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Memphis
2,555
APARTMENTS
20
NEIGHBORHOODS
Rent Trends for Apartments in Memphis
August 2026
| Bedroom count | Memphis | vs Last Month |
|---|---|---|
| Studio | $1,153 |  down 4.63% |
| 1 Bedroom | $895 | No change |
| 2 Bedroom | $950 | down 4.52% |
| 3 Bedroom | $1,350 | down 1.82% |
| 4 Bedroom | $1,650 |  up 3.13% |
Median rent as of July 26, 2026
This August, we've analyzed our 2,555 listings in Memphis to determine the rent trend. We're updating our tables in real time to give you the most up to date Memphis median apartment rent prices by bedroom count.
The median rent for a studio apartment decreased by 1.71% to $1,153, while the median rent for a 1 bedroom apartment increased by 1.82% to $895.
Cities Near Memphis
Top Neighborhoods in Memphis
Find Your Dream Apartment for Rent in Memphis
PadMapper has 2,555 condos, houses, and apartments for rent in Memphis. Specifically, 31 studio apartments, 263 one-bedroom apartments, 398 two-bedroom apartments, 580 three-bedroom apartments are currently available for rent.
We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.
Rent
Length
Bedrooms
2,083 Results
$699–$1,095
1–3 Bedrooms Apartments · Memphis, TN
$946–$3,764
Studio–2 Bedrooms Apartments · Binghampton-Lester, Memphis
$659–$920
1–2 Bedrooms Apartments · Rhodes Hollywood Springdale Partnership, Memphis
$999–$1,050
1 Bedroom Apartments · University of Memphis, Memphis
$922–$1,698
2–3 Bedrooms Apartments · Memphis, TN
$1,100–$1,740
Studio–2 Bedrooms Apartments · Memphis, TN
$1,285–$3,450
Studio–3 Bedrooms Apartments · Memphis, TN
$1,297–$3,694
Studio–2 Bedrooms Apartments · Central Gardens, Memphis
$1,290–$6,468
Studio–2 Bedrooms Apartments · Memphis, TN
$1,500
4 Bedrooms · 2 Bathrooms Apartment · Frayser, Memphis
21 Hours Ago
$1,570
3 Bedrooms · 1 Bathroom Apartment · Memphis, TN
1 Day Ago
$800–$900
Studio–1 Bedroom Apartments · Memphis, TN
$1,025
1 Bedroom Apartment · Memphis, TN
$700–$825
1–2 Bedrooms Apartments · Memphis, TN
$2,195
4 Bedrooms · 2 Bathrooms Apartment · Wilson Manor, Memphis
3 Days Ago
$899–$950
2 Bedrooms Apartment · Memphis, TN
$999–$1,009
1 Bedroom Apartments · Memphis, TN
$1,200
1 Bedroom Apartment · Memphis, TN
$1,660
4 Bedrooms · 2 Bathrooms Apartment · North Memphis Concerned Citizens, Memphis
4 Days Ago
$1,250
2 Bedrooms Apartment · Memphis, TN