4 Bedroom Apartments for Rent in Memphis, TN (283 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

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property at 716 Loeb St

716 Loeb St

MemphisTN38111

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Memphis, TN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Memphis 4 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: May 19, 2025

There are currently 664 available 4 Bedroom apartment units from neighborhoods all over Memphis, TN that range in price from $599 to $6,630. Northeast Memphis, Southeast Memphis and Cordova-Appling are the neighborhoods that currently have the most 4 Bedroom availability. Here is today's list of the top neighborhoods in Memphis with the most available 4 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Northeast Memphis84$2,150$1,550
Southeast Memphis67$1,845$599
Cordova-Appling46$2,170$1,675
Bartlett39$2,035$1,570
Hickory Ridge-South Riverdale37$1,812$1,199
Oakhaven35$1,692$1,199
Hickory Hill24$1,199$1,199
Southern Shelby County22$2,030$1,585
Germantown21$2,145$1,550
Rockcreek Colonial19$2,282$1,825

Largest Available Memphis 4 Bedroom Apartments

The largest available 4 Bedroom apartment unit in Memphis, TN is found at Cane Creek Apartments in the South Memphis neighborhood and is 1,640 square feet priced from $1,150. Emerald Square in the Oakhaven neighborhood has the second largest 4 Bedroom, which is sized at 1,600 square feet and currently listed start at $1,199. Here is today’s list of the largest available 4 Bedroom units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
Cane Creek Apartments4 BED TOWNHOME1,640 Sq Ft$1,150
Emerald Square4 bedroom 2.5 bathroom1,600 Sq Ft$1,199
Crockett Park Place4 Bedroom Townhome1,600 Sq Ft$790
Chapel Place Homes4BR1,460 Sq Ft$1,031
Springdale Creek Apartments4 Bedroom1,300 Sq Ft$1,100

Cheapest Available Memphis 4 Bedroom Apartments

As of May 19, 2025 the lowest priced 4 Bedroom apartment unit in Memphis, TN is the 4 Bedroom Townhome Model starting from $790 at Crockett Park Place in the Frayser neighborhood. The second most affordable Memphis 4 Bedroom is the 4 Bedroom, 2 Bathroom Model at New Horizon - Kingsgate starting at $950 in the South Memphis neighborhood. The average price for all 4 Bedroom apartments in Memphis is currently $1,981. Here is today’s list of the cheapest available 4 Bedroom options in Memphis:

Apartment ListingModel NamePriced From
Crockett Park Place4 Bedroom Townhome$790
New Horizon - Kingsgate4 Bedroom, 2 Bathroom$950
Springdale Creek Apartments4 Bedroom$1,100
Cane Creek Apartments4 BED TOWNHOME$1,150
Chapel Place Homes4BR$1,166
Emerald Square4 bedroom 2.5 bathroom$1,199
Element at Midtown4 Bed, 2 Bath$1,700

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Memphis Overview

Memphis, Tennessee is a place where you can feel lost in time, surrounded by rich history and the roots of some of today’s most popular music. Southern hospitality and tradition combine with modern comfort and a sense of belonging in Tennessee’s largest city, which still manages to retain the quiet charms of simple living. From the vibrant neighborhoods of Downtown Memphis to the majestic Mississippi River, there is no shortage of variety to be found by people staying in apartments in Memphis. Also, you can’t visit this sunny getaway without trying some legendary Memphis barbecue.

Why live in Memphis, TN?

The endless possibilities in Memphis make it a city that is difficult to define. There are museums and historical sites that will satisfy anyone seeking to learn about the rich history of the south and the civil rights movement. The plentiful parks and trails can keep active nature lovers happy, and there’s no shortage of sights for music aficionados interested in the origins of the classics. Between the countless animals at the Memphis Zoo, the mouthwatering soul food and barbecue that’s always in easy reach, and the minor league stadium where you can watch the Memphis Redbirds in action, Memphis is a city that comes equipped with everything you might want to experience. No matter who you find your apartment in Memphis, you're bound for adventure.

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

Explore Memphis, TN Rentals by Map

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See the most popular apartments and homes in Memphis, TN

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Getting Around Memphis, TN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

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 Memphis

How much are Studio apartments in Memphis?

There are currently 115 Studio Apartments in Memphis with rent ranges from $560 to $8,000 with an average price of $1,177.

What is the current price range for One Bedroom Memphis Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Memphis ranges from $200 to $6,186 with an average monthly rent of $1,286.

What does renting a Two Bedroom Apartment in Memphis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $499 to $6,987. Today's average rental price for Two Bedrooms here is $1,421.

How expensive are Memphis Three Bedroom Apartments?

There are currently 339 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $740 to $7,240 - averaging $1,799 for the location.

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

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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

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Navigating the Rental Market: Tips for First-Time Renters

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

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.