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Apartments Near University of Memphis

1 - 30 of 538 Results
7
$750
University Flats
3459 Southern Ave Ofc Memphis, TN
2 BR | Available Now
0.6 miles from center of campus
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Dog Friendly
Cat Friendly
Disability Access
0
$900
3605 Mynders Ave
Memphis, TN
1 BR | Available Now
0.3 miles from center of campus
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Disability Access
0
$900
3609 Mynders Ave
Memphis, TN
1 BR | Available Now
0.3 miles from center of campus
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Disability Access
Dishwasher
1
$650
Walker Apartments
3606 Walker Ave Memphis, TN
1 BR | Available Now
0.3 miles from center of campus
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Dog Friendly
Cat Friendly
0
$875 - 975
U Of M Area~~
592-600 Patterson St Memphis, TN
1 - 2 BR | Available Now
0.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
11
$1,150
605 Patterson St Apt 5
Memphis, TN
2 BR | Ask for Availability
0.4 miles from center of campus
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House
0
$900
595 Brister St
Memphis, TN
1 BR | Available Now
0.4 miles from center of campus
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Disability Access
Dishwasher
11
$1,425
616 Shotwell St
Memphis, TN
3 BR | Available Now
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
13
$559 - 1,139
PER ROOM
& UNIT
The Stratum On Highland
Deal
2.9
510 S Highland St Memphis, TN
Studio - 4 BR | Available Now
0.5 miles from center of campus
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Heat Included
Furnished
Student
Covered Parking
In Unit Laundry
0
$1,025
3602- 3616 Spottswood
Memphis, TN
2 BR | Available Now
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
7
$750
Woodtrail Apartments
3602 Spottswood Memphis, TN
2 BR | Available Now
0.5 miles from center of campus
Contact
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
1
$850
Te - Spottswoodave3891
3891 Spottswood Ave Memphis, TN
1 BR | Available Now
0.5 miles from center of campus
Contact
Furnished
Storage
Disability Access
1
$1,550
Move-in Special! 50% Off First Month’s Rent – Spacious 4-bedroom Home In Memphis!
3576 Spottswood Ave Memphis, TN
4 BR | Available Now
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
House
3
$699
Mimosa Gardens
461 S Highland St Memphis, TN
2 BR | Available Now
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
Townhome
Storage
0
$900
U Of M Area! Fully Renovated One Bedroom Apartments Now Available!
461 S Highland St Memphis, TN
1 BR | Available Now
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
Surface Parking
Storage
1
$1,535
3 Bed, 1 Bath Near The University Of Memphis
670 Shotwell St Memphis, TN
3 BR | Available Now
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
14
$1,131 - 2,354
Highland Row
395 S Highland St Memphis, TN
Studio - 3 BR | Available Now
0.6 miles from center of campus
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Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
Pool
1
$1,550
631 S Graham
Memphis, TN
3 BR | Available Now
0.6 miles from center of campus
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House
Storage
Disability Access
Dishwasher
0
$895 - 1,195
3635 Carnes Ave
Memphis, TN
1 - 2 BR | Ask for Availability
0.6 miles from center of campus
Contact
1
$1,250
Welcome To 743 Buck St In Memphis, Tn!
743 Buck St Memphis, TN
2 BR | May. 28, 2025
0.6 miles from center of campus
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,800
Charming 3-bedroom Home In Memphis-comfort & Convenience!
646 S Graham St Memphis, TN
3 BR | Available Now
0.6 miles from center of campus
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Dog Friendly
Cat Friendly
House
1
$1,850
4 Bedroom, 2 Bathroom Near The University Of Memphis
3749 Douglass Ave Memphis, TN
4 BR | Available Now
0.6 miles from center of campus
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,295
3432 Pruett Ct
Memphis, TN
2 BR | Available Now
0.7 miles from center of campus
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House
$1,295
3440 Pruett Ct
Memphis, TN
2 BR | Available Now
0.7 miles from center of campus
Contact
House
1
$1,050
Your Dream Home Awaits At 3684 Marion Ave, Memphis!
3684 Marion Ave Memphis, TN
2 BR | Available Now
0.7 miles from center of campus
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Dog Friendly
Cat Friendly
House
$1,295
3430 Pruett Ct
Memphis, TN
2 BR | Available Now
0.7 miles from center of campus
Contact
House
21
$1,350 - 1,800
Kiwi and Goji
Deal
197 Windover Road #9 Memphis, TN
1 - 3 BR | Available Now
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
In Unit Laundry
27
$1,229 - 1,580
Kiwi Goji
197 Windover Rd Memphis, TN
1 - 2 BR | Available Now
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
1
$1,250
2bd/1ba Home Located Near The University Of Memphis
3753 Marion St Memphis, TN
2 BR | Jun. 1, 2025
0.7 miles from center of campus
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Dog Friendly
Cat Friendly
House
$950
695 Miles Dr
Memphis, TN
2 BR | Available Now
0.7 miles from center of campus
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House
1 - 30 of 538 Results
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Frequently Asked Questions

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

Rentable.co has over 22,353 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 $1,160 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 $1,170 per month.

How expensive is it to rent an apartment in Memphis, TN?

For a two-bedroom apartment in Memphis, the average rent price is $1,170 per month, which is lower than the national average of $1,640 per month.

Can I afford an apartment for rent in Memphis, TN?

Based on average rent prices in Memphis, to afford a studio apartment you would need an annual household income of $46,000 to live comfortably.

University of Memphis

Memphis is a great city to live in with lots of great apartments near University of Memphis to choose from. But when you're searching for a new rental 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 Rentable 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 University of Memphis apartments to choose from!

Memphis:
May Rent Report

Welcome to the May 2025 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2025 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

$1,250
$940
$630
$310
$0
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
1 BR       2 BR

Memphis Rent Prices Decrease From April to May

Memphis rent prices decreased over the last month. From April to May, the city experienced a -1.09% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $999.0.

When we take a look at the two-bedroom comparison from April to May, Memphis experienced a -1.03% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,152.0.

May Prices: Memphis vs. Surrounding Areas

Germantown, TN
Lakeland, TN
Collierville, TN
Cordova, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Marion, AR
$2,076
$1,956
$1,457
$1,421
$1,372
$1,312
$1,010
$812
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have decreased 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 4 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, Collierville, TN, Germantown, TN .

  • Rent decreased in Horn Lake, MS, Lakeland, TN, Marion, AR.

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

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

May 2025 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Memphis, TN
$4,098
$3,173
$2,343
$2,342
$1,887
$1,310
$1,243
$1,230
$1,010
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Memphis Rent Prices More Affordable Than Major Cities

Rent growth in Memphis over the past year has been declining. 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 $1,010.0 -1.37% $1,164.0 -1.36%
Cordova, TN $1,421.0 1.14% $1,580.0 0.96%
Southaven, MS $1,312.0 4.96% $1,341.0 8.94%
Collierville, TN $1,457.0 4.82% $1,641.0 0.55%
Horn Lake, MS $1,372.0 -0.15% $1,355.0 -3.63%
Germantown, TN $2,076.0 1.87% $2,467.0 0.20%
Lakeland, TN $1,956.0 -2.98% $2,163.0 -1.28%
Marion, AR $812.0 0.00% $950.0 -1.66%

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.

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