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.

Are rents going up or down in Memphis, TN?

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%.

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.

Pet Friendly Apartments for Rent in Memphis, TN - 1,711 Rentals

2h ago

Pet Friendly house for rent in Memphis

4583 Range Line Rd, Memphis, TN 38127

Dogs and cats ok

3 beds

1 bath

$895

House for rent

2h ago

8.3

Very good

220 S. Cleveland St

220 S Cleveland St, Memphis, TN 38104

Dogs and cats ok | In-unit laundry | Assigned parking

Studio–2 beds

1 bath

$750–$850

Apartment for rent

Top amenities

Central Heat

In-Unit Laundry

2h ago

Pet Friendly South Main Historic District house for rent in Memphis

508 S Main St #3, Memphis, TN 38103

Dogs and cats ok | In-unit laundry

2 beds

2 baths

$3,395

$3,095

Price drop

House for rent

Top amenities

In-Unit Laundry

2h ago

8

Very good

Verified

1544 Madison Ave

1544 Madison Ave, Memphis, TN 38104

Dogs and cats ok | Furnished

1–2 beds

1–2 baths

$1,720–$2,350

Apartment for rent

Highly rated

2h ago

9.2

Excellent

Verified

99 S Front St

99 S Front St, Memphis, TN 38103

Dogs and cats ok | Furnished

1–2 beds

1–2 baths

$1,620–$2,250

Apartment for rent

Highly rated

Rent special

7h ago

8.8

Very good

Fielder Square

70 S 4th St, Memphis, TN 38103

Dogs and cats ok | Outdoor space | In-unit laundry

Studio–3 beds

1–2 baths

$1,004–$2,811

Apartment for rent

Top amenities

Business Center

Garage Parking

High Ceilings

On-Site Laundry

Residents Lounge

Storage

Call

9h ago

7.7

Very good

1056 Hudson Street

1056 Hudson St, Memphis, TN 38112

Dogs and cats ok

2 beds

1 bath

$825

Apartment for rent

9h ago

Pet Friendly house for rent in Memphis

3640 Shirlwood Ave, Memphis, TN 38122

Dogs and cats ok

3 beds

2 baths

$2,100

House for rent

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2108 Jefferson Avenue #101 - Photo 1 of 1

11h ago

8.8

Very good

2108 Jefferson Avenue #101

2108 Jefferson Ave, Memphis, TN 38104

Dogs and cats ok

1 bed

1 bath

$900

Apartment for rent

12h ago

Pet Friendly Victorian Village apartment for rent in Memphis

670 Madison Ave #103, Memphis, TN 38103

Dogs and cats ok | In-unit laundry | Assigned parking

1 bed

1 bath

$1,140

Apartment for rent

Available Jun 19

Top amenities

Assigned Parking

High Ceilings

In-Unit Laundry

12h ago

Pet Friendly New Pathways apartment for rent in Memphis

Modern Midtown Studio Apartment

1162 Peabody Ave #101, Memphis, TN 38104

Dogs and cats ok | In-unit laundry | Furnished

Studio

1 bath

$1,090

$990

Price drop

Apartment for rent

Available Jun 5

Top amenities

Assigned Parking

Ceiling Fan

Central Heat

Dishwasher

In-Unit Laundry

13h ago

Pet Friendly apartment for rent in Memphis

2BD/2.5BA Cottage at Belle | Mont | Open Concept | Near Crosstown Concourse

281 N Montgomery St, Memphis, TN 38104

Dogs and cats ok | In-unit laundry

2 beds

2.5 baths

$1,575

Apartment for rent

Available Jun 1

Top amenities

In-Unit Laundry

13h ago

Pet Friendly apartment for rent in Memphis

2BD/2.5BA Cottage at Belle | Mont | Open Concept | Near Crosstown Concourse

275 N Montgomery St #102, Memphis, TN 38104

Dogs and cats ok | In-unit laundry

2 beds

2.5 baths

$1,575

Apartment for rent

Available Jun 1

Top amenities

In-Unit Laundry

3D tour

13h ago

Pet Friendly apartment for rent in Memphis

3554 Vanuys Rd, Memphis, TN 38111

Dogs and cats ok | Hardwood floor | In-unit laundry

2 beds

1 bath

$1,025

$895

Price drop

Apartment for rent

Available Mar 9

Top amenities

Hardwood Floor

In-Unit Laundry

Orleans Station Apartments - Photo 1 of 1

13h ago

8.5

Very good

Orleans Station Apartments

694 Madison Ave, Memphis, TN 38103

Dogs and cats ok | In-unit laundry | Dishwasher

1 bed

1 bath

$1,390–$1,615

Apartment for rent

Top amenities

In-Unit Laundry

15h ago

8.7

Very good

Peabody Falls

2009 Peabody Ave, Memphis, TN 38104

Dogs and cats ok | In-unit laundry | Air conditioning

1–2 beds

1–2 baths

$950–$1,700

Apartment for rent

Top amenities

In-Unit Laundry

Income restricted

15h ago

7.8

Very good

Woodglen Village

2820 Hibiscus Ln, Memphis, TN 38127

Dogs and cats ok | Outdoor space | Hardwood floor

2 beds

1 bath

$1,208

Apartment for rent

Available Jun 4

Top amenities

Dishwasher

Hardwood Floor

In-Unit Laundry

On-Site Laundry

FIRST MONTH FREE; Adorable Duplex in Crosstown Area! - Photo 1 of 1

15h ago

8.4

Very good

FIRST MONTH FREE; Adorable Duplex in Crosstown Area!

1511 Jackson Ave, Memphis, TN 38107

Dogs and cats ok

2 beds

1 bath

$1,110

Apartment for rent

15h ago

9.2

Excellent

U of M Area

592 Patterson St, Memphis, TN 38111

Dogs and cats ok | On-site laundry | Storage

1–2 beds

1 bath

$725–$900

Price drop

Apartment for rent

Top amenities

On-Site Laundry

16h ago

9.2

Excellent

Hollywood Square

170 N Hollywood St, Memphis, TN 38112

Dogs and cats ok | In-unit laundry | Dishwasher

2–3 beds

1 bath

$995–$1,150

Apartment for rent

Top amenities

In-Unit Laundry

Highly rated

3D tour

16h ago

7.5

Very good

The Marine Residence

360 Metal Museum Dr, Memphis, TN 38106

Dogs and cats ok | Outdoor space | Hardwood floor

1–2 beds

1–2 baths

$1,200–$2,100

Apartment for rent

Top amenities

Ceiling Fan

Central Heat

Dishwasher

High Ceilings

Storage

Swimming Pool

17h ago

Pet Friendly Concerned Citizens of Walnut Grove house for rent in Memphis

615 Ashley Glen Cir, Memphis, TN 38018

Dogs and cats ok | Outdoor space | Air conditioning

3 beds

2 baths

$1,495

House for rent

17h ago

Pet Friendly Magnolia Barksdale Civic Club house for rent in Memphis

1981 Boyle Ave, Memphis, TN 38114

Dogs and cats ok | Outdoor space | Hardwood floor

3 beds

2 baths

$1,315

House for rent

Top amenities

Concierge Service

Hardwood Floor

17h ago

Pet Friendly house for rent in Memphis

3808 Windcrest Rd, Memphis, TN 38116

Dogs and cats ok | Outdoor space | Hardwood floor

3 beds

1.5 baths

$1,340

House for rent

Top amenities

Air Conditioning

18h ago

8.8

Very good

The Midline Apartments

40 S Morrison St, Memphis, TN 38104

Dogs and cats ok | Hardwood floor | In-unit laundry

2 beds

1 bath

$1,200–$1,350

Apartment for rent

Top amenities

Air Conditioning

Controlled Access

Dishwasher

Hardwood Floor

In-Unit Laundry

On-Site Laundry

18h ago

Pet Friendly Raleigh-Ridge Park house for rent in Memphis

4773 Casann Avenue - 1

4773 Casann Ave #1, Memphis, TN 38128

Dogs and cats ok

3 beds

2 baths

$1,595

House for rent

Available Jul 31

3923 Autumn Harvest Ln #1 - Photo 1 of 1

18h ago

Pet Friendly Richwood house for rent in Memphis

3923 Autumn Harvest Lane - 1

3923 Autumn Harvest Ln #1, Memphis, TN 38125

Dogs and cats ok | Garage parking

3 beds

2 baths

$1,600

House for rent

Available Jul 30

19h ago

Pet Friendly house for rent in Memphis

1456 E Raines Rd, Memphis, TN 38116

Dogs and cats ok | Hardwood floor | Air conditioning

3 beds

2 baths

$1,440

House for rent

Top amenities

Air Conditioning

Hardwood Floor

20h ago

Pet Friendly house for rent in Memphis

Dogs and cats ok

4 beds

2 baths

$1,495

House for rent

20h ago

Pet Friendly house for rent in Memphis

Dogs and cats ok

2 beds

1 bath

$1,295

House for rent

20h ago

Pet Friendly Gray's Creek house for rent in Memphis

3 Bedroom Pet-Friendly Home in CORDOVA, TN with Main Street Renewal

1419 Sawmill Creek Ln, Memphis, TN 38016

Dogs and cats ok | Outdoor space | Storage

3 beds

2.5 baths

$2,215

House for rent

20h ago

Pet Friendly house for rent in Memphis

2868 Copper Ridge Cv S, Memphis, TN 38134

Dogs and cats ok

3 beds

2 baths

$2,189

House for rent

20h ago

Pet Friendly Evergreen Historic District apartment for rent in Memphis

$1550 - 3 Bedroom 1.5 Bathroom Duplex In Memphis by Overton Park

1816 Galloway Ave #1816, Memphis, TN 38112

Dogs and cats ok | Outdoor space | Hardwood floor

3 beds

1.5 baths

$1,550

Apartment for rent

Available Jul 1

Top amenities

Central Heat

Dishwasher

Hardwood Floor

In-Unit Laundry

Storage

20h ago

9

Excellent

PARKWAY PLACE APARTMENTS

2342 Parkway Pl, Memphis, TN 38112

Dogs and cats ok | Hardwood floor | In-unit laundry

Studio–1 bed

1 bath

$850–$895

Apartment for rent

Top amenities

Controlled Access

Hardwood Floor

In-Unit Laundry

20h ago

Pet Friendly Hollywood-Hyde Park-Springdale apartment for rent in Memphis

$999 - 1 Bedroom 1 Bathroom Apartment In Memphis - Pet-Friendly!

1735 Delano Ave #11, Memphis, TN 38127

Dogs and cats ok | Outdoor space | Hardwood floor

1 bed

1 bath

$997

Apartment for rent

Available Oct 23

Top amenities

Air Conditioning

On-Site Laundry

On-Site Management

Wheelchair Accessible

20h ago

Pet Friendly Hollywood-Hyde Park-Springdale apartment for rent in Memphis

$999 - 2 Bedroom 1 Bathroom Apartment In Memphis - Pet-Friendly!

1735 Delano Ave #21, Memphis, TN 38127

Dogs and cats ok | Outdoor space | Hardwood floor

2 beds

1 bath

$997

Apartment for rent

Available Oct 23

Top amenities

Air Conditioning

Assigned Parking

On-Site Laundry

On-Site Management

20h ago

Pet Friendly Colonial Acres house for rent in Memphis

3 Bedroom Pet-Friendly Home in Memphis, TN with Main Street Renewal

1619 Hopewell Rd, Memphis, TN 38117

Dogs and cats ok | Swimming pool

3 beds

1 bath

$1,325

House for rent

20h ago

Pet Friendly Mallard Ridge Neighborhood Watch house for rent in Memphis

6562 Lake Valley Dr, Memphis, TN 38141

Dogs and cats ok

3 beds

2 baths

$1,595

House for rent

20h ago

Pet Friendly house for rent in Memphis

Dogs and cats ok

3 beds

1.5 baths

$1,300

House for rent

20h ago

Pet Friendly house for rent in Memphis

6258 Ridge Manor Dr, Memphis, TN 38115

Dogs and cats ok

3 beds

2 baths

$1,475

House for rent

21h ago

Pet Friendly house for rent in Memphis

3717 Deerwood Cv, Memphis, TN 38111

Dogs and cats ok

2 beds

1 bath

$950

House for rent

21h ago

Pet Friendly Binghampton-Lester apartment for rent in Memphis

3105 Yale Avenue

3105 Yale Ave, Memphis, TN 38112

Dogs and cats ok

2 beds

1 bath

$800

Apartment for rent

21h ago

8.3

Very good

195 Hawthrone

195 Hawthorne St, Memphis, TN 38112

Dogs and cats ok

1 bed

1 bath

$750

Apartment for rent

21h ago

Pet Friendly Frayser house for rent in Memphis

3269 Sunrise St, Memphis, TN 38127

Dogs and cats ok

4 beds

2 baths

$1,300

$1,195

Price drop

House for rent

22h ago

Pet Friendly Rhodes Hollywood Springdale Partnership house for rent in Memphis

967 Maury St, Memphis, TN 38107

Dogs and cats ok | Carpet | Package service

3 beds

2 baths

$1,595

House for rent

Available Dec 1

22h ago

9

Excellent

267 Greenlaw Avenue

267 Greenlaw Ave, Memphis, TN 38105

Dogs and cats ok | Air conditioning

2 beds

1 bath

$650

Apartment for rent

22h ago

Pet Friendly house for rent in Memphis

Dogs and cats ok | Carpet | Storage

3 beds

2 baths

$1,650

House for rent

Available Jun 3

Top amenities

Ceiling Fan

23h ago

Pet Friendly Southeast Memphis house for rent in Memphis

4776 Scottsdale Ave, Memphis, TN 38118

Dogs and cats ok | Outdoor space | Carpet

4 beds

2 baths

$1,075

House for rent

Available Mar 16

Top amenities

Carpet

Concierge Service

In-Unit Laundry

On-Site Laundry

Package Service

Storage

1d ago

Pet Friendly house for rent in Memphis

376 North Graham Street - Unit 1

376 N Graham St #1, Memphis, TN 38117

Dogs and cats ok | Hardwood floor | On-site laundry

3 beds

1.5 baths

$1,425

House for rent

Available Nov 10

Top amenities

Air Conditioning

Central Heat

Controlled Access

On-Site Laundry

Chambliss Village Townhomes - Photo 1 of 1

1d ago

8.5

Very good

Chambliss Village Townhomes

1086 Chambliss Rd, Memphis, TN 38116

Dogs and cats ok | In-unit laundry | Dishwasher

2 beds

1 bath

$1,095

House for rent

Top amenities

In-Unit Laundry

🐱Pets	Dog, cat, and other pet policies vary by owner and individual listing
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💰Best rent deal	267 Greenlaw Ave
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