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Apartments for Rent in Memphis, TN - 938 Rentals available

  • Apartment
    57 N. Somerville St, Memphis, TX 38104
    $740
    • 1 Bed
    • 1 Bath
    Connecting Displaced Residents of Hurricane Harvey
    (936) 703-2899
  • Apartment
    1770 Piping Rock Drive, Memphis, TN 38116
    $451 - $804
    • 1-4 Beds
    • 1-2 Baths
    Available Today!
    (901) 332-0472
  • Apartment
    1810 West Wolfchase Circle, Cordova, TN 38016
    $804 - $1,330
    • 1-3 Beds
    • 1-2 Baths
    Available Today!
    (901) 752-3811
  • Apartment
    70 S 4Th St., Memphis, TN 38103
    $861 - $3,342
    • Studio-3 Beds
    • 1-2 Baths
    LMS Real Estate Investment Management, LLC
    Available Today!
    (901) 543-8700
  • Apartment
    3541 Mediterranean Dr, Memphis, TN 38118
    $600
    • 1-2 Beds
    • 1-2 Baths
    Available Today!
    (901) 365-7160
  • Apartment
    2778 Pickering Drive, Memphis, TN 38115
    $520 - $800
    • 1-3 Beds
    • 1-2 Baths
    Available Today!
    (844) 872-9851
  • Apartment
    6277 Lake Arbor Drive, Memphis, TN 38115
    $525 - $820
    • 1-3 Beds
    • 1-2 Baths
    Available Today!
    (844) 829-4921
  • Apartment
    5995 Waterstone Oak Way, Memphis, TN 38115
    $500 - $850
    • 1-3 Beds
    • 1-2.5 Baths
    Available Today!
    (844) 368-6846
  • Townhouse
    1669 Randolph Place, Memphis, TN 38120
    $875 - $1,500
    • 2-3 Beds
    • 1.5-2.5 Baths
    Oakland Management Corporation
    (833) 674-0136
  • Apartment
    225 Arbor Commons Circle, Memphis, TN 38120
    $790 - $2,171
    • 1-3 Beds
    • 1-2.5 Baths
    (844) 366-6359
  • Apartment
    100 Riverset Lane, Memphis, TN 38103
    $900 - $1,430
    • 1-2 Beds
    • 1-2 Baths
    Trilogy Residential Management
    (901) 530-1010
  • Apartment
    3048 Moriah Trail, Memphis, TN 38115
    $500 - $1,110
    • 1-2 Beds
    • 1-2.5 Baths
    (855) 736-8223
  • Apartment
    2851 N Houston Levee Road, Cordova, TN 38016
    $925 - $1,195
    • 1-3 Beds
    • 1-2 Baths
    (901) 531-9884
  • Apartment
    3769 Skipping Stone Trace, Memphis, TN 38125
    $935 - $1,665
    • 1-3 Beds
    • 1-2 Baths
    (844) 357-6683
  • Apartment
    3860 Eaglewood Drive, Memphis, TN 38115
    $499 - $728
    • 1-3 Beds
    • 1-2 Baths
    (901) 546-9669
  • Apartment
    1400 Greenbrook Parkway, Memphis, TN 38134
    $625 - $799
    • 1-3 Beds
    • 1-2 Baths
    (901) 386-1991
  • Apartment
    2154 Meadow Glade Lane, Memphis, TN 38134
    • 1-2 Beds
    • 1-2 Baths
    (901) 382-6080
  • Apartment
    3565 Mynders Ave, Memphis, TN 38111
    • 2-4 Beds
    • 2-4 Baths
    Spaces Management (Student Cafe)
    (901) 480-4700
  • Apartment
    7965 Humphreys Hill Drive, Cordova, TN 38016
    $870 - $1,500
    • 1-2 Beds
    • 1-2 Baths
    (901) 881-5394
  • Apartment
    2718 Claudette St. , Memphis, TN 38118
    $410 - $599
    • 1-3 Beds
    • 1-2 Baths
    (901) 362-7837
  • Apartment
    4500 Stonegate Drive, Memphis, TN 38128
    $565 - $700
    • 1-3 Beds
    • 1-2 Baths
    (844) 739-9162
  • Apartment
    8037 Waterford Circle, Memphis, TN 38125
    $895 - $1,840
    • 1-3 Beds
    • 1-2 Baths
    Trilogy Residential Management
    (901) 530-1009
  • Apartment
    8920 Walnut Grove Road, Cordova, TN 38018
    $790 - $1,760
    • 1-3 Beds
    • 1-2 Baths
    (844) 357-4079
  • Apartment
    9135 Morning Ridge Road, Cordova, TN 38016
    $710 - $1,375
    • 1-3 Beds
    • 1-2 Baths
    (844) 703-1306
  • Apartment
    9940 Paddle Wheel Ln, Cordova, TN 38016
    $794 - $1,087
    • 1-3 Beds
    • 1-2 Baths
    (901) 382-8182

Renter's Guide to Memphis

Not many cities have more culture and history than Memphis.  Whether it's Aretha Franklin, Johnny Cash, or Elvis Presley—they all got their start in this Tennessee city. Memphis is rated among the top cities for live music, particularly blues.

But music history isn't the only thing to look forward to in Memphis. The city's also known for its incredible food and great arts scene.

And it ranks among the best cities in the country for starting a business—the first Holiday Inn and Piggly Wiggly were launched in Memphis, for instance.

While Memphis has the largest population of any city in Tennessee, it's 60% smaller than Nashville in overall size. At 324 square miles, however, Memphis is still almost three times bigger than Atlanta, GA.

Memphis is located 210 miles from Nashville and 383 miles from Atlanta, making both cities accessible by car.

The weather in Memphis is considered humid subtropical, which means very warm and humid summers, with an average temperature of 83ºF. Of course, it gets plenty hotter than that.

Winters are a bit chillier, with an average temp of 41°F, and snow is fairly common during the coldest months.

Memphis, TN Demographics

  • Total Population656,134
  • Female 310,753
    Male 345,382
  • Median Age33.5

Cost of Living in Memphis, TN

Cost of living is always a big factor in choosing a place to live. So what kind of budget does Memphis require?

Let's take a look at some basic expenses. For a dinner for two at a middle of the road restaurant, you can expect the check to be around $40. Add an extra $2.75 for each bottle of domestic beer.

When it comes to public transportation, bus fare comes in at $1.75 per ride—or $1.35 if you're a student. $50 will get you a 31-day pass.

Then there's your bills. For a 915-square-foot apartment you'll be looking at a utility bill of around $115, after you account for electric, heat, water, and waste collection. Keep in mind that the national average is $147.

Average Rent in Memphis, TN

  • Memphis, TN Average Rental Price, September, 2017$719/mo
  • Studio$623
  • 1 Bedroom$683
  • 2 Bedrooms$735

Memphis, TN Apartment Rent Ranges

  • < $50014%
  • $501-$70040%
  • $701-$1,00032%
  • $1,001-$1,50012%
  • $1,501-$2,0001%

Memphis, TN Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
September, 2017 $719 $623 $683 $735
Sept / 2016 $729 $645 $689 $740
May / 2016 $711 $599 $677 $724
Jan / 2016 $703 $562 $662 $719
Sept / 2015 $701 $588 $665 $716
May / 2015 $693 $586 $659 $709
Jan / 2015 $685 $563 $649 $700
Sept / 2014 $681 $565 $649 $694
May / 2014 $692 $557 $650 $707
Jan / 2014 $570 $572 $578
/

Living in Memphis

Let's take a look at some of the pros and cons of living in Memphis, TN.

Living in Memphis has some definite pros, like the city's rich culture, excellent food, great music, and bustling nightlife. All of that contributes to a strong tourism industry. If munching on ribs and listening to live blues is your thing, this place can't be beat.

But the Blues Capital has some definite drawbacks as well, particularly the high crime and poverty rates, combined with less-than-ideal public schools. These aren't deal breakers for most Memphis residents, but they're definitely something to keep in mind.

Things to do in Memphis

There's never a shortage of things to do in Memphis. For starters, you've got the iconic Beale Street, which serves as hub for music, food, and nightlife. The street is over a mile long and has tons of restaurants and venues to choose from.

From there, you can spend some time learning about the history of blues and rock 'n' roll. Graceland—the former home of Elvis Presley—is a favorite among tourists. You can explore his old home and learn about his life and music.

Then there's Sun Studio, where the first rock 'n' roll single was supposedly recorded back in 1951. During its heyday, the studio hosted everyone from Johnny Cash and B.B. King to Howlin' Wolf and Elvis Presley.

The Memphis Rock 'n' Soul Museum is another great place to learn about the city's rich music history. Or you can go in a different direction, exploring the National Civil Rights Museum. It's located at the Lorraine Motel, where Martin Luther King was tragically shot and killed in 1968.

For something a little more kid-friendly, try the Memphis Zoo—lions, tigers and bears, oh my. Or take a stroll along the Mississippi River at the Mississippi Greenbelt Park. Overton Park is another great place for a walk or a picnic.

Music lovers will get a kick out of Memphis in May, a whole month of events that comes around every year. You'll be treated to tons of different types of music, week after week.

But Memphis is more than just music. They've also got a booming sports scene. There's the Memphis Grizzlies professional basketball team, University of Memphis Tigers basketball and football, and the Memphis Redbirds minor league baseball team.

And shopaholics can make their way over to Wolfchase Galleria, one of the city's best shopping centers.

Working in Memphis

The biggest industries in Memphis include tourism, manufacturing, service, and agribusiness. With so much culture and history, people visit the city year round to get a glimpse.

The city also hosts the headquarters to several major companies, including Fedex, Autozone, International Paper, and Ducks Unlimited. These are also some of Memphis' biggest employers.

Memphis, TN Households

  • Total Number of Households248,091
  • Family 146,845
    Non-family 101,245
  • Children 77,710
    No Children 170,381
  • Average People Per Household2.61
  • Median Household Income$32,606
  • Median Housing Costs Per Month$864

Top Colleges in Memphis

If you're a student, the University of Memphis is definitely worth checking out. It offers programs in law, nursing, science, fine arts, and more.

There's also the Rhodes College, one of the top liberal arts colleges in the country. Or if you're looking for a shorter or cheaper degree, Southwest Tennessee Community College is worth a shot.

Memphis, TN Education Statistics

  • No High School5%
  • Some High School41%
  • Some College26%
  • Associate Degree5%
  • Bachelor Degree15%
  • Graduate Degree8%

Tips for Renting in Memphis

 

If you're considering Memphis as a new place to live, it's helpful to know some of the renters’ rights you're entitled to as a tenant.

In the state of Tennessee, landlords can charge a late fee if your rent is 5 or more days late. The late fee must be less than 10% of your total rent and can't be assessed on a Sunday.

If you're served an eviction notice, you have 14 days to fix the problem and if you don't, you're given an additional 16 days to move out.

On the other hand, if your landlord fails to live up to their end of the lease, particularly when it comes to necessary repairs, tenants are able to withhold a portion of their rent.

RENTCafé is your one-stop shop for finding a great new apartment in Memphis, TN. Easily search through a wide selection of apartments for rent in Memphis, TN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Memphis, TN apartments with rents starting from $410 and submit your rental application today!

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