What is the average rent in Memphis, TN?

The average rent in Memphis is $1,043. When you rent an apartment in Memphis, you can expect to pay as little as $961 or as much as $1,292, 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 $961 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 $1,043 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 $1,079 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 $1,292 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 .

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Newly Constructed Apartments for Rent in Memphis TN - 329 Rentals

329 Rentals Available

Urban Loft Co. Memphis- Utilties Included

440 Monroe Ave, Memphis, TN 38103
1 / 42

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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
Southern Grove

3440 Southern Ave, Memphis, TN 38111
1 / 28

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1 Bed

$995

Refrigerator Kitchen Microwave Stainless Steel Appliances Gated
Springs at Colonial

2925 Countrywood Pky, Cordova, TN 38016
1 / 48

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Studio

$1,105+

1 Bed

$1,374+

2 Beds+

$1,665+

2 Months Free

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
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1 Bed

$1,590+

2 Beds

$1,840+

3 Beds

$2,550+

Discounts

Pets Allowed Stainless Steel Appliances
Grays Creek Apartments

211 Gilroy Dr, Cordova, TN 38018
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1 Bed

$1,519+

2 Beds

$1,810+

3 Beds

$2,395+

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 4 more rentals that closely match your search.
The Water Tower District at Schilling Farms

113 Vermilion Way W, Collierville, TN 38017
1 / 55

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1 Bed

$1,725+

2 Beds

$2,374+

3 Beds

$2,812+

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

$1,655+

2 Beds

$2,304+

3 Beds

$2,742+

Pets Allowed Fitness Center Pool Dishwasher Refrigerator Kitchen
The One at Millington

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

$1,400+

2 Beds

$1,650+

3 Beds

$1,950+

Discounts

Pets Allowed Fitness Center Pool High-Speed Internet Online Services EV Charging
Forest Creek Townhomes

4627 Irene Woods Ln, Collierville, TN 38017
1 / 50

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3 Beds

$2,600+
Springs at Ashby

250 Maynard Way, Collierville, TN 38017
1 / 35

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Studio

$1,328+

1 Bed

$1,598+

2 Beds+

$1,844+

Specials
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

$1,210

Unit 103 at Springs at Colonial

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

$2,030

Unit 01-231 at The Westerly at Union Depot

6840 Union Depot Dr, Bartlett, TN 38133
1 Bed, 1 Bath, 906 sq ft

$1,849

Unit 03-206 at Grays Creek Apartments

211 Gilroy Dr, Cordova, TN 38018

Tennessee Shelby County Memphis

Newly Constructed Memphis, TN Apartments for Rent

Find 329 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 $1,043. When you rent an apartment in Memphis, you can expect to pay as little as $961 or as much as $1,292, depending on the location and the size of the apartment.
: The average rent for a studio apartment in Memphis, TN is $961 per month.
: The average rent for a one bedroom apartment in Memphis, TN is $1,043 per month.
: The average rent for a two bedroom apartment in Memphis, TN is $1,079 per month.
: The average rent for a three bedroom apartment in Memphis, TN is $1,292 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.