Apartments for Rent in Memphis TN
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Popular Memphis Apartments
Memphis, Tennessee, 38134
1 Bedroom$525 - $815
2 Bedrooms$600 - $1,025
3 Bedrooms$760 - $1,010
Memphis, Tennessee, 38120
1 Bedroom$660 - $1,062
2 Bedrooms$820 - $1,377
Memphis, Tennessee, 38119
1 Bedroom$551 - $711
2 Bedrooms$615 - $999
Memphis, Tennessee, 38125
1 Bedroom$743 - $783
2 Bedrooms$943 - $1,023
3 Bedrooms$1,163 - $1,263
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Memphis Apartments Info
Find Apartments in Memphis, Tennessee
Memphis is a great city in which to find your new place - it doesn't matter what price range you are looking in, Memphis has the ideal new apartment for you.
Want the inside scoop on Memphis? Check out our Memphis Local Talk for local tips and information about Memphis. You can also get answers to your Memphis questions from our local experts by using the "Ask a Question" feature.
Memphis Apartment Rental Market
Household Income City State City Compared to State Less than $10,000 14.8% 12.0% +2.8% $10,000 to $14,999 7.9% 7.2% +0.7% $15,000 to $19,999 7.7% 7.2% +0.5% $20,000 to $24,999 7.9% 7.4% +0.5% $25,000 to $29,999 7.6% 7.3% +0.3% $30,000 to $34,999 7.3% 7.0% +0.3% $35,000 to $39,999 6.2% 6.3% -0.1% $40,000 to $44,999 5.7% 6.0% -0.3% $45,000 to $49,999 4.7% 5.1% -0.4% $50,000 to $59,999 7.9% 8.8% -0.9% $60,000 to $74,999 8.3% 9.3% -1.0% $75,000 to $99,999 6.7% 8.0% -1.3% $100,000 to $124,999 3.1% 3.6% -0.5% $125,000 to $149,999 1.2% 1.6% -0.4% $150,000 to $199,999 1.3% 1.4% -0.1% $200,000 or more 1.8% 1.7% +0.1%
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 6.4% 6.9% -0.5% 10.0% to 14.9% 11.2% 12.0% -0.8% 15.0% to 19.9% 13.6% 14.2% -0.6% 20.0% to 24.9% 12.6% 12.4% +0.2% 25.0% to 29.9% 10.4% 10.4% +0.0% 30.0% to 34.9% 7.3% 6.9% +0.4% 35.0% to 39.9% 5.2% 4.9% +0.3% 40.0% to 49.9% 6.8% 6.3% +0.5% 50.0% or more 19.8% 16.0% +3.8% Not computed 6.6% 10.0% -3.4%
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 14.5% 14.9% -0.4% 25 to 34 years 30.9% 28.5% +2.4% 35 to 44 years 21.9% 21.7% +0.2% 45 to 54 years 14.7% 14.4% +0.3% 55 to 64 years 7.2% 8.1% -0.9% 65 to 74 years 5.1% 5.8% -0.7% 75 to 84 years 4.0% 4.6% -0.6% 85 years and over 1.8% 1.9% -0.1%
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 47.5% 38.9% +8.6% 30 to 44 minutes 27.2% 25.9% +1.3% 45 to 59 minutes 7.8% 12.9% -5.1% 60 or more minutes 17.5% 22.2% -4.7%
Source: 2000 Census
All About Memphis
Located in the southwestern corner of Tennessee on the Mississippi river, Memphis is a transportation, medical, music, and entertainment hub. Home to the University of Memphis, the Memphis College of Art, Rhodes College, as well as several theological, medical, and technical institutions, Memphis has a strong academic community. Several museums such as the National Civil Rights Museum, the Children's Museum of Memphis, and the Brooks Museum of Art, enrich the city with a history of the civil rights movement, children's exhibits, family activities, and collections of art from around the world.
The Memphis Area Transit Authority buses will get you to your destinations with ease and the Memphis International Airport is available for all your international and domestic traveling needs. Whether you're headed out for some shopping, taking a trip to the Memphis Zoo, visiting Graceland, or listening to live music on Beale Street, Memphis is ready to be explored from your new apartment.
The very heart of rock, blues, country, and soul can only be found in Memphis. Look no further than Beale Street for a taste of live, fresh music radiating through the streets - and with the Brass Note Walk of Fame at your feet, you can peruse through the amazing Memphis artists and honor their musical contributions. Take a look at the legends that have come out of Memphis, including Elvis Presley, Otis Redding, B.B. King, and Johnny Cash, at the Stax Museum of American Soul Music, the Memphis Rock n Soul Museum, and Graceland for exceptional musical experiences you'll find nowhere else.
Celebrations and Festivities
Memphis in May is a series of events held every May that includes a music festival, the world renowned BBQ contest, and more. Up for a good flick? The Memphis International Film Fest provides over a hundred viewings of great films, documentaries, and shows. For a celebration of great food and drinks, the Memphis Greek Festival and the Memphis Italian Festival can't be missed. Plus with art exhibits, walking tours, and musicals, there's always something going on in Memphis.
Average Apartment Rent in Memphis, Tennessee
|# Bedrooms||Apr||Mar||Feb||3 Month % change|
Memphis Apartment Rental TrendsApartments in Memphis have competitive rents so be sure to use our apartment finder to get the best deal. In February the average rent for a 1 Bedroom Memphis apartment cost $526. If you need a roommate, try finding a 2 bedroom apartment rental. An average 2 bedroom Memphis apartment was $604 in February. The average apartment rent for a 3 bedroom apartment in February was $758. Start your apartment search by checking out some of the Memphis rentals listed below.
Popular Memphis Apartments Searches
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Rent Apartments Near Memphis, Tennessee
Check out these great communities and cities near Memphis for apartments for rent:
- Bartlett Apartments
- Collierville Apartments
- Cordova Apartments
- Germantown Apartments
- Jonesboro Apartments
- Millington Apartments
- Olive Branch Apartments
- Oxford Apartments
- Southaven Apartments
- West Memphis Apartments
Search Apartment Rentals in Memphis, TN Neighborhoods
Each neighborhood in Memphis is different. Search apartments by neighborhood to find where your Memphis apartments should be:
- Berclair / Highland Heights Apartments
- Cordova/Appling Apartments
- Downtown Apartments
- East Memphis/Colonial/Yorkshire Apartments
- Hickory Ridge/South Riverdale Apartments
- Midtown Apartments
- River Oaks/Kirby/Balmoral Apartments
- Shelby Forest/Frayser Apartments
- Whitehaven/Coro Lake Apartments
- Windyke/Southwind Apartments
Map & Local Information
Get answers about Memphis from local experts or tell us what you love about it.
I've got dogs. What are the best places in Memphis for being outdoors with pets?
Tom Lee Park is a mile and a half long stretch of land running along the banks of the Mississippi River. The natural beauty and various community events held at Tom Lee Park make it a popular destination for Memphis locals. And since the park is dog friendly, many pet owners choose to bring their four-legged-friends with them to bask in the sun and enjoy a day surrounded by nature. Another Memphis dog-friendly park, Shelby Farms, is one of the largest urban parks in the U.S. and features several lakes and ponds, open areas, and a large leash-free area for dogs.
What's the weather like in Memphis?
Memphis' climate can be separated into four distinct seasons; however, due to the fact that it sits right in the middle of the Sun Belt, this city sees more sunny days each year than Miami. The year-round climate is comfortable, with long, warm summers and short, mild winters. Rainfall is well distributed and snowfall is scarce. So pick up a pair of sunglasses and be prepared to barbeque year-round in Memphis.
Is Memphis famous for any kind of restaurant or food in particular? What's the local favorite?
Memphis is famous for its tasty, juicy, greasy, messy, fall-off-the-bone- Barbeque! The two rivaling local favorites include Charles Vergos' Rendezvous on South 2nd Street and Corky's Ribs and Barbeque, located on Poplar Avenue. Rendezvous is a laid-back hole-in-the-wall joint serving up to-die-for dry ribs, as well as tender, moist brisket, and a slew of delicious sides. Another must-try is the BBQ Nachos- heaps of tortilla chips slathered with cheese sauce and barbeque sauce, and loaded with shredded chicken and pork. Corky's was featured on the Travel Channel for their smoky wet or dry ribs, delicious pulled pork, and infamous hush puppies (Be sure to order extra as these babies go fast!). Corky's also boasts a lively atmosphere, great prices, and delectable desserts like the banana pudding served with vanilla wafers and cake bits- Yum!
What areas of Memphis are safe for walking around at night?
Central Gardens is a beautiful and safe Memphis neighborhood. Located near the University of Memphis, Central Gardens boasts charming historic homes with friendly neighbors always wandering about, and a police station right next door. Germantown is another Memphis neighborhood well known for its safety and low occurrence of crime. Some more affordable safe neighborhoods in Memphis include Collierville and Lakeland.
Does Memphis have any famous museums or exhibitions?
Graceland is probably the most famous attraction in the Memphis area and features Elvis' mansion, grave, and collection of automobiles and airplanes. At the nearby Memphis Rock 'n' Soul Museum, famous musicians sometimes pass through to pick up custom guitars or to play a set at the Gibson Lounge. Built out of the Lorraine Motel where Dr. Martin Luther King, Jr. was fatally shot in 1968, the National Civil Rights Center offers an overview of the civil rights movement in exhibit form. Other museums in Memphis include the Belz Museum of Asian and Judaic Art, the Ornamental Metal Museum, and the Fire Museum of Memphis.
Is Memphis a good place for younger people?
With a population of close to 650,000, Memphis is a good place for young people. Nearly 11 percent of Memphis residents are between the ages of 18 and 24, while another 16 percent falls between 25 and 34 and 27 percent between 35 and 54, leaving 28 percent under the age of 18 and 18 percent over the age of 55. With plenty of bars and restaurants, as well as a very active music scene that rivals Nashville's, Memphis has a very active nightlife. Compared to the rest of the country, the cost of living in Memphis is 26 percent lower than the US average, making it a good place for young people on a budget. However, be prepared to drive; Memphis is one of the most car-oriented large cities in the country.
How much are utilities in Memphis?
The cost of utilities in Memphis 6 percent lower than the average of US. With very hot summers and cool winters, combined average monthly utilities, which amount to about $200 a month, will vary widely depending on the season. Other factors include the size and age of your house, how many members are in your family, and how hot and cool you like to keep your house. Generally, electric will be highest in the summer, while gas will most likely be highest in the winter. Since winters don't get too cold, however, the gas bill shouldn't get too high.