Memphis, TN Homes for Rent

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  $1,300 per month

  • 2 Beds
  • 2 Baths
  • 817 Sq Ft
  • Condo for Rent

  6784 Quail Hollow Ct Unit 2, Memphis, TN 38120

  East Memphis Whispering Oaks condo, 2 bedroom, 2 baths. Upstairs. Living room, Dining area. Refrigerator, stove, dishwasher, washer, dryer included. Convenient to shopping , restaurants,. Swimming pool. Call listing agent for showing. One year lease required

  

  Harry Samuels

  Pinnacle Realty

  (901) 290-4149

  6784 Quail Hollow Ct Unit 2, Memphis, TN 38120
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  Explore Memphis

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  /15

  $1,250 per month

  • 3 Beds
  • 1 Bath
  • 1,500 Sq Ft
  • House for Rent

  3581 Fairmont Ave, Memphis, TN 38122

  ***Apply now through August 15 and pay no application fee!*** This charming 1,461-square-foot home offers 3 bedrooms, 1 bathroom, and a separate den, it's ideal for families or those looking for flexible living space. The separate den is a versatile bonus space that can be used as a home office, reading nook, playroom, or media room—offering you endless possibilities to make it your own. Don't

  

  Jo Mathes

  Pinnacle Realty

  (901) 660-4595

  3581 Fairmont Ave, Memphis, TN 38122
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  $1,800 per month

  • 2 Beds
  • 2 Baths
  • 1,600+ Sq Ft
  • House for Rent

  429 Garland St, Memphis, TN 38104

  Charming 1920s bungalow for rent in the Evergreen Historic District. This well-kept home features 2 spacious bedrooms, 2 full bathrooms, and a blend of original character with modern updates. Appliances included: stove, refrigerator, microwave, washer, and dryer. Lawn care is provided. Rent is $1,800/month with a $1,800 security deposit. One-year lease minimum. Tenants pay all utilities. Minimum

  

  Thomas Henze

  Hobson, REALTORS

  (901) 673-9810

  429 Garland St, Memphis, TN 38104
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  $795 per month

  • 1 Bed
  • 1 Bath
  • 6,594 Sq Ft
  • Apartment for Rent

  128 Stonewall St Unit 7, Memphis, TN 38104

  Located in the Evergreen Historic District, this charming French country design with keyed entry, off street parking, large closets, refinished hardwood floors, high ceilings, separate dining room, new in-house laundry for residents, and updated electrical. Five units have gas wall heaters, three have newer central heaters; window a/c units. Located five minutes from Overton Square area. Easy to

  

  Jo Mathes

  Pinnacle Realty

  (901) 472-3129

  128 Stonewall St Unit 7, Memphis, TN 38104
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  $825 per month

  • 1 Bed
  • 1 Bath
  • 6,594 Sq Ft
  • Apartment for Rent

  128 Stonewall St Unit 3, Memphis, TN 38104

  Located in the Evergreen Historic District, this charming French country design with keyed entry, off street parking, large closets, refinished hardwood floors, high ceilings, separate dining room, new in-house laundry for residents, and updated electrical. Five units have gas wall heaters, three have newer central heaters; window a/c units. Located five minutes from Overton Square area. Easy to

  

  Jo Mathes

  Pinnacle Realty

  (901) 401-9506

  128 Stonewall St Unit 3, Memphis, TN 38104
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  $1,485 per month

  • 3 Beds
  • 1.5 Baths
  • 1,031 Sq Ft
  • House for Rent

  978 Gary St, Memphis, TN 38122

  Discover this charming single-family home located in the convenient and established 38122 area. Offering 1,073 sq ft of comfortable living space, this home features 3 spacious bedrooms, 1.5 bathrooms, and is move-in ready with fresh paint throughout. Enjoy everyday practicality with a 1-car carport, and relax or entertain on the covered back patio, perfect for family gatherings or quiet

  

  Jo Mathes

  Pinnacle Realty

  (901) 669-7937

  978 Gary St, Memphis, TN 38122
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  $1,850 per month

  • 4 Beds
  • 2.5 Baths
  • 2,348 Sq Ft
  • House for Rent

  5195 Wren Cove, Memphis, TN 38134

  Discover the perfect rental in Williamsburg Park 2nd Addition! This traditional home offers spacious bedrooms, separate living, dining, and den areas, an eat-in kitchen, and a large covered patio with multiple entries. Don't miss out on this opportunity, schedule your viewing today!Discover comfort, space, and versatility in this well-maintained two-story single-family home located in the

  

  Jo Mathes

  Pinnacle Realty

  (901) 617-4054

  5195 Wren Cove, Memphis, TN 38134
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  /16

  $940 per month

  • 1 Bed
  • 1 Bath
  • Apartment for Rent

  528 E Parkway N Unit 15, Memphis, TN 38112

  Super RARE vacancy that is ready for move in! This updated one bedroom/ one bathroom is in the perfect location. It comes with gated parking, a washer/dryer in suite, all appliances and a patio/balcony. Water and trash is included in the rent! Call to schedule a viewing and apply today! This will be gone before the 1st, guaranteed! At the corner of Summer/Forest Ave and Parkway, this property is

  

  Jo Mathes

  Pinnacle Realty

  (901) 883-7730

  528 E Parkway N Unit 15, Memphis, TN 38112
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  $1,450 per month

  • 3 Beds
  • 1 Bath
  • 987 Sq Ft
  • House for Rent

  5150 Flamingo Rd, Memphis, TN 38117

  Cozy 3-bed, 1-bath home in Colonial Acres, Memphis. Features hardwood floors, central air, fenced yard, and patio. Conveniently located near Sea Isle Elementary, Colonial Middle, and Overton High

  

  Jo Mathes

  Pinnacle Realty

  (901) 621-8794

  5150 Flamingo Rd, Memphis, TN 38117
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  $1,295 per month

  • 3 Beds
  • 1 Bath
  • 971 Sq Ft
  • House for Rent

  4626 Owen Rd, Memphis, TN 38122

  Fresh, clean, and move-in ready! This charming 3-bedroom, 1-bath rental features updated flooring, neutral paint throughout, and a spacious layout perfect for everyday living. Enjoy a bright living room, eat-in kitchen, and a large fenced backyard – great for relaxing or entertaining. Located in a quiet neighborhood with easy access to schools, shopping, and major roadways.

  

  Jo Mathes

  Pinnacle Realty

  (901) 657-1047

  4626 Owen Rd, Memphis, TN 38122
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  $1,700 per month

  • 3 Beds
  • 2.5 Baths
  • 1,472 Sq Ft
  • House for Rent

  2746 Virginia Woods Place, Arlington, TN 38002

  Cute 3 bedroom with 2-1/2 baths. Has corner fireplace in the den, fenced yard, 2 car garage. Located in a fantastic location!

  

  Jo Mathes

  Pinnacle Realty

  (901) 910-0531

  2746 Virginia Woods Place, Arlington, TN 38002
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  $1,760 per month

  • 3 Beds
  • 2 Baths
  • 1,191 Sq Ft
  • House for Rent

  9274 Charly Hill Ln, Cordova, TN 38016

  Welcome to this beautifully maintained 3-bedroom, 2-bathroom home nestled in a quiet, family-friendly community just minutes from US Highway 64. Step inside to a bright and inviting layout featuring an eat-in kitchen ideal for casual meals or entertaining. The open living area flows seamlessly, providing a warm and welcoming atmosphere. Enjoy the outdoors in the spacious backyard. The double car

  

  Jo Mathes

  Pinnacle Realty

  (901) 554-4851

  9274 Charly Hill Ln, Cordova, TN 38016
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  $2,800 per month

  • 4 Beds
  • 2 Baths
  • 2,771 Sq Ft
  • House for Rent

  3652 Poplar Ave, Memphis, TN 38111

  Red Acres Community DIRECTLY ACROSS FROM U of M Campus with iron gate and safety features! Perfect for 4 best friends (or more) who each want their own super Large Bedroom. Main House w/ 2BR's down & 2BR's up! Open Concept! This is a college students DREAM Rental! Easily share the large kitchen, dining area, and TWO living areas! Beautifully updated bathrooms. New Paint inside and out! Floors

  

  Kimmer Plunk

  Centric Realty LLC

  (901) 883-5016

  3652 Poplar Ave, Memphis, TN 38111
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  $2,000 per month

  • 4 Beds
  • 2.5 Baths
  • 2,574 Sq Ft
  • House for Rent

  8282 Linkwood Ln, Cordova, TN 38018

  FABULOUS 4 BEDROOM HOME LOCATED IN THE HEART OF CORDOVA! Featuring hardwood floors in the entry and dining room, new carpet in all the bedrooms, and freshly painted interiors. Enjoy the wonderful patterned ceramic tile in the large kitchen, breakfast area, and laundry room. The master bathroom boasts a stand-up shower and a whirlpool tub. The property also offers a nice-sized fenced backyard with

  

  Jo Mathes

  Pinnacle Realty

  (901) 716-9491

  8282 Linkwood Ln, Cordova, TN 38018
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  $1,295 per month

  • 3 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft
  • House for Rent

  3424 Gladstone Cove, Memphis, TN 38128

  GREAT HOUSE 3 BEDROOM/ 1 & 1/2 BATHROOM, FRESHLY INTERIOR PAINT. GIGANTIC BACK YARD FOR KIDS & FUN.

  

  Jo Mathes

  Pinnacle Realty

  (901) 669-4086

  3424 Gladstone Cove, Memphis, TN 38128
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  $2,200 per month

  • 4 Beds
  • 2.5 Baths
  • 2,400+ Sq Ft
  • House for Rent

  4597 Oakden Ln, Memphis, TN 38125

  Awesome price for this size home and area! Welcome to your dream home in the heart of Southeast Memphis! This 4-bed, 2.5-bath residence is perfect for families looking for both comfort andstyle. The main level features a Greatroom, a formal dining area, and a breakfast area with a separate breakfast bar. The kitchen overlooks the Hearth Room. Themaster suite is conveniently located on the first

  

  Scott Carrier

  Keller Williams

  (901) 704-6113

  4597 Oakden Ln, Memphis, TN 38125
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  $1,300 per month

  • 2 Beds
  • 1.5 Baths
  • 1,110 Sq Ft
  • Condo for Rent

  971 June Rd Unit 4, Memphis, TN 38119

  Great location in East Memphis. 2 bedroom, 1.5 baths.Upstairs. All on one floor. Refrigerator, Stove, Washer/Dryer included. New HVAC. New water heater. New carpet. Convenient to shopping, restaurants, I-240. Community pool, Clubhouse facility available. $1400 per month with one year lease. Deposit $500. Move in ready.

  

  Harry Samuels

  Pinnacle Realty

  (901) 883-6883

  971 June Rd Unit 4, Memphis, TN 38119
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  $700 per month

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft
  • House for Rent

  632 S Graham St, Memphis, TN 38111

  Studio for rent: 1 Room, 1 Bathroom w/ full Kitchen (refrigerator, gas oven, cabinets, dining nook. 12-24 months, $700 monthly, water, pest control included. Deposit and credit check required. No pets. Located in Normal Station neighborhood; between the north and south campuses of the University of Memphis. Great neighborhood for students, grad students, assistant/ professors. Private. Easy.

  

  Todd Adams

  Keller Williams

  (901) 657-2557

  632 S Graham St, Memphis, TN 38111
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  $850 per month

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft
  • Apartment for Rent

  2367 Forest Ave Unit 2, Memphis, TN 38112

  Fresh interior paint, refinished hardwood floors, New counter top, New tile floor, central HVAC, parking in back, high smooth ceilings, gas stove, updated kitchen. Water and Trash will be billed monthly along with rent. Requirements: Credit score 580 or higher Employment one year or longer Income 3 times rent amount No Bankruptcy, evictions, or judgments Good rental history

  

  Jo Mathes

  Pinnacle Realty

  (901) 614-1075

  2367 Forest Ave Unit 2, Memphis, TN 38112
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  $1,320 per month

  • 3 Beds
  • 1.5 Baths
  • 1,800+ Sq Ft
  • House for Rent

  3611 Naylor Dr, Memphis, TN 38128

  ***Apply now through August 15 and pay no application fee!*** Welcome home to this inviting 3-bedroom, 2-bath single-family house, perfectly situated in a quiet, family-friendly neighborhood in Raleigh. With fresh paint throughout and beautifully maintained original hardwood floors, this home blends rustic charm with modern comfort. Step inside to discover an eat-in kitchen ideal for casual

  

  Jo Mathes

  Pinnacle Realty

  (901) 673-2424

  3611 Naylor Dr, Memphis, TN 38128
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  $1,250 per month

  • 3 Beds
  • 1.5 Baths
  • 1,277 Sq Ft
  • House for Rent

  4523 Lawrence Rd, Memphis, TN 38122

  Charming 3-bedroom, 1.5-bath home in a desirable area of Memphis. Features include a new roof, new water heater, vaulted ceilings, and spacious rooms. Enjoy a large eat-in kitchen and a separate laundry/utility room

  

  Jo Mathes

  Pinnacle Realty

  (901) 699-4649

  4523 Lawrence Rd, Memphis, TN 38122
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  $1,250 per month

  • 3 Beds
  • 1 Bath
  • 1,059 Sq Ft
  • House for Rent

  4801 Given Ave, Memphis, TN 38122

  4801 Given Ave — a freshly renovated 3 bed, 1 bath home with updated interiors, hardwood floors, and a spacious backyard. Bright, clean, and move-in ready, this home offers comfort and convenience just minutes from schools, parks, and local shops. Don't miss this affordable and stylish rental opportunity!

  

  Jo Mathes

  Pinnacle Realty

  (901) 657-5885

  4801 Given Ave, Memphis, TN 38122
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  $2,325 per month

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft
  • House for Rent

  604 Madewood Dr, Memphis, TN 38103

  Nestled in the desirable gated community of South Bluffs, this charming 2-story home offers 1,700 sq ft of spacious living. Featuring 3 bedrooms and 2.5 baths, it's the perfect blend of comfort and style. The open-concept design seamlessly connects the kitchen to the cozy living area, complete with a built-in bookshelf and a fireplace – making it the ideal space for both entertaining and

  

  Jo Mathes

  Pinnacle Realty

  (901) 668-5613

  604 Madewood Dr, Memphis, TN 38103
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  $1,095 per month

  • 2 Beds
  • 1 Bath
  • Apartment for Rent

  605 Patterson St Unit 5, Memphis, TN 38111

  Move-In Special: 2nd full month of rent FREE! Must see! This renovated 2 bedroom apartment is conveniently located near the University of Memphis and all of the shopping, dining, and entertainment offered on the Highland Strip. Appliances include a refrigerator, stove, and washer/dryer combo unit.

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 621-4431

  605 Patterson St Unit 5, Memphis, TN 38111
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  $1,795 per month

  • 3 Beds
  • 2.5 Baths
  • 1,200+ Sq Ft
  • House for Rent

  9547 Daly Dr, Lakeland, TN 38002

  Immediate occupancy available! Vinyl plank wood style flooring, granite counters, gas cooking, newer windows and hvac. Corner lot in a nice neighborhood. Lakeland schools are awesome. One year min lease period, sec deposit same as rent. 640min credit score, good job time, income to be 3 times rent amount. Please try to call the property manager versus messaging online for a quicker response.

  

  Scott Carrier

  Keller Williams

  (901) 668-6273

  9547 Daly Dr, Lakeland, TN 38002
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  $1,099 - $1,699 per month

  The Melrose Midtown

  Studio - 2 Beds

  775 Melrose St, Memphis, TN 38104

  The Melrose Midtown won the award for Best Apartment Community in Memphis four years running! Gorgeous, renovated apartments, excellent location, amenities, and safe. You CAN afford to live here. Our studio starts at $1,099, and our one-bedroom options start at $1,299. We are walking and/or easy biking distance to the Medical District and a short drive to the universities and most major

  775 Melrose St, Memphis, TN 38104
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  $1,450 per month

  • 2 Beds
  • 3 Baths
  • 1,066 Sq Ft
  • House for Rent

  3549 Marion Ave, Memphis, TN 38111

  Updated rental home in immaculate condition! Fresh paint throughout, New Flooring in kitchen and bathrooms! Gleaming hardwood floors throughout! Bathrooms have been updated! Owner is offering year round yard maintenance! Refrigerator, washer and dryer included! Within walking distance to the University of Memphis and the Highland Strip!

  Matt Wood Chamberwood Realty Group

  3549 Marion Ave, Memphis, TN 38111
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  $999 - $1,749 per month

  South Junction Apartments

  Studio - 2 Beds

  9 E Carolina Ave, Memphis, TN 38103

  Built on repurposed railroad land using energy efficient construction and open-air design, South Junction means lower-cost, lower-impact living. Our garden-style apartments are perfectly situated within walking distance to Big River Crossing, the Farmer’s Market, Tom Lee Park, and all the shops and restaurants in the South Main Arts District.

  9 E Carolina Ave, Memphis, TN 38103
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  $2,450 per month

  • 2 Beds
  • 2 Baths
  • 1,400+ Sq Ft
  • House for Rent

  113 Village Ln, Memphis, TN 38103

  This two bedroom, two bathroom house with a large bonus loft offers a blend of character and usefulness—from the covered porches and garage to the open and sunny living areas and a modern kitchen. It's especially appealing for those seeking a cozy yet contemporary Harbor Town home with ample indoor/outdoor flow. The house comes with home warranty, washer, dryer and fridge. Rent includes water,

  Brandy Marek Grace and Grit Realty Co. LLC

  113 Village Ln, Memphis, TN 38103
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  $1,025 - $1,581 per month

  The Willows at Shelby Farms

  1 - 3 Beds

  555 Wood Arbor Pkwy, Cordova, TN 38018

  "Welcome home to The Willows at Shelby Farms located in Cordova, TN! At The Willows at Shelby Farms, we proudly offer beautiful one, two, and three bedroom apartments. Each of our stylish and comfortable homes feature fully-equipped kitchens, generous closet space, and an open design, creating the ideal space for both relaxing and entertaining.Take advantage of our premier amenities, including a

  555 Wood Arbor Pkwy, Cordova, TN 38018
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  $1,425 per month

  • 1 Bed
  • 1 Bath
  • 645 Sq Ft
  • Condo for Rent

  615 Denmark Dr Unit 102, Memphis, TN 38103

  Great 1 bedroom 1 bath in the south end area of downtown, close to the trolley, south main district, memphis farmers market and more! Unit has one reserved parking space in front of the door. 12 month lease minimum

  Kathryn Garland Crye-Leike, Inc., REALTORS

  615 Denmark Dr Unit 102, Memphis, TN 38103
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  $975 - $1,550 per month

  Arbors of Century Center

  1 - 3 Beds

  1490 Century Arbor Ln, Memphis, TN 38134

  UPGRADED APARTMENTS! Whether it's convenience, prime location, must-have amenities, or a spacious home you're looking for, you'll find it here at The Arbors of Century Center! The Arbors offers its residents the beauty and solitude of a nature reserve, where our community is in a prime location just a short drive from Wolfchase Mall, Shelby Farms, amazing restaurants, grocery stores, many other

  1490 Century Arbor Ln, Memphis, TN 38134
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  $1,995 per month

  • 3 Beds
  • 1.5 Baths
  • 1,600+ Sq Ft
  • House for Rent

  5270 Edenshire Ave, Memphis, TN 38117

  Beautifully Renovated Move-In Ready Home Located in Sea Isle Park. Style,Comfort, Function and Privacy!! The Home sits on a Spacious, Very Private Corner Lot with a Wood privacy fence on Side and Back. An outdoor oasis perfect for relaxing. Perfect for pets. Beautiful Open Kitchen is a Dream with a Farmhouse Sliding Door, Stone Countertops, Breakfast Bar and Stunning Stainless Back Splash plus a

  Chuck House Keller Williams

  5270 Edenshire Ave, Memphis, TN 38117
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  $581 - $1,186 per month

  The Residences at Lakeview

  Studio - 4 Beds

  2774 S Mendenhall Rd, Memphis, TN 38115

  Throughout our centrally located apartment community, you’ll find an array of amenities designed to enhance your lifestyle. Lounge by the pool with neighbors and friends, let your pet burn off energy at the onsite dog park, and enjoy some fun in the sun at one of the four playgrounds. Did we mention we also have a brand-NEW clubhouse? Conveniently situated just off I-240, The Residences at

  2774 S Mendenhall Rd, Memphis, TN 38115
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  $1,380 per month

  • 4 Beds
  • 1.5 Baths
  • 1,272 Sq Ft
  • House for Rent

  5120 Breckenwood Dr, Memphis, TN 38127

  Welcome to your dream home! Step inside this pet-friendly home featuring modern finishes, a functional layout, and ample storage. Enjoy spacious living areas, natural light, and a yard perfect for outdoor activities! Take advantage of the incredible location, nestled in a great neighborhood with access to schools, parks, dining and more. Don't miss a chance to make this house your next home!

  Stacey Spratlin Main Street Renewal, LLC

  5120 Breckenwood Dr, Memphis, TN 38127
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  $1,049 - $1,448 per month

  Century Apartments

  1 - 3 Beds

  777 Mount Moriah Rd, Memphis, TN 38117

  A life of joy begins with Century Apartments. Residents always smile inside our Memphis, TN apartments, and it's no surprise our vibrant community is surrounded by all that Memphis has to offer and filled with top-notch amenities. For those who love the outdoors, you'll enjoy easy access to the Shelby Farms Green Line and Wolf River Trails. Plus, with our prime location right off Walnut Grove

  777 Mount Moriah Rd, Memphis, TN 38117
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  $1,480 per month

  • 3 Beds
  • 1.5 Baths
  • 1,507 Sq Ft
  • House for Rent

  1756 Dorrie Ln, Memphis, TN 38117

  Welcome to your dream home! Step inside this pet-friendly home featuring modern finishes, a functional layout, and ample storage. Enjoy spacious living areas, natural light, and a yard perfect for outdoor activities! Take advantage of the incredible location, nestled in a great neighborhood with access to schools, parks, dining and more. Don't miss a chance to make this house your next home!

  Stacey Spratlin Main Street Renewal, LLC

  1756 Dorrie Ln, Memphis, TN 38117
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  $956 - $2,917 per month

  Link Apartments® Broad Ave

  Studio - 2 Beds

  2540 Broad Ave, Memphis, TN 38112

  Indulge in upscale Midtown Memphis living at Link Apartments(R) Broad Ave. Our homes feature oversized windows and luxe plank flooring in every room for a spacious, modern feel. Relax in open-concept kitchens with Energy Star appliances and subway tile backsplashes.Unwind by our saltwater pool or host gatherings in the courtyard with ping pong and grills. Stay active in the award-winning fitness

  2540 Broad Ave, Memphis, TN 38112
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  /16

  $1,620 per month

  • 3 Beds
  • 2 Baths
  • 1,414 Sq Ft
  • House for Rent

  7135 Hillshire Dr, Memphis, TN 38133

  Welcome to your dream home! Step inside this pet-friendly home featuring modern finishes, a functional layout, and ample storage. Enjoy spacious living areas, natural light, and a yard perfect for outdoor activities! Take advantage of the incredible location, nestled in a great neighborhood with access to schools, parks, dining and more. Don't miss a chance to make this house your next home!

  Stacey Spratlin Main Street Renewal, LLC

  7135 Hillshire Dr, Memphis, TN 38133
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  $1,250 - $2,350 per month

  Urban Loft Co. Memphis- Utilties Included

  1 Bed

  440 Monroe Ave, Memphis, TN 38103

  The Urban Loft Co. in Memphis, located at 440 Monroe Ave, offers a vibrant and modern urban living experience, NOW LEASING. This new community features fully furnished lofts designed for convenience and comfort, with utilities and high-speed internet included from day one. Our residences boast upscale design elements such as high ceilings, custom cabinetry, expansive windows, and wood-style

  440 Monroe Ave, Memphis, TN 38103

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Why Live in Memphis

Memphis stands as the birthplace of Blues, Soul, and Rock 'n' Roll, with legendary music landmarks like Sun Studio, where Elvis Presley and Johnny Cash recorded their earliest hits. The city's rich cultural heritage comes alive through attractions like Graceland, Elvis's iconic mansion, and the National Civil Rights Museum at the Lorraine Motel. Beale Street pulses with live music venues, while outdoor spaces like the 4,500-acre Shelby Farms Park and the Mississippi River waterfront at Tom Lee Park provide natural escapes. The culinary scene features standout restaurants such as Central BBQ, known for hickory-smoked ribs, and Gus's Fried Chicken, a regional icon serving Southern spicy fried chicken.

The Memphis housing market presents diverse options across distinct neighborhoods. Single-family homes in Midtown Memphis have a median price of $310,000, while similar properties in Cooper-Young reach $311,000. Downtown Memphis single-family homes show a median price of $265,000. The median price for townhomes throughout Memphis is $399,000, while one-bedroom condos typically sell for a median price of $161,000.

Memphis maintains a cost of living 10.3% below the national average. A family with school-age children needs approximately $95,000 annually to live comfortably, while single renters require about $55,000. The property tax rate in Shelby County sits at 1.03%, with no state income tax and a combined sales tax rate of 9.56%. Monthly grocery costs average $1,600 for families and $700 for singles. The city's educational landscape includes highly rated institutions like White Station High School serving multiple neighborhoods and private schools such as Hutchison School and Memphis University School. The University of Memphis and Rhodes College add to the academic environment.

Learn more about living in Memphis

Frequently Asked Questions

What are the most popular neighborhoods in Memphis, TN for renters?

The most popular neighborhoods in Memphis, TN for renters are Chickasaw Gardens, Binghampton, Midtown Memphis, Orange Mound and Audubon Park.

What are the most popular zip codes in Memphis, TN for renters?

The most popular zip codes in Memphis, TN for renters include 38111, 38112, 38104, 38114 and 38118.