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

The average rent for a studio apartment in Memphis is $1,042.

How expensive are one-bedroom apartments in Memphis?

The average rent for a one-bedroom apartment rental in Memphis is $1,128.

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

The average monthly rent for a two-bedroom apartment in Memphis is $1,233.

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 .

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Cheap Apartments for Rent in Memphis, TN

350 rentals available

1 of 34
The View at Shelby Farms Apartments
$914
8056 Country Squire Ln, Memphis, TN 38018
(901) 883-7929
Rent Savings
40 units available
1 bed • 2 bed
Amenities
W/D hookup, Pet friendly, Gym, Pool, Smoke-free community, Smoke-free units + more
Outdoor Haven
Pet-friendly apartments near Shelby Farms Park excitement.
Nestled near the vibrant Shelby Farms Park, The View at Shelby Farms Apartments offers a delightful escape for adventure lovers. With spacious living areas and a suite of amenities like a fitness center and sparkling pool, you'll find relaxation and recreation in perfect harmony. Plus, being pet-friendly means your furry companions are always welcome.
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Midtown
$899
1030 Poplar Avenue, Memphis, TN 38105
(901) 460-3195
2 units available
Studio • 1 bed
Amenities
In unit laundry, Parking, 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
2 units 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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Student Lofts at Brister, Bldg 106
$700
613 Brister Street, Memphis, TN 38111
(901) 621-4893
1 unit available
1 bed
Amenities
In unit laundry, Patio / balcony, Parking, Stainless steel, and Air conditioning
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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
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Cute Duplex in Prospect Park 1 Bed, 1 Bath, $495
1 Bed • 1 Bath • 537 sqft
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2163 Howell Ave 1 Bed
1 Bed • 1 Bath • 500 sqft
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2148 Stovall Avenue 2
1 Bed • 1 Bath
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2263 Hunter Ave 1 Bed
1 Bed • 1 Bath • 523 sqft
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Hawthorne Street
$750
190 Hawthorne Street, Memphis, TN 38112
(901) 599-7906
3 units available
Studio • 1 bed
Amenities
Pet friendly
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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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Perfect Midtown Location
$800
2780 Madison Avenue, Memphis, TN 38111
(901) 910-1002
2 units available
1 bed • 2 bed
Amenities
Pet friendly
Prime Location
Enjoy Midtown's prime location with vibrant surroundings.
Experience the exciting Midtown lifestyle with this prime location property. Residents love the easy access to downtown Memphis, nearby hospitals, and an abundance of restaurants within walking distance. This dog-friendly community also offers a safe and quiet environment, ideal for comfortable leisurely strolls.
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4.0
Indigo Riverview
$863
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 .”
19 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 Annex of Memphis - Student Housing
$660
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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The Brooklyn
$801
3095 Autumnwood Avenue, Memphis, TN 38115
(901) 673-8804
Rent Savings
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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Luxury apartments
Top units for an elevated lifestyle.
415 S YATES 5 Bed
5 Beds • 6 Baths
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2983 LAMAR 0 Bed
Studio • 2 Baths
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3719 S WOODLAND 4 Bed
4 Beds • 3 Baths
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1515 GOODBAR 5 Bed
5 Beds • 4 Baths
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5 bedroom 3 bathroom with over 3,500 square feet in East Memphis near Walnut Grove and Perkins 5 Beds, 3 Baths, $4195
5 Beds • 3 Baths • 3500 sqft
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The Bowery
$758
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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Overton Place Apartments
$725
414 N Claybrook St #1, Memphis, TN 38104
(901) 763-8466
5 units available
Studio • 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
$586
3471 West Briarpark Drive, Memphis, TN 38116
(901) 472-7635
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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The Residences at Lakeview
$581
2774 S Mendenhall Rd, Memphis, TN 38115
(901) 403-6280
Rent Savings
211 units available
Studio • 1 bed • 2 bed • 3 bed • 4 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, 24hr maintenance, Recently renovated, Gym + more
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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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El Dorado
$637
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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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