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

The average rent for a studio apartment in Memphis is $1,014 per month.

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

One-bedroom apartment rentals in Memphis rent for $1,123 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 $1,202 per month.

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How many bedrooms do you need?

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

562 rentals available

The Annex of Memphis - Student Housing
$645
3601 Midland Avenue, Memphis, TN 38111
(901) 582-8334
6 units available
Studio • 2 bed • 3 bed • 4 bed
Amenities
In unit laundry, Pet friendly, Garage, Gym, Smoke-free community, Smoke-free units + more
Student Paradise
Ideal for Student Living and Convenience
The Annex of Memphis is perfect for students, offering vibrant living near the University of Memphis. This dynamic community boasts a range of amenities including a fitness center and high-speed internet. With both downtown Memphis and campus easily accessible, it’s a lively spot for both study and leisure.
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Barron Court
$750
1175 Barron Court, Memphis, TN 38114
(901) 437-6369
Rent Savings
4 units available
2 bed
Amenities
W/D hookup, Patio / balcony, Hardwood floors, Pet friendly, 24hr maintenance, Parking + more
Pet Friendly
Perfect for pet owners, enjoy Memphis convenience.
Barron Court offers charming apartments in Memphis with vast pet-friendly options, allowing both dogs and cats. Residents enjoy efficient maintenance, a quiet environment, and are ideally located near the University of Memphis and various entertainment and dining options. With enticing amenities such as large closets, fully equipped kitchens, and off-street parking, this community offers a well-rounded living experience.
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Newly Renovated House on a quiet Street
$695
701 Lyman Avenue, Memphis, TN 38107
(901) 657-4380
1 unit available
2 bed
Amenities
Recently renovated, Air conditioning, and Range
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Quimby Plaza Apartment
$1,000
198 North Pauline Street, Memphis, TN 38105
(901) 668-7133
Rent Savings
5 units available
1 bed • 2 bed
Amenities
In unit laundry, Granite counters, Dishwasher, 24hr maintenance, Parking, Stainless steel + more
Convenient Living
Vibrant city living with prime amenities and access.
Quimby Plaza Apartment offers residents the joy of spacious, pet-friendly homes with modern kitchens and in-unit laundry. Enjoy the luxury of a private balcony or patio and a smoke-free environment. Located in Memphis' medical district, this community is close to entertainment hubs like Beale Street and FedEx Forum.
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Best market deals
These units are the best deal in town.
Longview Gardens 17463
2 Beds • 1 Bath • 788 sqft
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1082 Palmetto Avenue 1 Bed
1 Bed • 1 Bath • 559 sqft
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Cute Duplex in Prospect Park 1 Bed, 1 Bath, $525
1 Bed • 1 Bath • 537 sqft
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2263 Hunter Avenue 1 Bed
1 Bed • 1 Bath • 523 sqft
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2261 Hunter Avenue 1 Bed
1 Bed • 1 Bath • 528 sqft
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Completely Renovated House in central location
$925
406 West Brooks Road, Memphis, TN 38109
(901) 676-6910
1 unit available
2 bed
Amenities
Recently renovated and Range
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The Midtowner
$999
199 South McLean Boulevard, Memphis, TN 38104
(901) 660-9134
1 unit available
2 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, and Parking
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Glendale Park Apartments - Senior Housing
$800
3910 Stuart Road, Memphis, TN 38111
(901) 883-7526
8 units available
1 bed
Amenities
On-site laundry, Patio / balcony, Pet friendly, Walk in closets, Green community, Package receiving + more
Senior Sanctuary
Perfect for active and engaged senior living.
Glendale Park Apartments in Memphis offers a vibrant setting for those 55 and over, featuring enjoyable activities and exceptional service. Located in Sherwood Forest, you'll find schools, parks, and restaurants within walking distance. Pet-friendly amenities and a secure environment make it an ideal choice for companion animals.
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Madison Midtown
$944
1544 Madison Avenue, Memphis, TN 38104
(901) 657-4960
26 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Modern Comfort
Luxury living in Midtown Memphis
Welcome to Madison Midtown, offering luxurious living spaces in the heart of Memphis. Located conveniently close to shopping, dining, and entertainment options, this property provides easy access to everything you need. Residents love the modern apartments and impressive amenities including a state-of-the-art fitness center and resort-style pool. With both cats and dogs welcome, it's a pet-friendly haven for all.
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Foote Park at South City
$955
410 South Danny Thomas Boulevard, Memphis, TN 38126
(901) 627-3853
Rent Savings
affordable
84 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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The Parkway
$850
3885 Ravenoak Drive, Memphis, TN 38115
(901) 446-1797
Rent Savings
91 units available
1 bed • 2 bed • 3 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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Luxury apartments
Top units for an elevated lifestyle.
2983 LAMAR 0 Bed
Studio • 2 Baths
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1515 GOODBAR 5 Bed
5 Beds • 4 Baths
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1857 East Holmes Road 3 Bed
3 Beds • 3 Baths • 3200 sqft
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5587 S ASHLEY 6 Bed
6 Beds • 3 Baths
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156 N TUCKER 6 Bed
6 Beds • 2 Baths
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The Brooklyn
$815
3095 Autumnwood Avenue, Memphis, TN 38115
(901) 673-8804
7 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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Stonebridge Crossing Apartments
$1,001
9135 Morning Ridge Road, Memphis, TN 38016
(901) 582-5885
Rent Savings
62 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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Mill Creek
$629
4537 Mill Stream Drive, Memphis, TN 38116
(901) 450-5236
Rent Savings
23 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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El Dorado
$613
2743 Ketchum Road, Memphis, TN 38114
(815) 605-1024
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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4.0
The Franklin
$944
7991 Capilano Dr, Memphis, TN 38125
(901) 445-9519
Top rated for Amenities
“The apartments overall are nice as hell! It’s quiet its clean the only thing i don’t like is the trash people leave trash juice all over the stairs i would rather take my own trash out if that’s the case! Staff is good for the most part and my apartment is very much worth the price. Been living in the preserve since June and i love it honestly.”
20 units available
1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Convenient Amenities
Residents love vibrant locale and community features.
The Franklin stands out with its impressive amenities, including a fitness center, swimming pool, and well-maintained community features. It's situated in a peaceful neighborhood in Memphis, offering convenient access to shopping centers and major highways. Residents appreciate the responsive management and the safe, quiet environment, enhancing their living experience.
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Student Lofts at Brister, Bldg 106
$695
613 Brister Street, Memphis, TN 38111
(901) 665-3617
1 unit available
1 bed
Amenities
In unit laundry, Patio / balcony, and Parking
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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