Apartments For Rent By Private Owner in Memphis, TN
3,052 rentals
- NEW - 3 MIN AGOSPECIAL OFFERPET FRIENDLY
- NEW - 9 MIN AGOSPECIAL OFFERPET FRIENDLY$1,165 - $1,810/mo1-3 Beds1-2 BathsWaterford Place Apartment Homes | 8037 Waterford Cir,
Memphis, TN 38125 - NEW - 24 MIN AGOSPECIAL OFFERPET FRIENDLY$1,258 - $2,415/mo1-3 Beds1-2 BathsBristol On Union Apartment Homes | 205 Pasadena Pl,
Memphis, TN 38104 - NEW - 29 MIN AGOSPECIAL OFFERPET FRIENDLY
- NEW - 38 MIN AGOSPECIAL OFFERPET FRIENDLY
- NEW - 46 MIN AGOSPECIAL OFFERPET FRIENDLY
- NEW - 47 MIN AGOSPECIAL OFFERPET FRIENDLY
- $812 - $1,048/mo1-2 Beds1-2 BathsGreenbrook at Shelby Farms | 1400 Greenbrook Pkwy,
Memphis, TN 38134 - $725 - $1,350/moStudio-2 Beds0-1 BathHelix at the District - Utilities Included | 141 N Manassas St,
Memphis, TN 38105 - $581 - $1,220/moStudio-3 Beds1-3 BathsThe Residences at Lakeview | 2774 S Mendenhall Rd,
Memphis, TN 38115 - $849 - $2,000/moStudio-2 Beds1-2 BathsThe Bonsai at Central Gardens | 1387 Central Ave,
Memphis, TN 38104
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 decreased in Sep 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,295 |
| Nov 2025 | $1,250 |
| Dec 2025 | $1,250 |
| Jan 2026 | $1,235 |
| Feb 2026 | $1,225 |
| Mar 2026 | $1,235 |
| Apr 2026 | $1,250 |
| May 2026 | $1,250 |
| Jun 2026 | $1,250 |
| Jul 2026 | $1,259 |
| Aug 2026 | $1,275 |
| Sep 2026 | $1,250 |
Average Rent By Bedroom and Home Type
In September 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 | $889 | $983 | $1,350 | $1,575 | $1,250 |
| Townhomes | $750 | $995 | $1,400 | $1,450 | $1,000 |
| Apartments and Condos | $875 | $900 | $1,300 | $1,740 | $960 |
| Houses | $765 | $995 | $1,350 | $1,575 | $1,350 |
Frequently Asked Questions about Rentals in Memphis, TN
- What is the average rent of an apartment in Memphis, TN?The average rent of an apartment in Memphis, TN is $950 per month. This is about 51% lower than the national average.
- When is the average rent cheapest in Memphis, TN?In the last year, the average rent in Memphis, TN was lowest in Nov 2025 when it was $1,250 per month.
- When is the average rent most expensive in Memphis, TN?In the last year, the average rent in Memphis, TN was highest in Apr 2025 when it was $1,350 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 $889 per month. That is about $206 less than the cost of a studio apartment.
- How many available rental listings are in Memphis, TN?There are 3,384 available rental listings 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, East Memphis-Colonial-Yorkshire, White Haven-Coro Lake, 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, Germantown, West Memphis, Horn Lake, Cordova. These cities may have more rental options to explore.
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