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Studio Apartments for Rent in Downtown Memphis, Memphis, TN

82 Rentals Available
Studio Apartments for Rent in Downtown Memphis, Memphis, TN. 82 Rentals Available
  • a living room with a kitchen and a couch and a table
    Today

    7 Vance Ave, Memphis, TN 38103
    STUDIO $1,420+
  • a bouquet of roses on a counter in a kitchen
    Today

    80 Virginia Avenue, West, Memphis, TN 38106
    STUDIO $952
  • a living room with couches and a bed in a room with a large window
    Today

    110 Barboro Alley, Memphis, TN 38103
    STUDIO $969+
  • a large living room with couches and chairs and a rug
    Today

    67 Madison Ave., Memphis, TN 38103
    STUDIO $1,312+
  • a living room with two couches and a coffee table
    Today

    266 South Front Street, Memphis, TN 38103
    STUDIO Ask for Pricing
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  • a living room with leather furniture and large windows
    Today

    One Dr. Martin Luther King Jr. Ave, Memphis, TN 38103
    STUDIO $1,240
  • a living room with couches and chairs and a table
    Today

    70 S 4Th St., Memphis, TN 38103
    STUDIO $974+
  • a large building on the corner of a city street
    Today

    50 Peabody Place, Memphis, TN 38103
    STUDIO Ask for Pricing
  • a living room with a couch and chairs and a table
    Today

    420 Monroe Avenue, Memphis, TN 38103
    STUDIO $1,208+
  • a city street with cars and buildings and a mural on the side
    Today

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

    130 S Front Street, Memphis, TN 38103
    STUDIO Ask for Pricing
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  • a living room with two couches and a coffee table
    Today

    60 S Main Street, Memphis, TN 38103
    STUDIO Ask for Pricing
  • a view of the kitchen from the living room
    Today

    125 Gayoso Ave, Memphis, TN 38103
    STUDIO $1,175+

  • More Rentals Near Downtown Memphis, Memphis, TN

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

    252 North Lauderdale, Memphis, TN 38105
    STUDIO $720
  • a living room with white walls and a large flat screen tv on the wall
    Today

    1391 Court Avenue, Memphis, TN 38104
    STUDIO $936+
  • a living room with a column in the middle and a dining room table and couch
    Today

    1350 Concourse Avenue, Suite 750, Memphis, TN 38104
    STUDIO $1,524+
  • a living room with a couch and tv and a coffee table
    Today

    45 South Idlewild Street, Memphis, TN 38104
    STUDIO $1,030
  • a living room with blue furniture and a checkered floor
    Today

    1835 Union Ave, Memphis, TN 38104
    STUDIO $1,524
  • a large apartment building with trees in front of it
    Today

    139 N Barksdale Street, Memphis, TN 38104
    STUDIO $825
  • a living room with a door open to a hallway with windows
    Today

    414 N. Claybrook #1, Memphis, TN 38104
    STUDIO Ask for Pricing
  • a living room with a orange couch and chairs and a large window
    Today

    2540 Broad Ave, Memphis, TN 38112
    STUDIO $1,134
  • a living room filled with furniture and a flat screen tv
    Today

    3427 Southern Avenue, Memphis, TN 38111
    STUDIO Ask for Pricing
  • the exterior of a restaurant with a sign for subway and a parking lot
    Today

    450 Stateline Rd W, Southaven, MS 38671
    STUDIO $1,600+
  • a house shape with the cedar mill logo in the middle
    Today

    3505 S. Mendenhall Rd, Memphis, TN 38115
    STUDIO Ask for Pricing
  • a living room with a couch and a coffee table
    Today

    599 Velo Drive, Cordova, TN 38018
    STUDIO Ask for Pricing
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Downtown Memphis, Memphis, TN rent trends

Rental prices in Downtown Memphis, Memphis, TN have increased by 1.75% over the past year. The average rent moved from $1,112 to $1,132.

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 $1,132.

Average rent in Downtown Memphis, Memphis, TN

$1,132/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 $1,132.

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

    A share of 26% of apartments in Downtown Memphis, Memphis, TN have the cheapest rents between ≤ $1000. Around 74% of Downtown Memphis's apartments have monthly rents between $1,001-$1,500.

    The largest share of rentals in Downtown Memphis, Memphis, TN (74%) 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 studio apartment in Downtown Memphis, Memphis, TN?

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

    There are 23 studio rentals available on RentCafe. Prices and availability in Downtown Memphis, Memphis, TN were last updated on 25 Feb 2026.

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

    The average Downtown Memphis, Memphis, TN studio apartment size is 569 sq. ft.

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

    Studio apartments in Downtown Memphis, Memphis, TN tend to be more affordable than other apartments and they have lower utility costs.

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

    One of the downsides of living in a studio apartment is the limited storage space.

    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.