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Apartments for Rent in 38103, TN

503 Rentals Available
  • 36
    Top Rated for Location
    a kitchen with white cabinets and black and white appliances at Arbors Harbor Town, Memphis, TN a bedroom with a bed and a chair in a room at Arbors Harbor Town, Memphis, Tennessee
    4.5
    7 days ago

    671 Harbor Edge Drive, Memphis, TN 38103
    23 Units available
    1 BED $1,299+
    2 BEDS $1,361+
    3 BEDS $2,008+
    a kitchen with white cabinets and black and white appliances at Arbors Harbor Town, Memphis, TN a bedroom with a bed and a chair in a room at Arbors Harbor Town, Memphis, Tennessee Renovated Dining Room with Wood Style Flooring Image at Arbors Harbor Town, Memphis, TN the preserve at ballantyne commons apartment pool at Arbors Harbor Town, Memphis, TN, 38103
    Property reviews
    5/5 Anonymous on Sep 13, 2024

    I love it. Been here around 10 years the pool is awesome

    5/5 Anonymous on Mar 16, 2024

    Convenient location, close to the medical district. Very quiet neighborhood. Maintenance is always acting and responding very quickly.

  • 37
    Top Rated for Location
    Rent Specials
    A bedroom with a large bed and a painting on the wall. A pool table is in the middle of a room with a carpeted floor.
    4.5
    Today

    67 Madison Ave., Memphis, TN 38103
    Income Restricted
    STUDIO $1,333+
    1 BED $1,499+
    2 BEDS $1,923+
    A bedroom with a large bed and a painting on the wall. A pool table is in the middle of a room with a carpeted floor. Social Lounge at Metro67, Tennessee, 38103 Building Exterior at Metro67, Tennessee
    Property reviews
    4.5/5 resident s. on Jan 1, 2020

    Great rooftop common space!

  • 25
    Top Rated for Location
    Rent Specials
    Gourmet Kitchen With Island at The Tennessee Brewery, Memphis, Tennessee resident lounge with a large table and chairs. at The Tennessee Brewery, Memphis
    4.5
    7 days ago

    495 Tennessee Street, Memphis, TN 38103
    13 Units available
    STUDIO $1,200
    1 BED $1,200
    2 BEDS $1,767
    Gourmet Kitchen With Island at The Tennessee Brewery, Memphis, Tennessee resident lounge with a large table and chairs. at The Tennessee Brewery, Memphis A small pool surrounded by orange chairs and umbrellas. at The Tennessee Brewery, Memphis, 38103 A gym with a variety of equipment including treadmills, weights, and a squat rack. at The Tennessee Brewery, Memphis
    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.

  • 33
    Top Rated for Staff
    Rent Specials
    Kitchen with Stainless Steel Appliances at Grand Island Apartments, Memphis Secondary bedroom with ceiling fan and large window at Grand Island Apartments in Memphis TN 38103
    4.0
    7 days ago

    300 Grand Island Dr, Memphis, TN 38103
    13 Units available
    1 BED $1,365+
    2 BEDS $1,570+
    3 BEDS $1,950+
    Kitchen with Stainless Steel Appliances at Grand Island Apartments, Memphis Secondary bedroom with ceiling fan and large window at Grand Island Apartments in Memphis TN 38103 Leasing Office at Grand Island Apartments, Memphis, TN Pool and sundeck overlooking pyramid at Grand Island Apartments in Memphis TN 38103
    Property reviews
    5/5 Anonymous on Apr 23, 2025

    Love Grand Island!! Highly recommend this complex, especially if you are new to Memphis! Great location!

    4.5/5 Tyrone on Nov 8, 2024

    Great staff, lovely apartments, love that they are pet friendly.

  • 37
    Top Rated for Location
    Rent Specials
    Spacious Kitchen at Harbor Island Apartments, Memphis Bedroom with Ceiling Fan at Harbor Island Apartments, Tennessee
    4.5
    7 days ago

    444 Island Drive, Memphis, TN 38103
    10 Units available
    1 BED $1,794+
    2 BEDS $1,998+
    3 BEDS $3,366+
    Spacious Kitchen at Harbor Island Apartments, Memphis Bedroom with Ceiling Fan at Harbor Island Apartments, Tennessee Pool and View of Pyramid at Harbor Island Apartments, Memphis, TN Fitness Center at Harbor Island Apartments, Memphis, TN
    Property reviews
    5/5 Anonymous on Dec 3, 2023

    Living at Harbor Island is very peaceful.

    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.

  • 90
    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
    Income Restricted
    STUDIO $949+
    1 BED $1,385+
    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 a view of a living room with a kitchen and a dining room at Union Alley, Tennessee, 38103 a bedroom with a bed and a painting on the wall at Lofts at Union Alley, Memphis
    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.

  • 56
    an apartment kitchen with black appliances and white counters and a stainless steel refrigerator a blue and white bedroom with a white bed and a blue accent wall
    Today

    130 S Front Street, Memphis, TN 38103
    Available
    STUDIO $999
    1 BED $1,160
    2 BEDS $1,660+
    an apartment kitchen with black appliances and white counters and a stainless steel refrigerator a blue and white bedroom with a white bed and a blue accent wall a row of dumbbells on a rack in a gym Beautiful Courtyard located right on Front Street, in the heart of Downtown Memphis
    Amenities
    • Hardwood Floors
    • Fitness Center
    • Pets Allowed
  • a living room with couches and chairs and a table
    106
    5 days ago

    70 S 4Th St., Memphis, TN 38103
    STUDIO $955+
    1 BED $1,085+
    2 BEDS $1,591+
  • a living room with couches and chairs and a fireplace
    32
    Today

    1445 River Estates Dr, Memphis, TN 38103
    1 BED $1,019+
    2 BEDS $1,452+
    3 BEDS $1,955+
  • a living room with furniture and a fireplace
    25
    Today

    1298 Mt Hope Dr, Memphis, TN 38103
    1 BED $1,177+
    2 BEDS $2,035+
    3 BEDS $1,948+
  • a living room with couches and a desk and a tv
    40
    Today

    1440 Island Park Drive, Memphis, TN 38103
    1 BED $1,152+
    2 BEDS $1,355+
    3 BEDS Ask for Pricing
  • A living room with a grey couch, a wooden dining table with chairs, a flat screen TV, and a coffee table with a plant on it.
    Today

    138 St Paul Avenue, Memphis, TN 38126
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
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  • a living room with a round table and a couch
    6
    7 days ago

    99 South Front Street, Memphis, TN 38103
    STUDIO $1,060+
    1 BED $1,330
    2 BEDS $1,549
  • a city street with cars and buildings and a mural on the side
    26
    1 day ago

    267 S. Main St., Memphis, TN 38103
    STUDIO $1,100
    1 BED $1,100+
    2 BEDS $1,375
  • A living room with a grey couch and a black and white rug.
    Today

    44 S. Front Street, Memphis, TN 38103
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • A living room with a grey couch and a coffee table.
    5
    Today

    125 Gayoso Ave, Memphis, TN 38103
    STUDIO $999
    1 BED $1,160
    2 BEDS $1,660+
  • a living room with leather furniture and large windows
    Today

    One Dr. Martin Luther King Jr. Ave, Memphis, TN 38103
    STUDIO $1,094+
    1 BED $1,311+
    2 BEDS $2,452+
  • A living room with a green chair and a brown rug.
    1 day ago

    100 Riverset Lane, Memphis, TN 38103
    1 BED $1,085+
    2 BEDS $1,255+
  • Interactive banner rent
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  • a large building on the corner of a city street
    Today

    50 Peabody Place, Memphis, TN 38103
    STUDIO $1,150
    1 BED $1,398+
    2 BEDS $1,923+
  • A house with a sign that says "Photos coming soon!"
    Today

    439 Beale St., Memphis, TN 38103
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • A modern living room with a glass table and a spiral staircase.
    1 day ago

    417 South Main Street, Memphis, TN 38103
    1 BED $1,700
  • a living room with couches and chairs and a logo on the wall
    27
    7 days ago

    711 N. Front Street, Memphis, TN 38107
    1 BED $1,230
    2 BEDS $1,700
  • A modern apartment building with a parking lot in front.
    8
    Today

    645 North Front Street, Memphis, TN 38107
    1 BED $1,140+
    2 BEDS $2,190
    3 BEDS $3,300
  • A small house with a grey roof and a white door is surrounded by greenery.
    Today

    823 Haynes, Memphis, TN 38111
    4 BEDS $1,550
  • Interactive banner bedroom
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  • A large building with a sign that says "Maple Woods Apartments West.".
    1 day ago

    262 Chelsea Avenue, Memphis, TN 38107
    2 BEDS Ask for Pricing
    3 BEDS $1,248+
21-4-zipcode
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38103 rent trends

Rental prices in 38103 have increased by 1.05% over the past year. The average rent moved from $1,548 to $1,564.

Average rent in 38103

$1,564/mo 38103 average rental price, September 2025
Image Average Rent

    What's the typical rent budget in 38103?

    The largest share of rentals in 38103 (52%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in 38103, TN

    17 /100
    Car-Dependent
    54 /100
    Good Transit
    63 /100
    Bikeable
    Walk Score®: 17, Transit Score®: 54, Bike Score®: 63

    Frequently asked questions

    When were prices and availability in 38103 last updated?

    Prices and availability in 38103 were last updated on 17 Nov 2025.

    What are the best apartments in 38103?

    The best apartments in 38103 are: Metro67, The Tennessee Brewery Apartments, Arbors Harbor Town, Lofts at Union Alley and Grand Island Apartments.

    What is the average rent in 38103?

    The average rent in 38103 is $1,621.

    What is the price range for a studio apartment in 38103?

    The price range for a studio apartment in 38103 is between $950 and $3,508.

    What is the price range for a 1-bedroom apartment in 38103?

    The price range for a 1-bedroom apartment in 38103 is between $1,019 and $3,373.

    What is the price range for a 2-bedroom apartment in 38103?

    The price range for a 2-bedroom apartment in 38103 is between $1,100 and $7,026.

    What is the price range for a 3-bedroom apartment in 38103?

    The price range for a 3-bedroom apartment in 38103 is between $1,154 and $4,438.

    What type of rental buildings are in 38103?

    In 38103, 69% of the residents are renting compared to 31% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 41% of 38103’s rentals, 55% are small-scale complexes with under 50 units, and 4% are single-family rentals.

    38103 demographics

    • 14,025Total Population
    • 5,238 Female
      8,787 Male
    • 33Median Age

    38103 households

    • 2,082 Family
      5,938 Non-family
    • 630 Children
      7,390 No Children
    • 8,020Total Number of Households
    • 1Average People Per Household
    • $75,763Median Household Income

    38103 education statistics

    RentCafe is your one-stop shop for finding a great new apartment in the 38103 zip code. Easily search through a wide selection of apartments for rent in 38103, 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. Rents for apartments in 38103 start at $950. Browse apartment listings in 38103 and submit your rental application today!

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