Apartments Near University of Memphis

1 - 30 of 535 Results
5
$725
Memphis, TN
1 BR | Available Now
0.3 miles from center of campus
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Disability Access
2
$850 - 975
592-600 Patterson St Memphis, TN
1 - 2 BR | Available Now
0.3 miles from center of campus
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
12
$995
611 Patterson Memphis, TN
2 BR | Aug. 12, 2024
0.4 miles from center of campus
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Dog Friendly
Cat Friendly
House
Air Conditioning
Surface Parking
12
$1,100
Memphis, TN
2 BR | Available Now
0.4 miles from center of campus
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Air Conditioning
Storage
Disability Access
Dishwasher
1
$900
3636-3646 Spottswood Ave Memphis, TN
2 BR | Available Now
0.4 miles from center of campus
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
8
$650
Memphis, TN
1 BR | Available Now
0.4 miles from center of campus
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Dishwasher
$1,940
3880 Spottswood Ave Memphis, TN
4 BR | Aug. 16, 2024
0.4 miles from center of campus
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Dog Friendly
Cat Friendly
House
20
$1,500
Memphis, TN
4 BR | Jun. 1, 2024
0.4 miles from center of campus
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House
Dishwasher
12
$1,350
Memphis, TN
3 BR | Available Now
0.4 miles from center of campus
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Dog Friendly
Cat Friendly
House
Disability Access
13
$559 - 1,139
PER ROOM
& UNIT
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
2
$900
Memphis, TN
1 BR | May. 30, 2024
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
7
$750
3602 Spottswood Memphis, TN
2 BR | Available Now
0.5 miles from center of campus
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In Unit Laundry
Balcony/Deck/Patio
Dishwasher
3
$699
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
15
$895 - 900
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
0
$795 - 1,195
Memphis, TN
1 - 2 BR | Ask for Availability
0.5 miles from center of campus
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$1,350
3594 Kearney Ave Memphis, TN
3 BR | Jun. 13, 2024
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
House
Dishwasher
8
$950
3558 Kearney Ave Memphis, TN
2 BR | Available Now
0.6 miles from center of campus
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House
0
$1,295
Memphis, TN
2 BR | Ask for Availability
0.6 miles from center of campus
Contact
8
$850
Memphis, TN
1 BR | Available Now
0.6 miles from center of campus
Contact
Air Conditioning
8
$1,950
Memphis, TN
3 BR | Available Now
0.6 miles from center of campus
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Air Conditioning
6
$850
Memphis, TN
1 BR | Available Now
0.6 miles from center of campus
Contact
Air Conditioning
7
$1,750
Memphis, TN
2 BR | Available Now
0.6 miles from center of campus
Contact
Dishwasher
10
$1,095
655 Watson St Memphis, TN
2 BR | Jun. 10, 2024
0.6 miles from center of campus
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Disability Access
17
$1,145
Memphis, TN
2 BR | Available Now
0.7 miles from center of campus
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Dog Friendly
Cat Friendly
House
Storage
Disability Access
21
$1,350 - 1,800
197 Windover Road #9 Memphis, TN
1 - 3 BR | Available Now
0.7 miles from center of campus
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Dog Friendly
Cat Friendly
Townhome
Air Conditioning
In Unit Laundry
22
$1,375
3624 Marion Ave Memphis, TN
3 BR | Available Now
0.7 miles from center of campus
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
$775
Memphis, TN
1 BR | Available Now
0.7 miles from center of campus
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House
28
$1,300
Memphis, TN
2 BR | Jun. 24, 2024
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
11
$1,100
Spottswood Manor Dr Memphis, TN
2 BR | Available Now
0.8 miles from center of campus
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16
$1,095
766 Watson St Memphis, TN
3 BR | Available Now
0.8 miles from center of campus
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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 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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
Mar. 2023
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
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 -0.62% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $959.0.

When we take a look at the two-bedroom comparison from April to May, Memphis experienced a -0.09% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,074.0.

May Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Millington, TN
$1,544
$1,476
$1,439
$1,314
$1,260
$953
$500
$0
$550
$1,100
$1,650
$2,200
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 2 of the Memphis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Horn Lake, MS, Collierville, TN .

  • Rent decreased in Cordova, TN, Southaven, MS, Germantown, TN, Millington, TN.

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

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

May 2024 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
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$953
$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 $953.0 -0.52% $1,068.0 -0.19%
Cordova, TN $1,476.0 -0.14% $1,624.0 -0.61%
Southaven, MS $1,260.0 -0.79% $1,457.0 1.39%
Horn Lake, MS $1,314.0 0.84% $1,428.0 -0.49%
Collierville, TN $1,439.0 3.01% $1,632.0 0.00%
Germantown, TN $1,544.0 -0.07% $1,845.0 0.55%
Millington, TN $500.0 0.00% $1,500.0 42.45%

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.