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

The average rent for a studio apartment in Memphis is $1,019 per month.

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

One-bedroom apartment rentals in Memphis rent for $1,115 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

451 rentals available

1 of 8
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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Georgian Woods
$979
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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4.0
Indigo Riverview
$966
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 .”
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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The Courts Midtown
1391 Court Avenue, Memphis, TN 38104
(901) 599-2591
$865+ moTotal price13-mo lease
Rent Savings
14 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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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
2263 Hunter Ave 1 Bed
1 Bed • 1 Bath • 523 sqft
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
Cute Duplex in South Memphis 1 Bed, 1 Bath, $550
1 Bed • 1 Bath • 562 sqft
Base monthly rent
$550+
Available
Now
Overton Place Apartments
$725
414 N Claybrook St #1, Memphis, TN 38104
(901) 763-8466
9 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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Creekside Meadows Apartment
3471 West Briarpark Drive, Memphis, TN 38116
(901) 472-7635
$581+ 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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The Park at Forest Hill
8285 Irene Blvd, Memphis, TN 38125
(901) 621-5827
$982+ moTotal price12-mo lease
Rent Savings
24 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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The Junction
$767
3427 Southern Avenue, Memphis, TN 38111
(901) 443-2225
31 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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The Bowery
$771
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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El Dorado
2743 Ketchum Road, Memphis, TN 38114
(815) 605-1024
$613+ 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, $6495
5 Beds • 4.5 Baths • 5012 sqft
Base monthly rent
$6,495+
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
59 N Willett St 5 Bed
5 Beds • 4 Baths • 7405 sqft
Base monthly rent
$3,495+
Available
Now
5.0
The Summit
4981 Hidden Lake Drive, Memphis, TN 38128
(440) 709-8097
$826+ moTotal price12-mo lease
Rent Savings
Top rated for Location
19 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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Iris
810 Washington Avenue, Memphis, TN 38105
(901) 610-0157
$906+ moTotal price12-mo lease
30 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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Lincoln at Wolfchase
$971
2460 Vintage Dr, Memphis, TN 38016
(228) 273-2969
Rent Savings
24 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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The Parkway
$850
3885 Ravenoak Drive, Memphis, TN 38115
(901) 446-1797
105 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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Foote Park at South City
410 South Danny Thomas Boulevard, Memphis, TN 38126
(901) 627-3853
$955+ moTotal price6-mo lease
55 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Gym, Pool + more
Urban Oasis
Perfect blend of location and luxury amenities.
Foote Park at South City shines with its prime location near Beale Street and the FedExForum, providing residents with easy access to Memphis' vibrant dining, shopping, and entertainment scene. Its luxurious amenities, including a gym, pool, and business center, create a comfortable and modern living experience visitors have praised. Cat and dog owners will be delighted to know that the property is pet-friendly. Residents also enjoy proximity to scenic walking trails along the Mississippi River.
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Crossings at Fox Meadows
$850
2894 Putting Green Cove, Memphis, TN 38115
(901) 446-3487
19 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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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