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Apartments for Rent in Memphis, TN
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Memphis, TN in the News

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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!

Frequently Asked Questions

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

Prices and availability in Memphis, TN were last updated on 27 May 2022.

What are the best apartments in Memphis, TN?

The best apartments in Memphis, TN are: The Local, The District, The Edge of Germantown, The Stella and Edge at Lakeview.

What is the average rent in Memphis, TN?

The average rent in Memphis, TN is $1,005. 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 $850 and $5,932. 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 $548 and $4,724. 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 $550 and $4,865. 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 $749 and $5,932. Browse all available 3-bedroom apartments in Memphis, TN.

Memphis, TN Demographics

  • Total Population651,932
  • Female 308,460
    Male 343,472
  • Median Age34

Memphis, TN has a population of 651,932 according to the most recent data from the U.S. Census Bureau. 343,472 of Memphis’s residents are women and 308,460 are men. The median age of those who live in Memphis, TN is 34.

Average Rent in Memphis, TN

  • Memphis, TN Average Rental Price, February 2022 $1,005 /mo

The average monthly rent of apartments in Memphis, TN is $1,005.

    Memphis, TN Apartment Rent Ranges

    About 43% of apartment rents in Memphis, TN range between $701-$1,000. Meanwhile, apartments priced over $1,001-$1,500 represent 24% of apartments. Around 20% of Memphis’s apartments are in the $501-$700 price range. 1% of apartments are priced between < $500.

    Memphis, TN Rent Trends

    Average Rent Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Feb / 2022
    Memphis, TN $785 $787 $806 $815 $825 $845 $863 $887 $953 $984 $1,005
    National $1,362 $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628

    Compared to the national average rent of $1,628, the average rent in Memphis, TN is $1,005.

    Memphis, TN Households

    • Total Number of Households251,732
    • Family 142,433
      Non-family 109,299
    • Children 73,285
      No Children 178,447
    • Average People Per Household2.53
    • Median Household Income$41,228
    • Median Housing Costs Per Month$909

    According to U.S. Census data, there are 251,732 households in Memphis, TN. 142,433 are family households and 109,299 are non-family households. There are 73,285 households with children in Memphis and 178,447 households without children. On average, about 2.53 people live in a household in Memphis, TN. The median income of a Memphis household living in Memphis is $41,228 per year. The median housing costs per month are $909.

    Memphis, TN Education Statistics

    The level of education of the population of Memphis, TN is as follows: 5% have no high school education, 41% completed some high school, 25% partially completed college, 5% have an Associate Degree, 15% have a Bachelor Degree, and 9% have a Graduate Degree.

    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 $562 and submit your rental application today!

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!