What is the average rent in Memphis, TN?

The average rent in Memphis is $1,041. When you rent an apartment in Memphis, you can expect to pay as little as $960 or as much as $1,287, depending on the location and the size of the apartment.

What is the average rent of a Studio apartment in Memphis, TN?

The average rent for a studio apartment in Memphis, TN is $960 per month.

What is the average rent of a 1 bedroom apartment in Memphis, TN?

The average rent for a one bedroom apartment in Memphis, TN is $1,040 per month.

What is the average rent of a 2 bedroom apartment in Memphis, TN?

The average rent for a two bedroom apartment in Memphis, TN is $1,077 per month.

What is the average rent of a 3 bedroom apartment in Memphis, TN?

The average rent for a three bedroom apartment in Memphis, TN is $1,287 per month.

What colleges and universities are in Memphis, TN?

If you’re a student moving to an apartment in Memphis, you’ll have access to Christian Brothers University , University of Memphis , Rhodes College , and Harding University, Memphis .

minimum rent select combobox

maximum rent select combobox

Only show listings with no broker’s fee

Housing Type

Lifestyle select combobox

Short-Term

Short term select combobox

Additional Specialties

Low Income/Income Restricted

Pet Policy select combobox

Properties accepting online applications

Properties with move-in specials

Properties that are for rent by owner

Rooms for rent

Keyword search, separate by commas.

Clear

Newly Constructed Apartments for Rent in Memphis TN

452 Rentals Available

Urban Loft Co. Memphis- Utilties Included

440 Monroe Ave, Memphis, TN 38103
1 / 42

Videos

Virtual Tours
1 Bed

$1,400+

Total Monthly Price

Total Monthly Price New

Prices include all required monthly fees.

Pets Allowed In Unit Washer & Dryer High-Speed Internet Controlled Access Elevator
Harbor Side at Conwood Flats Apartments

645 N Front St, Memphis, TN 38107
1 / 37
1 Bed

$1,140+

2 Beds

$2,190+

3 Beds

$3,300

1 Month Free

Pets Allowed Fitness Center Pool Dishwasher Refrigerator Kitchen
240 Flats

5811 Poplar Ave, Memphis, TN 38119
1 / 52

Virtual Tours
1 Bed

$1,099+

2 Beds

$1,499

Discounts

Pets Allowed Fitness Center Pool In Unit Washer & Dryer Clubhouse Business Center Package Service
Southern Grove

3440 Southern Ave, Memphis, TN 38111
1 / 28

Videos

Virtual Tours
1 Bed

$995

Refrigerator Kitchen Microwave Stainless Steel Appliances Gated
Springs at Colonial

2925 Countrywood Pky, Cordova, TN 38016
1 / 48

Virtual Tours
Studio

$1,148+

1 Bed

$1,437+

2 Beds+

$1,642+

Discounts

Pets Allowed Fitness Center Pool Clubhouse Maintenance on site Stainless Steel Appliances Granite Countertops
The Westerly at Union Depot

6840 Union Depot Dr, Bartlett, TN 38133
1 / 29
1 Bed

$1,495+

2 Beds

$1,825+

3 Beds

$2,460+

1 Month Free

Pets Allowed Stainless Steel Appliances
Grays Creek Apartments

211 Gilroy Dr, Cordova, TN 38018
1 / 49

Videos

Virtual Tours
1 Bed

$1,449+

2 Beds

$1,791+

3 Beds

$2,385+

Specials

Pets Allowed Fitness Center Pool Dishwasher Refrigerator Kitchen
1 Bed

$1,190

1162 Peabody Ave

1162 Peabody Ave, Memphis, TN 38104
1 Bed

$750+

1831 Castalia St

1831 Castalia St, Memphis, TN 38114
More Rentals Near Memphis, TN

We found 3 more rentals that closely match your search.
The One at Millington

8456 Golden Hawk Dr, Millington, TN 38053
1 / 21
1 Bed

$1,400+

2 Beds

$1,650+

3 Beds

$1,950+

Pets Allowed Fitness Center Pool High-Speed Internet Online Services EV Charging
The Water Tower District at Schilling Farms

1371 Schilling Blvd W, Collierville, TN 38017
1 / 53

Virtual Tours
1 Bed

$1,700+

2 Beds

$2,196+

3 Beds

$2,790+

Total Monthly Price

Total Monthly Price New

Prices include base rent and required monthly fees of $70. Variable costs based on usage may apply.

Base Rent:

1 Bed

$1,630+

2 Beds

$2,126+

3 Beds

$2,720+
Forest Creek Townhomes

4627 Irene Woods Ln, Collierville, TN 38017
1 / 33
3 Beds

$2,700

2 Months Free
1 Bed, 1 Bath, 529 sq ft

$1,180

Unit 408 at Harbor Side at Conwood Flats Apartments

645 N Front St, Memphis, TN 38107
1 Bed, 1 Bath, 417 sq ft

$1,099

Unit 5840-108 at 240 Flats

5811 Poplar Ave, Memphis, TN 38119
1 Bed, 1 Bath, 612 sq ft

$995

Unit 1.1B at Southern Grove

3440 Southern Ave, Memphis, TN 38111
Studio, 1 Bath, 560 sq ft

$1,328

Unit 103 at Springs at Colonial

2925 Countrywood Pky, Cordova, TN 38016
2 Beds, 2 Baths, 1,193 sq ft

$1,960

Unit 01-231 at The Westerly at Union Depot

6840 Union Depot Dr, Bartlett, TN 38133

Tennessee Shelby County Memphis

Newly Constructed Memphis, TN Apartments for Rent

Find 452 recently constructed apartments for rent in Memphis, TN on Apartments.com. Benefit from modern amenities and updated interiors in newly completed buildings. These new apartments offer contemporary living spaces designed to meet today's standards of comfort and style. No matter your needs, our listings include various floor plans and locations to suit your lifestyle. Start exploring the advantages of living in a newly constructed apartment now, including lower maintenance concerns and up-to-date designs.

Learn more about living in Memphis, TN

Memphis, TN Rental Insights

: The average rent in Memphis is $1,041. When you rent an apartment in Memphis, you can expect to pay as little as $960 or as much as $1,287, depending on the location and the size of the apartment.
: The average rent for a studio apartment in Memphis, TN is $960 per month.
: The average rent for a one bedroom apartment in Memphis, TN is $1,040 per month.
: The average rent for a two bedroom apartment in Memphis, TN is $1,077 per month.
: The average rent for a three bedroom apartment in Memphis, TN is $1,287 per month.
: If you’re a student moving to an apartment in Memphis, you’ll have access to Christian Brothers University, University of Memphis, Rhodes College, and Harding University, Memphis.

Helpful Rental Guides for Memphis, TN

Best Neighborhoods in Memphis for Renters

5 Most Affordable Neighborhoods in Memphis, TN

Explore More on the Renterverse

Find the Perfect Memphis, TN Apartment

Search by Bedrooms

Filter by Popular Amenities

Stay on Budget

Other Rental Types

Find Specialty Housing

Search Nearby Rentals

Rentals Near Memphis

Neighborhood Apartment Rentals

Nearby Memphis House Rentals

New Rental Listings

Map Options

Map View

Default

Satellite

Nearby Point of Interests

Campuses

Restaurants

Transit

Neighborhoods

None

Travel Time

Search By Commute Time

Set a destination, transportation method, and your ideal commute time to see results.

Choose a destination

Select transportation method

Ideal commute time

Under 30 minutes

Commute Time is calculated at rush hour.