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Luxury Apartments for Rent in Memphis, TN

1,509 Rentals Available
Luxury Apartments for Rent in Memphis, TN. 1,509 Rentals Available
  • a living room with a couch and chairs and a table
    Today

    420 Monroe Avenue, Memphis, TN 38103
    STUDIO $1,208+
    1 BED $1,849+
    2 BEDS $2,275+
  • a living room with couches and chairs and a ceiling fan
    Today

    7991 Capilano Dr, Memphis, TN 38125
    1 BED $1,000+
    2 BEDS $1,370+
    3 BEDS $1,750+
  • a living room with leather furniture and large windows
    Today

    One Dr. Martin Luther King Jr. Ave, Memphis, TN 38103
    STUDIO $1,240
    1 BED $1,725+
    2 BEDS $2,750+
  • a large living room with couches and chairs and a rug
    Today

    67 Madison Ave., Memphis, TN 38103
    STUDIO $1,312+
    1 BED $1,653+
    2 BEDS $2,263+
  • a living room with couches and chairs and a table
    Today

    1505 Dexter Lake Drive, Cordova, TN 38016
    1 BED $1,303+
    2 BEDS $1,543+
    3 BEDS $1,833+
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  • a living room with furniture and a fireplace
    Today

    1298 Mt Hope Dr, Memphis, TN 38103
    1 BED $1,575+
    2 BEDS $2,000+
    3 BEDS $2,123+
  • a living room and kitchen with a couch and a rug
    Today

    7819 Crescent Ridge Ln, Memphis, TN 38133
    1 BED $1,290+
    2 BEDS $1,345+
    3 BEDS $1,840+
  • a living room with a kitchen and a couch and a table
    Today

    7 Vance Ave, Memphis, TN 38103
    STUDIO $1,420+
    1 BED $1,500+
    2 BEDS $2,615+
  • Modular Kitchen at Waterford Place Apartments, Memphis, TN, 38125
    Today

    8037 Waterford Circle, Memphis, TN 38125
    1 BED $1,300+
    2 BEDS $1,550+
    3 BEDS $1,740+
  • a living room and dining room with a table and chairs
    Today

    8345 Championship Drive, Memphis, TN 38125
    1 BED $833+
    2 BEDS $1,238+
    3 BEDS Ask for Pricing
  • a living room with a couch and a coffee table and a bike
    Today

    205 Pasadena Place, Memphis, TN 38104
    1 BED $1,257+
    2 BEDS $1,819+
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  • a living room with couches and chairs and a fireplace
    Today

    960 Catbird Court, Memphis, TN 38119
    1 BED Ask for Pricing
    2 BEDS $1,693+
    3 BEDS Ask for Pricing
  • a living room filled with furniture and a rug
    Today

    3251 Knight Trails Circle, Memphis, TN 38115
    1 BED $750+
    2 BEDS $1,254+
  • a living room with a couch and a coffee table and a fireplace
    Today

    671 Harbor Town Edge Drive, Memphis, TN 38103
    1 BED $1,513+
    2 BEDS $1,453+
    3 BEDS $2,271+
  • a living room with a couch and a table
    Today

    300 Grand Island Dr, Memphis, TN 38103
    1 BED $1,588+
    2 BEDS $1,976+
    3 BEDS $2,381+
  • 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+
    1 BED $1,939+
    2 BEDS $2,178+
  • a living room with a orange couch and chairs and a large window
    Today

    2540 Broad Ave, Memphis, TN 38112
    STUDIO $1,134
    1 BED $1,278+
    2 BEDS $1,981+
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  • a living room with couches and chairs and a table
    Today

    70 S 4Th St., Memphis, TN 38103
    STUDIO $974+
    1 BED $1,021+
    2 BEDS $1,535+
  • a living room with a blue couch and a glass table
    Today

    3750 Moraine St, Memphis, TN 38125
    STUDIO $1,321+
    1 BED $1,538+
    2 BEDS $1,766+
  • a living room and kitchen with a couch and a table
    Today

    444 Island Drive, Memphis, TN 38103
    1 BED $1,720+
    2 BEDS $1,929+
    3 BEDS Ask for Pricing
  • a kitchen with black appliances and white cabinets
    Today

    7965 Humphreys Hill Dr, Cordova, TN 38016
    1 BED $1,306+
    2 BEDS $1,294+
  • a living room with couches and chairs and a fireplace
    Today

    1445 River Estates Dr, Memphis, TN 38103
    1 BED Ask for Pricing
    2 BEDS $1,900+
    3 BEDS Ask for Pricing
  • a living room with a tv and a table and chairs
    Today

    2870 Gosling Circle West, Cordova, TN 38016
    1 BED $1,133+
    2 BEDS $1,633+
    3 BEDS $2,114+
  • an open living room and kitchen with a door to a balcony
    Today

    6653 North Quail Hollow, Memphis, TN 38120
    1 BED $1,063+
    2 BEDS $1,193+
  • a living room with couches and a bed in a room with a large window
    Today

    110 Barboro Alley, Memphis, TN 38103
    STUDIO $969+
    1 BED $1,254+
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Memphis, TN rent trends

Rental prices in Memphis, TN have increased by 0.58% over the past year. The average rent moved from $1,128 to $1,134.

Check out the average rent prices in Memphis by neighborhood.

The average rent in the U.S. is $1,741 per month. The average rent in Memphis, TN is $1,134 per month.

Average rent in Memphis, TN

$1,134/mo Memphis, TN average rental price, January 2026
Image Average Rent

Apartment rentals in Memphis, TN have an average monthly rent of $1,134.

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

    12% of apartments in Memphis, TN cost between $1,501-$2,000. Rentals priced between $2,001-$2,500 represent 2% of apartments. Approximately 41% of Memphis’s apartments are in the $1,001-$1,500 price range. 45% of rental apartments are priced in the ≤ $1000 range.

    The largest share of rentals in Memphis, TN (45%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Memphis, TN

    54 /100
    Somewhat Walkable
    34 /100
    Some Transit
    43 /100
    Somewhat Bikeable
    Walk Score®: 54, Transit Score®: 34, Bike Score®: 43

    Frequently asked questions

    What is the price of a luxury apartment in Memphis, TN?

    The price range for a luxury apartment in Memphis, TN is between $645 and $7,394.

    How many luxury rentals are available in Memphis, TN on RentCafe?

    There are 1356 luxury rentals available on RentCafe. Prices and availability in Memphis, TN were last updated on 24 Feb 2026.

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

    The average Memphis, TN luxury apartment size is 1,224 sq. ft.

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

    Renting a luxury apartment in Memphis, TN comes with many amenities, more space and central locations.

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

    Luxury apartments tend to be more expensive and have higher utility bills.

    Look for luxury apartments near me

    Looking for a top of the line, luxury apartment near you to move in to? Are you interested in having all new appliances, on site amenities, a gym, a pool, and private parking? Take a look at our high-end listings and search for the apartment that provides all that you need to feel at home using filters for top community and apartment amenities. On RentCafe you can find the luxury apartment you are looking for whether it's near you, in a specific neighborhood or ZIP code, or in the best area in town.

    RentCafe can help you find the best luxury apartment for you by allowing you to compare location, size and price. May it be near where you live now or anywhere in the U.S. that you want to move to, let's help you choose the perfect apartment.

    Renting a luxury apartment in Memphis, TN

    Comfort is an essential element to your happiness, which is why we selected the best apartments in Memphis, TN, uniquely designed to satisfy your need for luxury. Finely detailed craftsmanship, meticulously chosen color contrasts and high-level amenities complement modern apartments. The community living spaces have indoor pools, ultra-modern spas and wine rooms, a cut above anything you’ve seen before. Upscale apartments can be a real showstopper and you can find yours in one of the 161 outstanding buildings in Memphis, TN. Right now, there are as many as 1,509 luxury apartments to choose from in Memphis, TN that pride in being the best of the best. And, as they say -- beauty comes in all shapes and sizes -- you can find luxury studio apartments, large apartments and even luxury townhomes available, depending on your needs. Make sure you do not miss the chance to level up your lifestyle with one of these stunners!

    Affordable high rise apartments

    If you are looking for a luxurious home in Memphis, TN but you’re held back by a limited budget, there is no reason to despair. Marvelously furnished apartments are available for you right now at great prices. Do you dream of a custom-designed rental that exudes glamour and character, but you are afraid you won’t afford rent in a high-end apartment complex? Sleek finishes, roof-top pools and monumental granite fireplaces sound expensive and all, but luxury living is not unattainable. Do you dream of drinking your morning coffee in a top-quality chef’s kitchen, but are frustrated with overpriced rent? Look no further! Cheap luxury apartments are actually a thing these days, so you can find luxury apartments in Memphis, TN with monthly rents starting as low as $750. Sort your search results by “Rent” ascending to see the lowest-priced listings first.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!