6,379

Newest Homes for Rent in Memphis, TN

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  • /76

    Starting at $1,040 Per Month

    • 1 - 3 Beds

    5900 Cedar Forrest Dr, Memphis, TN 38119

    RENOVATED APARTMENTS! Legacy on Lynnfield is a community offering a great residential environment, upscale amenities and excellent service for our residents. We offer one, two and three bedroom apartments and townhomes that are sure to please even those with the most discriminating tastes. Whether you want to relax by our one of our 2 pools or play with your furry friend at our community dog

    Legacy on Lynnfield - NEWLY UPGRADED

    (901) 657-4906

    5900 Cedar Forrest Dr, Memphis, TN 38119
  • /66

    Starting at $975 Per Month

    • 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

    Arbors of Century Center

    (901) 586-3606

    1490 Century Arbor Ln, Memphis, TN 38134
  • /18

    Starting at $740 Per Month

    • 1 - 3 Beds

    3670 Sawmill Dr, Memphis, TN 38128

    Welcome home to Regency at Raleigh Apartments! Settle into one of our comfortable one, two, or three bedroom apartments. If you are searching for a relaxing and inviting space, you’re in luck! Every floorplan offers spacious living areas, generous storage space, washer/dryer connections, and a private patio or balcony with outside storage.

    Regency at Raleigh

    (901) 666-6871

    3670 Sawmill Dr, Memphis, TN 38128
  • /34

    Starting at $912 Per Month

    • 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

    The Willows at Shelby Farms

    (901) 446-3004

    555 Wood Arbor Pkwy, Cordova, TN 38018
  • /50

    Starting at $760 Per Month

    • 1 - 2 Beds

    3315 Ridgeway Rd, Memphis, TN 38115

    The Park at Paisley is a superior apartment home community located in the heart of stunning Memphis, Tennessee. Conveniently established near Interstates 40, 69, 55, 240, and 269, traveling across the state will be a breeze. We are proud to present spacious one and two bedroom floor plans available for rent. Enjoy the comfort of central air and heating, large walk-in closets, beautiful carpeted

    The Park at Paisley

    (901) 437-8895

    3315 Ridgeway Rd, Memphis, TN 38115
  • /75

    Starting at $1,039 Per Month

    • 1 - 2 Beds

    7935 Club Dr, Cordova, TN 38016

    NEWLY RENOVATED APARTMENTS! Welcome to Trinity Lakes! Enjoy the benefits of two fitness centers, an indoor racquet ball court, a NEW pickle ball court and a newly finished lighted tennis court! Also we have two swimming pools, and warm yourself up on those cold nights in our steaming hot tub! Also, for special nights, we provide our residents with the option of our accommodating, rentable Club

    Trinity Lakes

    (901) 403-8569

    7935 Club Dr, Cordova, TN 38016
  • /23

    Starting at $766 Per Month

    • 1 - 2 Beds

    2174 Westchester Dr, Memphis, TN 38134

    Welcome to Sycamore Lake Apartments, a beautiful place to live! We offer our residents the finest in modern amenities, including an exceptional clubhouse, stocked lake and fountain on spacious wooded grounds, a fitness center, and an over sized swimming pool. You will enjoy the spacious apartments and wonderful neighbors. This community is professionally managed with excellent management and

    Sycamore Lake

    (901) 499-2652

    2174 Westchester Dr, Memphis, TN 38134
  • /182

    Starting at $999 Per Month

    • 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

    The Melrose Midtown

    (901) 441-4973

    775 Melrose St, Memphis, TN 38104
  • /40

    Starting at $799 Per Month

    • 1 - 3 Beds

    2095 Poplar Ave, Memphis, TN 38104

    Midtown Place Apartments offers a collection of unique, historic apartment homes in the heart of Midtown Memphis, just steps from Overton Park and some of the city’s most iconic attractions. Made up of several distinct communities—including Stratford Place, The Tuscany, Park Lane, and St. Regis—Midtown Place features a wide variety of one- and two-bedroom floor plans, each with its own character

    Midtown Place

    (901) 295-0919

    2095 Poplar Ave, Memphis, TN 38104
  • /35

    Starting at $699 Per Month

    • 1 - 3 Beds

    4045 Summer Ave, Memphis, TN 38122

    Located in the vibrant 38122 Berclair neighborhood of Memphis, Grahamwood Place Apartments offers spacious one, two, and three-bedroom apartment homes designed for your lifestyle. Our community features controlled access gates, providing added peace of mind for all residents.Enjoy the convenience of living just minutes from local shopping, dining, and entertainment, all while being part

    Grahamwood Place

    (877) 848-4360

    4045 Summer Ave, Memphis, TN 38122
  • /18

    Starting at $1,869 Per Month

    • 2 - 3 Beds

    6755 Poplar Ave, Germantown, TN 38138

    Say hello to your new home at The Garden District Apartments! Our beautifully landscaped grounds are complemented by beautifully renovated two and three-bedroom residences. These townhomes in Germantown, TN offer a serene experience, while providing modern amenities that cater to your needs, including short-term leases. Think of a gleaming pool, a fitness center, and a playground. Plus, we're

    The Garden District Apartments

    (901) 519-3291

    6755 Poplar Ave, Germantown, TN 38138
  • /72

    Starting at $1,201

    Total Monthly Price

    • 1 - 2 Beds

    100 Riverset Ln, Memphis, TN 38103

    Welcome to Riverset Apartments, where the tranquility of riverside living meets the convenience of modern amenities. Residents love our neighborhood, Mud Island, for its unparalleled charm and picturesque landscape. Our apartment homes offer a cozy retreat just 10 minutes from downtown Memphis.

    Riverset Apartments

    (901) 450-3765

    100 Riverset Ln, Memphis, TN 38103
  • /30

    Starting at $725 Per Month

    • Studio - 3 Beds

    1550 N Pkwy, Memphis, TN 38112

    At King's Reserve Memphis you can enjoy 55+ independent senior living in a community atmosphere. King's Reserve features spacious studio, 1 bedroom, 2 bedroom and 3 bedroom floorplans with fully equipped kitchens.

    Kings Reserve Memphis

    (901) 350-5175

    1550 N Pkwy, Memphis, TN 38112
  • /63

    Starting at $1,324 Per Month

    • Studio - 2 Beds

    420 Monroe Ave, Memphis, TN 38103

    A boutique collection of Studio, One, and Two Bedroom Apartments for rent in Memphis, TN. A new way of apartment living has arrived in Memphis. Formerly home to the original Wonderbread Bakery, The Rise is now creating a place and space for wonderful things. Amenities that inspire. Apartments that indulge. Class A in every way. Come home to our apartments for rent in Memphis, TN, and be amazed.

    The Rise Apartments

    (901) 437-4552

    420 Monroe Ave, Memphis, TN 38103
  • /59

    Starting at $999 Per Month

    • Studio - 2 Beds

    5811 Poplar Ave, Memphis, TN 38119

    At 240 Flats, we offer a wealth of community amenities to pair with your life style. From a sparkling, resort-style swimming pool to a fully equipped fitness center and yoga room, availiable any time of day, you'll love living at 240 Flats! For your convenience, we have a knowledgeable and friendly on-site management staff and a capable maintenance team who work in tandem to help you with your

    240 Flats

    (901) 546-4988

    5811 Poplar Ave, Memphis, TN 38119
  • /27

    Starting at $975 Per Month

    • 2 Beds

    3467-3469 Southern Ave, Memphis, TN 38111

    Welcome to University Crossings Apartments. University Crossings is a group of 5 communities managed from one office. All are the ideal location for the hardworking co-ed. Each community is only a short walk that puts you on campus in time for your 8 a.m. class and located just steps away is the Highland Strip that includes many entertainment and dining choices. With slight variations between the

    Southern Place

    (901) 295-3118

    3467-3469 Southern Ave, Memphis, TN 38111
  • /50

    Starting at $1,004 Per Month

    • Studio - 3 Beds

    70 S 4th St, Memphis, TN 38103

    Our Zero Deposit Program means no upfront security deposit—just a simple, cost-effective solution that makes securing your new home easy.Welcome to Fielder Square, where historical charm meets modern luxury in the heart of Downtown Memphis. Our apartments for rent in Memphis, TN provide an unparalleled living experience with unique architectural details and upscale finishes. Whether you are

    Fielder Square

    (870) 771-3834

    70 S 4th St, Memphis, TN 38103
  • /23

    Starting at $875 Per Month

    • 1 - 3 Beds

    2165 E River Trace Dr, Memphis, TN 38134

    Proudly introducing The Stella Apartments, a place that is front and center. Our Bartlett apartments offer the modern features, life-enhancing amenities, and well-designed residences you would expect to find in a true home. All of this is set at a highly coveted address near parks, entertainment, and some of the leading employers in the greater Memphis area.The Stella Apartments offers newly

    The Stella Apartments

    (901) 295-0090

    2165 E River Trace Dr, Memphis, TN 38134
  • /20

    Starting at $825 Per Month

    • 1 - 3 Beds

    4787 Garden Grove Cove, Memphis, TN 38128

    Explore your new home at The Meridian Apartments today! Our community presents charming one, two, and three-bedroom apartments, each designed to provide an inviting atmosphere. Regardless of your choice, you'll discover open-concept floor plans and generously sized bedrooms with ample closet space, creating the perfect setting for both relaxation and entertaining. Some homes feature in-home

    The Meridian Apartments

    (901) 437-8228

    4787 Garden Grove Cove, Memphis, TN 38128
  • /35

    Starting at $1,095 Per Month

    • 1 - 3 Beds

    8037 Waterford Cir, Memphis, TN 38125

    Welcome to Waterford Place Apartment Homes in Memphis, TN! Experience upscale living with a suburban twist at Waterford Place. Our luxury apartments offer the perfect escape from city life while keeping you connected to top employers and the vibrant Memphis scene. Enjoy modern amenities in beautifully landscaped surroundings and cozy interiors. Choose from spacious one, two, and three-bedroom

    Waterford Place Apartment Homes

    (901) 910-0620

    8037 Waterford Cir, Memphis, TN 38125
  • /29

    Starting at $910 Per Month

    • 1 - 4 Beds

    640 Rouge Bluff Rd, Memphis, TN 38127

    The townhouse community at Timberline Flats is being quietly redeveloped and growing fast. Don't wait to secure a home for yourself in this beautifully wooded setting while finished units are still available. It may be several months before the next set of units are completed and move in ready.Brick townhomes have been completely renovated from floor to ceiling and features new kitchen

    Timberline Flats

    (901) 437-6570

    640 Rouge Bluff Rd, Memphis, TN 38127
  • /44

    Starting at $798 Per Month

    • 1 - 2 Beds

    305 S Bellevue Blvd, Memphis, TN 38104

    Azur Tower boasts stylish Memphis, Tennessee apartments in a soaring high-rise building. Our community is in a trendy, urban Midtown location right in the heart of the city. Enjoy easy access to all that Memphis has to offer, or sit back, relax, and take in the brilliant lights of the city right from your very own balcony. At Azur Tower, you’ll have comfort, style, and convenience all in one

    Azur Tower

    (901) 602-3530

    305 S Bellevue Blvd, Memphis, TN 38104
  • /35

    Starting at $999 Per Month

    • 2 - 4 Beds

    6082 Knightsbridge Dr, Memphis, TN 38115

    Welcome to Emerald Square Townhomes – Where Comfort Meets ConvenienceDiscover spacious two, three, and four-bedroom townhomes nestled in the heart of the Shelby County School District. Emerald Square offers the perfect blend of suburban tranquility and urban accessibility. Just minutes from premier shopping, dining, and entertainment, our community places you close to everything you

    Emerald Square Apartments

    (901) 479-1440

    6082 Knightsbridge Dr, Memphis, TN 38115
  • /42

    Starting at $1,171 Per Month

    • Studio - 3 Beds

    4556 Hacks Cross Rd, Memphis, TN 38125

    At Springs at Buckingham Farms, you’ll enjoy townhome-style living, with all the comforts of premium upscale neighborhood and a small-town feel! Our studio, one, two or three bedroom apartments are in the heart of an inviting Tennessee community. Ideally located just 20 minutes from downtown Memphis and 5 minutes from Collierville and Germantown. Springs at Buckingham Farms provides you with

    Springs at Buckingham Farms

    (901) 910-0935

    4556 Hacks Cross Rd, Memphis, TN 38125
  • /42

    Starting at $1,260 Per Month

    • Studio - 2 Beds

    130 S Front St, Memphis, TN 38103

    The Peabody Collection offers a unique apartment experience. Our three distinct properties, Pembroke Square, Gayoso House and 50 Peabody Place– each offer a unique experience tailored to different lifestyles. From the quiet elegance of Pembroke Square to the vibrant energy of Gayoso House, you'll find the perfect downtown home within the Peabody Collection.

    Gayoso House

    (901) 479-0037

    130 S Front St, Memphis, TN 38103
  • /35

    Starting at $855 Per Month

    • 1 - 3 Beds

    1760 Chancery St, Memphis, TN 38116

    If you are searching for a relaxing and inviting space, you’re in luck! Every floorplan offers spacious living areas, wood-inspired flooring, a fully-equipped kitchen with stainless steel appliances and white cabinets, generous storage space, a private patio or balcony, and washer/dryer connections!Take advantage of our convenient amenities, including a laundry facility, patrol services, and

    Sutton at Shelby

    (901) 479-1414

    1760 Chancery St, Memphis, TN 38116
  • /19

    Starting at $988 Per Month

    • 1 - 2 Beds

    8293 George Brett Dr, Cordova, TN 38018

    Find your home sweet home at The Vale Apartments and Townhomes! Our Cordova apartments and townhomes are equipped with everything you need to live comfortably, including newly renovated interiors and an address close to the best attractions of Shelby County. Our Cordova location places you just 1 mile from Walmart Supercenter, 1.2 miles from Urban Air Trampoline and Adventure Park, and about 20

    The Vale Apartments and Townhomes

    (901) 446-2930

    8293 George Brett Dr, Cordova, TN 38018
  • /19

    Starting at $1,175 Per Month

    • 1 - 3 Beds

    6939 Dusty Trail Ln, Memphis, TN 38133

    Move to The Birches Apartments and live at the core of a vibrant neighborhood on the east side of the Home of the Blues, where music flows through the streets and water pours down the Mississippi River. Our pet-friendly community welcomes you with a beautiful selection of recently renovated one-, two-, and three-bedroom residences and thoughtful amenities to make you feel at home. Located in

    The Birches Apartment Homes

    (901) 245-5159

    6939 Dusty Trail Ln, Memphis, TN 38133
  • /30

    Starting at $988 Per Month

    • 1 - 3 Beds

    9135 Morning Ridge Rd, Cordova, TN 38016

    Stonebridge Crossing offers renovated 1-, 2-, and 3-bedroom apartments in the Cordova-Appling neighborhood outside of Memphis. These are pet-friendly apartments with access to an off-leash dog park. Select upgraded homes include hardwood-style flooring, fireplaces, walk-in closets, vaulted ceilings, dedicated dining areas, sunrooms, and balconies or patios. Community amenities include a swimming

    Stonebridge Crossing Apartments

    (901) 499-2609

    9135 Morning Ridge Rd, Cordova, TN 38016
  • /18

    Starting at $1,382 Per Month

    • 1 - 2 Beds

    671 Harbor Edge Dr, Memphis, TN 38103

    Engage in a resort-inspired lifestyle enabled by exceptional amenities inside our apartments in Harbor Town Memphis, TN. Our peaceful community places you only steps away from the best that Mud Island can offer.

    Arbors Harbor Town

    (870) 771-3626

    671 Harbor Edge Dr, Memphis, TN 38103
  • /44

    Starting at $1,259 Per Month

    • 1 - 3 Beds

    7841 N Garden Manor Dr, Memphis, TN 38125

    Centennial Gardens Apartments offers comfortable and convenient apartment living in Memphis, TN. Our community features well-maintained grounds, on-site management, and a responsive maintenance team dedicated to resident satisfaction. Located near shopping, dining, schools, and major roadways, Centennial Gardens provides easy access to everything Memphis has to offer while maintaining a quiet,

    Centennial Gardens

    (901) 446-2288

    7841 N Garden Manor Dr, Memphis, TN 38125
  • /18

    Starting at $1,276 Per Month

    • 1 - 3 Beds

    9230 Thornbury Blvd, Memphis, TN 38125

    The Preserve at Forest Creek features 1, 2, and 3-bedroom luxury apartment homes located near Germantown, Collierville, and just outside downtown Memphis, TN. The Preserve is tucked away off Forest Hill Irene Road and conveniently located near the Carriage Crossing shopping mall and Centennial Commons shopping center with an abundance of shopping, dining, and entertainment options to satisfy

    The Preserve at Forest Creek

    (901) 446-2319

    9230 Thornbury Blvd, Memphis, TN 38125
  • /56

    Starting at $1,403

    Total Monthly Price

    • 1 - 2 Beds

    694 Madison Ave, Memphis, TN 38103

    Orleans Station’s brand-new Brownstone-style apartments celebrate the historic architecture of neighboring Victorian Village and UTHSC. Walk to class, bike to work, or take your laptop to French Truck Coffee for a remote work/study session. Enjoy food trucks in Health Sciences Park, a street fair in The Edge, or a trip to the Big River Crossing. This is where you want to be. In the middle of it

    Orleans Station

    (901) 295-0061

    694 Madison Ave, Memphis, TN 38103
  • /33

    Starting at $775 Per Month

    • 1 - 4 Beds

    1437 Central Ave, Memphis, TN 38104

    The best of both worlds come together at this midtown address. Located on Central Avenue in Historic Central Gardens among the massive oaks and expansive green lawns. Away from the hustle and bustle, but only one minute from the interstate and five minutes from downtown Memphis. Private terrace balconies open to a panoramic view. Sheltered parking provided in a two-level garage. Central Gardens

    Central Gardens

    (901) 310-3341

    1437 Central Ave, Memphis, TN 38104
  • /47

    Starting at $1,050

    Total Monthly Price

    • 2 Beds

    1500 E Shelby Dr, Memphis, TN 38116

    Welcome to the epitome of townhome living in Memphis, TN! Our remodeled 2-bedroom, 1.5-bathroom townhomes are conveniently located near the intersection of Shelby Drive and major employers, offering true two-story living. Your home features an IN-UNIT STACKABLE WASHER & DRYER, Hardwood Flooring, and an open-concept living space. The kitchen is fully equipped with a Dishwasher, Range,

    TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr!

    (901) 390-9152

    1500 E Shelby Dr, Memphis, TN 38116
  • /43

    Starting at $1,350 Per Month

    • 1 - 2 Beds

    2344 Autumn Green Dr, Memphis, TN 38112

    Experience modern Midtown living at @the Park, offering a rare mix of apartment homes and townhomes just steps from Overton Park. Ideally located in the heart of Midtown Memphis and minutes from Downtown and East Memphis, our community combines convenience with contemporary design. Our thoughtfully designed one- and two-bedroom apartments and townhomes feature open-concept layouts with quartz

    At The Park Apartments

    (901) 390-9564

    2344 Autumn Green Dr, Memphis, TN 38112
  • /50

    Starting at $1,250 Per Month

    • 2 Beds

    385 N Graham St, Memphis, TN 38117

    Highpoint at The Greenline Apartments offers many great amenities to make sure you enjoy your time here with us including a refreshing swimming pool, outdoor pergola, firepit, bark park and bocce and cornhole area! For your convenience, our gated community also offers controlled access, central air, and direct access to the Greenline. Call our friendly leasing staff today to schedule a personal

    Highpoint at The Greenline

    (901) 979-9971

    385 N Graham St, Memphis, TN 38117
  • /24

    Starting at $1,214 Per Month

    • 1 - 3 Beds

    8920 Walnut Grove Rd, Cordova, TN 38018

    Walnut Hill offers renovated 1- and 2-bedroom apartments in the Cordova neighborhood of Memphis, Tennessee. These are pet-friendly apartments, welcoming up to two pets per home. Select upgraded apartments include hardwood-style flooring, full-size washers and dryers, fireplaces, walk-in closets, home office space, and private balconies or patios with storage. Select homes feature separate dining

    Walnut Hill Apartments

    (901) 910-0567

    8920 Walnut Grove Rd, Cordova, TN 38018
  • /35

    Starting at $1,682

    Total Monthly Price

    • Studio - 3 Beds

    67 Madison Ave, Memphis, TN 38103

    Welcome to Metro 67 Apartments, offering refined living in our luxury apartments in Downtown Memphis. Located in a beautifully restored historic building at the corner of Madison and Front Street, our community blends timeless character with modern sophistication. Each apartment features upscale finishes and thoughtfully designed interiors that make everyday living feel elevated. With unmatched

    Metro67

    (901) 479-1589

    67 Madison Ave, Memphis, TN 38103
  • /42

    Starting at $1,289 Per Month

    • 1 - 3 Beds

    3333 Hacks Cross Rd, Memphis, TN 38125

    An apartment community with 8 phases reflecting the charm of an English country village. Colorful exteriors of soft sun-washed stucco, handsome brick and crisp trim compliment an apartment lifestyle filled with vigor and style. Great location at the edge of Germantown Right across from Southwind and Fed Ex World Headquarters with easy access to Nonconnah Parkway and all areas of Memphis.

    Fieldstone

    (901) 295-0804

    3333 Hacks Cross Rd, Memphis, TN 38125

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Frequently Asked Questions

How much does it cost to rent a home in Memphis, TN?
The median rent for a home in Memphis, TN is $1,425 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Memphis, TN?
To comfortably afford the median rent in Memphis, TN, a household needs to earn roughly $57,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,425 per month in Memphis, TN, renters typically need to show $4,275 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Memphis, TN?
In Memphis, TN, the price-to-rent ratio is 12.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Memphis, TN are best for renting a home?
The best neighborhood for renting in Memphis, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Chickasaw Gardens, Binghampton, Midtown Memphis, Orange Mound and Cooper-Young, each with its own character and price range.

Rental Trends in Memphis, TN

Rental Home Trends

Number of Homes for Rent
1,816
Median Rent
$1,425
Median Single Family Home Rent
$1,495
Median Townhouse Rent
$1,595
Median Condo Rent
$1,293
How to Rent a Home