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Apartments Near University of Memphis

1 - 30 of 625 Results
7
$750
University Flats
3459 Southern Ave Ofc Memphis, TN
2 BR | Available Now
0.6 miles from center of campus
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Dog Friendly
Cat Friendly
Disability Access
6
$1,150
3605 Mynders Ave
Memphis, TN
2 BR | Available Now
0.3 miles from center of campus
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Disability Access
Dishwasher
1
$600
Walker Apartments
3606 Walker Ave Memphis, TN
1 BR | Available Now
0.3 miles from center of campus
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Dog Friendly
Cat Friendly
1
$975
Move In Special $250 Off First Months Rent!! Awesome Home For Rent Available Now!!
1139 Goodman RD Memphis, TN
2 BR | Available Now
0.4 miles from center of campus
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1
$795
Imperial Arms
3636-3646 Spottswood Ave Memphis, TN
1 BR | Available Now
0.4 miles from center of campus
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Dog Friendly
Cat Friendly
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0
$1,750
Darling Charmer With 3 Beds And 2 Baths Near The U Of M.
3539 Watauga Ave Memphis, TN
3 BR | Available Now
0.4 miles from center of campus
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House
1
$1,075
3784 Kearney
Memphis, TN
2 BR | Available Now
0.4 miles from center of campus
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Dog Friendly
Cat Friendly
House
Dishwasher
9
$1,195
616 Shotwell St
Memphis, TN
3 BR | Available Now
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
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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
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Heat Included
Furnished
Student
Covered Parking
In Unit Laundry
1
$850
3602- 3616 Spottswood
Memphis, TN
1 BR | Available Now
0.5 miles from center of campus
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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
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In Unit Laundry
Balcony/Deck/Patio
Dishwasher
1
$650
1 Bed, 1 Bath With Washer And Dryer Near U Of M
3781 Kearney St Memphis, TN
1 BR | Available Now
0.5 miles from center of campus
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House
1
$1,795
Fabulous Updated Kitchen With 3 Bed 1 Bath Near U Of M
3735 Kearney St Memphis, TN
3 BR | Jan. 1, 2025
0.5 miles from center of campus
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House
Disability Access
3
$699
Mimosa Gardens
461 S Highland St Memphis, TN
2 BR | Available Now
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
Townhome
Storage
1
$850
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
1
$1,295
3 Bed, 1 Bath Near The University Of Memphis
670 Shotwell St Memphis, TN
3 BR | Available Now
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
House
Air Conditioning
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0
$945
Move In Ready - Cute 2 Bedroom In East Memphis
3591 Kearney Ave Memphis, TN
2 BR | Available Now
0.6 miles from center of campus
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House
1
$735
490 Ellsworth
Memephis, TN
1 BR | Available Now
0.6 miles from center of campus
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Dog Friendly
Cat Friendly
House
Storage
1
$1,150
3526 Spottswood Ave
Memphis, TN
2 BR | Ask for Availability
0.6 miles from center of campus
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1
$1,450
Charming 3 Bed, 2 Bath Home Near U Of M
3565 Kearney Ave Memphis, TN
3 BR | Available Now
0.6 miles from center of campus
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House
Dishwasher
9
$2,400
3484 Central Ave Unit 3484
Memphis, TN
4 BR | Available Now
0.6 miles from center of campus
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Dog Friendly
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Storage
Dishwasher
0
$1,695
4 Bedroom, 2 Bath Near The University Of Memphis
588 Watson St Memphis, TN
4 BR | Available Now
0.6 miles from center of campus
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Dog Friendly
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Dishwasher
1
$2,095
Spacious 3-bedroom, 2-bath Home With A Bonus Room!
551 S Goodlett St Memphis, TN
3 BR | Jan. 1, 2025
0.6 miles from center of campus
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House
Dishwasher
11
$1,775
284 West Central Park Street, Unit 3
Memphis, TN
2 BR | Available Now
0.6 miles from center of campus
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Dog Friendly
Cat Friendly
Storage
Dishwasher
1
$1,295
3432 Pruett Ct
Memphis, TN
2 BR | Available Now
0.7 miles from center of campus
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House
0
$1,025
661 Watson (duplex)
661 Watson St Memphis, TN
2 BR | Available Now
0.7 miles from center of campus
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Dog Friendly
House
Dishwasher
22
$2,000
3549 Carnes Ave
Memphis, TN
4 BR | Available Now
0.7 miles from center of campus
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
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
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Dog Friendly
Cat Friendly
Townhome
Air Conditioning
In Unit Laundry
13
$1,450
3583 Douglass Ave
Memphis, TN
3 BR | Available Now
0.7 miles from center of campus
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Dog Friendly
Cat Friendly
House
1
$1,795
4 Bedroom, 2 Bathroom Near Park & Goodlett
795 Loeb St Memphis, TN
4 BR | Available Now
0.7 miles from center of campus
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Dog Friendly
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Dishwasher
1 - 30 of 625 Results
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Frequently Asked Questions

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

Rentable.co has over 19,816 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 $1,130 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 $1,000 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 $1,200 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 $1,200 per month, which is lower than the national average of $1,600 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 $45,000 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:
December Rent Report

Welcome to the December 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Memphis Rent Prices Increase From November to December

Memphis rent prices increased over the last month. From November to December, the city experienced a 2.36% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $1,039.0.

When we take a look at the two-bedroom comparison from November to December, Memphis experienced a 1.93% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,159.0.

December Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Southaven, MS
Collierville, TN
Horn Lake, MS
Memphis, TN
Marion, AR
$1,579
$1,402
$1,368
$1,368
$1,340
$1,015
$825
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have increased 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 2 of the Memphis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Southaven, MS, Germantown, TN .

  • Rent decreased in Cordova, TN, Horn Lake, MS, Collierville, TN, Marion, AR.

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

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

December 2024 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Memphis, TN
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$1,015
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Memphis Rent Prices More Affordable Than Major Cities

Rent growth in Memphis over the past year has been on the rise. 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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Memphis, TN $1,015.0 1.91% $1,137.0 1.70%
Cordova, TN $1,402.0 -0.43% $1,580.0 -0.63%
Southaven, MS $1,368.0 6.29% $1,463.0 3.83%
Horn Lake, MS $1,340.0 -0.52% $1,450.0 -0.27%
Collierville, TN $1,368.0 -0.65% $1,627.0 -0.43%
Marion, AR $825.0 0.00% $1,046.0 -1.23%
Germantown, TN $1,579.0 0.51% $1,778.0 -4.61%

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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