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Luxury Apartments for Rent in Memphis, TN
589 Rentals Available

  • Today

    67 Madison Ave., Memphis, TN 38103
    Studio $1,305+
    1 BED $1,560+
    2+ BEDS $2,777+
  • Today

    420 Monroe Avenue, Memphis, TN 38103
    Studio $1,410+
    1 BED $1,993+
    2 BEDS Ask for Pricing
  • Top Rated for Location
    Kitchen with Stainless Steel Appliances at Harbor Island located in Memphis, TN 38103 - Photo Gallery 2 Kitchen with Stainless Steel Appliances and Wood Cabinets at Harbor Island located in Memphis, TN 38103 - Photo Gallery 3
    Today

    444 Island Drive, Memphis, TN 38103
    9 Units available
    1 BED $1,514+
    2 BEDS $1,881+
    3+ BEDS $2,983+
    Kitchen with Stainless Steel Appliances at Harbor Island located in Memphis, TN 38103 - Photo Gallery 2 Kitchen with Stainless Steel Appliances and Wood Cabinets at Harbor Island located in Memphis, TN 38103 - Photo Gallery 3 Spacious Kitchen with Kitchen Island at Harbor Island located in Memphis, TN 38103 - Photo Gallery 4 a living room with a couch a table and chairs and a kitchen in the background - Photo Gallery 5
    Property reviews
    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.

    4.5/5 Anonymous on May 1, 2023

    So far so good. Just moved in and I love it

  • Today

    395 S Highland St ; Ste 128, Memphis, TN 38111
    Studio $1,635+
    1 BED $1,175+
    2+ BEDS $1,579+
  • Today

    1505 Dexter Lake Drive, Cordova, TN 38016
    1 BED $1,288+
    2 BEDS $1,418+
    3 BEDS $1,693+
  • Today

    70 S 4Th St., Memphis, TN 38103
    Studio $978+
    1 BED $1,236+
    2+ BEDS $1,410+
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  • Resident Rated
    Spacious kitchen with stainless steel appliances at Grand Island Apartments in Memphis TN 38103 - Photo Gallery 2 Dining Room at Grand Island Apartments in Memphis TN 38103 - Photo Gallery 3
    Today

    300 Grand Island Dr, Memphis, TN 38103
    13 Units available
    1 BED $1,360+
    2 BEDS $1,681+
    3 BEDS $2,200+
    Spacious kitchen with stainless steel appliances at Grand Island Apartments in Memphis TN 38103 - Photo Gallery 2 Dining Room at Grand Island Apartments in Memphis TN 38103 - Photo Gallery 3 Living Room at Grand Island Apartments in Memphis TN 38103 - Photo Gallery 4 Secondary bedroom with ceiling fan and large window at Grand Island Apartments in Memphis TN 38103 - Photo Gallery 5
    Property reviews
    4/5 Anonymous on Sep 1, 2023

    I have lived in Grand Island for one year now and have just renewed my lease. I plan to live in these apartments for the next few years as they have been a great place to reside. The location is perfect and the renovated units are nice. It is a great place to walk my dog. I am in awe at how Grand Island seems to be one of the only apartments who is able to maintain power during storms on Mud Island. The only thing I would improve is the timing of maintenance requests.

    4/5 Anonymous on May 1, 2023

    We have been living in Gran Island Apartments since September - we do enjoy the closeness to the river, good facilities, and modern amenities.

  • Today

    3750 Moraine St, Memphis, TN 38125
    Studio $1,305+
    1 BED $1,498+
    2+ BEDS $1,785+
  • Today

    960 Catbird Court, Memphis, TN 38119
    1 BED $1,188+
    2 BEDS $1,713+
    3 BEDS Ask for Pricing
  • Today

    1298 Mt Hope Dr, Memphis, TN 38103
    1 BED $1,261+
    2 BEDS $1,610+
    3 BEDS $2,065+
  • Today

    7819 Crescent Ridge Ln, Memphis, TN 38133
    1 BED Ask for Pricing
    2 BEDS $1,395+
    3 BEDS $1,745+
  • Today

    1350 Concourse Avenue, Suite 750, Memphis, TN 38104
    Studio Ask for Pricing
    1 BED $1,763+
    2+ BEDS $1,909+
  • Today

    8037 Waterford Circle, Memphis, TN 38125
    1 BED $1,195+
    2 BEDS $1,485+
    3 BEDS $1,580+
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  • Today

    8968 Keighley Cove, Memphis, TN 38016
    5 BEDS $2,695
  • Today

    8546 Prestine Loop, Cordova, TN 38018
    1 BED $1,065+
    2 BEDS $1,230+
    3 BEDS $1,489+
  • Top Rated for Location
    a kitchen and dining area in a 555 waverly unit - Photo Gallery 2 a living room with a ceiling fan and a kitchen in the background - Photo Gallery 3
    Today

    8993 Crestwyn Hills Drive, Memphis, TN 38125
    30 Units available
    1 BED $1,565+
    2 BEDS $1,710
    3 BEDS $2,530
    a kitchen and dining area in a 555 waverly unit - Photo Gallery 2 a living room with a ceiling fan and a kitchen in the background - Photo Gallery 3 a bedroom with a large bed and a bathroom in the background - Photo Gallery 4 a bathroom with a toilet sink and shower - Photo Gallery 5
    Property reviews
    5/5 Sceva R. on Mar 31, 2023

    Great living here. Nice and quiet. Quality apartments. Staff is extremely nice.

    4/5 Anonymous on Jul 14, 2023

    These Apartments are newly built and modern.

  • Today

    7353 W KEVINRIDGE COVE, Memphis, TN 38125
    3 BEDS $2,485
  • Top Rated for Staff
    Exterior at Link Apartments® Broad Ave, Memphis, Tennessee - Photo Gallery 2 Home sign at Link Apartments® Broad Ave, Memphis, Tennessee - Photo Gallery 3
    Today

    2540 Broad Ave, Memphis, TN 38112
    Available
    Studio $1,134
    1 BED $1,540+
    2 BEDS $2,049+
    Exterior at Link Apartments® Broad Ave, Memphis, Tennessee - Photo Gallery 2 Home sign at Link Apartments® Broad Ave, Memphis, Tennessee - Photo Gallery 3 Gourmet Kitchen at Link Apartments® Broad Ave, Tennessee, 38112 - Photo Gallery 4 Fresh and clean living room in open-concept one-bedroom apartment at Link Apartments Broad Ave near Downtown Memphis, TN - Photo Gallery 5
    Property reviews
    4/5 Anonymous on Apr 24, 2023

    Nice apartments. Love the location so far

  • Today

    1445 River Estates Dr, Memphis, TN 38103
    1 BED $1,268+
    2 BEDS $1,666+
    3 BEDS Ask for Pricing
  • Today

    8345 Championship Drive, Memphis, TN 38125
    1 BED $1,038+
    2 BEDS $1,183+
    3 BEDS Ask for Pricing
  • Today

    4288 CORAL CREEK LANE, Memphis, TN 38125
    5 BEDS $2,365
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  • Today

    6653 North Quail Hollow, Memphis, TN 38120
    1 BED $998+
    2 BEDS $1,303+
  • Today

    7965 Humphreys Hill Dr, Cordova, TN 38016
    1 BED $1,073+
    2 BEDS $1,572+
  • Today

    1440 Island Park Drive, Memphis, TN 38103
    1 BED $1,311+
    2 BEDS $1,560+
    3 BEDS Ask for Pricing
  • Today

    2154 Meadow Glade Ln, Memphis, TN 38134
    1 BED $1,069+
    2 BEDS $1,153+
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Popular searches Average rent Renters guide Demographics

Average rent in Memphis, TN

$1,080/mo Memphis, TN average rental price, July 2023
Image Average Rent

Apartment rentals in Memphis, TN have an average monthly rent of $1,080.

    Memphis, TN apartment rent ranges

    32% of apartment in Memphis, TN cost between $1,001-$1,500. Rentals priced between $1,501-$2,000 represent 11% of apartments. Approximately 46% of Memphis’s apartments cost in the $701-$1,000 price range. 9% of rental apartments are priced between $501-$700.

    Memphis, TN rent trends

    Check out the average rent prices in Memphis by neighborhood.

    The average rent in the U.S. is $1,726 per month. The average rent in Memphis, TN is $1,080 per month.

    Getting around in Memphis, TN

    54 /100
    Somewhat Walkable
    34 /100
    Some Transit
    43 /100
    Somewhat Bikeable
    Walk Score®: 54, Transit Score®: 34, Bike Score®: 43

    Frequently asked questions

    What is the price of a luxury apartment in Memphis, TN?

    The price range is between $825 and $7,603. Find luxury apartments in Memphis, TN.

    How many luxury rentals are available in Memphis, TN on RentCafe?

    There are 908 luxury rentals available on RentCafe. Prices and availability in Memphis, TN were last updated on 25 Sep 2023.

    What is the average size of a luxury apartment in Memphis, TN?

    The average Memphis, TN luxury apartment size is 1,099 sq. ft.

    What are the advantages of renting a luxury apartment in Memphis, TN?

    Renting a luxury apartment in Memphis, TN comes with many amenities, more space and central locations.

    What are the downsides of renting a luxury apartment in Memphis, TN?

    Luxury apartments tend to be more expensive and have higher utility bills. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Memphis, TN.

    Look for luxury apartments near me

    Looking for a top of the line, luxury apartment near you to move in to? Are you interested in having all new appliances, on site amenities, a gym, a pool, and private parking? Take a look at our high-end listings and search for the apartment that provides all that you need to feel at home using filters for top community and apartment amenities. On RentCafe you can find the luxury apartment you are looking for whether it's near you, in a specific neighborhood or ZIP code, or in the best area in town.

    RentCafe can help you find the best luxury apartment for you by allowing you to compare location, size and price. May it be near where you live now or anywhere in the U.S. that you want to move to, let's help you choose the perfect apartment.

    Renting a luxury apartment in Memphis, TN

    Comfort is an essential element to your happiness, which is why we selected the best apartments in Memphis, TN, uniquely designed to satisfy your need for luxury. Finely detailed craftsmanship, meticulously chosen color contrasts and high-level amenities complement modern apartments. The community living spaces have indoor pools, ultra-modern spas and wine rooms, a cut above anything you’ve seen before. Upscale apartments can be a real showstopper and you can find yours in one of the 55 outstanding buildings in Memphis, TN. Right now, there are as many as 596 luxury apartments to choose from in Memphis, TN that pride in being the best of the best. And, as they say -- beauty comes in all shapes and sizes -- you can find luxury studio apartments, large apartments and even luxury townhomes available, depending on your needs. Make sure you do not miss the chance to level up your lifestyle with one of these stunners!

    Affordable high rise apartments

    If you are looking for a luxurious home in Memphis, TN but you’re held back by a limited budget, there is no reason to despair. Marvelously furnished apartments are available for you right now at great prices. Do you dream of a custom-designed rental that exudes glamour and character, but you are afraid you won’t afford rent in a high-end apartment complex? Sleek finishes, roof-top pools and monumental granite fireplaces sound expensive and all, but luxury living is not unattainable. Do you dream of drinking your morning coffee in a top-quality chef’s kitchen, but are frustrated with overpriced rent? Look no further! Cheap luxury apartments are actually a thing these days, so you can find luxury apartments in Memphis, TN with monthly rents starting as low as $632. Sort your search results by “Rent” ascending to see the lowest-priced listings first.

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