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Apartments for Rent in Downtown Memphis, Memphis, TN
69 Rentals Available

  • Today

    437 Monroe Ave Apt 114, Memphis, TN 38103
    1 Unit available
    • 1 BED
    • $1,135
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  • Top Rated for Location
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    130 S Front Street, Memphis, TN 38103
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    • Studio
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $1,185
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  • Top Rated for Location
    Today

    420 Monroe Avenue, Memphis, TN 38103
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    • Studio
    • 1 BED
    • 2 BEDS
    • $1,312+
    • $1,856+
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  • Resident Rated
    Today

    70 S 4Th St., Memphis, TN 38103
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    • Studio
    • 1 BED
    • 2+ BEDS
    • $1,273+
    • $1,375+
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  • Today

    437 Monroe Ave Apt 103, Memphis, TN 38103
    1 Unit available
    • 1 BED
    • $1,185
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  • Today

    437 Monroe Ave Apt 113, Memphis, TN 38103
    1 Unit available
    • 1 BED
    • $1,135
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  • Top Rated for Location
    Today

    67 Madison Ave., Memphis, TN 38103
    5 Units available
    • Studio
    • 1 BED
    • 2+ BEDS
    • $1,508+
    • $1,942+
    • $2,720+
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  • Today

    437 Monroe Ave Apt 109, Memphis, TN 38103
    1 Unit available
    • 1 BED
    • $1,135
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  • Today

    437 Monroe Ave Apt 110, Memphis, TN 38103
    1 Unit available
    • 1 BED
    • $1,135
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  • Today

    125 Gayoso Ave, Memphis, TN 38103
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    • Studio
    • 1 BED
    • 2 BEDS
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  • Today

    110 Barboro Alley, Memphis, TN 38103
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    • Studio
    • 1 BED
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    • Studio
    • 1
    • 2
    • 3
    • 4+
  • Today

    410 South Danny Thomas Blvd, Memphis, TN 38126
    7 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $900
    • $1,100
    • $1,340
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  • 453 days ago

    460 S. Lauderdale, Memphis, TN 38126
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    • 1 BED
    • 2 BEDS
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  • Today

    252 North Lauderdale, Memphis, TN 38105
    1 Unit available
    • Studio
    • 1 BED
    • 2+ BEDS
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  • Today

    1045 East EH Crump Blvd, Memphis, TN 38104-8421
    9 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $1,200+
    • $1,322+
    • $1,812+
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  • Today

    1045 E.H. Crump Blvd, Memphis, TN 38104
    4 Units available
    • 1 BED
    • 2 BEDS
    • 3+ BEDS
    • Ask for pricing
    • $1,596+
    • $1,812+
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  • Today

    198 North Pauline Street, Memphis, TN 38105-4000
    4 Units available
    • 1 BED
    • 2 BEDS
    • $1,479+
    • $1,710+
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  • Today

    198 North Pauline Street, Memphis, TN 38105-4000
    1 Unit available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • Ask for pricing
    • $1,614+
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  • Today

    600 S. Sommerville Street, Memphis, TN 38104-6211
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    • 1 BED
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  • Today

    374 Mill Avenue, Memphis, TN 38107
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    • 1 BED
    • 2 BEDS
    • 3 BEDS
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  • Today

    374 Mill Avenue, Memphis, TN 38107
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    • 1 BED
    • 2 BEDS
    • 3 BEDS
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  • Top Rated for Value
    Today

    374 Mill Avenue, Memphis, TN 38107
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    • 1 BED
    • 2 BEDS
    • 3 BEDS
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  • Today

    1292 Court Avenue, Memphis, TN 38104
    8 Units available
    • 1 BED
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  • Today

    1300 Goodbar Avenue, Memphis, TN 38104
    7 Units available
    • 2 BEDS
    • $700+
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  • Today

    306 South Cleveland Street, Memphis, TN 38104
    8 Units available
    • 1 BED
    • 2 BEDS
    • $850+
    • $850+
    View Property

Frequently Asked Questions

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

Prices and availability in Downtown Memphis, Memphis, TN were last updated on 15 May 2022.

What are the best apartments in Downtown Memphis, Memphis, TN?

The best apartments in Downtown Memphis, Memphis, TN are: 437 Monroe Ave Apt 109, Fielder Square, 437 Monroe Ave Apt 110, 437 Monroe Ave Apt 114 and The Rise.

What is the average rent in Downtown Memphis, Memphis, TN?

The average rent in Downtown Memphis, Memphis, TN is $1,384. Start your search for apartments in Downtown Memphis, Memphis, TN now.

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

The price range for a studio apartment in Downtown Memphis, Memphis, TN is between $1,185 and $3,600. View all studio apartments in Downtown Memphis, Memphis, TN.

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

The price range for a 1-bedroom apartment in Downtown Memphis, Memphis, TN is between $900 and $4,165. Browse all available 1-bedroom apartments in Downtown Memphis, Memphis, TN now.

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

The price range for a 2-bedroom apartment in Downtown Memphis, Memphis, TN is between $1,100 and $4,165. Browse and find a 2-bedroom apartment in Downtown Memphis, Memphis, TN.

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

The price range for a 3-bedroom apartment in Downtown Memphis, Memphis, TN is between $1,156 and $3,372. Browse all available 3-bedroom apartments in Downtown Memphis, Memphis, TN.

Downtown Memphis, Memphis, TN Demographics

  • Total Population11,487
  • Female 5,848
    Male 5,639
  • Median Age33.1

In total, Downtown Memphis, Memphis, TN has 11,487 residents, 5,639 women and 5,848 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Memphis’s population is 33.1.

Average Rent in Downtown Memphis, Memphis, TN

  • Downtown Memphis, Memphis, TN Average Rental Price, April 2022 $1,384 /mo

The average monthly rent for an apartment in Downtown Memphis, Memphis, TN is around $1,384.

Downtown Memphis, Memphis, TN Apartment Rent Ranges

A share of 1% of apartments in Downtown Memphis, Memphis, TN have the cheapest rents between $501-$700. Around 31% of rentals are in the most expensive price range of $1,501-$2,000. Around 15% of Downtown Memphis’s apartments have monthly rents between $701-$1,000. There are 49% of apartments with rents between $1,001-$1,500.

Downtown Memphis, Memphis, TN Rent Trends

Average Rent Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Apr / 2022
Downtown Memphis, Memphis, TN $1,153 $1,184 $1,177 $1,197 $1,206 $1,211 $1,251 $1,317 $1,395 $1,384
National $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628

The national average price of rental apartments is $1,628, while the average monthly rent in Downtown Memphis, Memphis, TN is $1,384.

Downtown Memphis, Memphis, TN Households

  • Total Number of Households5,301
  • Family 1,884
    Non-family 3,417
  • Children 823
    No Children 4,478
  • Average People Per Household1.78
  • Median Household Income$20,409
  • Median Housing Costs Per Month$740

There is a total of 5,301 households in Downtown Memphis, Memphis, TN. Of these, 823 have children and 4,478 are without children. Per Census Bureau’s most current estimates, 1,884 family households and 3,417 non-family households live in this area. The size of a household in Downtown Memphis is 1.78 people, on average. The median household annual income in Downtown Memphis equals $20,409, and the monthly housing costs equal $740.

Downtown Memphis, Memphis, TN Education Statistics

According to data from the U.S. Census Bureau, 3% of the population in Downtown Memphis, Memphis, TN have no high school education, 34% went to high-school, and 14% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 24% hold a Bachelor Degree, and 21% hold a Graduate Degree.

RentCafe is your one-stop shop for finding a great new apartment in Downtown Memphis, Memphis, TN. Easily search through a wide selection of apartments for rent in Downtown Memphis, 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 Downtown Memphis, Memphis, TN apartments with rents starting from $700 and submit your rental application today!

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