Apartments For Rent in Memphis, TN
2,827 rentals
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- SPECIAL OFFERPET FRIENDLYTotal price$1,445 - $1,735/mo1-2 Beds1-2 BathsSouth Bluffs Apartments | 4 Riverview Dr W #2B-2Ba-1065Sqft,
Memphis, TN 38103 - SPECIAL OFFERPET FRIENDLY
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- $799 - $1,499/mo1-3 Beds1-2 BathsCovington Hills | 4800 Raleigh Lagrange Rd #2674-1,
Memphis, TN 38128 - $1,218 - $1,743/mo1-3 Beds1-2 BathsMAA Dexter Lake | 1505 Dexter Lake Dr #9143133,
Cordova, TN 38016 - $1,165 - $1,820/mo1-3 Beds1-2 BathsCrescent at Wolfchase Apartment Homes | 7819 Crescent Ridge Ln #79-101,
Memphis, TN 38133 - $999 - $1,649/moStudio-2 Beds1-2 BathsThe Melrose Midtown | 775 Melrose St #c67b1e5f4,
Memphis, TN 38104 - $1,055 - $1,360/mo1-3 Beds1-2 BathsOverton Gardens | 2760 Colony Park Dr #2153W-6,
Memphis, TN 38118 - $999 - $1,750/moStudio-2 Beds1-2 BathsSouth Line | 600 S Front St #1B-1Ba-700Sqft,
Memphis, TN 38103 - $637 - $837/mo1-3 Beds1-2 BathsHillcrest Apartments | 4155 Eastwind Dr #2bcf4f564,
Memphis, TN 38116 - $999 - $1,610/moStudio-2 Beds1-2 BathsSouth Junction Apartments | 9 E Carolina Ave #0B-1Ba-430Sqft,
Memphis, TN 38103 - $839 - $1,251/mo1-2 Beds1-2 BathsGreenbrook at Shelby Farms | 1400 Greenbrook Pkwy #RG471202,
Memphis, TN 38134 - $819 - $1,243/mo1-2 Beds1-2 BathsThe District Apartments | 6420 Knight Arnold Rd #255,
Memphis, TN 38115 - $1,105 - $2,365/moStudio-3 Beds1-2 BathsSprings at Colonial | 2925 Countrywood Pkwy #206,
Cordova, TN 38016 - $547 - $1,178/moStudio-4 Beds1-2 BathsEmberly Apartments | 3619 Kingsgate Dr #3693-4,
Memphis, TN 38116 - $849 - $2,000/moStudio-2 Beds1-2 BathsThe Bonsai at Central Gardens | 1387 Central Ave #101,
Memphis, TN 38104 - Total price$850 - $1,380/mo1-3 Beds1-2 BathsHickory Grove | 6277 Lake Arbor Dr #46-206,
Memphis, TN 38115 - $1,400 - $1,975/mo2 Beds2-3 BathsFairfax Manor Townhomes | 1875 Camberley Cir #1917-J,
Memphis, TN 38119 - $1,212 - $1,442/mo1-2 Beds1-2 BathsThe Wyndham Apartments | 7542 Legacy Dr #157616fe2,
Memphis, TN 38119 - $1,454 - $2,105/mo1-3 Beds1-3 BathsArbors River Oaks Apartments | 225 Arbor Commons Cir #1-01-206,
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Explore Neighborhoods in Memphis, TN
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What Locals Say about Memphis
Review Highlights
Memphis hums with soulful eats, leafy parks, and easy hops between Midtown and downtown. People love the food, Overton Park, walkable pockets, and quick drives to everything. They worry about crime, stray dogs, rough roads and sidewalks, and limited transit.
AI-generated summary of moderated reviews.
Average Rent Trends in Memphis, TN
Rent in Memphis, TN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,325 |
| Jul 2025 | $1,350 |
| Aug 2025 | $1,345 |
| Sep 2025 | $1,300 |
| Oct 2025 | $1,295 |
| Nov 2025 | $1,250 |
| Dec 2025 | $1,250 |
| Jan 2026 | $1,235 |
| Feb 2026 | $1,225 |
| Mar 2026 | $1,235 |
| Apr 2026 | $1,250 |
| May 2026 | $1,250 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $875 | $995 | $1,350 | $1,595 | $1,250 |
| Townhomes | $650 | $1,000 | $1,350 | $1,050 | $1,100 |
| Apartments and Condos | $850 | $907 | $1,395 | $1,500 | $902 |
| Houses | $750 | $995 | $1,350 | $1,595 | $1,390 |
Frequently Asked Questions about Rentals in Memphis, TN
- What is the average rent of an apartment in Memphis, TN?The average rent of an apartment in Memphis, TN is $943 per month. This is about 51% lower than the national average.
- What is the average rent of a house in Memphis, TN?The average rent of a house in Memphis, TN is $1,390 per month. This is about 28% lower than the national average.
- What is the average rent of a townhome in Memphis, TN?The average rent of a townhome in Memphis, TN is $1,100 per month. This is about 43% lower than the national average.
- When is the average rent cheapest in Memphis, TN?In the last year, the average rent in Memphis, TN was lowest in Nov 2025 when it was $1,250 per month.
- When is the average rent most expensive in Memphis, TN?In the last year, the average rent in Memphis, TN was highest in Apr 2025 when it was $1,350 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Memphis, TN?The average rent of a 1 bedroom apartment in Memphis, TN is $875 per month. That is about $200 less than the cost of a studio apartment.
- How many available rental listings are in Memphis, TN?There are 3,064 available rental listings in Memphis, TN.
- What colleges and universities are in Memphis, TN?Colleges and universities in Memphis, TN include: University of Memphis.
- What are some neighborhoods in Memphis, TN?Some neighborhoods in Memphis, TN include: East Memphis-Colonial-Yorkshire, White Haven-Coro Lake, Hickory Ridge-South Riverdale, Midtown, Raleigh.
- What are some zip codes in Memphis, TN?
- What are some cities near Memphis, TN?Some nearby cities include: Southaven, West Memphis, Horn Lake, Germantown, Bartlett. These cities may have more rental options to explore.











