Memphis TN Apartments
849 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,445 - $1,735/mo
1-2 Beds
1-2 BathsSouth Bluffs Apartments | 4 Riverview Dr W,
Memphis, TN 38103
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$799 - $1,092/mo1-2 Beds1-2 BathsGreenbrook at Shelby Farms | 1400 Greenbrook Pkwy,
Memphis, TN 38134
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SPECIAL OFFERPET FRIENDLY$1,210 - $2,143/moStudio-3 Beds1-2 BathsSprings at Colonial | 2925 Countrywood Pkwy,
Cordova, TN 38016
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SPECIAL OFFERPET FRIENDLY$999 - $1,399/mo2-4 Beds2-3 BathsEmerald Square Apartments | 6082 Knightsbridge Dr,
Memphis, TN 38115
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SPECIAL OFFERPET FRIENDLY$1,125 - $1,690/mo1-3 Beds1-2 BathsCrescent at Wolfchase Apartment Homes | 7819 Crescent Ridge Ln,
Memphis, TN 38133
NEW - 1 DAY AGOPET FRIENDLYFURNISHED$849 - $2,000/moStudio-2 Beds1-2 BathsThe Bonsai at Central Gardens | 1387 Central Ave,
Memphis, TN 38104
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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 decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $947 |
| Oct 2025 | $949 |
| Nov 2025 | $943 |
| 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 |
Average Rent By Bedroom and Home Type
In August 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 | $885 | $975 | $1,350 | $1,575 | $1,275 |
| Townhomes | $750 | $1,075 | $1,511 | $1,400 | $1,200 |
| Apartments and Condos | $825 | $900 | $1,300 | $1,546 | $950 |
| Houses | $775 | $995 | $1,350 | $1,575 | $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 $932 per month. This is about 53% lower than the national average.
- When is the average rent for an apartment cheapest in Memphis, TN?In the last year, the average rent in Memphis, TN was lowest in Apr 2025 when it was $924 per month.
- When is the average rent for an apartment most expensive in Memphis, TN?In the last year, the average rent in Memphis, TN was highest in Jun 2025 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 $868 per month. That is about $118 less than the cost of a studio apartment.
- How many apartments or condos are available to rent in Memphis, TN?There are 948 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: East Memphis-Colonial-Yorkshire, White Haven-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, West Memphis, Horn Lake, Germantown, Bartlett. These cities may have more rental options to explore.
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