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  1. Price Drop. $538 Off
    |
    STUDIO
    $1,390+
    1 BED
    $1,272+
    2 BEDS
    $1,645+
    3 BEDS
    $2,082+

    Highland Row

    395 S Highland St, Memphis, TN 38111
    (901) 350-7932
Showing 42 of 750 results, Page 1 of 18

Living & Renting in Memphis

Memphis at a Glance

Average Rent

$1,027
(All bedrooms and property types)
Learn more about
Average Rent in Memphis
7

School Rating

out of 10 Rating
Learn more about
Schools in Memphis
29

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Memphis
50

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Memphis

Memphis, TN Apartments for Rent

Memphis offers an appealing combination of musical history and modern living, all at prices that won't break the bank. With one-bedroom apartments averaging around $1,028, you'll find plenty of room in your budget to explore everything from Graceland to the legendary studios where rock and roll was born.

Searching for apartments for rent in Memphis means choosing from neighborhoods as diverse as the city's musical roots. Midtown puts you near the green spaces of Overton Park and the Memphis Zoo, while Cooper-Young brings you right into the heart of the local dining and nightlife scene. Getting around is a breeze with well-connected highways, and you're always just a short drive from Downtown's can't-miss spots like Beale Street and the National Civil Rights Museum.

Memphis delivers solid career opportunities too, with major employers like FedEx and St. Jude Children's Research Hospital calling the city home. Add in the University of Memphis campus, and you've got apartment communities throughout the city that put you close to work, school, and those famous Memphis barbecue joints and music venues that keep the city's cultural spirit alive every night of the week.

Why Memphis?

  • Of course, visiting Graceland–home of Elvis Presley–and enjoying the tours, on-site restaurants, and gift shops.
  • Strolling down famous Beale Street, the birthplace of rock n’ roll, home to clubs, cafes, art galleries, and more.
  • The 70-acre Memphis Zoo is home to 2,800 animals, a petting farm, and even a seasonal ice rink.
  • Memphis is surrounded by natural beauty, including the Wolf River, home to lush wetlands and pristine forests.
  • Cruising the Mississippi on an old-fashioned river boat or skimming the water’s surface during an exhilarating airboat ride.
  • Exploring history at the Davis Manor Plantation, the Cotton Museum, and Casey Jones Village.

Renting in Memphis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Memphis

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Getting Around Memphis

Transportation

50

Somewhat Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
50

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
29

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Score

Education

GreatSchools Rating

Public High School

Public
Grades 9-12
568 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
311 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,840 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
79 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,587 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
364 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
1,099 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
1,000 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Frequently asked questions about renting in Memphis, TN

What are the average rent costs in Memphis, TN?

The average rent in Memphis, TN is $1,027.

What are the average rent costs of a studio apartment in Memphis, TN?

The average rent for a studio apartment in Memphis, TN is $953.

What are the average rent costs of a one bedroom apartment in Memphis, TN?

The average rent for a 1 bedroom apartment in Memphis, TN is $1,027.

What are the average rent costs of a two bedroom apartment in Memphis, TN?

The average rent for a 2 bedroom apartment in Memphis, TN is $1,067.

What are the average rent costs of a three bedroom apartment in Memphis, TN?

The average rent for a 3 bedroom apartment in Memphis, TN is $1,278.

What are the average rent costs of a four bedroom apartment in Memphis, TN?

The average rent for a 4 bedroom apartment in Memphis, TN is $1,222.

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