Memphis Apartments for Rent

 
 
 
 

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Popular Memphis Apartments

Clearbrook Village Apartments

Clearbrook Village Apartments

Memphis, Tennessee, 38118

2 Bedrooms$459 - $639

1 Bedroom$489

$100 Cash Back

Arbors of Hickory Ridge

Arbors of Hickory Ridge

Memphis, Tennessee, 38115

3 Bedrooms$815 - $890

2 Bedrooms$640 - $735

1 Bedroom$505 - $545

$100 Cash Back

The Bristol on Union

The Bristol on Union

Memphis, Tennessee, 38104

2 BedroomsFrom $829

1 BedroomFrom $657

3 BedroomsFrom $1,302

$100 Cash Back

Waterstone Landing

Waterstone Landing

Memphis, Tennessee, 38115

1 BedroomFrom $499

2 Bedrooms$559 - $629

3 BedroomsFrom $839

$100 Cash Back

More Apartments in Memphis, TN »
 
 
 
 

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Memphis Apartments Info

Find Apartments in Memphis, Tennessee

Memphis apartments are available in a wide variety of different neighborhoods and surrounding cities. You can easily find pet friendly apartments in Memphis using our apartment finder or search for apartment amenities like a fitness center, swimming pool or off-street parking. Make sure that you check out our apartment guide to discover all that Memphis has to offer during your rental apartment search.

Before you get started looking for apartments in Memphis, check our apartment guide, which has great advice on finding and renting apartments in Memphis. The MyNewPlace apartment guide features articles on how to most effectively rent apartments, tips for apartment searches, how to find affordable Memphis apartments for rent, questions to ask the landlord of your rental apartment, and how to make sure your apartment rental is right for you.

Memphis Apartment Rental Market

  • Household Income
    Household IncomeCityStateCity Compared to State
    Less than $10,00014.8%12.0% +2.8%
    $10,000 to $14,9997.9%7.2% +0.7%
    $15,000 to $19,9997.7%7.2% +0.5%
    $20,000 to $24,9997.9%7.4% +0.5%
    $25,000 to $29,9997.6%7.3% +0.3%
    $30,000 to $34,9997.3%7.0% +0.3%
    $35,000 to $39,9996.2%6.3% -0.1%
    $40,000 to $44,9995.7%6.0% -0.3%
    $45,000 to $49,9994.7%5.1% -0.4%
    $50,000 to $59,9997.9%8.8% -0.9%
    $60,000 to $74,9998.3%9.3% -1.0%
    $75,000 to $99,9996.7%8.0% -1.3%
    $100,000 to $124,9993.1%3.6% -0.5%
    $125,000 to $149,9991.2%1.6% -0.4%
    $150,000 to $199,9991.3%1.4% -0.1%
    $200,000 or more1.8%1.7% +0.1%
  • Cost of Living
    Share of Household Income Spent on RentCityStateCity 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 more19.8%16.0% +3.8%
    Not computed6.6%10.0% -3.4%
  • Age Demographic of Renters
    Age Demographic of RentersCityStateCity Compared to State
    15 to 24 years14.5%14.9% -0.4%
    25 to 34 years30.9%28.5% +2.4%
    35 to 44 years21.9%21.7% +0.2%
    45 to 54 years14.7%14.4% +0.3%
    55 to 64 years7.2%8.1% -0.9%
    65 to 74 years5.1%5.8% -0.7%
    75 to 84 years4.0%4.6% -0.6%
    85 years and over1.8%1.9% -0.1%
  • Travel Time to Work
    Travel Time to WorkCityStateCity Compared to State
    Less than 30 minutes47.5%38.9% +8.6%
    30 to 44 minutes27.2%25.9% +1.3%
    45 to 59 minutes7.8%12.9% -5.1%
    60 or more minutes17.5%22.2% -4.7%

Source: 2000 Census

Memphis Apartment Finder

There are a range of available apartments in Memphis from luxury apartments to more affordable apartments in developing neighborhoods. Use our map based apartment finder to search for the apartment rental that fits your budget and is easily accessible. To make your apartment search easier try our apartment finder. You will find it much easier to find your next rental apartment in any of the different areas of Memphis’s diverse landscape.

Memphis Apartment Guide 

Memphis has numerous attractions and availability. It is important to choose the area where you would like to rent an apartment depending on your needs. Use our apartment guide and integrated mapping to help you locate that perfect apartment near your office, family, or friends. Look no further than our Memphis apartment guide to help you find more information about the lively nightlife, quiet suburbs, restaurants and bars close to your new apartment rental.

Apartments in Memphis

MyNewPlace lists a variety of apartments in Memphis. You can refine your apartment search for pet friendly apartments, Section 8 housing, or any other types of amenity that your rental will require. No need to hire a private apartment finder or apartment locater, MyNewPlace’s custom apartment search and helpful renters guide will help find the perfect apartment in Memphis.

Memphis Apartment Search

Great for renters, Memphis apartments cater to people in all walks of life. A diverse city by nature, apartment rentals vary between neighborhoods. Be sure to take this into consideration during your apartment search. Use our apartment search to find apartments, contact landlords and move into your new Memphis apartment!

Average Apartment Rent in Memphis, Tennessee

# Bedrooms Aug Jul Jun 3 Month % change
Studio $510 $490 $490 4.1%
1 Bed $581 $577 $591 -1.7%
2 Bed $664 $656 $688 -3.5%
3 Bed $858 $876 $894 -4%

Memphis Apartment Rental Trends

Apartments in Memphis have competitive rents so be sure to use our apartment finder to get the best deal. In June the average rent for a 1 Bedroom Memphis apartment cost $591. If you need a roommate, try finding a 2 bedroom apartment rental. An average 2 bedroom Memphis apartment was $688 in June. The average apartment rent for a 3 bedroom apartment in June was $894. Start your apartment search by checking out some of the Atlanta rentals listed below.

Featured Memphis Apartments for Rent

  • Adler Apartments Memphis, TN 38103

    Welcome to Adler Apartments. Please Email for an appointment.

  • The Grove On Island Drive Memphis, TN 38103

    River Views

  • New Horizon Apartments Memphis, TN 38116

    New Horizon's is a newly remodeled community that cares about their residents. We offer energy efficient appliances. Awesome Studio Homes which include utilities. We also have huge 1, 2, 3 and 4 bedroom homes. Our staff will work to make living here enjoyable! Located in the Whitehaven area minutes from I -240, The Airport, Federal Express, and the new Southaven Mall.

  • Summereast Apartments Memphis, TN 38122

    Welcome to Summereast Apartments.Summereast is a pet friendly community that accepts both cats and dogs.

  • Jennifer Meadows Memphis, TN 38128

    Designed for the professional who demands quality and class at its best. Our residents enjoy the country ambiance and beautifully appointed landscaping throughout the property. Built with quality, managed with integrity, Jennifer Meadows is in gracious good taste.

  • Brister Place Memphis, TN 38111

    Our lovely community offers 1 and 2 bedroom apartments. They are great for university students. 1 bedroom units are only $495.00/month & 2 bedroom units are only $525.00/month. Come and relax in our grand courtyard.

  • Cherry Gardens Memphis, TN 38111

    Cherry Gardens is one community that rises above the rest. Our community is home to some of the most beautiful apartment homes, and now one of them can be yours. Weekends Appointment Available.

  • Riverdale Memphis, TN 38119

    We are located in a great residential area of southeast Memphis. Plus, the Nonconnah Parkway is less than 1/2 mile south on Riverdale Rd. This offers instant and easy access to all parts of Memphis. Fine restaurants and versatile shopping are within 2 minutes. Our apartment homes are quiet and peaceful with amenities to complement an upscale lifestyle.

  • South Bluffs Apartments Memphis, TN 38103

    On the Bluff overlooking the majestic Mississippi River, the South Bluffs Apartment community is located on a picturesque site at Riverside Drive and Georgia Avenue. Just 1/4 mile north of I-55 turn off to St. Louis, this convenient location provides immediate access to the downtown business district, and is just minutes away from the cultural, recreational, entertainment, and shopping advantages of Memphis.

  • Countryview I & II Memphis, TN 38128

    Great rental values available at this gated community located 10 minutes from Millington. Less than 10 minutes to I-240 and all areas of Memphis.

Rent Apartments near Memphis, Tennessee

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Search Apartment Rentals in Memphis, TN Neighborhoods

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