Area Guide

University of Memphis Memphis, TN

Fight for the blue and gray, let’s go Tigers go!

U of M Tigers Friendly

Situated in the quiet Normal Station neighborhood, the University of Memphis is a major research institution driven by doing. Students gain real world experience to become tomorrow’s leaders through U of M’s Emerging Leaders Program. Founded in 1912, U of M is home to Tennessee’s largest honors program and boasts more than 250 areas of study. Membership in the American Athletic Conference and NCAA Division I level sports teams bond U of M Tigers with the community on a regular basis. Many apartments, townhomes, and single-family houses are available for rent around the University of Memphis. College of Education students and faculty may narrow their options to the south side of campus, with access to Southern Avenue, while those frequenting the FedEx Institute of Technology might prefer to look on the campus’ north side, with convenience to Central Avenue. The Memphis Botanic Garden, Pink Palace Family of Museums, and Highland Row’s bars and restaurants are all nearby campus, offering ample opportunities for recreation and leisure.

Rent Trends

As of August 2026, the average apartment rent in Memphis, TN is $962 for a studio, $1,050 for one bedroom, $1,091 for two bedrooms, and $1,298 for three bedrooms. Apartment rent in Memphis has increased by 1.4% in the past year.

  • Studio

  • 488 sq ft

    Average Sq Ft

  • $962/month

    Average Rent

  • 1 BR

  • 706 sq ft

    Average Sq Ft

  • $1,050/month

    Average Rent

  • 2 BR

  • 977 sq ft

    Average Sq Ft

  • $1,091/month

    Average Rent

  • 3 BR

  • 1,288 sq ft

    Average Sq Ft

  • $1,298/month

    Average Rent

Learn More About University of Memphis

Getting Around

Fairly Walkable

Walkability

40 / 100

Limited Public Transit

Transit

30 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

50 / 100

Daily Essentials

Supermarket Within a 20 Minute Walk

Groceries

50 / 100

Good Restaurant Variety Nearby

Restaurants

70 / 100

Good Café Variety Nearby

Cafes

60 / 100

Good Variety of Shops Nearby

Shopping

60 / 100

Recreation

Moderate Amount of Park Space Nearby

Parks

50 / 100

Limited Wellness Amenity Variety Nearby

Wellness

30 / 100

Local Vibe

Mostly Calm Atmosphere

Vibrancy

20 / 100

Fair Nightlife Variety Nearby

Nightlife

50 / 100

Not Noisy

Quiet Score

100 / 100

Schools

Richland Elementary

Public

Grades PK-5

870 Students

Southwind Elementary School

Public

Grades PK-5

641 Students

Newberry Elementary

Public

Grades PK-5

403 Students

Chimneyrock Elementary School

Public

Grades PK-5

874 Students

Grahamwood Elementary School

Public

Grades PK-5

850 Students

Maxine Smith Steam Academy

Public

Grades 6-8

439 Students

University Middle

Public

Grades 6-8

264 Students

White Station Middle

Public

Grades 6-8

1,099 Students

John P. Freeman Optional School

Public

Grades K-8

548 Students

Memphis Grizzlies Preparatory Charter School

Public

Grades K-8

306 Students

East High School

Public

Grades 9-12

583 Students

Middle College High School

Public

Grades 9-12

304 Students

University High School

Public

Grades 9-12

280 Students

White Station High School

Public

Grades 9-12

1,840 Students

White Station High

Public

Grades 9-12

1,840 Students

Points of Interest

Parks and Recreation

  • Sharpe Planetarium
  • Memphis Botanic Garden
  • Dixon Gallery and Gardens
  • Children's Museum of Memphis
  • Memphis Zoo

Commuter Rail

Airports

  • Memphis International

Top Apartments Near University of Memphis

Houses Near University of Memphis

Search Nearby 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 June 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.