How much is the average rent in Memphis, TN for 1-bedroom and 2-bedroom apartments?

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.

When is the best time to look for an apartment in Memphis, TN?

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.

What are the best neighborhoods to rent an apartment in Memphis, TN?

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.

What areas of Memphis, TN are best for budget-conscious renters?

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.

Are there pet-friendly apartments in Memphis, TN?

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.

Are utilities usually included in rent in Memphis, TN?

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.

Apartments for Rent with Move In Special in Memphis, TN

25 rentals available

The Peabody Collection Apartments - Photo 1 of 1

Highly rated

Rent special

30m ago

9.9

Excellent

Verified

The Peabody Collection Apartments

125 Gayoso Ave, Memphis, TN 38103

Rent special | In-unit laundry | Air conditioning

Studio–2 beds

1–2 baths

$1,213–$2,015

Price drop

Apartment for rent

Top amenities

Controlled Access

Dishwasher

On-Site Laundry

On-Site Management

Storage

Wheelchair Accessible

Call

Highly rated

Rent special

1h ago

9.4

Excellent

Fielder Square

70 S 4th St, Memphis, TN 38103

Rent special | In-unit laundry | Air conditioning

Studio–3 beds

1–2 baths

$1,021–$3,310

Price drop

Apartment for rent

Top amenities

Business Center

Garage Parking

High Ceilings

On-Site Laundry

Residents Lounge

Swimming Pool

Call

Rent special

6h ago

9.6

Excellent

Verified

The Landing Residences

One Dr. Martin Luther King Jr. Ave, Memphis, TN 38103

Rent special | In-unit laundry | Air conditioning

Studio–2 beds

1–2 baths

$1,285–$6,898

Apartment for rent

Top amenities

Business Center

Concierge Service

Fitness Center

Garage Parking

Hardwood Floor

Package Service

Call

The Oliver Luxury Apartments - Photo 1 of 1

Highly rated

Rent special

7h ago

9.6

Excellent

Verified

The Oliver Luxury Apartments

7 Vance Ave, Memphis, TN 38103

Rent special | Fitness center | Storage

Studio–3 beds

1–3 baths

$1,285–$5,900

Apartment for rent

Call

Highly rated

Rent special

1d ago

Very good

The View at Shelby Farms

8056 Country Squire Ln, Memphis, TN 38018

Rent special | High ceilings

1–2 beds

1–2 baths

$1,004–$1,183

Apartment for rent

Rent special

1d ago

Move In Special Evergreen Historic District house for rent in Memphis

2 Bed/1 Bath Home with Fenced Yard / Available Now!

426 Garland St, Memphis, TN 38104

Rent special | On-site laundry | Ceiling fan

2 beds

1 bath

$1,595

House for rent

Top amenities

Ceiling Fan

On-Site Laundry

On-Site Management

Package Service

Storage

Nearby rental good for eco-living

$1,213–$2,015

125 Gayoso Ave

Nearby rental good for pet owners

$1,021–$3,310

70 S 4th St

Rent special

2d ago

Move In Special Orange Mound Civic Orgganization townhouse for rent in Memphis

Cute Duplex For Rent!!!! Section 8 Welcomed !!!!

667 Marechalneil St, Memphis, TN 38114

Rent special | On-site laundry

2 beds

1.5 baths

$800

House for rent

Top amenities

On-Site Laundry

Rent special

3d ago

8.3

Very good

North Creek Apartments

8786 N Creek Blvd, Southaven, MS 38671

Rent special | In-unit laundry | Balcony

1–3 beds

1–2 baths

$1,128–$2,019

Price drop

Apartment for rent

Top amenities

Ceiling Fan

Dishwasher

Fitness Center

In-Unit Laundry

Package Service

Storage

Rent an Airbnb‑friendly apartment.

Earn

extra money.

Airbnb-friendly apartments allow residents to earn extra money from hosting on Airbnb part-time.
Learn more on Airbnb

Villas at Houston Levee East - Photo 1 of 1

Rent special

4d ago

8.5

Very good

Villas at Houston Levee East

10107 Havanese Ln, Memphis, TN 38016

Rent special | In-unit laundry | Garage parking

1–3 beds

1–2 baths

$1,175–$1,950

Apartment for rent

Top amenities

Ceiling Fan

Fitness Center

High Ceilings

Microwave

On-Site Laundry

Residents Lounge

Rent special

4d ago

8.8

Very good

Azur Tower

305 S Bellevue Blvd, Memphis, TN 38104

Rent special | Air conditioning

1–2 beds

1 bath

$798–$1,128

Apartment for rent

Find sweet deals near Memphis

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$825

Binghampton-Lester

$659–$759

Rhodes Hollywood Springdale Partnership

$1,095

Memphis

$1,040

Memphis

Rent special

4d ago

8.6

Very good

Fairfax Manor Townhomes

1875 Camberley Cir, Memphis, TN 38119

Rent special

1–4 beds

1–3 baths

$1,075–$1,975

Apartment for rent

Rent special

5d+ ago

Move In Special Frayser house for rent in Memphis

2 Bed/1 Bath Home with Off-Street Parking / Pet-Friendly / Vouchers Accepted / Available Now!

761 Whitney Ave, Memphis, TN 38127

Rent special | Hardwood floor | Ceiling fan

2 beds

1 bath

$795

House for rent

Top amenities

On-Site Management

Package Service

Highly rated

Rent special

5d+ ago

9.2

Excellent

Verified

99 S Front St

99 S Front St, Memphis, TN 38103

Rent special | Furnished

1–2 beds

1–2 baths

$1,620–$2,250

Apartment for rent

Rent special

5d+ ago

Move In Special Messick Buntyn house for rent in Memphis

2 Bed/1 Bath Duplex with Fenced Yard / Available Now!

3376 Spottswood Ave, Memphis, TN 38111

Rent special | In-unit laundry | Ceiling fan

2 beds

1 bath

$1,175

House for rent

Top amenities

Ceiling Fan

In-Unit Laundry

On-Site Management

Rent special

5d+ ago

Move In Special house for rent in Memphis

2 Bed/1 Bath Home with Off-Street Parking / Available Now!

905 Parkhaven Ln, Memphis, TN 38111

Rent special | Storage | On-site management

2 beds

1 bath

$1,255

House for rent

Top amenities

Dishwasher

On-Site Management

Rent special

5d+ ago

Move In Special Southeast Memphis house for rent in Memphis

3 Bed/2 Bath Home with Carport / Available Now!

3409 Clearbrook St, Memphis, TN 38118

Rent special | On-site laundry | Ceiling fan

3 beds

2 baths

$1,495

House for rent

Top amenities

Fireplace

On-Site Laundry

On-Site Management

Rent special

5d+ ago

Move In Special house for rent in Memphis

APPLY NOW AND GET 50% OFF YOUR 2ND MONTH'S RENT!!! 3 Beds & 2 Baths House in Memphis / Pet-Friendly / Available Now!

3352 Brownbark Dr, Memphis, TN 38115

Rent special | In-unit laundry | Ceiling fan

3 beds

2 baths

$1,645

$1,545

Price drop

House for rent

Top amenities

Ceiling Fan

Concierge Service

Dishwasher

In-Unit Laundry

On-Site Management

Package Service

Rent special

5d+ ago

Move In Special Colonial Acres house for rent in Memphis

3 Bed/1.5 Bath Home with Carport / Pet-Friendly / Available Now!

4984 Welchshire Ave, Memphis, TN 38117

Rent special | On-site laundry | Ceiling fan

3 beds

1.5 baths

$1,545

House for rent

Top amenities

On-Site Laundry

On-Site Management

Package Service

Rent special

5d+ ago

Move In Special Westhaven house for rent in Memphis

3 Bed/1 Bath Home with Off-Street Parking / Pet-Friendly / Vouchers Accepted / Available Now!

362 Hewlett Rd, Memphis, TN 38109

Rent special | On-site laundry | Hardwood floor

3 beds

1 bath

$945

House for rent

Top amenities

Ceiling Fan

On-Site Laundry

On-Site Management

Package Service

Rent special

5d+ ago

Move In Special Messick Buntyn house for rent in Memphis

PROMO: Get 50% Off first full month’s rent!/3 Bed/ 2 Bath Home with Carport / Pet-Friendly / Vouchers Accepted / Available Now!

2984 Waverly Ave, Memphis, TN 38111

Rent special | Air conditioning | On-site laundry

3 beds

2 baths

$1,095

House for rent

Top amenities

Air Conditioning

On-Site Laundry

On-Site Management

Package Service

Rent special

5d+ ago

Move In Special house for rent in Memphis

A Must See in the Berclair Area Off Summer Ave.!!!!! It's GORGEOUS!!!!!!

554 Sandridge St, Memphis, TN 38122

Rent special | Outdoor space

2 beds

1 bath

$1,495

House for rent

Rent special

5d+ ago

Move In Special Springhill Community Civic Club house for rent in Memphis

3902 Trufant Ave

3902 Trufant Ave, Memphis, TN 38128

Rent special | Storage | Outdoor space

3 beds

1.5 baths

$1,225

House for rent

Rent special

5d+ ago

Move In Special house for rent in Southaven

SELF TOUR NOW!

7902 Hemlock Dr, Southaven, MS 38671

Rent special | On-site management | Package service

3 beds

2 baths

$1,949

House for rent

Top amenities

On-Site Management

Rent special

5d+ ago

8.5

Very good

The Residence Village Green

3450 Fescue Ln, Memphis, TN 38115

Rent special | Swimming pool | Outdoor space

1–3 beds

1–2 baths

$750–$1,400

Apartment for rent

Rent special

5d+ ago

Move In Special Alliance of Cordova Neighborhoods house for rent in Memphis

APPLY NOW!

919 Cully Rd, Memphis, TN 38018

Rent special | On-site management | Package service

3 beds

2 baths

$1,875

House for rent

Top amenities

On-Site Management

Showing 1 - 25 of 25 results

Home > Apartments in Memphis > Memphis Move in special Apartments For Rent

Updated: July 2, 2026

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