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Memphis
2,567
APARTMENTS
20
NEIGHBORHOODS
Rent Trends for Apartments in Memphis
August 2026
| Bedroom count | Memphis | vs Last Month |
|---|---|---|
| Studio | $1,125 |  down 7.02% |
| 1 Bedroom | $895 | No change |
| 2 Bedroom | $950 | down 2.56% |
| 3 Bedroom | $1,350 | down 1.82% |
| 4 Bedroom | $1,650 |  up 0.92% |
Median rent as of August 9, 2026
This August, we've analyzed our 2,567 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 2.34% to $1,125, while the median rent for a 1 bedroom apartment increased by 2.29% to $895.
Cities Near Memphis
Top Neighborhoods in Memphis
Find Your Dream Apartment for Rent in Memphis
PadMapper has 2,567 condos, houses, and apartments for rent in Memphis. Specifically, 32 studio apartments, 279 one-bedroom apartments, 405 two-bedroom apartments, 589 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
2,104 Results
$930–$3,601
Studio–2 Bedrooms Apartments · Binghampton-Lester, Memphis
$659–$920
1–2 Bedrooms Apartments · Rhodes Hollywood Springdale Partnership, Memphis
$699–$1,095
1–3 Bedrooms Apartments · Memphis, TN
$999–$1,050
1 Bedroom Apartments · University of Memphis, Memphis
$922–$1,631
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
$1,127–$3,778
Studio–2 Bedrooms Apartments · Central Gardens, Memphis
$1,375–$6,389
Studio–2 Bedrooms Apartments · Memphis, TN
$1,500
4 Bedrooms · 2 Bathrooms Apartment · Binghampton-Lester, Memphis
3 Hours Ago
$1,500
3 Bedrooms · 1 Bathroom Apartment · Alta Vista, Memphis
3 Hours Ago
$800–$900
Studio–1 Bedroom Apartments · Memphis, TN
$1,100
3 Bedrooms · 1 Bathroom Apartment · Memphis, TN
15 Hours Ago
$1,025
1 Bedroom Apartment · Memphis, TN
$1,650
4 Bedrooms · 2 Bathrooms Apartment · Memphis, TN
18 Hours Ago
$1,770
5 Bedrooms · 2 Bathrooms Apartment · Washington Heights, Memphis
19 Hours Ago
$1,570
3 Bedrooms · 1 Bathroom Apartment · Memphis, TN
19 Hours Ago
$1,965
2 Bedrooms Apartment · Central Gardens, Memphis
$800–$900
1 Bedroom Apartments · Memphis, TN
$700–$825
1–2 Bedrooms Apartments · Memphis, TN