7,233

Newest Homes for Rent in Memphis, TN

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  • /76

    Starting at $1,029 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

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

    Starting at $959 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

    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

    3670 Sawmill Dr, Memphis, TN 38128
  • /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

    3315 Ridgeway Rd, Memphis, TN 38115
  • /34

    Starting at $929 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

    555 Wood Arbor Pkwy, Cordova, TN 38018
  • /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

    7935 Club Dr, Cordova, TN 38016
  • /53

    Starting at $949 Per Month

    • 1 - 3 Beds

    9940 Paddle Wheel Dr, Cordova, TN 38016

    Welcome to The Landings at Houston Levee, a beautiful apartment community boasting unique amenities and a sought-after location. Our Cordova apartments in Memphis, TN are located near I-40 and HWY-64, making your daily commute swift and easy, and giving you access to all of the exciting attractions within our neighborhood and throughout the city.At The Landings at Houston Levee, your comfort

    The Landings at Houston Levee

    9940 Paddle Wheel Dr, Cordova, TN 38016
  • /22

    Starting at $1,445 Per Month

    • 1 - 3 Beds

    8993 Crestwyn Hills Dr, Memphis, TN 38125

    City Place at Germantown Apartments is a hidden gem near Germantown, TN. Nestled between Germantown and Collierville, TN, the community offers beautiful landscapes, and a peaceful retreat from city life while staying connected to urban destinations via Highway 385 and I-72.Choose from our brand new apartment homes, and enjoy a variety of comforts. Our spacious one, two, and three-bedroom floor

    City Place at Germantown Apartments

    8993 Crestwyn Hills Dr, Memphis, TN 38125
  • /190

    Starting at $1,049 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

    775 Melrose St, Memphis, TN 38104
  • /24

    Starting at $525 Per Month

    • Studio - 2 Beds

    567 Jefferson Ave, Memphis, TN 38105

    The Edison offers classic apartment living in the heart of downtown Memphis, just steps from the Medical District and major employers. Located on the trolley line and within walking distance to restaurants, hospitals, and the Bio-Med zone, residents enjoy unmatched convenience in a central location. This established community features a wide variety of floor plans, including 1- and 2-bedroom

    Edison Park

    567 Jefferson Ave, Memphis, TN 38105
  • /63

    Starting at $1,323

    Total Monthly Price

    • 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

    420 Monroe Ave, Memphis, TN 38103
  • /39

    Starting at $1,244 Per Month

    • Studio - 3 Beds

    395 S Highland St, Memphis, TN 38111

    Welcome to Highland Row, where our apartments in Memphis, TN redefine modern living at 395 S Highland St. This sophisticated community offers an exceptional residential experience for students, young professionals, or someone seeking the perfect balance of convenience and style. Discover your next chapter at Highland Row, where luxury meets convenience in Tennessee's most dynamic neighborhood.

    Highland Row

    395 S Highland St, Memphis, TN 38111
  • /34

    Starting at $1,022 Per Month

    • 1 - 3 Beds

    1810 W Wolfchase Cir, Cordova, TN 38016

    At Enclave at Wolfchase, you'll find more than just an apartment—you'll find a community built to fit your needs. Whether you're looking for a cozy retreat or extra space to spread out, our thoughtfully designed floor plans make it easy to find the right home. Conveniently located near shopping, dining, and major employers, our Cordova apartments put everything you need within easy reach.Ready to

    Enclave at Wolfchase

    1810 W Wolfchase Cir, Cordova, TN 38016
  • /18

    Starting at $1,884 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

    6755 Poplar Ave, Germantown, TN 38138
  • /32

    Starting at $1,056 Per Month

    • Studio - 2 Beds

    810 Washington Ave, Memphis, TN 38105

    Brick-lined sidewalks, rooftop sunsets, and the pulse of downtown just outside your door—Iris Luxury Apartments places you in the heart of the city with views worth waking up to. These luxury apartments in Memphis, TN are designed for momentum and comfort, with granite countertops, tile backsplashes, and sleek finishes that make your space feel like your own. You can also lounge poolside on the

    Iris Luxury Apartments

    810 Washington Ave, Memphis, TN 38105
  • /25

    Starting at $1,132 Per Month

    • 1 - 2 Beds

    195 Windover Rd, Memphis, TN 38111

    Welcome to Kiwi Goji, where newly renovated townhomes in East Memphis meet the vibrant energy of Tennessee living. Nestled at 197 Windover Road, this exceptional community offers townhomes alongside modern apartments, creating a perfect blend of comfort and convenient location just moments from downtown Memphis along the well-connected corridors of Poplar Avenue and Walnut Grove Road.

    Kiwi Goji

    195 Windover Rd, Memphis, TN 38111
  • /68

    Starting at $1,136

    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

    100 Riverset Ln, Memphis, TN 38103
  • /10

    Starting at $744

    Total Monthly Price

    • 1 - 3 Beds

    141 N Manassas St, Memphis, TN 38105

    NESTLED BETWEEN MIDTOWN AND DOWNTOWN, OUR HIGH-RISE APARTMENT COMMUNITY PRESENTS AN IDEAL COMBINATION OF CONVENIENCE, COZINESS, AND PRIME LOCATION. THERE IS AN EFFORTLESS ACCESS TO AN ARRAY OF AMENITIES, INCLUDING MASS TRANSIT OPTIONS, THE UT CAMPUS, THE MEMPHIS MEDICAL DISTRICT, CHARMING VICTORIAN VILLAGE, AND BEYOND. WITHIN OUR COMMUNITY, AN ASSORTMENT OF FEATURES AWAITS, SUCH AS CONTROLLED

    Helix at the District - Utilities Included

    141 N Manassas St, Memphis, TN 38105
  • /50

    Starting at $949 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.Also, receive a 1/2 month free off your first full months rent for leases 13 months or longer if you lease today!Welcome to Fielder Square, where historical charm meets modern luxury in the heart of Downtown Memphis. Our apartments for rent in Memphis, TN

    Fielder Square

    70 S 4th St, Memphis, TN 38103
  • /30

    Starting at $800 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

    1550 N Pkwy, Memphis, TN 38112
  • /19

    Starting at $1,050 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

    8293 George Brett Dr, Cordova, TN 38018
  • /23

    Starting at $842 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

    2165 E River Trace Dr, Memphis, TN 38134
  • /19

    Starting at $1,106 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

    6939 Dusty Trail Ln, Memphis, TN 38133
  • /59

    Starting at $999 Per Month

    • Studio - 2 Beds

    1170 Ascend Dr, 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

    1170 Ascend Dr, Memphis, TN 38119
  • /33

    Starting at $805 Per Month

    • 1 - 3 Beds

    3860 Eaglewood Dr, Memphis, TN 38115

    The Boulevard is an attractive community nestled in East Memphis, Tennessee. With your needs in mind, our community was designed to provide you the comfort and convenience you deserve. Living at The Boulevard gives you access to all our city has to offer, combined with all that our community provides. Under new ownership and management, positive changes and renovations are occurring! Between

    The Boulevard

    3860 Eaglewood Dr, Memphis, TN 38115
  • /27

    Starting at $975 Per Month

    • 2 Beds

    3467-3469 Southern Ave, Memphis, TN 38111

    University Crossings

    Southern Place

    3467-3469 Southern Ave, Memphis, TN 38111
  • /20

    Starting at $750 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

    4787 Garden Grove Cove, Memphis, TN 38128
  • /24

    Starting at $1,095 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

    8920 Walnut Grove Rd, Cordova, TN 38018
  • /22

    Starting at $1,195 Per Month

    • 1 - 3 Beds

    7819 Crescent Ridge Cove, Memphis, TN 38133

    Crescent at Wolfchase offers spacious one-, two-, and three-bedroom apartments, some with renovated interiors. A breakfast bar and pantry make the kitchen perfect for entertaining, and you'll love the convenience of an in-home washer and dryer, along with the comfort of central air conditioning and ceiling fans. With a private patio or balcony, you can venture outside, and head to our 1 Month

    Crescent at Wolfchase Apartment Homes

    7819 Crescent Ridge Cove, Memphis, TN 38133
  • /24

    Starting at $916 Per Month

    • 1 - 3 Beds

    2460 Vintage Dr, Cordova, TN 38016

    Welcome to Lincoln at Wolfchase, where every detail is designed to elevate your everyday experience into something truly extraordinary. Imagine starting your mornings with a workout in our state-of-the-art fitness center, spending sun-soaked afternoons by the sparkling pool, and ending your evenings at the poolside grilling cabana with friends and neighbors. Our apartments in Cordova, TN place

    Lincoln at Wolfchase

    2460 Vintage Dr, Cordova, TN 38016
  • /18

    Starting at $1,299 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

    9230 Thornbury Blvd, Memphis, TN 38125
  • /17

    Starting at $878 Per Month

    • 1 - 2 Beds

    6420 Knight Arnold Rd, Memphis, TN 38115

    Embrace a carefree life at The District Apartments. Imbued with all your favorite luxuries, our community redefines your definition of high-end living. Enjoy the comfort of a fully renovated home adorned with everything from upscale amenities to elegant finishes. Add to this a wide array of leisure spaces and you know that every detail of our renovated apartments in East Memphis has been chosen

    The District Apartments

    6420 Knight Arnold Rd, Memphis, TN 38115
  • /36

    Starting at $1,265 Per Month

    • 1 - 3 Beds

    3769 Skipping Stone Trace, Memphis, TN 38125

    Miller Creek at Germantown offers 1-, 2-, and 3-bedroom apartments in the Hickory Hill South neighborhood of Southeast Memphis, Tennessee. These are pet-friendly apartments, welcoming up to two pets per home and offering access to a dog park. Some homes feature upgraded kitchens with granite countertops, tile backsplash, and kitchen islands that blend style and functionality. Select homes offer

    Miller Creek at Germantown Apartments

    3769 Skipping Stone Trace, Memphis, TN 38125
  • /40

    Starting at $860 Per Month

    • 1 - 2 Beds

    6301 Village Grove Dr, Memphis, TN 38115

    The Elevation at Autumn Ridge is a 55+ independent senior living community that offers a caring and courteous staff, welcoming common areas and spacious apartment homes. At Elevation, utilities such as electric, water, cable, trash pick-up, and pest control are all included in your monthly rent meaning that you only have to worry about living your best life in one of the top affordable living

    The Elevation at Autumn Ridge

    6301 Village Grove Dr, Memphis, TN 38115
  • /77

    Starting at $1,292

    Total Monthly Price

    • Studio - 2 Beds

    1835 Union Ave, Memphis, TN 38104

    Welcome to The Citizen, your vibrant hub in the heart of Midtown Memphis! As you step into our community, you'll discover more than an apartment complex; you'll uncover a place that's bursting with life, warmth, and a truly modern spirit. Dive into our varied selection of studio, one, and two-bedroom apartments, each equipped with sleek stainless-steel appliances, in-unit washers/dryers, stylish

    The Citizen Apartments

    1835 Union Ave, Memphis, TN 38104
  • /34

    Starting at $1,115 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

    8037 Waterford Cir, Memphis, TN 38125
  • /44

    Starting at $1,279 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

    7841 N Garden Manor Dr, Memphis, TN 38125
  • /33

    Starting at $1,038 Per Month

    • 1 - 2 Beds

    8056 Country Squire Ln, Cordova, TN 38018

    Escape the post-work slump at The View at Shelby Farms! We're minutes from the epic outdoor adventures of Shelby Farms Park – hiking, biking, kayaking, you name it! But first, unwind in your spacious 1 or 2-bedroom apartment. Think movie marathons on plush couches and room to breathe. Plus, we've got everything you need to recharge and connect: a state-of-the-art fitness center, a sparkling pool,

    The View at Shelby Farms

    8056 Country Squire Ln, Cordova, TN 38018
  • /42

    Starting at $926 Per Month

    • Studio - 3 Beds

    99 N Main St, Memphis, TN 38103

    Rising 25 stories high in the downtown Memphis sky, Indigo Riverview Apartments offers unparalleled views and a centralized location near the University of Memphis Law School and the Memphis Medical District. Our facilities include a new resident lounge, theater and game room, and fitness center. Our spacious floor plans include updated interiors, private patios/balconies. Residents also have

    Indigo Riverview

    99 N Main St, Memphis, TN 38103
  • /29

    Starting at $1,050 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

    640 Rouge Bluff Rd, Memphis, TN 38127

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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 $1,390 per month, though prices vary by neighborhood, size, and property type. As of July 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 $55,600 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 $1,390 per month in Memphis, TN, renters typically need to show $4,170 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 12.2, 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 Orange Mound, Chickasaw Gardens, Cooper-Young, East Memphis and Southeast Memphis, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1,982
Median Rent
$1,390
Median Single Family Home Rent
$1,445
Median Townhouse Rent
$1,600
Median Condo Rent
$1,150
How to Rent a Home