Cheap Apartments for Rent in the Medical District Memphis, TN from $300 (29 Rentals)
Cheap Apartments in the Medical District area of Memphis.

The PULSE Apartments-Utilities included

Overton Place

Helix at the District

Uptown Square Apartments

1270 Overton Park Ave

628 Madison Ave

Crescendo Apartments

Linden Yards Apartments
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.

Azur Tower

Eleven60

Cleaborn Pointe at Heritage Senior Apartments
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Medical District, Memphis, TN Local Guide

How much does it cost to rent an apartment in Medical District?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Medical District Studio Apartments | $1,243 | $560 | $4,338 |
Medical District 1 Bedroom Apartments | $1,517 | $525 | $6,973 |
Medical District 2 Bedroom Apartments | $1,710 | $825 | $7,312 |
Medical District 3 Bedroom Apartments | $2,128 | $975 | $4,467 |
Medical District 4 Bedroom Apartments | $2,100 | $2,100 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 1 mile radius of the Medical District Neighborhood of Memphis, TN.
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Medical District, Memphis, TN Local Guide
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Cheapest Available Medical District Apartments for Rent
 The cheapest available apartment rental in the Medical District area of Memphis, TN is a Studio unit found at Overton Place priced from $725. Helix at the District has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Medical District apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Overton Place | Studio | Studio,1BA | $725 |
Helix at the District | 1S | 1BR,1BA | $750 |
Edison Park | One Bedroom Garden South | Studio,1BA | $825 |
Central Gardens | One Bedroom One Bath Elevator | 1BR,1BA | $825 |
628 Madison Ave | Small Studio | Studio,1BA | $850 |
Crescendo Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
The Courts Midtown | The Evergreen with W/D | Studio,1BA | $876 |
Linden Yards Apartments | Two Bedroom | 2BR,1BA | $880 |
Peabody Village | 2 Beds, 1 Baths | 2BR,1BA | $895 |
Eleven60 | Midtown Standard | 2BR,1BA | $899 |
Best Value Apartments for Rent in Medical District, TN
As of May 02, 2025 the best value apartment in the Medical District area is the $0.85 price per square foot 1229 Vinton Ave Model at 1229 Vinton Ave, Unit 1 in the in the Medical District neighborhood starting from $1,150. The second greatest value Medical District apartment is the 2 bd / 2 ba Model at 628 Madison Ave starting at $1,350 with a $1.35 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Medical District apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1229 Vinton Ave, Unit 1 | 1229 Vinton Ave | 2BR,1BA | $0.85 |
628 Madison Ave | 2 bd / 2 ba | 2BR,2BA | $1.35 |
Legends Park Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.30 |
Linden Yards Apartments | Two Bedroom | 2BR,1BA | $0.97 |
Eleven60 | Midtown Upgrade | 2BR,1BA | $1.27 |
Edison Park | Two Bedroom High-Rise | Studio ,1BA | $1.20 |
Forum Flats | 1 Bedroom One Bathroom 1-A Type B-60% | 1BR,1BA | $1.31 |
Crescendo Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.39 |
Helix at the District | 1S | 1BR,1BA | $1.36 |
Overton Place | Studio | Studio ,1BA | $1.42 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMedical District, Memphis, TN
Ranked #31
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
Our team compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States, including Memphis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, transit availability, pet-friendly communities, features that make it easier to raise kids, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Medical District Neighborhood in Memphis, TN
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
44 / 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 Cheap Medical District Apartments
What is a cheap apartment in Medical District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Medical District is under $899.
What is the price of a cheap apartment in Medical District?
The cheapest apartment in Medical District is Helix at the District which is listed at $750, while the average apartment in Medical District costs $13,410.
What types of apartments are the cheapest in Medical District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 32 regular apartments in Medical District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Medical District?
Cheap apartments in Medical District have an average cost of $196 which is $13,214 cheaper than the average rent for all rentals in Medical District.
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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Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.