1 Bedroom Apartments for Rent in Memphis, IN (24 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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Showing Results 1-24, Page 1 of 1

Memphis, IN Local Guide

Largest Available Memphis and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Memphis, IN is found at The Commons Apartments in the Southern Indiana neighborhood and is 1,031 square feet priced from $1,384. Lakeside Gardens has the second largest 1 Bedroom, which is sized at 819 square feet and currently listed start at $1,167. Here is today’s list of the largest available 1 Bedroom units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
The Commons Apartments1 BEDROOM LARGE1,031 Sq Ft$1,384
Lakeside Gardens1 bed, 1 bath819 Sq Ft$1,167
The Slate1 bed, 1 bath819 Sq Ft$1,195
Arbour Place Apartments1 Bed, 1 Bath819 Sq Ft$1,330
The Warren Apartments1 Bed, 1 Bath819 Sq Ft$1,270

Cheapest Available Memphis and Nearby 1 Bedroom Apartments

As of May 10, 2025 the lowest priced 1 Bedroom apartment unit in Memphis, IN is the Standard Model starting from $200 at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood. The second most affordable Memphis 1 Bedroom is the The Princess. Model at Colonial Village Apartments starting at $990 . The average price for all 1 Bedroom apartments in Memphis is currently $1,298. Here is today’s list of the cheapest available 1 Bedroom options in Memphis:

Apartment ListingModel NamePriced From
Yellowwood Terrace Affordable Senior HousingStandard$200
Colonial Village ApartmentsThe Princess.$990
Stonebridge ApartmentsSecond Floor 1Bed/1Bath$995
Heritage SquareOne Bedroom$1,115
Lakeside Gardens1 bed, 1 bath$1,167

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Memphis, IN

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

24 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about 1 Bedroom Memphis Apartments

How much is the average rent for a 1 Bedroom Memphis Apartment?

The average rent for a 1 Bedroom Apartment in Memphis is $1,298.

What is the largest available 1 Bedroom Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 1,031 square feet unit starting from $1,384 at The Commons Apartments.

What is the average size for Memphis 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Memphis is currently 737 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The 10 Best Affordable Neighborhoods for Renting in Louisville, KY

Written by: Mike Heuer

Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.