What is the typical rent for a studio apartment in Memphis?

The average rent for a studio apartment in Memphis is $1,049.

How expensive are one-bedroom apartments in Memphis?

The average rent for a one-bedroom apartment rental in Memphis is $1,108.

How much is rent for two-bedroom apartments in Memphis?

The average monthly rent for a two-bedroom apartment in Memphis is $1,207.

Are there any properties that are currently offering move-in specials in Memphis?

Yes, you can filter your apartment search to only include properties in Memphis that are offering move-in specials .

Start your Memphis search

How many bedrooms do you need?

Cheap Apartments for Rent in Memphis, TN

318 rentals available

1 of 1
Peabody and Dudley
$895
972 Peabody Avenue, Memphis, TN 38104
(901) 665-3918
1 unit available
2 bed
Amenities
Dishwasher, Pet friendly, Air conditioning, Microwave, Range, and Refrigerator
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Midtown
$825
1030 Poplar Avenue, Memphis, TN 38105
(901) 657-1364
1 unit available
Studio
Amenities
In unit laundry, Recently renovated, Stainless steel, Fire pit, and Courtyard
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Allison Gardens Apartments
$925
427 North Graham Street, Memphis, TN 38122
(901) 329-8161
1 unit available
2 bed
Amenities
Pet friendly
Pet-Friendly Paradise
Proximity to Greenline, ideal for outdoor lovers.
Allison Gardens Apartments offers a peaceful and pet-friendly community in the charming High Point Terrace neighborhood of Memphis. Residents enjoy easy access to outdoor activities, with the Greenline nearby for leisurely strolls or invigorating runs. The area boasts a variety of amenities, including modern apartment features, comfortable layouts, and convenient access to shopping centers and major highways.
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Almadura
$800
175 Stonewall Street, Memphis, TN 38104
(901) 673-9626
2 units available
Studio • 1 bed
Amenities
Dishwasher, Pet friendly, Parking, Dog park, Elevator, and Microwave
Vintage Charm
Vintage charm near Memphis attractions and medical center.
Almadura offers a unique blend of vintage charm and modern convenience, perfectly situated in Memphis. With spacious apartments, large closets, and proximity to the Medical Center, Zoo, Overton Square, and downtown attractions, this property stands out. Residents love the response and care of the management team, as well as the welcoming community vibe among neighbors.
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Best market deals
These units are the best deal in town.
2362 Golden Ave 2 Bed
2 Beds • 2 Baths • 555 sqft
Base monthly rent
$495+
Available
Now
2117 Hunter Avenue 2 Bed
2 Beds • 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 Annex of Memphis - Student Housing Private - Priced By Bed
3 Beds • 3 Baths
Base monthly rent
$580+
Available
Now
Eleven60 Apartments
$899
1160 Jefferson Avenue, Memphis, TN 38104
(901) 883-6291
2 units available
2 bed
Amenities
On-site laundry, Granite counters, Hardwood floors, Pet friendly, Recently renovated, and Dog park
Prime Location
Conveniently Located in Medical District, Memphis
Eleven60 Apartments shine with a prime location in the Medical District of Memphis, offering convenient access to an array of local attractions. Residents can enjoy the luxury of modern amenities such as recently renovated spaces, air conditioning, and a charming courtyard coupled with pet-friendly policies that welcome both cats and dogs. Reviews highlight the community's well-maintained facilities and responsive management, ensuring a delightful living experience.
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4.0
Indigo Riverview
$926
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 .”
20 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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Sycamore Lake
$748
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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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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Mill Creek
4537 Mill Stream Drive, Memphis, TN 38116
(901) 450-5236
$607+ 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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The Residences at Lakeview
$581
2774 S Mendenhall Rd, Memphis, TN 38115
(901) 403-6280
167 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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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
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
56 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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Creekside Meadows Apartment
3471 West Briarpark Drive, Memphis, TN 38116
(901) 472-7635
$659+ moTotal price13-mo lease
Rent Savings
21 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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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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The Junction
$723
3427 Southern Avenue, Memphis, TN 38111
(901) 443-2225
Rent Savings
9 units available
Studio • 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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5.0
The Summit
4981 Hidden Lake Drive, Memphis, TN 38128
(440) 709-8097
$704+ moTotal price13-mo lease
Rent Savings
Top rated for Location
24 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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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