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Apartments Near University of Memphis

1 - 30 of 446 Results
21
$751 - 2,077
The Junction
3341 Southern Ave Memphis, TN
Studio - 2 BR | Available Now
0.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
5
$800 - 1,000
3609 Mynders Ave
Memphis, TN
1 - 2 BR | Available Now
0.3 miles from center of campus
Contact
Disability Access
Dishwasher
2
$845 - 900
U Of M Area~~
592-600 Patterson St Memphis, TN
1 - 2 BR | Available Now
0.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
7
$995
611 Patterson
Memphis, TN
2 BR | May. 27, 2024
0.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
12
$1,000
3566 Bristerwood
Memphis, TN
2 BR | Available Now
0.4 miles from center of campus
Contact
Air Conditioning
Storage
Disability Access
Dishwasher
1
$850 - 1,025
3636-3646 Spottswood Ave
Memphis, TN
2 - 3 BR | Available Now
0.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
8
$700
3580 BRISTERWOOD
Memphis, TN
1 BR | Available Now
0.4 miles from center of campus
Contact
Dishwasher
2
$1,100
3770 Kearney Ave
Memphis, TN
2 BR | Jun. 14, 2024
0.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Surface Parking
Storage
13
$559 - 1,139
PER ROOM
& UNIT
The Stratum On Highland
Deal
2.9
510 S Highland St Memphis, TN
Studio - 4 BR | Available Now
0.5 miles from center of campus
Contact
Heat Included
Furnished
Student
Covered Parking
In Unit Laundry
2
$795 - 925
3602- 3616 Spottswood
Memphis, TN
1 - 2 BR | Available Now
0.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
7
$750
Woodtrail Apartments
3602 Spottswood Memphis, TN
2 BR | Available Now
0.5 miles from center of campus
Contact
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
3
$699
Mimosa Gardens
461 S Highland St Memphis, TN
2 BR | Available Now
0.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Townhome
Storage
15
$925
U Of M Area! Fully Renovated One Bedroom Apartments Now Available!
461 S Highland St Memphis, TN
1 BR | Available Now
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
Surface Parking
Storage
0
$1,195
736 Echles St
Memphis, TN
2 BR | Ask for Availability
0.5 miles from center of campus
Contact
8
$995
3558 Kearney Ave
Memphis, TN
2 BR | Available Now
0.6 miles from center of campus
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House
0
$1,295
3635 Carnes Ave
Memphis, TN
2 BR | Ask for Availability
0.6 miles from center of campus
Contact
8
$850
743 Shotwell St Unit 2
Memphis, TN
1 BR | Available Now
0.6 miles from center of campus
Contact
Air Conditioning
8
$1,950
743 Shotwell St Unit Main
Memphis, TN
3 BR | Available Now
0.6 miles from center of campus
Contact
Air Conditioning
6
$850
743 Shotwell St Unit 1
Memphis, TN
1 BR | Available Now
0.6 miles from center of campus
Contact
Air Conditioning
7
$1,750
295 W Central Park St Unit 2
Memphis, TN
2 BR | Available Now
0.6 miles from center of campus
Contact
Dishwasher
17
$1,199
3804 Marion
Memphis, TN
2 BR | Available Now
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
21
$1,350 - 1,800
Kiwi and Goji
Deal
197 Windover Road #9 Memphis, TN
1 - 3 BR | Available Now
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
In Unit Laundry
22
$1,375
3624 Marion Ave
Memphis, TN
3 BR | May. 10, 2024
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
9
$1,100
Spottswood Manor Townhomes
Spottswood Manor Dr Memphis, TN
2 BR | Available Now
0.8 miles from center of campus
Contact
16
$1,095
766 Watson St
Memphis, TN
3 BR | Available Now
0.8 miles from center of campus
Contact
House
29
$6,500
4171 Poplar Ave
Memphis, TN
5 BR | Available Now
0.8 miles from center of campus
Contact
Dog Friendly
House
13
$999
756 Prescott
Memphis, TN
2 BR | Available Now
0.9 miles from center of campus
Contact
House
Storage
9
$750
3471 Douglass Ave
Memphis, TN
2 BR | Available Now
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
18
$2,200
581 Alexander St
Memphis, TN
3 BR | Available Now
0.9 miles from center of campus
Contact
Dog Friendly
House
Storage
Dishwasher
18
$1,450
3431 Douglass Ave
Memphis, TN
4 BR | Available Now
0.9 miles from center of campus
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House
1 - 30 of 446 Results
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Frequently Asked Questions

How many apartments are available in Memphis, TN on Rentable.co?

Rentable.co has over 19,769 apartments available in Memphis.

What is the average rent for a studio apartment in Memphis, TN?

The average rent for a studio apartment in Memphis is around $890 per month.

What is the average rent for a one-bedroom apartment in Memphis, TN?

The average rent for a one-bedroom apartment in Memphis is around $940 per month.

What is the average rent for a two-bedroom apartment in Memphis, TN?

The average rent for a two-bedroom apartment in Memphis is around $1,080 per month.

How expensive is it to rent an apartment in Memphis, TN?

For a two-bedroom apartment in Memphis, the average rent price is $1,080 per month, which is lower than the national average of $1,630 per month.

Can I afford an apartment for rent in Memphis, TN?

Based on average rent prices in Memphis, to afford a studio apartment you would need an annual household income of $36,000 to live comfortably.

University of Memphis

Memphis is a great city to live in with lots of great apartments near University of Memphis to choose from. But when you're searching for a new rental it can difficult to sift through all of the listings on the web or walk the streets to find places in the area that you're looking for.

That's exactly why Rentable exists. We gather listings from all over the web and we add new properties every day. And we do all this just so we can make sure that you've got the freshest list of University of Memphis apartments to choose from!

Memphis:
April Rent Report

Welcome to the April 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Memphis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Memphis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Memphis average rent prices in the chart below.

Monthly Rent Report

$1,250
$940
$630
$310
$0
Mar. 2023
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
1 BR       2 BR

Memphis Rent Prices Decrease From March to April

Memphis rent prices decreased over the last month. From March to April, the city experienced a -0.62% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $959.0.

When we take a look at the two-bedroom comparison from March to April, Memphis experienced a -0.09% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,074.0.

April Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Walls, MS
$1,545
$1,478
$1,397
$1,303
$1,270
$958
$785
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have decreased in Memphis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Memphis suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Cordova, TN, Collierville, TN, Horn Lake, MS, Germantown, TN .

  • Rent decreased in Southaven, MS, Walls, MS.

  • 5 suburbs are currently priced higher than the city of Memphis.

  • 1 suburb is currently priced lower than the city of Memphis.

April 2024 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Memphis, TN
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$958
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Memphis Rent Prices More Affordable Than Major Cities

Rent growth in Memphis over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Memphis average rent prices appear to be relatively affordable for local residents.

The price for a Memphis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Memphis and surrounding area rent prices, take a look at the complete data set below.

Data set for Memphis and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Memphis, TN $958.0 -0.10% $1,070.0 -0.37%
Southaven, MS $1,270.0 -2.76% $1,437.0 1.70%
Cordova, TN $1,478.0 0.68% $1,634.0 -0.55%
Collierville, TN $1,397.0 3.02% $1,632.0 0.06%
Horn Lake, MS $1,303.0 1.40% $1,435.0 1.70%
Germantown, TN $1,545.0 0.07% $1,835.0 0.00%
Walls, MS $785.0 -9.98% $1,053.0 -0.38%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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