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luxury apartments
Last updated January 23 2020 at 10:49 PM

252 Luxury Apartments for rent in Memphis, TN

Verified
Last updated January 23 at 09:09pm
88 Units Available
Park's Edge at Shelby Farms
536 Shelby Grove Dr, Memphis, TN
1 Bedroom
$1,020
802 sqft
2 Bedrooms
$1,341
1160 sqft
3 Bedrooms
$1,619
1402 sqft
Live on the edge of everything at Park's Edge at Shelby Farms! Recently awarded Top Rated in 2017 by ApartmentRatings.
Verified
Last updated January 23 at 09:09pm
Lakes of Forest Hill
68 Units Available
Preserve at Forest Creek
9230 Thornbury Blvd, Memphis, TN
1 Bedroom
$985
800 sqft
2 Bedrooms
$1,141
1164 sqft
3 Bedrooms
$1,176
1311 sqft
Upscale apartment community features large pool, modern gym, tennis court and indoor basketball court. Units feature fireplace and patio or balcony. Pets welcome for an additional fee.
Verified
Last updated January 23 at 07:21pm
South Main
19 Units Available
Chisca on Main
272 S Main St, Memphis, TN
Studio
$975
637 sqft
1 Bedroom
$975
723 sqft
2 Bedrooms
$1,700
1107 sqft
The Chisca was the hotel of choice for railroad travelers, mule dealers, and entertainers who prized its prime location.
Verified
Last updated January 23 at 07:20pm
19 Units Available
The Edge of Germantown Apartments
1730 Hunters Trace Dr, Memphis, TN
1 Bedroom
$949
647 sqft
2 Bedrooms
$1,299
953 sqft
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Verified
Last updated January 23 at 07:20pm
22 Units Available
The Summit
4981 Hidden Lake Dr, Memphis, TN
1 Bedroom
$666
673 sqft
2 Bedrooms
$672
987 sqft
3 Bedrooms
$1,099
1246 sqft
It is often said that life has its rewards. The Summit offers the lifestyle you deserve in the center of it all.
Verified
Last updated January 23 at 07:20pm
Edge District
20 Units Available
Fielder Square
70 S 4th St, Memphis, TN
Studio
$973
562 sqft
1 Bedroom
$1,040
781 sqft
2 Bedrooms
$1,279
1144 sqft
Discover the good life at Fielder Square. This stunning community offers a variety of unique floor plans boasting full of beautifully designed architecture, curved walls, hardwood style flooring and modern amenities.
Verified
Last updated January 23 at 07:20pm
Crosstown
5 Units Available
Parcels at Concourse
1350 Concourse Ave, Memphis, TN
Studio
$1,458
627 sqft
1 Bedroom
$1,479
1073 sqft
2 Bedrooms
$1,499
968 sqft
Housed in a historic building that has been re-imagined to fit within the Memphis neighborhood's vibrant reawakening, this mid-rise features tons of public areas and green spaces, retail tenants and top-of-the-line kitchens.
Verified
Last updated January 23 at 07:20pm
5 Units Available
Poplar Place Townhomes
1669 Randolph Pl, Memphis, TN
2 Bedrooms
$1,004
1401 sqft
3 Bedrooms
$1,151
1606 sqft
Spacious two- and three-bedroom townhomes with easy access to I-40. Residents can spend their spare time in the clubhouse or outdoor swimming pool. Units feature private entry and walk-in closets.
Verified
Last updated January 23 at 07:20pm
The Core
14 Units Available
Metro 67
67 Madison Ave, Memphis, TN
Studio
$1,244
594 sqft
1 Bedroom
$1,495
882 sqft
2 Bedrooms
$2,362
1150 sqft
Boasting either river or city views, the pet-friendly apartment community features bamboo flooring, a gym, subway tile backsplashes, and a rooftop deck. Minutes from downtown Memphis, with easy access to I-40.
Verified
Last updated January 23 at 07:20pm
Lakes of Forest Hill
64 Units Available
Miller Creek at Germantown
3769 Skipping Stone Trce, Memphis, TN
1 Bedroom
$1,010
862 sqft
2 Bedrooms
$1,235
1168 sqft
3 Bedrooms
$1,635
1382 sqft
Spacious one-, two- and three-bedroom apartments with stainless steel appliances, granite countertops and large closets. Located in the Germantown neighborhood close to shopping and nightlife.
Verified
Last updated January 23 at 07:20pm
River Oaks
20 Units Available
Arbors River Oaks
225 Arbor Commons Cir, Memphis, TN
1 Bedroom
$1,180
816 sqft
2 Bedrooms
$1,365
1172 sqft
3 Bedrooms
$1,745
1604 sqft
Relaxing complex featuring one to three-bedroom apartments in Germantown, East Memphis. Located next to Shelby Farms Park, near the Avron B. Fogelman Expressway. Pool, cyber cafe and fitness gallery available to residents.
Verified
Last updated January 23 at 10:23pm
Countrywood
33 Units Available
Stonebridge Crossing
9135 Morning Ridge Road, Memphis, TN
1 Bedroom
$865
650 sqft
2 Bedrooms
$975
950 sqft
3 Bedrooms
$1,220
1200 sqft
Ready for an exciting and worry-free living experience? Stonebridge Crossing has just what you’re looking for.
Verified
Last updated January 23 at 10:23pm
Rocky Point Road Corridor
37 Units Available
Walnut Hill
8920 Walnut Grove Rd, Memphis, TN
1 Bedroom
$985
855 sqft
2 Bedrooms
$1,040
1108 sqft
3 Bedrooms
$1,265
1380 sqft
Spacious unit with large closets, high ceilings, walk-in closet, and patio/balcony. Units have fireplaces and intrusion alarms. Garage parking, jacuzzi, tennis court, and racquet ball court available on site.
Verified
Last updated January 23 at 06:46pm
18 Units Available
The Roxbury
1300 Lynnfield Rd, Memphis, TN
1 Bedroom
Ask
2 Bedrooms
$1,149
1058 sqft
3 Bedrooms
$1,299
1471 sqft
Near I-240, I-40 and I-55 in the Ridgeway School District. Apartments include a fireplace, granite countertops and walk-in closets. On-site amenities include a pool, trash valet service, carports and alarms. Pet-friendly.
Verified
Last updated January 23 at 06:48pm
Alliance of Cordova Neighborhoods
36 Units Available
The Grove at Trinity Pointe
555 Wood Arbor Pkwy, Memphis, TN
1 Bedroom
$628
738 sqft
2 Bedrooms
$802
1059 sqft
3 Bedrooms
$1,140
1289 sqft
Come home to comfort at The Grove at Trinity Pointe Apartments in Cordova, Tennessee. Our property offers an unbeatable blend of enriching amenities with an accommodating selection of one, two, and three-bedroom floor plans.
Verified
Last updated January 23 at 06:35pm
Mud Island
8 Units Available
Grand Island Apartment Homes
300 Island Dr, Memphis, TN
1 Bedroom
$1,285
802 sqft
2 Bedrooms
$1,515
1190 sqft
3 Bedrooms
Ask
The Lifestyle Youve Been Looking For. DOWNTOWN LIVING AT ITS FINEST. The newest luxury apartments located on beautiful Mud Island in downtown Memphi
Verified
Last updated January 23 at 06:14pm
University Area Neighborhood Association
24 Units Available
Highland Row
395 S Highland St, Memphis, TN
Studio
Ask
1 Bedroom
$1,040
707 sqft
2 Bedrooms
$1,646
1139 sqft
Studio, one-, two- and three-bedroom homes within walking distance from the University of Memphis. Air conditioning, stainless steel appliances, carpets and extra storage. Swimming pool, 24-hour gym, fire pit and clubhouse.
Verified
Last updated January 23 at 04:48pm
Midtown-Central
6 Units Available
Melrose Midtown
775 Melrose St, Memphis, TN
Studio
$899
433 sqft
1 Bedroom
$1,199
780 sqft
2 Bedrooms
$1,349
1102 sqft
A luxurious ground-floor garden nest for a family, the Northwest will be a brand-new two-bedroom apartment. Construction is underway with hand-selected materials: an open floor plan, a large chef's kitchen, a private patio and much more.
Verified
Last updated January 23 at 06:12pm
The Core
15 Units Available
ReNew Riverview
99 N Main St, Memphis, TN
Studio
$754
432 sqft
1 Bedroom
$1,099
770 sqft
2 Bedrooms
$1,204
1293 sqft
Rising 25 stories high in the downtown Memphis sky, Renew Riverview Apartments offers unparalleled views and a great location to explore all that the River City has to offer.
Verified
Last updated January 23 at 07:20pm
Edge District
219 Units Available
The Rise
420 Monroe Avenue, Memphis, TN
Studio
$880
551 sqft
1 Bedroom
$890
757 sqft
2 Bedrooms
$1,860
1127 sqft
Welcome home to The Rise, where ease of living meets crafted style. Brand New Luxury Apartments. Surrounded by natural beauty in the heart of downtown Memphis, connect at Memphis’s exclusive community catered to exceed your desires at every stage.
Verified
Last updated January 23 at 07:20pm
12 Units Available
Lynnfield Place Apartments
5900 Cedar Forrest Drive, Memphis, TN
1 Bedroom
$870
760 sqft
2 Bedrooms
$929
1160 sqft
3 Bedrooms
$1,017
1536 sqft
Lynnfield Place Apartment Homes in Memphis, TN is where you will find well-organized one, two and three-bedroom apartment home floor plans in both apartment and townhome options.
Verified
Last updated January 23 at 07:20pm
Hunters Hollow South
9 Units Available
Cordova Creek
7965 Humphreys Hill Dr, Memphis, TN
1 Bedroom
$925
780 sqft
2 Bedrooms
$980
1176 sqft
Comfortable apartment community that combines luxury and functionality. Units offer laminate wood floors, patios and balconies and wood-burning fireplaces. Residents have access to an on-site fitness center. Near Germantown Pkwy.
Verified
Last updated January 23 at 07:20pm
Richwood
14 Units Available
The Preserve at Southwind
7991 Capilano Dr, Memphis, TN
1 Bedroom
$969
758 sqft
2 Bedrooms
$1,275
1142 sqft
3 Bedrooms
$1,396
1388 sqft
Welcome to Preserve at Southwind located in the desirable Germantown/Collierville area of Memphis, TN.
Verified
Last updated January 23 at 07:20pm
St. Louis Place
3 Units Available
The Tennessee Brewery
495 Tennessee Street, Memphis, TN
1 Bedroom
$1,095
635 sqft
2 Bedrooms
Ask
Spacious homes with gourmet kitchens, 9-foot ceilings, spacious closets, and stainless steel appliances. This pet-friendly community features a fitness center and covered parking. Located just five minutes from downtown Memphis.

January 2020 Memphis Rent Report

Welcome to the January 2020 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 Rent Report

January 2020 Memphis Rent Report

Welcome to the January 2020 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 remained flat over the past month, however, they have increased marginally by 0.9% year-over-year. Currently, median rents in Memphis stand at $706 for a one-bedroom apartment and $835 for a two-bedroom. Memphis' year-over-year rent growth lags the state average of 2.0%, as well as the national average of 1.4%.

    Rents rising across cities in the Memphis Metro

    Throughout the past year, rent increases have been occurring not just in the city of Memphis, but across the entire metro. Of the largest 10 cities that we have data for in the Memphis metro, all of them have seen prices rise. Tennessee as a whole logged rent growth of 2.0% 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 $1,354; of the 10 largest Tennessee metro cities that we have data for, all have seen rents rise year-over-year, with Franklin experiencing the fastest growth (+3.7%).
    • Hendersonville, Clarksville, and Nashville have all experienced year-over-year growth above the state average (3.6%, 3.3%, and 3.0%, respectively).

    Memphis rents more affordable than many comparable cities nationwide

    As rents have increased marginally in Memphis, a few other large cities nationwide have also seen rents grow modestly. Memphis is still more affordable than most similar cities across the country.

    • Memphis' median two-bedroom rent of $835 is below the national average of $1,192. Nationwide, rents have grown by 1.4% over the past year compared to the 0.9% increase in Memphis.
    • While Memphis' rents rose marginally over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Dallas (+2.2%), and Seattle (+1.8%).
    • Renters will find more reasonable prices in Memphis than most other large cities. For example, San Francisco has a median 2BR rent of $3,088, 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.

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