Azure Place Apartments
3896 Chippewa Rd,
Memphis, TN 38118
$775 - $1,460
1-4 Beds
Southeast Memphis
Memphis, TN
Southeast Memphis - Memphis, TN
Area Guide
The best of the Bluff City is at your doorstep
Suburb
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Airport
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Affordable
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Upscale
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Parks
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Historic
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Schools
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The neighborhood known as Southeast Memphis covers a huge section of the city, offering a large selection of apartment and rental options within minutes of Memphis’ most popular attractions and amenities. Downtown is only a few blocks away from the north end of the neighborhood, allowing residents to hop in anytime and take full advantage of the legendary dining, entertainment, and nightlife along Beale Street, catch a ball game at AutoZone Park, or explore the countless museums and galleries.
While most of Southeast Memphis is residential, it offers convenient access to some of the city’s biggest workplaces: the Medical District sits just outside the northern end of the neighborhood, Memphis Depot Industrial park sits near the center, and Memphis International Airport occupies the south side. The local rental market is extremely diverse throughout the neighborhood, with a huge selection of budget-friendly apartments and condos as well as swanky condos and single-family homes. Residents enjoy easy access to I-69, I-240, and Highway 78, making it a breeze to get anywhere from Southeast Memphis.
Rent Trends
As of December 2025, the average apartment rent in Southeast Memphis is $1,296 for two bedrooms. Apartment rent in Southeast Memphis has decreased by -6.0% in the past year.
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2 BR
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1,087 sq ft
Average Sq Ft
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$1,296/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- CTI 3D Theater
- Lichterman Nature Center
- Pink Palace Museum
- Dixon Gallery and Gardens
- Memphis Botanic Garden
Commuter Rail
Military Bases
Airports
- Memphis International
Top Apartments in Southeast Memphis
Houses for Rent in Southeast Memphis
Property Management Companies
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621
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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 November 2025.