selected.
of neighborhoods selected. We’ll search anywhere in .
Start your Memphis apartment search!
Select how many bedrooms you want.
S
Studio
1
Bed
2
Beds
3+
Beds
What are you looking to pay?
Where are you looking to move?
Please enter a location.
Where do you work or go to school?
We'll show you how far the commute is
to the places you go to the most.
Please enter a location or skip.
I want to live within
How do you get there?
I drive (without traffic)
I drive (in traffic)
I ride public transit
I bike
What do you prefer?
On-site laundry
In-unit laundry
Washer/dryer connections
What about parking?
Garage
Parking
What other features do you want?
Hardwood Floors
Dishwasher
Air Conditioning
Patio/Balcony
Pool
Gym
What pets do you have?
Dog
Cat
I care most about
Getting all my features
Staying in the location I want
Having the cheapest price
Don’t worry, this won’t remove any matches
About when would you like to move in?
1
I’m just looking
2
I want to move, but I’m not in a hurry
3
I need to move, but can be a little flexible
4
I’ve gotta move!
What lease length are you looking to sign?
Are you signing a lease with anyone else?
A cosigner
Roommates, partner, etc.
Me, myself, and I
What's your monthly household income, before taxes?
Be sure to include the total income from all adults.
(We use this to save you time & help you find rents you will qualify for.)
Great! Your income qualifies you for the rent you chose.
So you know, apartments typically require your monthly income to be 2-3x the rent. Exact income requirements may vary, so always double-check with the apartment.
Apartments require 2-3x the rent in monthly income
Your monthly income only qualifies for a max rent of . Do you want to change your max rent?
Yes
Yes. Set my max rent to
No
No, I'll stick with
Did you know apartments require 2-3x the rent in monthly income?
Depending on your exact income you may not qualify for all apartments up to $500.
Have you been evicted?
No
I've never been evicted
Yes
I've been evicted
How did you hear about Apartment List?
Please select all that apply.
Friend or Family
TV / Streaming Video
Radio / Streaming Audio
Google
Billboard
Postcard / Snail Mail
Facebook
Other
Let’s find that perfect home
We’ll get started finding you the best out there. But first, let’s learn a little more about you.
Renters love us!
We’re rated 4.5 out of 5 because renters have so much success finding places they love.
Oops! Please enter an email.
Welcome to Apartment List
Looks like you've been here before. Welcome back.
Please log in to use this email.
Invalid email or password.
We've sent a password reset email with instructions to
You can close this window
Make your results better
Personalize your results by telling us what you think of your first three matches.
Get pre-qualified for top apartments
Apartments typically require your monthly income to be 2-3x the rent. Based on what you’d like to pay, you should make around or more.
Yes
I make about per month
No
I want to adjust my rent

329 Apartments under 800 for rent in Memphis, TN

Last updated October 16 at 1:05pm UTC
Hickory Farm
3822 Hickory Farms Dr
Memphis, TN
Updated October 16 at 12:48pm UTC
1 Bedroom
Ask
2 Bedrooms
$785
Ten Mile Creek
2718 Claudette Rd
Memphis, TN
Updated October 16 at 12:05pm UTC
1 Bedroom
$420
2 Bedrooms
$490
3 Bedrooms
$575
The Summit
4981 Hidden Lake Dr
Memphis, TN
Updated October 16 at 1:04pm UTC
1 Bedroom
$626
2 Bedrooms
$705
3 Bedrooms
Ask
Legacy at the Parkway
6420 Knight Arnold Rd
Memphis, TN
Updated September 13 at 11:11pm UTC
1 Bedroom
$549
2 Bedrooms
$749
Stratum on Highland
510 S Highland St
Memphis, TN
Updated June 22 at 3:45pm UTC
Studio
$1,049
2 Bedrooms
$779
4 Bedrooms
$589
133 Jeanne Dr
Valley Forge
Memphis, TN
Updated October 16 at 1:03pm UTC
3 Bedrooms
$795
4214 Bayliss
Berclair - Highland Heights
Memphis, TN
Updated October 16 at 1:02pm UTC
3 Bedrooms
$695
2275 Longstreet Dr.
Castalia
Memphis, TN
Updated October 16 at 1:02pm UTC
2 Bedrooms
$775
1947 Tulsa
Memphis
Memphis, TN
Updated October 16 at 12:55pm UTC
4 Bedrooms
$595
6610 Hartford Drive
Memphis
Memphis, TN
Updated October 16 at 12:54pm UTC
3 Bedrooms
$795
371 S Orleans St
New Pathways
Memphis, TN
Updated October 16 at 2:24am UTC
2 Bedrooms
$375
585 E Pkwy S
East Midtown
Memphis, TN
Updated October 16 at 2:24am UTC
2 Bedrooms
$795
5268 BRADEN DR
Memphis
Memphis, TN
Updated October 16 at 10:51am UTC
3 Bedrooms
$695
4322 ELMRIDGE ST #1
Oakhaven
Memphis, TN
Updated October 16 at 10:51am UTC
3 Bedrooms
$775
4248 FREDERICKS AVE
Memphis
Memphis, TN
Updated October 16 at 10:51am UTC
3 Bedrooms
$715
988 Chatwood St
Berclair - Highland Heights
Memphis, TN
Updated October 16 at 1:02pm UTC
2 Bedrooms
$725
3923 Jackson Ave
Berclair - Highland Heights
Memphis, TN
Updated October 16 at 2:25am UTC
2 Bedrooms
$575
1777 Gowan Dr
Memphis
Memphis, TN
Updated October 16 at 2:25am UTC
2 Bedrooms
$450
1751 Gowan Dr
Memphis
Memphis, TN
Updated October 16 at 2:25am UTC
2 Bedrooms
$450

October 2018 Memphis Rent Report

Welcome to the October 2018 Memphis Rent Report. Memphis rents remained steady over the past month. In this report, we'll evaluate trends in the Memphis rental market, including comparisons to cities throughout the state and nation.

View full Memphis Rent Report
Rent Report
Memphis

October 2018 Memphis Rent Report

Welcome to the October 2018 Memphis Rent Report. Memphis rents remained steady over the past month. In this report, we'll evaluate trends in the Memphis rental market, including comparisons to cities throughout the state and nation.

Memphis rent trends were flat over the past month

Memphis rents have declined 0.1% over the past month, but have remained steady at 0.1% in comparison to the same time last year. Currently, median rents in Memphis stand at $700 for a one-bedroom apartment and $820 for a two-bedroom. Memphis' year-over-year rent growth lags the state average of 0.6%, as well as the national average of 0.9%.

Rents rising across cities in the Memphis Metro

Throughout the past year, rents have remained steady in the city of Memphis, but other cities across the entire metro have seen rents increase. Of the largest 10 cities that we have data for in the Memphis metro, 9 of them have seen prices rise. Tennessee as a whole logged rent growth of 0.6% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

  • Looking throughout the metro, Franklin is the most expensive of all Memphis metro's major cities, with a median two-bedroom rent of $1,300; of the 10 largest cities in the metro that we have data for, Nashville, where a two-bedroom goes for $1,120, is the only major city to see rents fall year-over-year (-0.9%).
  • Smyrna, Knoxville, and Clarksville have all experienced year-over-year growth above the state average (3.5%, 3.4%, and 2.3%, respectively).

Memphis rents more affordable than many similar cities nationwide

Rent growth in Memphis has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Memphis is still more affordable than most other large cities across the country.

  • Memphis' median two-bedroom rent of $820 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the stagnant growth in Memphis.
  • While rents in Memphis remained moderately stable this year, similar cities saw increases, including Phoenix (+2.6%), Atlanta (+1.4%), and San Francisco (+1.1%); note that median 2BR rents in these cities go for $1,050, $1,190, and $3,110 respectively.
  • Renters will find more reasonable prices in Memphis than most comparable cities. For example, San Francisco has a median 2BR rent of $3,110, which is more than three-and-a-half times the price in Memphis.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.