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Luxury Apartments for Rent in Memphis, TN - 398 Rentals available

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Memphis, TN Demographics

  • Total Population653,248
  • Female 309,583
    Male 343,665
  • Median Age33.8

Average Rent in Memphis, TN

  • Memphis, TN Average Rental Price, February 2020 $825 /mo

    Memphis, TN Apartment Rent Ranges

    • < $5007%
    • $501-$70036%
    • $701-$1,00036%
    • $1,001-$1,50017%
    • $1,501-$2,0003%
    • > $2,0001%

    Memphis, TN Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
    Memphis, TN $721 $726 $744 $743 $747 $772 $785 $787 $806 $815 $825
    National $1,340 $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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    Check out the average rent prices in Memphis by neighborhood.

    Memphis, TN Households

    • Total Number of Households250,812
    • Family 143,189
      Non-family 107,623
    • Children 73,821
      No Children 176,991
    • Average People Per Household2.54
    • Median Household Income$39,108
    • Median Housing Costs Per Month$898

    Memphis, TN Education Statistics

    • No High School5%
    • Some High School42%
    • Some College25%
    • Associate Degree5%
    • Bachelor Degree15%
    • Graduate Degree9%

    Renting a luxury apartment in Memphis, TN

    Sleek finishes, ultrahigh ceilings, minimalistic design, high-tech amenities -- these all sound so amazing, don’t they? You daydream about living in a high-end home, where elegant entertainment is something you enjoy on a daily basis. If a furnished, modern apartment is what you’re after, enchanting living spaces are now available in 32 outstanding buildings in Memphis, TN. You get to choose from the best apartments in Memphis, TN, which are no less than 418. The average size of a luxury apartment is somewhere around 1,083 Sqft, with a $1,607 monthly rent, on average. If you prefer an extra large living space and top-notch amenities, browse through our listings for either large apartments or luxury townhomes by using the filters in the menu. Living in an apartment complex can be rewarding, as you have access to all sorts of services, from saunas and heated indoor pools to 24-hour concierge services. These luxury units are fine-tuned to meet and exceed the standards of the pickiest renter, so you are sure to find something that will satisfy your exquisite taste.

    High rise apartments that you don’t need to sell a kidney to afford

    Besides all the interior details that bring you comfort and pleasure, a home’s location is also essential for an exigent renter. Whether we’re talking about attractive surroundings, exclusive locations, or living in the heart of the city, most affluent renters consider location an essential element. Luxury studio apartments are in high demand because they are located close to popular areas and they are less expensive than larger floor plans. If you don’t mind downsizing your living space, cheap luxury apartments in Memphis, TN offer the best of both worlds. With rent prices as low as $752, these gems offer the convenience of living large in a small space in the best location money can get. You can now experience the bliss of luxury living at a reasonable price. All you have to do is use our search bar, filter your results and you will find the perfect luxury apartment to call home.

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