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Apartments for Rent in Memphis, TN
1,327 Rentals Available

  • Resident Rated
    Spacious kitchen with stainless steel appliances at Grand Island Apartments in Memphis TN 38103 - Photo Gallery 2 Dining Room at Grand Island Apartments in Memphis TN 38103 - Photo Gallery 3
    Today

    300 Grand Island Dr, Memphis, TN 38103
    12 Units available
    1 BED $1,536+
    2 BEDS $1,681+
    3 BEDS $2,200+
    Property reviews
    4/5 Anonymous on Sep 1, 2023

    I have lived in Grand Island for one year now and have just renewed my lease. I plan to live in these apartments for the next few years as they have been a great place to reside. The location is perfect and the renovated units are nice. It is a great place to walk my dog. I am in awe at how Grand Island seems to be one of the only apartments who is able to maintain power during storms on Mud Island. The only thing I would improve is the timing of maintenance requests.

    4/5 Anonymous on May 1, 2023

    We have been living in Gran Island Apartments since September - we do enjoy the closeness to the river, good facilities, and modern amenities.

  • Resident Rated
    Exterior view of Building The Nova, Memphis, TN - Photo Gallery 2 Exterior view of buildings at The Nova, Memphis, Tennessee - Photo Gallery 3
    Today

    6355 Briar Patch Lane, Memphis, TN 38115
    18 Units available
    1 BED $882+
    2 BEDS $1,028+
    Property reviews
    5/5 Demonda B. on Aug 22, 2023

    Its been the best do far no major problems or issues

    5/5 Timothy R. on Mar 22, 2023

    I’ve lived here for the last 5 or 6 years and it’s been great. The noise is at a minimum and location is not far from my job as well as the shopping centers. I’ve enjoyed my stay here very much .

  • Resident Rated
    Exterior view of building The Local, Memphis, TN - Photo Gallery 2 Top view Swimming pool at The Local Memphis, TN - Photo Gallery 3
    Today

    3251 Knight Trails Circle, Memphis, TN 38115
    5 Units available
    1 BED $825+
    2 BEDS $992+
    Property reviews
    5/5 Dennis M. on Mar 5, 2023

    Great property to leave and nice neighbors and neighborhood all around you.

    5/5 Derek T. on Feb 2, 2023

    I have no problems

  • Top Rated for Location
    Elegant Living Room at The District, Memphis, Tennessee - Photo Gallery 2 Modern living room at The District, Memphis, TN - Photo Gallery 3
    Today

    6420 Knight Arnold Rd, Memphis, TN 38115
    50 Units available
    1 BED $825+
    2 BEDS $930+
    Property reviews
    5/5 KenDreacus on Aug 22, 2023

    Since ive moved here ive had zero problems with parking staff

    5/5 Tyeshia P. on Jul 1, 2023

    I love everything about my new apartment . Ms ciara was excellent she was so kind. She made sure this apartment is whst i wanted and not just throw me in somthing. I will most definitely be a tenant for a long time.

  • Top Rated for Location
    Kitchen with Stainless Steel Appliances at Harbor Island located in Memphis, TN 38103 - Photo Gallery 2 Kitchen with Stainless Steel Appliances and Wood Cabinets at Harbor Island located in Memphis, TN 38103 - Photo Gallery 3
    Today

    444 Island Drive, Memphis, TN 38103
    9 Units available
    1 BED $1,434+
    2 BEDS $1,887+
    3+ BEDS $2,983+
    Property reviews
    5/5 Claire T. on Jun 20, 2023

    Wonderful location with beautiful apartment interiors and great amenities. Having trash valet feels like such a luxury when they take it straight from outside your door for more than half the week. The pool is clean and well maintained, the gate access is simple and easy for guests as well. The area is quiet, with nearby greenery and (for my building) some great riverfront views. The dumpster/trash compacter (for larger trash) is even offset at a lower level so that you can just walk up to it and not have to lift over your head to get stuff in. Interior is reasonably spaced, great closets, counterspace, and cabinetry (including in the bathroom), the lighting is well thought out, and the water pressure is decent. 10/10, I think I'll be staying here for the entire four years of residency.

    4.5/5 Anonymous on May 1, 2023

    So far so good. Just moved in and I love it

  • Resident Rated
    Bathroom at The Stella in Memphis, TN - Photo Gallery 2 Living Room at The Stella in Memphis, TN - Photo Gallery 3
    Today

    2165 E. River Trace Dr., Memphis, TN 38134
    11 Units available
    1 BED $925
    2 BEDS $1,145
    3 BEDS $1,450
    Property reviews
    5/5 Anonymous on Sep 6, 2023

    Just moved in and am blown away with the quiet and beauty.

    5/5 Anonymous on Apr 13, 2023

    Mr. Davenport is an excellent leasing agent.

  • Top Rated for Location
    a kitchen and dining area in a 555 waverly unit - Photo Gallery 2 a living room with a ceiling fan and a kitchen in the background - Photo Gallery 3
    Today

    8993 Crestwyn Hills Drive, Memphis, TN 38125
    29 Units available
    1 BED $1,565+
    2 BEDS $1,710
    3 BEDS $2,530
    Property reviews
    5/5 Sceva R. on Mar 31, 2023

    Great living here. Nice and quiet. Quality apartments. Staff is extremely nice.

    4/5 Anonymous on Jul 14, 2023

    These Apartments are newly built and modern.

  • Top Rated for Location
    Fully Equipped Kitchen at The Edge of Germantown, Tennessee, 38120 - Photo Gallery 2 Stainless Steel Sink With Faucet at The Edge of Germantown, Memphis, TN, 38120 - Photo Gallery 3
    Today

    1730 Hunters Trace Dr, Memphis, TN 38120
    10 Units available
    1 BED $1,116+
    2 BEDS $1,488+
    Property reviews
    5/5 Maria E. on Aug 26, 2019

    This is a great place to live. I have been here for nearly six years now, and I love it. Shelby and Janice are awesome so helpful I quickly felt at home when I moved here. Maintenance is the best! I love the pool and fitness center. It's a great community and very safe. I can't think of another place to be.

    5/5 Anoop B. on Sep 27, 2017

    Good living community

  • Resident Rated
    Have rent special Rent Specials
    a kitchen with white cabinets and black appliances - Photo Gallery 2 a living and dining room area with a wooden table and blue chairs - Photo Gallery 3
    Today

    1392 Equestrian Drive, Cordova, TN 38016
    30 Units available
    1 BED $1,089+
    2 BEDS $1,335+
    3 BEDS $1,561+
    Property reviews
    4.5/5 Anonymous on Aug 30, 2023

    Been here since 2020. No legit issue with the place other than if you need something fixed it can take awhile for maintenance to fix it at times. Everything else is good.

    4/5 Anonymous on Feb 25, 2023

    I’ve been here almost 3 years. Haven’t had too many issues. I would recommend. I think I rather have them spend money updating the actual inside of the apartments rather than spend money on painting the outside ???????

  • Top Rated for Location
    an outdoor pool with blue chairs and umbrellas in front of an apartment building - Photo Gallery 2 an outdoor pool with a fountain in front of a white building - Photo Gallery 3
    Today

    205 Pasadena Place, Memphis, TN 38104
    27 Units available
    1 BED $1,430+
    2 BEDS $1,910+
    3 BEDS $2,410
    Property reviews
    5/5 Anonymous on Jul 25, 2023

    Great location, awesome pool and other amenities.

  • Top Rated for Staff
    Exterior at Link Apartments® Broad Ave, Memphis, Tennessee - Photo Gallery 2 Home sign at Link Apartments® Broad Ave, Memphis, Tennessee - Photo Gallery 3
    Today

    2540 Broad Ave, Memphis, TN 38112
    Available
    Studio $1,134
    1 BED $1,375+
    2 BEDS $1,956+
    Property reviews
    4/5 Anonymous on Apr 24, 2023

    Nice apartments. Love the location so far

  • Today

    125 Gayoso Ave, Memphis, TN 38103
    Available
    Studio $1,330
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    Overview

    The Apartments at Peabody Place featuring Pembroke Square is downtown living at its finest. Located in the heart of downtown Memphis' historic block on Main Street, you can have modern living mixed with the classic feel of the buildings' history. Pembroke Square at Peabody Place is located just minutes away from world class dining, entertainment and the retro 1910 trolley line. You will be minutes away from AutoZone Park which is home to the Memphis Redbirds and the FedEx Forum, as well as Beale Street and the world famous medical district. With spectacular views of the rolling Mississippi River and beautiful downtown Memphis, our controlled accessed community also offers a 24-hour fully equipped fitness center, a rooftop lounge with a panoramic view of the mighty Mississippi, ample storage space, and uniquely designed floor plans. Our beautiful Studio, 1, and 2 bedroom apartment homes offer exquisite moldings, stained glass, soaring ceilings, bay windows, original 1904 tile, and more!

    Amenities
    • Hardwood Floors
    • Laundry Facilities
    • Fitness Center
    • Pets Allowed
  • Today

    5335 Wythe Cv, Memphis, TN 38135
    3 BEDS $1,525
  • Today

    8293 George Brett Dr, Cordova, TN 38018
    1 BED $985+
    2 BEDS $1,195+
  • Today

    1726 S. Orleans Street, Memphis, TN 38106
    2 BEDS $586+
  • Today

    3427 Southern Avenue, Memphis, TN 38111
    Studio $725
    1 BED $950
    2 BEDS $1,000+
  • Today

    300 Grand Island Dr, Memphis, TN 38103
    1 BED $1,536+
    2 BEDS $1,681+
    3 BEDS $2,200+
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  • Today

    2154 Meadow Glade Ln, Memphis, TN 38134
    1 BED $934+
    2 BEDS $1,080+
  • Today

    7965 Humphreys Hill Dr, Cordova, TN 38016
    1 BED $1,187+
    2 BEDS $1,658+
  • Today

    1350 Concourse Avenue, Suite 750, Memphis, TN 38104
    Studio Ask for Pricing
    1 BED $1,862+
    2+ BEDS $1,785+
  • Today

    6653 North Quail Hollow, Memphis, TN 38120
    1 BED $973+
    2 BEDS $1,233+
  • Today

    6355 Briar Patch Lane, Memphis, TN 38115
    1 BED $882+
    2 BEDS $1,028+
  • Today

    45 South Idlewild Street, Memphis, TN 38104
    Studio $875+
    1 BED $1,000
    2 BEDS $1,399
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  • Today

    4537 Mill Stream Dr, Memphis, TN 38116
    1 BED $597+
    2 BEDS $679+
    3 BEDS $1,014+
  • Today

    8125 Rockcreek Place, Cordova, TN 38016
    1 BED $1,199
    2 BEDS $1,424
271-0-city

Popular searches Average rent Renters guide Demographics

Average rent in Memphis, TN

$1,080/mo Memphis, TN average rental price, July 2023
Image Average Rent

The average monthly rent of apartments in Memphis, TN is $1,080.

    Memphis, TN apartment rent ranges

    About 32% of apartment rents in Memphis, TN range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 11% of apartments. Around 46% of Memphis’s apartments are in the $701-$1,000 price range. 9% of apartments are priced between $501-$700.

    Memphis, TN rent trends

    Getting around in Memphis, TN

    54 /100
    Somewhat Walkable
    34 /100
    Some Transit
    43 /100
    Somewhat Bikeable
    Walk Score®: 54, Transit Score®: 34, Bike Score®: 43

    Frequently asked questions

    When were prices and availability in Memphis, TN last updated?

    Prices and availability in Memphis, TN were last updated on 28 Sep 2023.

    What are the best apartments in Memphis, TN?

    The best apartments in Memphis, TN are: Grand Island Apartments, The Local, City Place at Germantown Apartments, The Edge of Germantown and The Stella.

    What is the average rent in Memphis, TN?

    The average rent in Memphis, TN is $1,080. Start your search for apartments in Memphis, TN now.

    What is the price range for a studio apartment in Memphis, TN?

    The price range for a studio apartment in Memphis, TN is between $725 and $4,406. View all studio apartments in Memphis, TN.

    What is the price range for a 1-bedroom apartment in Memphis, TN?

    The price range for a 1-bedroom apartment in Memphis, TN is between $300 and $6,244. Browse all available 1-bedroom apartments in Memphis, TN now.

    What is the price range for a 2-bedroom apartment in Memphis, TN?

    The price range for a 2-bedroom apartment in Memphis, TN is between $300 and $7,603. Browse and find a 2-bedroom apartment in Memphis, TN.

    What is the price range for a 3-bedroom apartment in Memphis, TN?

    The price range for a 3-bedroom apartment in Memphis, TN is between $558 and $7,603. Browse all available 3-bedroom apartments in Memphis, TN.

    What type of rental buildings are in Memphis, TN?

    In Memphis, 53% of the residents are renting compared to 47% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 9% of Memphis’s rentals, 51% are small-scale complexes with under 50 units, and 39% are single-family rentals.

    What do typical apartment communities look like in Memphis, TN?

    The average age of rental buildings in Memphis is 39 years old, with 23% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 91% are garden-style apartment communities, 7% are mid-sized buildings, and 2% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

    What apartment floorplans are common in Memphis, TN?

    Rental apartments in Memphis come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 35% of the total apartments in the city, while 2-bedroom floorplans represent around 51% of all rentals in Memphis. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

    Memphis, TN in the news

    Living in Memphis, TN

    Living in location

    Within the rolling valleys of Chickasaw bluffs and immediately east of the Mississippi River is Memphis, the second-largest city in Tennessee. Memphis renters are largely musicians, students, and health care professionals who are 160 miles east of Little Rock, AR, and 210 miles southwest of Nashville, TN. As the "home of the blues and birthplace of rock and roll," renting in Memphis celebrates a deep cultural heritage rooted in music. For instance, renters can visit Elvis Presley's Graceland, the Stax Museum of American Soul, and Sun Studio (where Elvis Presley and Johnny Cash were first recorded) - just to name a few places. Meanwhile, renters with children enjoy the Children's Museum of Memphis, the Memphis Zoo, and the Fire Museum of Memphis, while public education is provided to renters by Memphis Shelby County Schools. The biggest industries when renting in Memphis are transportation and warehousing; health care; retail; and manufacturing (FedEx and AutoZone are both headquartered in the city).

    Renting in Memphis, TN

    Within Memphis, Cordova is a suburban neighborhood with single-family houses, townhouses, and apartments for rent near Shelby Farms Park and Wolfchase Galleria, whereas East Memphis has Mid-Century Modern, Colonial, Tudor, and ranch-style houses for rent along with apartments, and condominiums that are close to Dixon Gallery and The Pink Palace Museum. Similarly, renters in Midtown Memphis have Victorian, Craftsman, Colonial Revival, Tudor, and bungalow-style houses for rent, as well as modern apartment rentals - all of which are close to the Memphis Zoo and Overton Park. For comparison, Whitehaven features predominantly single-family houses for rent and apartment rentals with ranch-style, traditional brick exteriors and mid-century designs. Whitehaven rentals are also close to Graceland and Stax Museum of American Soul Music. Of course, some of the most luxurious mid-rise and high-rise apartments are in the downtown area.

    Things for renting

    Shopping in Memphis, TN

    Wolfchase Galleria in Cordova is the most popular shopping mall among renters, featuring department stores like Vans, Buckle, Dillard's and Express. Likewise, Oak Court Mall is another indoor shopping mall frequented by renters looking for Macy's, Dillard's, Aéropostale and H&M. Renters especially enjoy Carriage Crossing - an open-air mall with Forever 21 and more. Or, the Laurelwood Shopping Center is where renters browse J McLaughlin, J. Jill and Joseph. Additionally, the Shops of Saddle Creek feature well-known brands, like Apple, Fabletics and Anthropologie, while in the Broad Avenue Arts District, renters discover new fashions at Mbabzi House of Style, Falling Into Place and T. Clifton Art. Or, Overton Square is where renters find Breakaway Running, Sweet Noshings, The Ivory Closet and The Art Project. Also, in East Memphis, renters have a mixed selection of boutiques, antiques and Oak Court Mall. Popular grocery stores when renting in Memphis include Whole Foods Market, The Fresh Market, Kroger and Sprouts Farmers' Market.

    Transportation in Memphis, TN

    The Memphis Area Transit Authority (MATA) operates 47 bus routes and three trolley lines: The Main Street trolley takes renters throughout downtown Memphis, stopping on Beale Street and at the National Civil Rights Museum; the Riverfront trolley also takes renters throughout downtown, making 18 stops along the Mississippi River; and the Madison trolley takes renters to Midtown. Alternatively, MATA bus routes take renters downtown and throughout suburbs and past other neighborhood rentals: Route 1 bus takes renters downtown to Graceland; Route 100 extensively covers the downtown area; and Route 39 takes renters downtown to Memphis International Airport. The Sun Studio Shuttle also offers free transportation between music attractions, and bicycle rentals are available through the "BYcycle" app. Finally, when in need of a flight, renters travel through the Memphis International Airport.

    Look for apartments near me

    Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

    Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

    RentCafe 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 $558 and submit your rental application today!

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