Cheap Studio Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN from $560 (21 Rentals)

Uptown Square Apartments

National Rose Co.

South Line at Central Station

South Junction Apartments

The Tennessee Brewery

The Landing Residences

Lofts at Union Alley
Downtown Memphis, Memphis, TN Local Guide

How much does it cost to rent an apartment in Downtown Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Memphis Studio Apartments | $1,262 | $560 | $3,974 |
Downtown Memphis 1 Bedroom Apartments | $1,541 | $525 | $5,330 |
Downtown Memphis 2 Bedroom Apartments | $1,999 | $795 | $8,257 |
Downtown Memphis 3 Bedroom Apartments | $2,446 | $975 | $3,950 |
Downtown Memphis 4 Bedroom Apartments | $3,495 | $3,495 | $3,495 |
Explore Memphis
Downtown Memphis, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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.
Frequently Asked Questions about Cheap Downtown Memphis Apartments
What is the Cheapest Studio apartment in Downtown Memphis?
Currently the most affordable Cheap Studio Apartment in Downtown Memphis is at Edison Park listed at $765.
How much is rent for a Cheap One Bedroom Downtown Memphis Apartment?
The lowest price for a Cheap One Bedroom Downtown Memphis Apartment is $765 at Edison Park.
What is the lowest price for a Cheap Two Bedroom Downtown Memphis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Memphis is starting from $765 at Edison Park.
What is the most affordable Downtown Memphis Three Bedroom Apartment?
The best deal on a cheap Downtown Memphis Three Bedroom Apartment rental is at Edison Park and starts from $765.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.