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

  • Top Rated for Location
    Rent Specials
    Gourmet Kitchen With Island at The Tennessee Brewery, Memphis, Tennessee Courtyard Living Spaces at The Tennessee Brewery, Memphis, 38103
    4.5
    Today

    495 Tennessee Street, Memphis, TN 38103
    30 Units available
    1 BED $1,026
    2 BEDS $1,935+
    Property reviews
    5/5 Hayley on Aug 16, 2018

    I could not be happier with my decision to live here. I have consistently bugged the ladies in the office since the day I moved in, and they have handled each request efficiently and with a smile. The apartment itself is built extremely well. With the unit being new construction, I expected to find many issues right off the bat, but it's been the exact opposite. I toured many apartments throughout Memphis, and I am 100% satisfied with my choice to live at The Tennessee Brewery.

    5/5 Vasan S. on Jan 28, 2018

    A fantastic new development with amazing views of the river and city skyline. The units vary depending on size due to previously existing supporting structures. The ceilings are high and natural. This week place is close to Beale Street and the new Malco movie theater.

  • Top Rated for Staff
    Rent Specials
    a bedroom with a bed and a brick wall at Lofts at Union Alley, Tennessee a living room and kitchen with a checkered floor at Lofts at Union Alley, Memphis
    3.0
    Today

    110 Barboro Alley, Memphis, TN 38103
    1 Unit available
    STUDIO $1,216+
    1 BED Ask for Pricing
    Property reviews
    3.5/5 Jonathan on Aug 11, 2024

    The community is respectful, and the staff are helpful. The value for my apartment is excellent for its size and location. Not much in the way of amenities, but the savings from the lack of amenities is passed on to the tenant. Haven't had any major issues that require maintenance yet. Overall, a good exerience.

    2/5 Anonymous on Nov 25, 2023

    The Staff is very helpfull. The parking situation needs improvement.

  • Top Rated for Location
    Rent Specials
    Pet Wash Center at Metro67, Tennessee, 38103 a bedroom with a large bed and a large mirror at Metro67, Memphis, TN
    4.5
    Today

    67 Madison Ave., Memphis, TN 38103
    16 Units available
    STUDIO Ask for Pricing
    1 BED $1,351+
    2+ BEDS $1,902+
    Property reviews
    4.5/5 resident s. on Jan 1, 2020

    Great rooftop common space!

  • Today

    130 S Front Street, Memphis, TN 38103
    Available
    STUDIO $1,070
    1 BED $1,230
    2 BEDS $1,680
    Amenities
    • Hardwood Floors
    • Fitness Center
    • Pets Allowed
  • Today

    80 Virginia Avenue, West, Memphis, TN 38106
    STUDIO $952
    1 BED $1,507
    2 BEDS $1,650
  • Today

    7 Vance Ave, Memphis, TN 38103
    STUDIO $1,420+
    1 BED $1,475+
    2+ BEDS $3,080+
  • Today

    99 South Front Street, Memphis, TN 38103
    STUDIO $1,130
    1 BED $1,275
    2 BEDS $1,750
  • Today

    125 Gayoso Ave, Memphis, TN 38103
    STUDIO $1,205
    1 BED $1,455+
    2 BEDS $2,025+
  • Today

    495 Tennessee Street, Memphis, TN 38103
    1 BED $1,026
    2 BEDS $1,935+
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  • Today

    70 S 4Th St., Memphis, TN 38103
    STUDIO $909+
    1 BED $1,076+
    2+ BEDS $1,404+
  • Today

    50 Peabody Place, Memphis, TN 38103
    STUDIO $1,145
    1 BED $1,255+
    2 BEDS $1,785
  • Today

    One Dr. Martin Luther King Jr. Ave, Memphis, TN 38103
    STUDIO $1,315+
    1 BED $1,498+
    2 BEDS $3,242+
  • Today

    420 Monroe Avenue, Memphis, TN 38103
    STUDIO $1,299+
    1 BED $1,483+
    2 BEDS $2,176+
  • Today

    110 Barboro Alley, Memphis, TN 38103
    STUDIO $1,216+
    1 BED Ask for Pricing
  • Today

    1081 Court Ave, Memphis, TN 38104
    1 BED Ask for Pricing
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  • Today

    266 South Front Street, Memphis, TN 38103
    1 BED $1,160+
    2 BEDS Ask for Pricing
  • Today

    410 South Danny Thomas Blvd, Memphis, TN 38126
    Income Restricted
    1 BED $887
    2 BEDS $980+
    3+ BEDS $1,194
  • Today

    267 S. Main St., Memphis, TN 38103
    STUDIO $1,100
    1 BED $1,200+
    2 BEDS $1,300
  • Today

    67 Madison Ave., Memphis, TN 38103
    STUDIO Ask for Pricing
    1 BED $1,351+
    2+ BEDS $1,902+
  • Today

    60 S Main Street, Memphis, TN 38103
    STUDIO Ask for Pricing
    1 BED $1,045+
    2 BEDS $1,335
  • Today

    266 South Front Street, Memphis, TN 38103
    STUDIO Ask for Pricing
    1 BED $1,160+
    2 BEDS $1,610
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  • Today

    410 South Danny Thomas Blvd, Memphis, TN 38126
    Income Restricted
    1 BED $1,076
    2 BEDS $980+
    3 BEDS $1,194
  • Today

    457 Brightside St., Memphis, TN 38126
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    130 S Front Street, Memphis, TN 38103
    STUDIO $1,070
    1 BED $1,230
    2 BEDS $1,680
  • Today

    252 North Lauderdale, Memphis, TN 38105
    STUDIO $760
    1 BED $805
    2+ BEDS $1,000
20-5-nhood

Popular searches Average rent Renters guide Demographics

Average rent in Downtown Memphis, Memphis, TN

$1,418/mo Downtown Memphis, Memphis, TN average rental price, November 2024
Image Average Rent

The average monthly rent for an apartment in Downtown Memphis, Memphis, TN is around $1,418.

Downtown Memphis, Memphis, TN apartment rent ranges

A share of 13% of apartments in Downtown Memphis, Memphis, TN have the cheapest rents between $701-$1,000. Around 6% of rentals are in the most expensive price range of > $2,000. Around 52% of Downtown Memphis’s apartments have monthly rents between $1,001-$1,500. There are 29% of apartments with rents between $1,501-$2,000.

Downtown Memphis, Memphis, TN rent trends

Getting around in Downtown Memphis, TN

78 /100
Very Walkable
46 /100
Some Transit
81 /100
Very Bikeable
Walk Score®: 78, Transit Score®: 46, Bike Score®: 81

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 7 Dec 2024.

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

The best apartments in Downtown Memphis, Memphis, TN are: The Tennessee Brewery, Lofts at Union Alley, Metro67, Gayoso House at Peabody Place | Apartments and National Rose Co..

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

The average rent in Downtown Memphis, Memphis, TN is $1,418. 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 $909 and $3,415. 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 $887 and $3,892. 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 $980 and $6,189. 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 $1,194 and $3,355. Browse all available 3-bedroom apartments in Downtown Memphis, Memphis, TN.

What type of rental buildings are in Downtown Memphis, Memphis, TN?

In Downtown Memphis, 74% of the residents are renting compared to 26% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 34% of Downtown Memphis’s rentals, 55% are small-scale complexes with under 50 units, and 11% are single-family rentals.

Downtown Memphis, Memphis, TN demographics

  • 10,871Total Population
  • 5,076 Female
    5,794 Male
  • 34Median Age

In total, Downtown Memphis, Memphis, TN has 10,871 residents, 5,076 women and 5,794 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Memphis’s population is 34.

Downtown Memphis, Memphis, TN households

  • 1,937 Family
    3,643 Non-family
  • 880 Children
    4,699 No Children
  • 5,579Total Number of Households
  • 1.55Average People Per Household
  • $26,250Median Household Income

There is a total of 5,579 households in Downtown Memphis, Memphis, TN. Of these, 880 have children and 4,699 are without children. Per Census Bureau’s most current estimates, 1,937 family households and 3,643 non-family households live in this area. The size of a household in Downtown Memphis is 1.55 people, on average. The median household annual income in Downtown Memphis equals $26,250, and the monthly housing costs equal $890.

Downtown Memphis, Memphis, TN education statistics

According to data from the U.S. Census Bureau, 2% of the population in Downtown Memphis, Memphis, TN have no high school education, 33% went to high-school, and 17% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 25% hold a Bachelor Degree, and 20% 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 $760 and submit your rental application today!

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