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.
TV / Streaming Video
Radio / Streaming Audio
Billboard
Google
Friend or Family
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

31 Studio Apartments for rent in Memphis, TN

Last updated May 27 at 5:58pm UTC
3664 SUMMER AVE
Berclair - Highland Heights
Memphis, TN
Updated May 27 at 5:58pm UTC
Studio
$1,800
1941 Memphis Depot Pkwy
Memphis Defense Depot
Memphis, TN
Updated May 27 at 9:49am UTC
Studio
$450
1841 TN-3
Sixty Point One Ward
Memphis, TN
Updated May 27 at 9:49am UTC
Studio
$500
1157 Sledge Ave
Annesdale-Snowden
Memphis, TN
Updated May 25 at 5:56pm UTC
Studio
$650
2331 Marble Ave
Hyde Park
Memphis, TN
Updated May 25 at 5:55pm UTC
Studio
$1,500
1173 Vance Ave
New Pathways
Memphis, TN
Updated May 25 at 5:53pm UTC
Studio
$500
1942 Memphis Depot Pkwy
Memphis Defense Depot
Memphis, TN
Updated May 23 at 5:43pm UTC
Studio
$450
1875 Keltner Cir
Magnolia Barksdale
Memphis, TN
Updated May 23 at 5:43pm UTC
Studio
$450
1911 Memphis Depot Pkwy
Memphis Defense Depot
Memphis, TN
Updated May 23 at 5:43pm UTC
Studio
$495
1955 Memphis Depot Pkwy
Memphis Defense Depot
Memphis, TN
Updated May 23 at 5:43pm UTC
Studio
$495
3559 SUMMER
High Point Terrace
Memphis, TN
Updated May 21 at 11:02pm UTC
Studio
$2,800
1756 TN-3
North Memphis Concerned Citizens
Memphis, TN
Updated May 14 at 5:54pm UTC
Studio
$495
1959 Memphis Depot Pkwy
Memphis Defense Depot
Memphis, TN
Updated May 14 at 5:54pm UTC
Studio
$495
5885 Shelby Oaks Dr
Memphis
Memphis, TN
Updated May 12 at 10:11am UTC
Studio
$863
1410 Woodward St.
Destiny Unlimited
Memphis, TN
Updated May 16 at 11:52am UTC
Studio
Ask
3465 CAZASSA
Memphis
Memphis, TN
Updated April 28 at 8:47pm UTC
Studio
$2,500
3427 Southern Ave
Messick Buntyn
Memphis, TN
Updated May 14 at 5:52pm UTC
Studio
$450
1612 Waverly Ave.
Glenview Community Action Association
Memphis, TN
Updated May 8 at 9:54am UTC
Studio
$595
2797 Sonora Dr
Southeast Memphis Betterment Association
Memphis, TN
Updated April 28 at 1:54am UTC
Studio
$700
57 W Gage Ave
Mallory Heights
Memphis, TN
Updated April 18 at 10:55am UTC
Studio
$100
3656 Gloucester Cove
Memphis
Memphis, TN
Updated April 6 at 1:21am UTC
Studio
$895
4299 Elvis Presley Blvd
Memphis
Memphis, TN
Updated May 27 at 9:48am UTC
Studio
$1,250
3055 Water Oak Dr
Skylake
Memphis, TN
Updated May 20 at 9:39am UTC
Studio
Ask
Apartment List detective logo

Keep Looking!

Try removing some filters or broadening your
search area to see more results.

Apartment List sad heart

Something went wrong.

Please try your search again or reload the page.

May 2018 Memphis Rent Report

Welcome to the May 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

May 2018 Memphis Rent Report

Welcome to the May 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 rents held steady over the past month

Memphis rents have remained flat over the past month, however, they are up marginally by 0.5% year-over-year. Currently, median rents in Memphis stand at $690 for a one-bedroom apartment and $820 for a two-bedroom. Memphis' year-over-year rent growth lags the state and national averages, which both stand at 1.5%.

Rents rising across cities in Tennessee

Throughout the past year, rent increases have been occurring not just in the city of Memphis, but across the entire state. Of the largest 10 cities that we have data for in Tennessee, all of them have seen prices rise. The state as a whole logged rent growth of 1.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Franklin is the most expensive of all Tennessee's major cities, with a median two-bedroom rent of $1,270; of the 10 largest Tennessee cities that we have data for, all have seen rents rise year-over-year, with Hendersonville experiencing the fastest growth (+5.0%).
  • Knoxville, Smyrna, and Chattanooga have all experienced year-over-year growth above the state average (4.6%, 3.1%, and 2.5%, respectively).

Memphis rents more affordable than many other large cities nationwide

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

  • Memphis' median two-bedroom rent of $820 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 0.5% rise in Memphis.
  • While Memphis' rents rose over the past year, many cities nationwide also saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%).
  • Renters will find more reasonable prices in Memphis than most other large cities. For example, San Francisco has a median 2BR rent of $3,060, 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.