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

The average rent for a studio apartment in Memphis is $1,031 per month.

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

One-bedroom apartment rentals in Memphis rent for $1,106 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

410 rentals available

1 of 33
4.0
Indigo Riverview
$904
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 .”
23 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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Landing at Houston Levee
$949
9940 Paddle Wheel Dr, Memphis, TN 38016
(901) 582-7013
23 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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Mill Creek
4537 Mill Stream Drive, Memphis, TN 38116
(901) 450-5236
$622+ 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 2770-12
1 Bed • 1 Bath • 573 sqft
Total monthly rent
$558
Available
Now
The Residences at Lakeview
$581
2774 S Mendenhall Rd, Memphis, TN 38115
(901) 403-6280
175 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
$885+ moTotal price13-mo lease
Rent Savings
8 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
$981
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
$860
3427 Southern Avenue, Memphis, TN 38111
(901) 443-2225
Rent Savings
10 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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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
$704+ moTotal price11-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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Luxury apartments
Top units for an elevated lifestyle.
1574 E WHITMAR Pl 5 Bed
5 Beds • 5 Baths • 5607 sqft
Base monthly rent
$6,250+
Available
Now
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
$5,000+
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
Lincoln at Wolfchase
$923
2460 Vintage Dr, Memphis, TN 38016
(228) 273-2969
Rent Savings
28 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance, Recently renovated + more
Serene Community
Tranquil living amidst modern amenities
Lincoln at Wolfchase offers a serene environment with modern updates that residents love. Located in the peaceful Countrywood neighborhood of Memphis, this property boasts quick access to popular destinations. Both cats and dogs are welcome, making it ideal for pet-lovers. Exceptional maintenance service and helpful staff further enhance the resident experience.
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El Dorado
2743 Ketchum Road, Memphis, TN 38114
(815) 605-1024
$558+ 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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5.0
Boulevard
$850
3860 Eaglewood Drive, Memphis, TN 38115
(901) 657-3657
Rent Savings
Top rated for Location
184 units available
1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Hardwood floors, Pet friendly, Recently renovated, Gym + more
Renovated Charm
Radiant Renovations in East Memphis
The Boulevard boasts a lively East Memphis location with easy access to dining and entertainment. Recent renovations have revitalized the interiors and amenities, providing a fresh and upscale atmosphere. Residents appreciate the inviting community, including pets of all kinds, with cats and dogs welcome.
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The Parkway
$850
3885 Ravenoak Drive, Memphis, TN 38115
(901) 446-1797
Rent Savings
106 units available
1 bed • 2 bed
Amenities
Patio / balcony, Pet friendly, 24hr maintenance, Parking, Recently renovated, Gym + more
Modern Oasis
Charming comfort in a revitalized community.
Nestled in the popular Hickory Hill neighborhood, The Parkway offers a living experience designed for comfort. This Memphis gem under new management has undergone remarkable renovations, making it a top choice for those seeking modern amenities. Residents love the responsive management and the friendly community atmosphere.
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Crossings at Fox Meadows
$850
2894 Putting Green Cove, Memphis, TN 38115
(901) 446-3487
21 units available
1 bed • 2 bed • 3 bed
Amenities
Patio / balcony, Granite counters, Hardwood floors, Pet friendly, Parking, Recently renovated + more
Luxe Living
Elegantly renovated with great amenities and value
Crossings at Fox Meadows offers beautifully renovated apartments and townhomes with standout amenities like granite countertops and a resort-style pool. Positioned in a peaceful, community-oriented neighborhood, it's just steps away from schools, parks, and popular local eateries. Residents praise the spacious living areas and the helpful, friendly staff that enhance daily living.
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Dogwood Trace
$775
4635 Forest Oak Way, Memphis, TN 38118
(901) 808-8886
30 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Pet Paradise
Ideal home for pet lovers in Memphis!
Dogwood Trace is a newly renovated gem offering an array of delightful amenities like hardwood floors and in-unit laundry across spacious apartments. Situated in charming Parkway Village, it boasts convenient access to major highways, making commutes a breeze. Residents love the responsive maintenance team and community ambiance, and both dogs and cats are warmly welcomed to this pet-friendly haven.
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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