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Studio Apartments for Rent in Memphis, TN - 12 Rentals available

  • Apartment in
    67 Madison Ave., Memphis, TN
    $993 - $2,860
    • Studio-3 Beds
    • 1-3 Baths
    Available Today!
    (901) 578-2630
  • Apartment in
    70 S 4Th St., Memphis, TN
    $828 - $3,342
    • Studio-3 Beds
    • 1-2 Baths
    LMS Investment Management
    Available Today!
    (844) 503-6932
  • Apartment in
    252 North Lauderdale, Memphis, TN
    $670 - $1,395
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (901) 523-9402
  • Apartment in
    252 North Lauderdale, Memphis, TN
    $805 - $1,750
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (844) 210-6196
  • Apartment in
    3424 Winchester Park Drive, Memphis, TN
    $540 - $725
    • Studio-3 Beds
    • 1-2 Baths
    DMG Property Management LLC
    Available Today!
    (901) 249-2170

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Memphis, TN Demographics

  • Total Population657,167
  • Female 312,782
    Male 344,385
  • Median Age33.5

Average Rent for Studios in Memphis, TN

  • The average rent for studios in Memphis, TN, November 2018$769/mo
  • Studio$626
  • 1 Bedroom$716
  • 2 Bedrooms$771

Memphis, TN Studios Rent Ranges

  • < $50015%
  • $501-$70057%
  • $701-$1,00025%
  • $1,001-$1,5003%

Memphis, TN Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Nov / 2018 $769 $626
Jan / 2018 $765 $626
Sept / 2017 $767 $633
May / 2017 $767 $624
Jan / 2017 $753 $593
Sept / 2016 $752 $576
May / 2016 $743 $589
Jan / 2016 $733 $547
Sept / 2015 $728 $575
May / 2015 $716 $571
/

Memphis, TN Households

  • Total Number of Households249,775
  • Family 145,841
    Non-family 103,934
  • Children 77,074
    No Children 172,701
  • Average People Per Household2.57
  • Median Household Income$36,445
  • Median Housing Costs Per Month$869

Memphis, TN Education Statistics

  • No High School5%
  • Some High School42%
  • Some College25%
  • Associate Degree5%
  • Bachelor Degree15%
  • Graduate Degree8%

Renting a studio apartment in Memphis, TN

If you’re a fan of living big on a budget, reducing your ecological footprint, and are determined to find an efficiency apartment in Memphis, TN, we have great news: on RENTCafé you have 12 small apartment units to choose from in 5 different properties. You may be surprised to know that studio apartments come in a variety of shapes and types. Once you decide on what your must-haves are, you can choose the right studio. If you’ll want your kitchen in the main room, why not aim for the most affordable one room apartments you can find? If you pride yourself on being frugal and always bragging to your friends about the great discounts and sales you just discovered, then put those skills to good use in your search for your next apartment. With the average rent currently at $1,390, opting for a cheap studio for as low as $540 is certainly a decision you’ll be able to gloat about and your wallet will thank you for.

Top tip: an efficiency apartment can be comfortable

Efficiency apartments may have just one multi-functional room, but it can be pretty spacious. You can get creative with the space, combine furniture and accent design elements in a harmonious and practical way, and you will end up with a very comfortable apartment where you can relax and unwind. If you’re not on a tight budget, you should definitely check out some bachelor flats that have a separate kitchen. You wouldn’t believe the difference it makes. While they don’t cost an arm and a leg, they are typically more expensive than a normal single bedroom apartment, so it’s probably a good idea to aim for the higher end of the price range—the highest price for a studio in Memphis, TN is currently $3,342.