When were prices and availability in Memphis, TN last updated?

Prices and availability in Memphis, TN were last updated on 21 Feb 2026.

What are the best apartments in Memphis, TN?

The best apartments in Memphis, TN are: Waterford Place Apartments , The Meridian Apartments , Longview Gardens , The Trails at Mt. Moriah and The Preserve at Southwind .

What's the average rent in Memphis, TN?

The average rent in Memphis, TN is $1,073.

What is the price range for a studio apartment in Memphis, TN?

The price range for a studio apartment in Memphis, TN is between $725 and $3,881.

What is the price range for a 1-bedroom apartment in Memphis, TN?

The price range for a 1-bedroom apartment in Memphis, TN is between $645 and $5,090.

What is the price range for a 2-bedroom apartment in Memphis, TN?

The price range for a 2-bedroom apartment in Memphis, TN is between $622 and $7,148.

What is the price range for a 3-bedroom apartment in Memphis, TN?

The price range for a 3-bedroom apartment in Memphis, TN is between $725 and $7,394.

What type of rental buildings are in Memphis, TN?

In Memphis, 54% of the residents are renting compared to 46% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Memphis's rentals, 50% are small-scale complexes with under 50 units, and 39% are single-family rentals.

What do typical apartment communities look like in Memphis, TN?

The average age of rental buildings in Memphis is 39 years old, with 24% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 92% are garden-style apartment communities, 4% are mid-sized buildings, and 5% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Memphis, TN?

Rental apartments in Memphis come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 35% of the total apartments in the city, while 2-bedroom floorplans represent around 51% of all rentals in Memphis. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.