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Memphis Apartments

Apartments for Rent in Memphis, TN

1,394 rentals available
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Average rent in Memphis, Tennessee

The average rent for a 1 bedroom apartment in Memphis is $1,174, while the average rent for a 2 bedroom apartment is $1,194. Rent rates updated 6 days ago
Studio
$1,172
1 Bed
$1,174
2 Beds
$1,194
3+ Beds
$1,496
* Averages are based on the rental prices of properties listed on Apartment List

Top neighborhoods in Memphis

Hickory Hill

Hickory Hill

What it’s like to live in Hickory Hill

Value-conscious renters gravitate to Hickory Hill, where this southeast Memphis neighborhood offers more living space than urban districts. Apartments and rental homes typically feature generous floor plans and parking – features increasingly rare in trendier areas. The neighborhood provides excellent access to both I-385 and Winchester Road shopping, creating convenience for households who prioritize practicality over walkability.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial
Parkway Village

Parkway Village

What it’s like to live in Parkway Village

Parkway Village features mid-century homes with family-friendly amenities in southeastern Memphis. Rental properties typically include larger yards and more space than similarly priced options in central or northern districts. The neighborhood provides excellent access to both Memphis International Airport employment and shopping along Winchester Road, making it particularly popular with aviation professionals and airport employees seeking convenient commutes.
Great for
Affluent Families
Luxury Renters
Professionals
Retirees
Neighborhood vibe
Suburban
Green Spaces
Family-Friendly
Gray's Creek

Gray's Creek

What it’s like to live in Gray's Creek

Newer suburban developments define Gray's Creek in eastern Memphis, where larger floor plans and yard space come standard. The neighborhood features excellent school access and quiet residential streets away from urban challenges. Though requiring vehicle ownership, the substantial space upgrade compared to midtown or downtown options justifies the trade-off for many families.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial

Finding and Renting an Apartment in Memphis, Tennessee

Memphis is a soulful, historic city known as the “Birthplace of Rock n’ Roll.” It’s one of the best places to live in Tennessee, offering residents an enticing culture. From rich Southern cuisine to lively blues clubs, it’s clear why this vibrant city appeals to so many.

If you’re ready to call Memphis home, there are plenty of incredible areas to explore. Cordova is a front-runner for families wanting a more suburban feel. It offers a quieter, community-focused environment with easy access to city amenities. For outdoor enthusiasts, Overton Park and the Greenline have extensive green spaces and trails, perfect for weekend picnics and leisurely bike rides. And the iconic Beale Street is a hub for nightlife and dining, surrounded by apartments that attract young professionals and creatives alike.

With so many incredible neighborhoods to choose from, you’ll need a better strategy than simply typing “apartments for rent near me” into Google to find an apartment in Memphis. Whether you’re searching in the bustling downtown area or family-friendly Cordova, Apartment List can simplify your search. Our mobile-friendly app tailors search results to fit your needs.

Download our app from Google Play or the App Store, take our Renter Quiz, and explore a curated list of Memphis apartments that perfectly match your preferences. From luxury two-bedroom penthouses to affordable, pet-friendly options, your perfect home is just a few clicks away.

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