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Greenbrook at Shelby Farms
(833) 266-1411
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The Park at Forest Hill
(901) 883-5989
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The Villas at Germantown
(844) 451-2336
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King's Reserve Memphis - 55+ Senior
(662) 863-3101
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Metro67
(901) 459-3578
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The Junction
(662) 767-7460
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Arbors River Oaks Apartment Homes
(901) 676-5822
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Parcels at Concourse
(901) 459-3549
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The Park at Paisley
(901) 546-9800
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Memphis - Poplar Avenue
(501) 300-7158
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The Park at Hollyford
(901) 365-7469
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Memphis - Mt. Moriah
(662) 509-4802
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Memphis - Apple Tree
(662) 685-6252
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Memphis - Cordova
(731) 937-3224
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Memphis - Airport
(662) 509-4404
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Memphis - Quail Hollow
(662) 442-4917
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Memphis - Wolfchase Galleria
(662) 509-4662
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Miller Creek at Germantown Apartment Homes
(901) 520-6197
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Chapel Place Homes (Affordable Housing; Income Limit Restrictions Apply)
(901) 446-1295
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Tanglewood
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Windsor Pointe (Affordable Housing; Income Limit Restrictions Apply)
(901) 440-8805
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The Tower at Kent
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Grand Island Apartment Homes
(901) 522-1212
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The Chisca On Main
(901) 459-3576
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Harbor Island Apartments
(901) 244-6201
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City View Towers - Seniors 62 & Older
(870) 771-3433
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Gayoso House
(901) 459-3591
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266 Lofts
(901) 572-7210
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Pembroke Square
(901) 446-2160
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The W. L. Apartments
(901) 459-3593
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Condos for Rent in Memphis, TN

1 of 82 Results
46
$879 - 2,539
Greenbrook at Shelby Farms
4.6
1400 Greenbrook Parkway Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
27
$970 - 1,408
The Park at Forest Hill
8285 Irene Boulevard Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Balcony, Deck, Patio
36
$1,250 - 2,937
The Villas at Germantown
Deal
5.0
3750 Moraine St Memphis, TN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
12
$950 - 1,650
King's Reserve Memphis - 55+ Senior
1550 N Pkwy Memphis, TN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony, Deck, Patio
66
3D Tour
$1,492 - 4,886
Metro67
4.1
67 Madison Ave. Memphis, TN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
Air Conditioning
10
$950 - 1,175
The Junction
Deal
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
30
$1,570 - 2,855
Arbors River Oaks Apartment Homes
225 Arbor Commons Circle Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
46
$1,920 - 3,951
Parcels at Concourse
5.0
1350 Concourse Ave Suite 750 Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
35
$875 - 1,290
The Park at Paisley
4.2
3315 Ridgeway Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
49
$2,040
Memphis - Poplar Avenue
6500 Poplar Ave Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
22
$850 - 1,150
The Park at Hollyford
2.6
6555 North Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
41
$1,410
Memphis - Mt. Moriah
6520 Mt Moriah Rd Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
34
$1,350
Memphis - Apple Tree
6085 Apple Tree Dr Memphis, TN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
37
$1,500
Memphis - Cordova
8110 Cordova Centre Dr Memphis, TN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
44
$1,890
Memphis - Airport
2541 Corporate Ave Memphis, TN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
42
$2,040
Memphis - Quail Hollow
6325 Quail Holw Memphis, TN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
48
$2,370
Memphis - Wolfchase Galleria
2520 Horizon Lake Dr Memphis, TN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
36
$1,350 - 3,080
Miller Creek at Germantown Apartment Homes
Deal
3769 Skipping Stone Trace Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
3
$947 - 1,447
Chapel Place Homes (Affordable Housing; Income Limit Restrictions Apply)
5228 Whistling Duck Dr Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
Income Restricted
Balcony, Deck, Patio
Dishwasher
17
$929 - 1,269
Tanglewood
5770 Tangle Oaks Drive Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,031
Windsor Pointe (Affordable Housing; Income Limit Restrictions Apply)
Deal
216 Wesley Forest Place North Memphis, TN
4 BR | Available Now
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Income Restricted
Air Conditioning
Covered Parking
Surface Parking
Dishwasher
$800 - 1,250
The Tower at Kent
366 S Highland St Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
25
$1,585 - 2,320
Grand Island Apartment Homes
3.2
300 Grand Island Drive Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
13
Call for Pricing
The Chisca On Main
Deal
4.6
272 S. Main St Memphis, TN
Studio - 3 BR | Ask for Availability
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
25
$1,335 - 3,000
Harbor Island Apartments
5.0
444 Island Dr., Suite Memphis, TN
1 - 4 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
14
$100 - 350
City View Towers - Seniors 62 & Older
256 S Camilla St Memphis, TN
1 BR | Available Now
Contact
Heat Included
Senior Community
Income Restricted
Air Conditioning
Surface Parking
9
$1,100
Gayoso House
4.9
130 S Front St Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
28
$1,000 - 1,725
266 Lofts
2.6
266 S Front St Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
12
$1,000 - 1,800
Pembroke Square
5.0
125 Gayoso Ave Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
11
$925 - 1,400
The W. L. Apartments
5.0
267 South Main St Memphis, TN
Studio - 2 BR | Ask for Availability
Contact
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Dishwasher
1 - 30 of 82 Results
  1. Home
  2. Memphis
  3. Condos For Rent

How much does it cost to rent a condos in Memphis?

condos
Bed Type Average Rent Range
Studio $1,080 $690 - $2,020
1BR $1,000 $560 - $1,680
2BR $1,170 $660 - $1,790
3BR $1,300 $650 - $3,010
4+BR $1,850 $650 - $3,000
Memphis Apartments
Bed Type Average Rent Range
Studio $1,080 $690 - $2,020
1BR $1,000 $550 - $1,700
2BR $1,150 $630 - $1,790
3BR $1,250 $750 - $2,350
4+BR $1,480 $650 - $2,850
Memphis Condos For Rent vs. Memphis Average
Frequently Asked Questions

How many apartments are available in Memphis, TN on Rentable.co?

Rentable.co has over 17,932 apartments available in Memphis.

What is the average rent for a studio apartment in Memphis, TN?

The average rent for a studio apartment in Memphis is around $1,080 per month.

What is the average rent for a one-bedroom apartment in Memphis, TN?

The average rent for a one-bedroom apartment in Memphis is around $1,000 per month.

What is the average rent for a two-bedroom apartment in Memphis, TN?

The average rent for a two-bedroom apartment in Memphis is around $1,150 per month.

How expensive is living in Memphis, TN?

Based on average rent prices in Memphis, to afford a studio apartment you would need an annual salary of $43,000 to live comfortably.

How many condos are available in Memphis, TN on Rentable.co?

Rentable.co has 82 condos available for rent in Memphis.

What is the average rent for a condos in Memphis, TN?

The average rent for a condos in Memphis is around $1,100 per month.

Which neighborhoods have the most condos for rent in Memphis, TN?

  1. Cooper-Young
  2. High Point Terrace
  3. Central Gardens
  4. Downtown Memphis
  5. South Forum

Asset 2
Apartments by Bedrooms
2 Bedroom Apartments
3 Bedroom Apartments
4 Bedroom Apartments
Studio Apartments
1 Bedroom Apartments
Apartments by Affordability
Apartments Under $700
Apartments Under $1,200
Apartments Under $1,000
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Apartments Under $800
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Apartments Under $500
Cheap Apartments
Apartments with Amenities
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Furnished Apartments
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Short Term Rentals
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Memphis:
May Rent Report

Welcome to the May 2023 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2023 key findings and figures for the Memphis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Memphis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Memphis average rent prices in the chart below.

Monthly Rent Report

Memphis Rent Prices Increase From April to May

Memphis rent prices increased over the last month. From April to May, the city experienced a 1.43% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $996.0.

When we take a look at the two-bedroom comparison from April to May, Memphis experienced a -0.62% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,129.0.

May Prices: Memphis vs. Surrounding Areas

Rent Prices in Memphis and Surrounding Areas

Rent prices have increased in Memphis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Memphis suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Cordova, TN, Southaven, MS, Walls, MS .

  • Rent decreased in Collierville, TN, Horn Lake, MS, Germantown, TN.

  • 5 suburbs are currently priced higher than the city of Memphis.

  • 1 suburb is currently priced lower than the city of Memphis.

May 2023 Pricing Trends: Memphis vs. National Comparisons

Memphis Rent Prices More Affordable Than Major Cities

Rent growth in Memphis over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Memphis average rent prices appear to be relatively affordable for local residents.

The price for a Memphis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Memphis and surrounding area rent prices, take a look at the complete data set below.

Data set for Memphis and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Memphis, TN $982.0 0.51% $1,136.0 -1.56%
Cordova, TN $1,439.0 1.98% $1,583.0 0.89%
Southaven, MS $1,393.0 2.65% $1,474.0 -0.47%
Collierville, TN $1,382.0 -0.43% $1,663.0 0.36%
Horn Lake, MS $1,307.0 -1.28% $1,369.0 0.00%
Walls, MS $985.0 4.12% $1,201.0 5.35%
Germantown, TN $1,499.0 0.00% $1,830.0 0.06%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.