Grand Island Apartments
300 Grand Island Dr,
Memphis, TN 38103
$1,533 - $3,048
1-3 Beds
Mud Island
Memphis, TN
Mud Island - Memphis, TN Area Guide
The beauty of the Mississippi surrounds this peninsular community
River
•
Nature
•
Upscale
•
Charming
•
Mud Island isn’t actually an island, but a scenic peninsula just across Wolf River Harbor from Downtown Memphis. Predominately comprised of Mud Island Park and River Walk — both of which provide amazing views of the Mississippi River — there are a few Mud Island rentals near Interstate 40. Yachts and boats bob in the Harbor Town marina, luxury condos line the Wolf River, and joggers take in sunset runs along Greenbelt Park. Today more than 5,000 people live here enjoying the waterfront charm of the peninsula. The interstate will carry you into Downtown Memphis in just minutes, while the surrounding river provides endless recreation and beauty.
Rent Trends
As of May 2026, the average apartment rent in Mud Island is $1,690 for one bedroom, $2,058 for two bedrooms, and $2,125 for three bedrooms. Apartment rent in Mud Island has decreased by -6.0% in the past year.
-
1 BR
-
842 sq ft
Average Sq Ft
-
$1,690/month
Average Rent
-
2 BR
-
1,188 sq ft
Average Sq Ft
-
$2,058/month
Average Rent
-
3 BR
-
1,392 sq ft
Average Sq Ft
-
$2,125/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Mud Island - Memphis, TN is for everyday living.
Fairly Walkable
Walkability
40
/ 100
Limited Public Transit
Transit
30
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Daily Essentials
Mud Island - Memphis, TN offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 15 Minute Walk
Groceries
70
/ 100
Good Restaurant Variety Nearby
Restaurants
60
/ 100
Fair Café Variety Nearby
Cafes
50
/ 100
Fair Variety of Shops Nearby
Shopping
50
/ 100
Local Vibe
Get a sense of what it’s like to live in Mud Island - Memphis, TN from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
30
/ 100
Fair Nightlife Variety Nearby
Nightlife
40
/ 100
Fairly Noisy
Quiet Score
70
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Mississippi River Museum at Mud Island
- Memphis Zoo
- Children's Museum of Memphis
- Sharpe Planetarium
- T. O. Fuller State Park
Commuter Rail
Military Bases
Airports
- Memphis International
Top Apartments in Mud Island
Property Management Companies
Greystar
-
3,502
Communities
-
963,654
Units
-
892
Cities
Willow Bridge
-
709
Communities
-
196,250
Units
-
336
Cities
RPM
-
651
Communities
-
180,207
Units
-
259
Cities
AMC
-
607
Communities
-
121,784
Units
-
242
Cities
Avenue5 Residential
-
568
Communities
-
126,686
Units
-
219
Cities
Cushman & Wakefield
-
452
Communities
-
107,739
Units
-
226
Cities
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.