Apartments in Downtown Memphis

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1 - 30 of 76 Results
11
$1,695
10368 Cottage Oaks
Memphis, TN
3 BR | Jan. 6, 2100
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
Dishwasher
Downtown Memphis
49
$995 - 1,335
Uptown Square Apartments
252 North Lauderdale Memphis, TN
2 - 3 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
11
$715 - 1,625
Uptown Square
252 North Lauderdale Street Memphis, TN
Studio - 3 BR | Available Now
Section 8
In Unit Laundry
Fitness Center
Dishwasher
5
$960 - 2,100
Number 10 Main
5.0
10 S Main St Memphis, TN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Section 8
In Unit Laundry
Fitness Center
27
$1,433 - 6,851
Metro67
4.1
67 Madison Ave. Memphis, TN
Studio - 3 BR | Available Now
Dog Friendly
Cat Friendly
Student
Virtual Tour
Air Conditioning
6
$1,020 - 1,850
Radio Center Flats
5.0
66 South Main Street Memphis, TN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Covered Parking
In Unit Laundry
Fitness Center
27
$2,435
426 N Front St
Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
House
Air Conditioning
Fitness Center
16
$1,525
Fielder Square Apartment Homes
1.0
70 South Fourth St Memphis, TN
2 BR | Available Now
Dog Friendly
Cat Friendly
Fitness Center
5
$823 - 1,370
Fielder Square
70 S 4th St Memphis, TN
Studio - 2 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Section 8
Covered Parking
13
$775 - 915
Jefferson Place Apartments
3.8
560 S. Jefferson Place Memphis, TN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
8
$775 - 1,400
The Lofts At Union Alley
5.0
110 Barboro Alley Memphis, TN
Studio - 1 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Den
6
$950 - 1,640
Barboro Flats
3.0
100 Gayoso Ave Memphis, TN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Virtual Tour
Section 8
Air Conditioning
6
$1,200 - 1,850
Van Fleet Flats
5.0
122 Gayoso Avenue Memphis, TN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Covered Parking
5
$1,000 - 1,800
Main Street Flats
3.0
99-105 South Main Street Memphis, TN
Studio - 2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
5
$1,010 - 1,650
The Cornerstone Flats
3.0
113 South Main Street Memphis, TN
1 - 2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
12
$1,000 - 1,800
Pembroke Square
5.0
125 Gayoso Avenue Memphis, TN
1 - 2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
9
$1,100
Gayoso House
4.9
130 South Front Street Memphis, TN
1 - 2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
25
$1,585 - 2,320
Grand Island Apartment Homes
3.2
300 Grand Island Drive Memphis, TN
1 - 3 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
23
$995
669 Adams Ave
Memphis, TN
Studio | Available Now
Dog Friendly
Cat Friendly
Surface Parking
Balcony, Deck, Patio
Storage
42
$2,240
200 Wagner Pl
Memphis, TN
2 BR | Available Now
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony, Deck, Patio
6
$675
302 Mill St
Memphis, TN
1 BR | Available Now
Air Conditioning
Balcony, Deck, Patio
Disability Access
Dishwasher
5
$1,650
Harbor Island Apartments
444 Island Dr Memphis, TN
2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Fitness Center
25
$1,335 - 3,000
Harbor Island Apartments
5.0
444 Island Dr., Suite Memphis, TN
1 - 4 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
12
$1,295
670 Madison Ave
Memphis, TN
1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Storage
24
$1,025 - 1,777
Arbors Harbor Town
2.9
671 Harbor Edge Drive Memphis, TN
1 - 3 BR | Available Now
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Fitness Center
Pool
5
$875 - 1,025
141 N Manassas St
Memphis, TN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Fitness Center
Storage
11
$925 - 1,400
The W. L. Apartments
5.0
267 South Main St Memphis, TN
Studio - 2 BR | Ask for Availability
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Dishwasher
28
$1,000 - 1,725
266 Lofts
2.6
266 S Front Street Memphis, TN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
13
Call for Pricing
The Chisca On Main
Deal
4.6
272 S. Main St Memphis, TN
Studio - 3 BR | Ask for Availability
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
10
$710
Forum Flats
5.0
290 Turley Ste. 128 Memphis, TN
1 BR | Available Now
Income Restricted
Balcony, Deck, Patio
Fitness Center
Dishwasher
1 - 30 of 76 Results
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  3. Downtown Memphis

How much does it cost to rent an apartment in Memphis?

Memphis Apartments
Bed Type Average Rent Range
Studio $1,000 $630 - $1,530
1BR $940 $550 - $1,630
2BR $1,150 $630 - $1,800
3BR $1,250 $780 - $2,310
4+BR $1,820 $680 - $5,000
Downtown Memphis Neighborhood Summary

Memphis is a great city with lots of great neighborhoods to live in and fun places to hang out. And the heart of the city is downtown. Central Memphis is filled with some spectacular bars, restaurants, and shops. You can also enjoy the wonderful music and arts scene here, as well. But when you're searching for Downtown Memphis Apartments it can difficult to sift through all of the listings on the web or walk the streets to find places in the area that you're looking for.

That's exactly why ABODO exists. We gather listings from all over the web and we add new properties every day. And we do all this just so we can make sure that you've got the freshest list of apartments in downtown Memphis to choose from!

Memphis:
December Rent Report

Welcome to the December 2022 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2022 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 November to December

Memphis rent prices increased over the last month. From November to December, the city experienced a 0.11% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $898.0.

When we take a look at the two-bedroom comparison from November to December, Memphis experienced a -0.68% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,029.0.

December 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, Bartlett, TN .

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

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

December 2022 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.

You can view the full rundown of Rentable's December 2022 National Apartment Report and data set here.

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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Memphis, TN $897.0 -0.11% $1,036.0 -2.08%
Cordova, TN $1,353.0 2.81% $1,497.0 0.67%
Southaven, MS $1,257.0 3.37% $1,493.0 -3.68%
Horn Lake, MS $1,246.0 -1.74% $1,200.0 0.00%
Collierville, TN $1,290.0 -0.85% $1,384.0 -0.65%
Germantown, TN $1,241.0 -0.64% $1,683.0 -0.94%
Bartlett, TN $1,472.0 0.27% $1,831.0 0.94%

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.