provide a perfect blend of style and convenience in the Memphis Medical District. With flexible layouts, modern renovations, and remarkable amenities like a rooftop pool and 24hr maintenance, residents enjoy unparalleled comfort. The property boasts easy access to countless restaurants and entertainment options, making it an ideal choice for those seeking a vibrant lifestyle.
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Regency at Raleigh
$740
3670 Sawmill Drive, Memphis, TN 38128
(901) 459-5787
Rent Savings
27 units available
1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Granite counters, Pet friendly, 24hr maintenance, Parking + more
Pet-Friendly Haven
Perfect blend of comfort and pet-friendly living.
The Regency at Raleigh offers inviting one, two, and three-bedroom apartments that meld comfort with pet-friendly amenities like gated access. Enjoy generously spacious living areas and private patios or balconies that tenants rave about. With nearby parks, it's a haven for pet owners and outdoor enthusiasts alike.
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Longview Heights Apartments
1953 Philsar Street, Memphis, TN 38106
(901) 450-5231
$616 moTotal price13-mo lease
Rent Savings
10 units available
2 bed
Amenities
On-site laundry, Hardwood floors, Pet friendly, Parking, Recently renovated, and Air conditioning
Pet Paradise
Quiet retreat with superb amenities near key attractions.
Longview Heights Apartments offer peaceful living with recently renovated units complete with air conditioning and hardwood floors. You'll love the convenience of on-site laundry and the comfort of pet-friendly living. Residents praise the friendly staff and the clean, well-maintained community. Its location provides easy access to South Gaye Shopping Center and FedEx, enhancing both convenience and lifestyle.
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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