Homes for Rent in Memphis, TN (1,460 Rentals)

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property at 119 S Greer St

119 S Greer St

MemphisTN38111
property at 2449 Chiswood St

2449 Chiswood St

MemphisTN38134
property at 939 Bruce St

939 Bruce St

MemphisTN38104
property at 2755 Union Ave

2755 Union Ave

MemphisTN38111
property at 754 Crockett St

754 Crockett St

MemphisTN38107
property at 1544 Court Ave

1544 Court Ave

MemphisTN38104

Memphis, TN Local Guide

Photo of Amanda  Delgado - Local Guide Expert
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.

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

Explore Memphis, TN Rentals by Map

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Frequently Asked Questions about Memphis

What type of rentals are currently available in Memphis?

There are currently 1905 Apartments for Rent in Memphis, TN with pricing that ranges from $200 to $12,640. There are also 1460 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $595 to $7,997.

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 $595 to $7,997 with an average monthly rent of $2,073.

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 $789 to $8,037, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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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.

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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.

decorative image for Signing Your Apartment Lease: The Basics article

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.