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Memphis
2,569
APARTMENTS
20
NEIGHBORHOODS
Rent Trends for Apartments in Memphis
May 2026
| Bedroom count | Memphis | vs Last Month |
|---|---|---|
| Studio | $1,192 |  down 0.25% |
| 1 Bedroom | $900 | down 2.70% |
| 2 Bedroom | $975 | down 2.50% |
| 3 Bedroom | $1,350 |  up 3.85% |
| 4 Bedroom | $1,650 | up 3.13% |
Median rent as of April 26, 2026
This May, we've analyzed our 2,569 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 0.17% to $1,192, while the median rent for a 1 bedroom apartment remained the same at $900.
Cities Near Memphis
Top Neighborhoods in Memphis
Find Your Dream Apartment for Rent in Memphis
PadMapper has 2,569 condos, houses, and apartments for rent in Memphis. Specifically, 46 studio apartments, 282 one-bedroom apartments, 422 two-bedroom apartments, 550 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.
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2,049 Results
$1,139–$3,641
Studio–2 Bedrooms Apartments · Binghampton-Lester, Memphis
$699–$1,095
1–3 Bedrooms Apartments · Memphis, TN
$659–$920
1–2 Bedrooms Apartments · Rhodes Hollywood Springdale Partnership, Memphis
$999–$1,050
1 Bedroom Apartments · University of Memphis, Memphis
$935–$1,336
2–3 Bedrooms Apartments · Memphis, TN
$1,124–$6,119
Studio–2 Bedrooms Apartments · New Pathways, Memphis
$1,100–$2,140
Studio–2 Bedrooms Apartments · Memphis, TN
$1,400–$3,510
Studio–3 Bedrooms Apartments · Memphis, TN
$1,144–$6,223
Studio–2 Bedrooms Apartments · Memphis, TN
$1,278–$4,031
Studio–2 Bedrooms Apartments · Central Gardens, Memphis
$999–$1,050
1 Bedroom Apartments · Memphis, TN
$625–$900
1–4 Bedrooms Apartments · Douglas-Bungalow-Crump, Memphis
$1,090
1 Bedroom Apartment · Memphis, TN
$750–$850
Studio–1 Bedroom Apartments · Evergreen Historic District, Memphis
$775–$795
1–2 Bedrooms Apartments · Memphis, TN
$800–$900
Studio–1 Bedroom Apartments · Memphis, TN
$1,250
2 Bedrooms Apartment · Memphis, TN
$1,200
1 Bedroom Apartment · Central Gardens, Memphis
$700
1 Bedroom Apartment · Normal Station, Memphis
$995–$1,250
1–2 Bedrooms Apartments · Victorian Village, Memphis