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The average monthly rent in Memphis is flat compared to last month but down 7.33% year-over-year.
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7h ago
Verified
2540 Broad Ave, Memphis, TN 38112
In-unit laundry | Swimming pool | Fitness center
Studio–2 beds
1–2 baths
$1,106–$3,381
Apartment for rent
1d ago
Verified
1 bed
1 bath
$999
Apartment for rent
Available May 12
2d ago
Verified
2059 N Cabana Cir, Memphis, TN 38107
On-site laundry | Swimming pool | Fitness center
1–2 beds
1 bath
$659–$920
Apartment for rent
4d ago
Verified
1–3 beds
1–2 baths
$699–$1,095
Apartment for rent
3d ago
Verified
3888 Autumn Ridge Ct, Memphis, TN 38115
In-unit laundry | On-site laundry | Balcony
2–3 beds
2 baths
$935–$1,336
Apartment for rent
3h ago
Verified
420 Monroe Ave, Memphis, TN 38103
In-unit laundry | Garage parking | Swimming pool
Studio–2 beds
1–2 baths
$1,259–$5,828
Apartment for rent
10h ago
Verified
125 Gayoso Ave, Memphis, TN 38103
In-unit laundry | Air conditioning | Garage parking
Studio–2 beds
1–2 baths
$1,195–$2,010
Apartment for rent
10h ago
Verified
1835 Union Ave, Memphis, TN 38104
In-unit laundry | Swimming pool | Fitness center
Studio–2 beds
1–2 baths
$1,103–$3,565
Apartment for rent
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11h ago
Verified
One Dr. Martin Luther King Jr. Ave, Memphis, TN 38103
In-unit laundry | Air conditioning | Garage parking
Studio–2 beds
1–2 baths
$1,139–$6,166
Price drop
Apartment for rent
15h ago
Verified
7 Vance Ave, Memphis, TN 38103
Fitness center | Storage | Package service
Studio–3 beds
1–3 baths
$1,480–$3,250
Apartment for rent
Outdoor Space
Air Conditioning
On-Site Laundry
In-Unit Laundry
1h ago
1–2 beds
1 bath
$800–$875
Apartment for rent
19h ago
Studio–1 bed
1 bath
$899–$1,125
Apartment for rent
23h ago
1 bed
1 bath
$1,150
Apartment for rent
1d ago
1–2 beds
1–2 baths
$999–$1,270
Apartment for rent
1d ago
1 bed
1 bath
$895
Apartment for rent
1d ago
2 beds
1 bath
$925
Apartment for rent
1d ago
211 Cochran St, Memphis, TN 38105
In-unit laundry | Ceiling fan | Controlled access
Studio
1 bath
$899
Apartment for rent
1d ago
1 bed
1 bath
$1,009–$1,070
Apartment for rent
1d ago
2 beds
1 bath
$1,120
Apartment for rent
2d ago
1–2 beds
1 bath
$775–$795
Apartment for rent
3d ago
2 beds
1 bath
$895
Apartment for rent
3d ago
2 beds
1 bath
$1,245
Apartment for rent
4d ago
1–4 beds
1–2 baths
$625–$900
Apartment for rent
4d ago
1 bed
1 bath
$1,090
Apartment for rent
4d ago
Hawkins Mill Residents Associtaion house for rent in Memphis
3 beds
1.5 baths
$1,095
House for rent
5d+ ago
Studio–1 bed
1 bath
$750–$850
Apartment for rent
5d+ ago
Studio–1 bed
1 bath
$800–$900
Apartment for rent
5d+ ago
25 S Morrison St, Memphis, TN 38104
In-unit laundry | Assigned parking | Controlled access
2 beds
1 bath
$1,250
Apartment for rent
5d+ ago
1 bed
1 bath
$1,200
Apartment for rent
5d+ ago
613 Brister St, Memphis, TN 38111
In-unit laundry | Air conditioning | Controlled access
1 bed
1 bath
$700
Apartment for rent
5d+ ago
560 S Jefferson Pl, Memphis, TN 38105
In-unit laundry | Controlled access
1–2 beds
1–2 baths
$995–$1,250
Apartment for rent
5d+ ago
2 beds
1 bath
$825
Apartment for rent
5d+ ago
2 beds
1 bath
$899
Apartment for rent
5d+ ago
Evergreen Historic District apartment for rent in Memphis
3 beds
2 baths
$1,925
Apartment for rent
5d+ ago
House for rent in Memphis
3 beds
2 baths
$1,425
House for rent
5d+ ago
Frayser house for rent in Memphis
3 beds
1 bath
$1,450
House for rent
5d+ ago
Rhodes Hollywood Springdale Partnership house for rent in Memphis
4 beds
2 baths
$1,650
House for rent
5d+ ago
Alta Vista Stage house for rent in Memphis
4 beds
1 bath
$1,050
House for rent
3h ago
Verified
4 beds
2.5 baths
$2,330
$2,125
Price drop
House for rent
Available Apr 16
3h ago
Verified
4 beds
2 baths
$1,965
House for rent
Available May 11
7h ago
Verified
3 beds
2.5 baths
$2,950
House for rent
Available Jun 2
9h ago
Verified
3 beds
2 baths
$2,580
$1,895
Price drop
House for rent
Available Jun 17
9h ago
Verified
3 beds
2.5 baths
$1,915
House for rent
Available Jul 15
9h ago
Verified
4 beds
2.5 baths
$3,320
$2,365
Price drop
House for rent
Available May 7
13h ago
Verified
4 beds
2 baths
$1,595
House for rent
Available Jul 15
23h ago
Verified
3 beds
2 baths
$1,720
House for rent
Available May 25
1d ago
Verified
3 beds
2 baths
$2,105
House for rent
Available Jun 25
1d ago
Verified
3 beds
2 baths
$1,990
$1,880
Price drop
House for rent
Available Apr 22
1d ago
Verified
3 beds
2 baths
$1,910
$1,785
Price drop
House for rent
Available Jun 22
1d ago
Verified
4 beds
2.5 baths
$2,295
$2,100
Price drop
House for rent
Available Apr 23
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"And Reverend Green, be glad to see you, when you haven't got a prayer, but boy you've got a prayer in Memphis." – Marc Cohn, "Walking in Memphis." Okay so you've got a prayer in Memphis, but now it's time to find you a heavenly apartment too! Who knows, your crib might be so poppin' that it may be visited as frequently as Graceland, the home of "the King." We've got two words to sum up Memphis: music and food. This city is filled with inexpensive hole-in-the-wall joints with finger-lickin' good BBQ ribs and fried chicken. BBQ, though traditional, is not the only fabulous food option in this city, there is also great international cuisine, and you can't miss the Memphis Farmer's Market.
The birthplace of rock and roll, downtown Memphis is buzzing, and of course Beale Street, one of the most iconic streets in America and its surrounding area is your first destination for a sweet live music scene. Don't lose that wristband, because it will get you in just about anywhere in this area. Memphis isn't a huge city or particularly difficult to navigate, so have no fear when you're exploring your new neighborhood in your blue suede shoes. With catfish on the table and gospel in the air, you simply can't help falling in love with Memphis.
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Residents of Memphis, TN appreciate the city's rich music scene and cultural diversity, with many enjoying the vibrant nightlife and numerous festivals. The presence of local restaurants and unique culinary offerings is often highlighted, giving a strong sense of local flavor. While many neighborhoods are seen as friendly and welcoming, some residents express concerns about crime rates and parking challenges in certain areas. Public schools receive a mix of feedback, appreciated by some but viewed as needing improvement by others. Overall, daily life in Memphis reflects a balance of vibrant activities and some livability challenges.
Memphis, Tennessee's 2025 rental market shows one-bedroom apartments averaging around $1,000 per month, while two-bedroom units also average around $1,000 per month. Both bedroom types experienced modest year-over-year changes, with one-bedrooms up 2.5% and two-bedrooms down 2.1% from 2024.
Overall, rent prices in Memphis have decreased by about 2%. Specifically, the cost for 1-bedroom apartments decreased slightly by less than 1%, and 2-bedroom apartments saw a decrease of about 2%.
December stands out as the optimal month for apartment hunting in Memphis, offering the lowest rents of the year and the least competition from other renters. July sees the highest rent while December provides approximately 5% savings compared to peak months, making winter searches particularly advantageous for budget-conscious renters.
Memphis offers distinct neighborhood experiences depending on your lifestyle preferences. Victorian Village, South Main Historic District, Uptown Memphis, and New Pathways provide the best social scenes with high walk scores and abundant dining options. Pet owners should consider White Station-Yates, Cordova, Fenwick Road, and Walnut Creek for their pet-friendly amenities and nearby dog parks.
Memphis provides several affordable neighborhood options with rents well below the city median. Destiny Unlimited and Hollywood Hyde Park Springdale both offer one-bedroom apartments around $600 per month, running 37% below the city median. Magnolia Barksdale Civic Club, Alcy-Ball, and South Memphis Citizens United for Action also provide budget-friendly alternatives with median rents ranging from around $840 to $870.
Memphis welcomes pet owners with 52% of rental listings offering pet-friendly policies, reflecting the city's accommodating attitude toward four-legged residents. White Station-Yates, Cordova, Fenwick Road, and Walnut Creek neighborhoods specifically cater to pet owners with features like pet flooring, dedicated pet spaces, and nearby dog parks with waste stations.
Utilities are rarely included in Memphis rental properties, appearing in less than 1% of total listings across all bedroom types. One-bedroom apartments have the highest rate of utility inclusion at 0.03% of listings, while studios, two-bedrooms, and three-bedrooms each include utilities in less than 0.02% of available rentals.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
| 🔑Available apartment rentals | 4,309 |
|---|---|
| 💰Best rent deal | Springdale Apartments |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |