Get to know
Memphis
2,565
APARTMENTS
20
NEIGHBORHOODS
Rent Trends for Apartments in Memphis
August 2026
| Bedroom count | Memphis | vs Last Month |
|---|---|---|
| Studio | $1,152 |  down 4.00% |
| 1 Bedroom | $875 | down 2.23% |
| 2 Bedroom | $950 | down 2.56% |
| 3 Bedroom | $1,350 | down 1.82% |
| 4 Bedroom | $1,650 |  up 2.48% |
Median rent as of August 2, 2026
This August, we've analyzed our 2,565 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 0.09% to $1,152, while the median rent for a 1 bedroom apartment decreased by 2.23% to $875.
Cities Near Memphis
Top Neighborhoods in Memphis
Find Your Dream Apartment for Rent in Memphis
PadMapper has 2,565 condos, houses, and apartments for rent in Memphis. Specifically, 32 studio apartments, 271 one-bedroom apartments, 405 two-bedroom apartments, 593 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
1,912 Results
$659–$920
1–2 Bedrooms Apartments · Rhodes Hollywood Springdale Partnership, Memphis
$948–$3,752
Studio–2 Bedrooms Apartments · Binghampton-Lester, Memphis
$699–$1,095
1–3 Bedrooms Apartments · Memphis, TN
$999–$1,050
1 Bedroom Apartments · University of Memphis, Memphis
$922–$1,734
2–3 Bedrooms Apartments · Memphis, TN
$1,376–$6,468
Studio–2 Bedrooms Apartments · Memphis, TN
$1,153–$1,740
Studio–2 Bedrooms Apartments · Memphis, TN
$1,297–$3,694
Studio–2 Bedrooms Apartments · Central Gardens, Memphis
$1,285–$3,450
Studio–3 Bedrooms Apartments · Memphis, TN
$1,250
2 Bedrooms Apartment · Memphis, TN
$799
1 Bedroom Apartment · Central Gardens, Memphis
$935–$1,120
2 Bedrooms Apartment · Memphis, TN
$1,100–$1,500
1–2 Bedrooms Apartments · Memphis, TN
$645
1 Bedroom Apartment · Douglas-Bungalow-Crump, Memphis
$625–$800
1–3 Bedrooms Apartments · Douglas-Bungalow-Crump, Memphis
$795
2 Bedrooms Apartment · Memphis, TN
$1,500
5 Bedrooms · 1 Bathroom Apartment · 40th Ward Civic Club, Memphis
2 Days Ago
$1,520
3 Bedrooms · 1 Bathroom Apartment · Memphis, TN
2 Days Ago
$1,450
3 Bedrooms · 2 Bathrooms Apartment · Memphis, TN
2 Days Ago
$1,500
4 Bedrooms · 2 Bathrooms Apartment · Frayser, Memphis
2 Days Ago