Apartments for Rent in Memphis TN
9,518 Rentals Available
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1 Bed$1,400+Total Monthly PriceTotal Monthly Price NewPrices include all required monthly fees.
Pets Allowed In Unit Washer & Dryer High-Speed Internet Controlled Access Elevator
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Memphis Market Snapshot
Average 1-Bedroom Rent is $1,035/mo
Down -1% From Last Year
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1 Bed$1,145+2 Beds$1,350+Total Monthly PriceTotal Monthly Price NewPrices include base rent and required monthly fees of $35. Variable costs based on usage may apply.Base Rent:1 Bed$1,110+2 Beds$1,315+Specials
Pets Allowed Fitness Center Pool Dishwasher Clubhouse Balcony Package Service
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Showing 40 of 700 Results - Page 1 of 18
Explore Rent Prices Near Memphis, TN
Memphis, TN’s average rent price is $1,099 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.
| Average Rent | |
|---|---|
| Southaven | $1,142 |
| Cordova | $1,342 |
| Germantown | $1,442 |
| West Memphis | $800 |
| Bartlett | $928 |
Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.
Memphis, TN Apartments for Rent
Memphis lights up along the Mississippi River with everything from legendary music spots to sprawling parks. Beale Street comes alive with performances every night, while Sun Studio and Graceland draw music fans year-round to where rock and roll was born. When you're searching for apartments for rent in Memphis, neighborhoods like Midtown near Overton Square put you within walking distance of theaters, restaurants, and the Memphis Zoo, while Cooper-Young's tree-lined streets offer bungalow-style rentals close to neighborhood coffee shops and the annual Cooper-Young Festival. Downtown and South Main feature converted warehouse lofts just steps from the National Civil Rights Museum and Tom Lee Park along the riverfront. East Memphis provides garden-style options along the Poplar Avenue corridor with quick access to Shelby Farms Park—one of the largest urban parks in the country—and the Greenline trail system. The Crosstown Concourse anchors its namesake neighborhood with art spaces, dining, and offices surrounded by townhomes and rentals.
Getting to work is straightforward whether you drive or hop on the Main Street Trolley connecting Downtown's business district to the St. Jude campus, and major employers like FedEx World Hub and International Paper keep the city humming with opportunity. The Broad Avenue Arts District in Binghampton showcases colorful murals and dedicated bike lanes, while Harbor Town on Mud Island offers walking trails at Greenbelt Park with sweeping river views. Memphis-style barbecue is a way of life here—spots like Charlie Vergos' Rendezvous serve up the city's most famous export—and the food scene extends to Ethiopian fare at Abyssinia and everything in between. Whether you're looking for rentals near Overton Park or places close to the Shelby Farms Greenline, Memphis delivers affordable living with deep roots in music history and southern hospitality.
Memphis, TN Rental Insights
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The average rent in Memphis, TN is $1,035 per month. By comparison, renters across the U.S. pay an average of $1,627, which means housing in Memphis, TN is slightly less expensive than much of the country.
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Find affordable apartments for rent in Memphis, TN by browsing listings in budget-friendly neighborhoods such as New Allen Village, Whitehaven, and Parkway Village. Use filters by price, number of bedrooms, and amenities to narrow your search.
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The most popular ZIP codes for renters in Memphis, TN are 38111, 38104, 38112, 38114, and 38107.
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The cost of living in Memphis, TN is 10.8% lower than the national average. Daily expenses like housing, groceries, and transportation generally cost less than in many other U.S. cities.
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To live comfortably in Memphis, TN as a single adult with no dependents, aim for a salary of at least $71,000 before taxes. Expect to spend about $8,244/year for groceries, $11,088 for goods and services, and $25,740/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.
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You can find flexible rentals in Memphis, TN by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.
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Tour apartments from your couch with Matterport 3D Tours. We have 9,518 Memphis apartments with virtual tours available. Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.
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Memphis, TN has limited transit options. A car is recommended for most errands and commutes.
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Students renting in Memphis, TN have access to Christian Brothers University, University of Memphis, Rhodes College, and Harding University, Memphis.
Helpful Rental Guides for Memphis, TN
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