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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
  • kitchen upgrade at The Local, Memphis, 38115 Elegant Dining Space at The Local Memphis, Tennessee
    Today

    3251 Knight Trails Circle, Memphis, TN 38115
    20 Units available
    1 BED $750+
    2 BEDS $1,254+
    kitchen upgrade at The Local, Memphis, 38115 Elegant Dining Space at The Local Memphis, Tennessee Top view Swimming pool at The Local Memphis, TN Front main sign The Local Memphis, Tennessee
    Amenities
    • Air Conditioner
    • Washer/Dryer
    • Dishwasher
    • Pool
  • a kitchen with granite countertops and black appliances our apartments offer a swimming pool
    Today

    6355 Briar Patch Lane, Memphis, TN 38115
    16 Units available
    1 BED $927+
    2 BEDS $1,139+
    a kitchen with granite countertops and black appliances our apartments offer a swimming pool Exterior view of Building The Nova, Memphis, TN Exterior view of buildings at The Nova, Memphis, Tennessee
    Overview

    The alluring charm of southern living is yours at The Nova Apartments! Our community is immersed in a park-like setting in Memphis, Tennessee, next to a fantastic selection of retail, dining, and entertainment venues. Places like Top Golf, Wolfchase Mall and the Memphis Coliseum are within 5-10 minutes and our proximity to Interstate 240 means you're only a short drive away from downtown. Choose from a selection of one and two-bedroom homes and get ready to live your happiest life. Our apartments in Memphis, TN, come with practical interior features and amenity spaces where you can relax and recharge for the next day. Starting with our all-electric kitchen appliances and continuing with the vinyl wood flooring, walk-in closets, and wood-burning fireplaces*, staying inside is not only comfortable—it’s convenient. When you need to unwind, you can go for a swim in our pool or you can take a walk around the premises, enjoying the landscape. We also offer you an on-site fitness center, a picnic area with barbecue grills, and a clubhouse where you can gather with friends and neighbors. Contact our leasing team today and discover every reason why these apartments for rent in Memphis, TN, are the home sweet home you’ve been looking for!

    Amenities
    • Air Conditioner
    • Washer/Dryer
    • Pool
    • Patio/Balcony
  • 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 filled with furniture and a rug
    Today

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

    6355 Briar Patch Lane, Memphis, TN 38115
    1 BED $927+
    2 BEDS $1,139+
  • 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+
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  • 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+
  • 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 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+
  • Interactive banner bedroom
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  • 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+
  • 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
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Memphis, TN rent trends

Rental prices in Memphis, TN have increased by 0.39% over the past year. The average rent moved from $1,131 to $1,135.

Check out the average rent prices in Memphis by neighborhood.

The average rent in the U.S. is $1,740 per month. The average rent in Memphis, TN is $1,135 per month.

Average rent in Memphis, TN

$1,135/mo Memphis, TN average rental price, February 2026
Image Average Rent

Apartment rentals in Memphis, TN have an average monthly rent of $1,135.

    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 40% 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 12 Apr 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

    If renting a life of luxury in Memphis, TN is what you’re after, we have great news: you have 1,509 upscale apartments are to choose from in 161 exquisite buildings. Whether you’re single, a couple, or a family, these Class A rental communities offer high-end apartments of all sizes, from luxury studio apartments, large apartments and luxury townhomes catering to the most discerning tastes. We’ll help you find only the best apartments in Memphis, TN located in some of the most sought-after locations, from the heart of downtown, to trendy new neighborhoods or prestigious historical ones, listed for up to $8,142, so you can browse only Memphis, TN’s crème de la crème in rentals. Sort the results by price, number of bedrooms, or property name. You may also filter by property type, beds, baths, and pick your must-have community amenities. Into sustainable living? Many new apartment communities also offer eco-friendly amenities, such as bike racks, electric car charging stations and organic roof-top gardens. Green apartment buildings are the future of rentals and are becoming more common among high-end apartment properties.

    High rise apartments come with extra perks

    High rise apartments offer great views and much more. Browse our luxury apartment listings and see all the amenities you have access to when you live in an upscale high rise apartment complex. Some of the most popular are roof-top heated pools, concierge services, 24-hour state-of-the-art fitness centers, gourmet outdoor kitchens, entertainment and media rooms, and on-site spa services. Properties also wow their residents with modern, furnished, professionally-designed apartment homes that boast top-quality finishes, like designer lighting, floor-to-ceiling windows, top-quality appliances, all carefully chosen to enhance your apartment living experience and to provide the elegance and comfort you expect. The best part is that you don’t have to spend a fortune to experience luxury living. Cheap luxury apartments are also available and they offer access to all the amenities of a high-end apartment community, with monthly rents starting at $750.

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