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

The average rent for a studio apartment in Memphis is $1,054.

How expensive are one-bedroom apartments in Memphis?

The average rent for a one-bedroom apartment rental in Memphis is $1,107.

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

The average monthly rent for a two-bedroom apartment in Memphis is $1,204.

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

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Cheap Apartments for Rent in Memphis, TN

325 rentals available

1 of 11
Allison Gardens Apartments
$925
427 North Graham Street, Memphis, TN 38122
(901) 587-5335
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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Jefferson Place
$895
560 South Jefferson Place, Memphis, TN 38105
(901) 669-7745
4 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Recently renovated, Walk in closets + more
Campus Convenience
Ideal Location Near University, Medical Center
Jefferson Place, located just a short stroll from the University of Tennessee and the Medical Center, offers unmatched convenience for students and professionals. Residents find tranquility amidst the lush, park-like setting while enjoying modern comforts. With in-unit laundry, swimming pool, and tennis court, this community satisfies both lifestyle and convenience needs.
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1591 Locust
$645
1591 Locust Street, Memphis, TN 38108
(901) 716-8158
1 unit available
1 bed
Amenities
Air conditioning and Range
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Mason Homes
$935
900 South 4th Street, Memphis, TN 38126
(901) 401-9328
6 units available
2 bed
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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
3569 Douglass Ave 03 1 Bed
1 Bed • 1 Bath
Base monthly rent
$550+
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
1138 Wright Rd 2 Bed
2 Beds • 1 Bath • 821 sqft
Base monthly rent
$575+
Available
Now
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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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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Perfect Midtown Location
$875
2780 Madison Avenue, Memphis, TN 38111
(978) 672-5565
1 unit available
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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The Bowery
$859
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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The Brooklyn
$893
3095 Autumnwood Avenue, Memphis, TN 38115
(901) 673-8804
Rent Savings
4 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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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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Luxury apartments
Top units for an elevated lifestyle.
5711 SHADY GROVE Rd 5 Bed
5 Beds • 6 Baths • 5679 sqft
Base monthly rent
$6,200+
Available
Now
HOME FOR SALE or rent Gorgeous executive home in gated community! 5 Beds, 4.5 Baths, $5995
5 Beds • 4.5 Baths • 5500 sqft
Base monthly rent
$5,995+
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
400 E PONTOTOC Ave 4 Bed
4 Beds • 3 Baths • 2770 sqft
Base monthly rent
$4,000+
Available
Now
Glendale Park Apartments - Senior Housing
$850
3910 Stuart Road, Memphis, TN 38111
(901) 883-7526
2 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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The Courts Midtown
1391 Court Avenue, Memphis, TN 38104
(901) 599-2591
$862+ moTotal price13-mo lease
Rent Savings
7 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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4.0
The Franklin
7991 Capilano Dr, Memphis, TN 38125
(901) 445-9519
$946+ moTotal price15-mo lease
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.”
19 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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Conwood Flats
711 North Front Street, Memphis, TN 38107
(901) 660-7655
$940 moTotal price6-mo lease
Rent Savings
11 units available
1 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Parking, Stainless steel, Walk in closets + more
Riverside Living
Prime Memphis riverfront location with modern amenities.
Conwood Flats offers an exceptional riverside living experience in Memphis with a plethora of amenities. Enjoy the ease of a short commute to major employers and educational institutions. Residents have great things to say about the ample natural light, contemporary gym, and the convenience of living close to downtown attractions.
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The Junction
$727
3427 Southern Avenue, Memphis, TN 38111
(901) 443-2225
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
Link Apartments Broad Ave
2540 Broad Ave, Memphis, TN 38112
(901) 250-8576
$948+ moTotal price18-mo lease
Rent Savings
Top rated for Location
“So far since we've moved in a month ago, we are enjoying our new apartment.”
19 units available
Studio • 1 bed • 2 bed
Amenities
Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Modern Comfort
Luxury Living Near Memphis Attractions
Link Apartments Broad Ave offers a modern retreat in Midtown Memphis, featuring luxurious amenities and proximity to fantastic attractions like the Memphis Zoo and Brooks Museum of Art. Residents love selecting their preferred brand-new units and appreciate the beautiful landscaping. Enjoy upscale features such as a saltwater pool, award-winning gym, and relaxing courtyards.
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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