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1 Bedroom Apartments for Rent in Downtown Memphis, Memphis, TN

223 Rentals Available
1 Bedroom Apartments for Rent in Downtown Memphis, Memphis, TN. 223 Rentals Available
  • a living room with a kitchen and a couch and a table
    Today

    7 Vance Ave, Memphis, TN 38103
    1 BED $1,500+
  • a bouquet of roses on a counter in a kitchen
    Today

    80 Virginia Avenue, West, Memphis, TN 38106
    1 BED $1,507
  • a living room with couches and a bed in a room with a large window
    Today

    110 Barboro Alley, Memphis, TN 38103
    1 BED $1,254+
  • a large living room with couches and chairs and a rug
    Today

    67 Madison Ave., Memphis, TN 38103
    1 BED $1,653+
  • a living room with two couches and a coffee table
    Today

    266 South Front Street, Memphis, TN 38103
    1 BED $950+
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  • a living room with leather furniture and large windows
    Today

    One Dr. Martin Luther King Jr. Ave, Memphis, TN 38103
    1 BED $1,725+
  • a living room with two couches and a coffee table
    Today

    266 South Front Street, Memphis, TN 38103
    1 BED $1,150+
  • a living room with couches and chairs and a table
    Today

    70 S 4Th St., Memphis, TN 38103
    1 BED $1,021+
  • a large building on the corner of a city street
    Today

    50 Peabody Place, Memphis, TN 38103
    1 BED $1,290+
  • a living room with a couch and chairs and a table
    Today

    420 Monroe Avenue, Memphis, TN 38103
    1 BED $1,849+
  • a city street with cars and buildings and a mural on the side
    Today

    267 S. Main St., Memphis, TN 38103
    1 BED $1,100
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  • a living room with couches and a rug
    Today

    130 S Front Street, Memphis, TN 38103
    1 BED $1,210
  • a living room with two couches and a coffee table
    Today

    60 S Main Street, Memphis, TN 38103
    1 BED $999+
  • a view of the kitchen from the living room
    Today

    125 Gayoso Ave, Memphis, TN 38103
    1 BED $1,445+
  • a living room with a couch and a coffee table
    Today

    410 South Danny Thomas Blvd, Memphis, TN 38126
    Income Restricted
    1 BED $1,076
  • a living room with a door to a bathroom and a toilet
    Today

    1081 Court Ave, Memphis, TN 38104
    1 BED $907

  • More Rentals Near Downtown Memphis, Memphis, TN

  • a living room with couches and chairs and a tv
    Today

    252 North Lauderdale, Memphis, TN 38105
    1 BED $805
  • a living room with a fireplace and a table and chairs
    Today

    1045 East EH Crump Blvd, Memphis, TN 38104-8421
    Income Restricted
    1 BED $1,147+
  • a living room with a couch and a table
    Today

    1045 E.H. Crump Blvd, Memphis, TN 38104
    Income Restricted
    1 BED $1,147+
  • a kitchen with stainless steel appliances and wooden cabinets
    Today

    198 North Pauline Street, Memphis, TN 38105-4000
    Income Restricted
    1 BED $1,245
  • a kitchen with white appliances and black counter tops and wooden cabinets
    Today

    198 North Pauline Street, Memphis, TN 38105-4000
    Income Restricted
    1 BED $1,124+
  • a living room with a table and chairs and a fireplace
    Today

    600 S. Sommerville Street, Memphis, TN 38104-6211
    Income Restricted
    1 BED $1,009
  • a living room with a couch and a table
    Today

    300 Grand Island Dr, Memphis, TN 38103
    1 BED $1,588+
  • a living room with a couch and a coffee table and a bike
    Today

    205 Pasadena Place, Memphis, TN 38104
    1 BED $1,257+
  • a white brick building with a red door and a bench
    Today

    374 Mill Avenue, Memphis, TN 38107
    Income Restricted
    1 BED Ask for Pricing
16-9-nhood
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Downtown Memphis, Memphis, TN rent trends

Rental prices in Downtown Memphis, Memphis, TN have increased by 1.87% over the past year. The average rent moved from $1,287 to $1,311.

Check out the average rent in Memphis.

The national average price of rental apartments is $1,741, while the average monthly rent in Downtown Memphis, Memphis, TN is $1,311.

Average rent in Downtown Memphis, Memphis, TN

$1,311/mo Downtown Memphis, Memphis, TN average rental price, January 2026
Image Average Rent

The average monthly rent for an apartment in Downtown Memphis, Memphis, TN is around $1,311.

    What's the typical rent budget in Downtown Memphis, Memphis, TN?

    A share of 20% of apartments in Downtown Memphis, Memphis, TN have the cheapest rents between ≤ $1000. Around 3% of rentals are $2,001-$2,500. Around 59% of Downtown Memphis's apartments have monthly rents between $1,001-$1,500. There are 17% of apartments with rents between $1,501-$2,000.

    The largest share of rentals in Downtown Memphis, Memphis, TN (59%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Downtown Memphis, TN

    78 /100
    Very Walkable
    46 /100
    Some Transit
    81 /100
    Very Bikeable
    Walk Score®: 78, Transit Score®: 46, Bike Score®: 81

    Frequently asked questions

    What is the price of a 1 bedroom apartment in Downtown Memphis, Memphis, TN?

    How many 1 bedroom apartments for rent are available in Downtown Memphis, Memphis, TN on RentCafe?

    There are 32 1 bedroom rentals available on RentCafe. Prices and availability in Downtown Memphis, Memphis, TN were last updated on 26 Feb 2026.

    What is the average size of a 1 bedroom apartment in Downtown Memphis, Memphis, TN?

    The average Downtown Memphis, Memphis, TN 1 bedroom apartment size is 741 sq. ft.

    What are the advantages of renting a 1 bedroom apartment in Downtown Memphis, Memphis, TN?

    Renting a 1 bedroom apartment comes with more living and storage space compared to a studio apartment.

    What are the downsides of renting a 1 bedroom apartment in Downtown Memphis, Memphis, TN?

    1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs.

    Downtown Memphis, Memphis, TN demographics

    • 10,703Total Population
    • 4,976 Female
      5,727 Male
    • 33Median Age

    In total, Downtown Memphis, Memphis, TN has 10,703 residents, 4,976 women and 5,727 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Memphis’s population is 33.

    Downtown Memphis, Memphis, TN households

    • 1,888 Family
      3,954 Non-family
    • 934 Children
      4,908 No Children
    • 5,842Total Number of Households
    • 1.17Average People Per Household
    • $30,825Median Household Income

    There is a total of 5,842 households in Downtown Memphis, Memphis, TN. Of these, 934 have children and 4,908 are without children. Per Census Bureau’s most current estimates, 1,888 family households and 3,954 non-family households live in this area. The size of a household in Downtown Memphis is 1.17 people, on average. The median household annual income in Downtown Memphis equals $30,825, and the monthly housing costs equal $918.

    Downtown Memphis, Memphis, TN education statistics

    According to data from the U.S. Census Bureau, 1% of the population in Downtown Memphis, Memphis, TN have no high school education, 31% went to high-school, and 18% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 26% hold a Bachelor Degree, and 20% hold a Graduate Degree.