Homes for Rent in Memphis, TN(1,484 Rentals)

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3468 Kirby Terrace Dr
$1,2503 Bedroom, 2 Bath Home for RentAvailable Now

3468 Kirby Terrace Dr

Memphis, TN 38115
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802 Pecan Gardens Cir W
$1,4003 Bedroom, 2 Bath Home for RentAvailable Now

802 Pecan Gardens Cir W

Memphis, TN 38122
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2416 Rozelle St
$1,6003 Bedroom, 3 Bath Home for RentAvailable Now

2416 Rozelle St

Memphis, TN 38114
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1062 Sheridan St
$1,9003 Bedroom, 2 Bath Home for RentAvailable Jan 3, 2025

1062 Sheridan St

Memphis, TN 38107
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1436 Island Town Cove
$2,8503 Bedroom, 3 Bath Home for RentAvailable Now

1436 Island Town Cove

Memphis, TN 38103
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1544 Court Ave
$3,9955 Bedroom, 3 Bath Home for RentAvailable Now

1544 Court Ave

Memphis, TN 38104
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Memphis, TN Local Guide

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Written By:
Amanda Delgado
Local Guide Expert

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Memphis Overview

Memphis is the second largest metro area in Tennessee and a major music city. It’s home to rock, soul, and blues, making it a great home for music lovers! But that’s not all it offers. Memphis also tons of other kinds of entertainment, along with good employers, great schools, and lots of outdoor activities. What else makes this city such an amazing place to live? Memphis has an affordable cost of living, wonderful weather, and reasonable commutes. It’s close to several highways. And it’s just a few hours away from all the sights and sounds of Nashville.

What is the history of Memphis?

Do you know where Memphis got its name? This southern city, which dates back to 1819, was named for the capital of Ancient Egypt. While Egypt has the Nile River, the Mississippi River flows through Memphis, TN. The city started out as a trading center, mainly for cotton. Over time, it became the site of the largest cotton and hardwood lumber markets in the world. Memphis was also an important city during the 1960s’ Civil Rights Movement. In the early to mid-20th century, it became home to blues, soul, rock, and other musical genres. World-famous musicians, like B.B. King and Roy Orbison, performed or recorded music here.

How is the weather in Memphis?

Thinking of looking into homes for rent in Memphis? If so, you can look forward to some great weather! The average highs in summer are in the high 80s to low 90s. In winter, temperatures usually reach the 50s during the day and drop to the 30s at night. Those are fairly mild temps to enjoy all year round. Memphis has all four seasons. Leaves change in fall, spring flowers bloom, and there’s a chance of getting a bit of snow in winter. What about rain? Memphis has plenty of sunny days overall, but spring and fall can be rainy.

How do I get around town?

When you’re exploring Memphis rental homes, making sure you’ll be able to get around ok is important. Having a car makes it easy to travel around this sprawling city. But cars aren’t the only way to get around. You can ride your own bike or use a local bike-share program. Taxis are another option, especially in the downtown area near Beale Street. Interested in public transportation options? The Memphis Area Transit Authority provides vintage trolley and bus service throughout the city. Heading out of town? Memphis International Airport, Greyhound’s Memphis Bus Station, and Amtrak’s Central Station can get you where you need to go. All of these are conveniently located in the downtown area.

Why live in Memphis, TN?

Why should you look for Memphis rentals for your next home? If you’re a music fan, you’ll love visiting Graceland, Stax Muslim of American Soul Music, and the Memphis Rock ’N Roll Museum. For shopping, dining, and entertainment, you’ve got tons of options along Beale Street in downtown. With Nashville being a few hours away, you can enjoy day trips. Or explore more places along the Mississippi River in neighboring states, like Mississippi and Arkansas. Memphis also has several major employers in transportation, healthcare, manufacturing, and other industries. Combine all of these benefits with an affordable cost of living, and it’s no wonder that Memphis is among the top places to live!

What Memphis landmarks should I see?

Graceland might just be the most famous landmark in Memphis, but it’s not the only one. Head to the National Civil Rights Museum and the Slave Haven Underground Railroad Museum to learn more about local history. Visit Sun Studio, known as the “Birthplace of Rock ’N Roll.” And make plans to see Stax Museum, the original home of Satellite Records. What other landmarks are a must-see in Memphis? Visit the Peabody, a historic hotel in the downtown area, for upscale dining. Spend time in the Victorian Village, which features several mansions from the 1800s.

What is there to do around Memphis?

Looking for Memphis homes for rent means you’ll have easy access to many exciting attractions and activities. See more than 3,500 animals at the Memphis Zoo, including tigers, elephants, and sloths. Stroll along Beale Street, known as the “Home of the Blues.” This famous street is filled with restaurants, concert halls and music venues, bars, shops, and much more. Visit the Memphis Botanic Gardens or Shelby Farms Park to enjoy the outdoor air and sunshine. Go kayaking on the Mississippi River. Or explore hiking trails in nearby Shelby Forest State Park.

Where is the best place to move in Memphis?

Knowing where to look for rental homes in Memphis can be tough. Which are the best neighborhoods for renters? Cordova in eastern Memphis offers a quieter place that’s still close to downtown. It’s got great schools, outdoor nature centers, and more. East Memphis has lower costs overall. This area also has plenty of amenities, including parks and restaurants. Midtown is a busier neighborhood for those who want to be closer to all the action. Whitehaven puts you close to Graceland and conveniently near I-55 and I-240 for easy commuting.

Memphis, TN
Population: 650,618

Ranked #26

in US Census Population by City

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Pet Friendly Lifestyle
Memphis, TN

Ranked #2

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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

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Frequently Asked Questions about Memphis

What type of rentals are currently available in Memphis?

There are currently 1620 Apartments for Rent in Memphis, TN with pricing that ranges from $305 to $7,100. There are also 1484 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $550 to $6,999.

What is the current price range for Rental Homes in Memphis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Memphis ranges from $550 to $6,999 with an average monthly rent of $1,974.

How much are larger Three and Four Bedroom Rentals in Memphis?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Memphis range from $305 to $7,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $849 to $4,000. Four Bedroom Single-Family rentals are also available starting from $984 and Four Bedroom Apartments start at $599.

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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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.

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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.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.