Memphis TN Apartments
793 rentals
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- NEW - 1 HR AGOSPECIAL OFFERPET FRIENDLY$768 - $1,038/mo1-3 Beds1-2 BathsGreenbrook at Shelby Farms | 1400 Greenbrook Pkwy,
Memphis, TN 38134 - $1,108 - $1,496/mo1-2 Beds1-2 BathsCordova Creek Apartments | 7965 Humphreys Hill Dr,
Cordova, TN 38016 - Total price$1,060 - $1,550/mo1-2 Beds1-2 BathsPark at Forest Hill | 8285 Irene Blvd,
Memphis, TN 38125 - Total price$841 - $1,621/mo1-3 Beds1-2 BathsThe Summit Apartments | 4981 Hidden Lake Dr,
Memphis, TN 38128 - Total price$1,275 - $1,835/mo1-3 Beds1-2 BathsMadison Shelby Farms | 330 N Humphreys Blvd,
Memphis, TN 38120 - $725 - $1,350/moStudio-2 Beds0-1 BathHelix at the District - Utilities Included | 141 N Manassas St,
Memphis, TN 38105 - $799 - $1,499/mo1-3 Beds1-2 BathsCovington Hills Apartments | 4800 Raleigh Lagrange Rd,
Memphis, TN 38128 - Total price$812 - $912/mo2 Beds2 BathsCedarwood Apartments | 2880 Beverly Hills Rd,
Memphis, TN 38128 - Total price$1,597 - $3,012/mo1-4 Beds1-3 BathsHarbor Island Apartments | 444 Island Dr,
Memphis, TN 38103 - $1,213 - $2,351/moStudio-3 Beds1-2 BathsSprings at Colonial | 2925 Countrywood Pkwy,
Cordova, TN 38016 - Total price$895 - $1,521/mo1-3 Beds1-2 BathsLincoln at Wolfchase | 2460 Vintage Dr,
Cordova, TN 38016 - $1,180 - $1,905/mo1-3 Beds1-2 BathsCrescent at Wolfchase Apartment Homes | 7819 Crescent Ridge Ln,
Memphis, TN 38133 Save Search in Memphis, TN
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Average Rent Trends in Memphis, TN
Rent in Memphis, TN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment stayed about the same in Nov 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $968 |
| Jan 2026 | $947 |
| Feb 2026 | $954 |
| Mar 2026 | $943 |
| Apr 2026 | $944 |
| May 2026 | $946 |
| Jun 2026 | $939 |
| Jul 2026 | $943 |
| Aug 2026 | $933 |
| Sep 2026 | $948 |
| Oct 2026 | $936 |
| Nov 2026 | $940 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $887 | $990 | $1,350 | $1,550 | $1,250 |
| Townhomes | $725 | $1,250 | $1,506 | $1,500 | $1,250 |
| Apartments and Condos | $875 | $895 | $1,490 | $1,750 | $950 |
| Houses | $750 | $995 | $1,345 | $1,550 | $1,350 |
Frequently Asked Questions about Apartments and Condos for rent in Memphis, TN
- What is the average rent of an apartment in Memphis, TN?The average rent of an apartment in Memphis, TN is $943 per month.
- When is the average rent for an apartment cheapest in Memphis, TN?In 2025, the average rent for an apartment in Memphis, TN was lowest in April when it was $924 per month.
- When is the average rent for an apartment most expensive in Memphis, TN?In 2025, the average rent for an apartment in Memphis, TN was highest in June when it was $992 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Memphis, TN?The average rent of a 1 bedroom apartment in Memphis, TN is $884 per month. That is about $16 less than the cost of a studio apartment.
- How many apartments or condos are available to rent in Memphis, TN?There are 878 available apartments or condos to rent in Memphis, TN.
- What colleges and universities are in Memphis, TN?Colleges and universities in Memphis, TN include: University of Memphis.
- What are some neighborhoods in Memphis, TN?Some neighborhoods in Memphis, TN include: Colonial-Yorkshire, Colonial-Yorkshire, Coro Lake, Coro Lake, Hickory Ridge-South Riverdale, Midtown, Raleigh.
- What are some zip codes in Memphis, TN?
- What are some cities near Memphis, TN?Some nearby cities include: Southaven, Germantown, West Memphis, Horn Lake, Cordova. These cities may have more rental options to explore.
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