The average rent for an apartment in Memphis, TN is $1,072 per month.
1 Bedroom Apartments for Rent in Memphis, TN
Rental prices in Memphis, TN have increased by 0.88% over the past year. The average rent moved from $1,063 to $1,072.
The average rent for an apartment in Memphis, TN is $1,072, whereas the average monthly rent in the U.S. is $1,741.
The average rent for an apartment in Memphis, TN is $1,072 per month.
A share of 49% of apartments in Memphis, TN are in the ≤ $1000 price range. Around 1% of rentals in this city are in the range of $2,001-$2,500. Around 43% of Memphis’s apartments have monthly rents between $1,001-$1,500. There are 8% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Memphis, TN (49%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
There are 527 1 bedroom rentals available on RentCafe. Prices and availability in Memphis, TN were last updated on 25 Feb 2026.
The average Memphis, TN 1 bedroom apartment size is 712 sq. ft.
Renting a 1 bedroom apartment comes with more living and storage space compared to a studio apartment.
1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs.

Memphis is a city steeped in history, world-renowned music, and southern charm, making it an alluring place to live. Its diverse rental market offers everything from modern high-rise apartments in downtown to traditional homes in its historic districts. In Memphis, the Tennessee Uniform Residential Landlord and Tenant Act safeguards renters' rights, ensuring a fair renting environment.
From Beale Street's live music scene to the impressive Graceland and Memphis Zoo, there's no shortage of attractions for locals to enjoy. Residents also indulge in Memphis's rich culinary tradition, bustling shopping centers, and vibrant entertainment venues.
Renting one-bedroom apartments in Memphis is an appealing choice for many. They offer the perfect balance of space and affordability for a wide range of renters including students, young professionals, and individuals seeking a cozy yet comfortable living setup.
These rental apartments typically boast modern amenities such as fully-equipped kitchens, spacious living areas, and ample storage. Many apartment communities in Memphis also offer benefits like on-site gyms, community spaces, and special resident events.
One-bedroom apartments can be found in several vibrant Memphis neighborhoods, such as Downtown, Midtown, and East Memphis. These areas offer residents an array of local attractions, a diverse dining scene, shopping options, and varied entertainment.
If you're looking for one-bedroom apartments in Memphis, you can use RentCafe.com to find the ideal place for you. You can filter your search by location, amenities, price, and more. You can also view photos and floor plans and read reviews of different properties.