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Apartments for Rent in Memphis TN

9,868 Rentals Available

Explore Rent Prices Near Memphis, TN

Memphis, TN’s average rent price is $1,111 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.

Average Rent
Southaven $1,218
Cordova $1,302
Germantown $1,371
West Memphis $800
Bartlett $1,009

Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.

Memphis, TN Apartments for Rent

Set on the Mississippi River, Memphis brings together music landmarks like Beale Street, Sun Studio, and the Stax Museum with sprawling green spaces like Overton Park and Shelby Farms Park. When you're searching for apartments for rent in Memphis, you'll discover homes with convenient access to major employers and transit options: Downtown's business district and the St. Jude campus connect via the Main Street Trolley, while the FedEx World Hub and Memphis International Airport lie just south via I-240. East Memphis offices along Poplar Avenue (including International Paper) stay within easy reach—look for rentals near the Main Street Trolley or apartments close to Overton Park to streamline your daily routine.

Downtown and South Main feature lofts in converted warehouses just steps from Beale Street, the National Civil Rights Museum, Tom Lee Park, and sweeping river views. Midtown's Overton Square puts theaters and restaurants right next to Overton Park and the Memphis Zoo. Cooper-Young offers tree-lined bungalow blocks, neighborhood coffee shops, and a bustling restaurant scene, highlighted by the annual Cooper-Young Festival. Crosstown revolves around the Crosstown Concourse—packed with art spaces, restaurants, and offices—surrounded by modern apartments and townhomes. Harbor Town on Mud Island hugs the riverfront with walking trails at Greenbelt Park and quick Downtown access. The University District and Highland Strip pack student-friendly rentals near campus hangouts, music venues, and laid-back eateries. East Memphis provides garden-style apartments along the Poplar corridor with easy access to Shelby Farms Park and the Greenline. Binghampton and the Broad Avenue Arts District offer lofts and cottages surrounded by colorful murals, dedicated bike lanes, and the Hampline connection to the Greenline.

Learn more about living in Memphis, TN

Memphis, TN Rental Insights

The average rent in Memphis, TN is $1,028 per month. By comparison, renters across the U.S. pay an average of $1,626, which means housing in Memphis, TN is slightly less expensive than much of the country.

Find affordable apartments for rent in Memphis, TN by browsing listings in budget-friendly neighborhoods such as Whitehaven, Raleigh, and Parkway Village. Use filters by price, number of bedrooms, and amenities to narrow your search.

The most popular ZIP codes for renters in Memphis, TN are 38111, 38104, 38114, 38112, and 38122.

Helpful Rental Guides for Memphis, TN

5 Most Affordable Neighborhoods in Memphis, TN
5 Most Affordable Neighborhoods in Memphis, TN
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