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

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Cheap Apartments in the Medical District area of Memphis.

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.

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321 Pauline St
1 to 2 Bedroom Apartments

321 Pauline St

321 Pauline StMemphis, TN 38104
  • Utilities Included
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230 Cochran St
2 Bedroom Apartments

230 Cochran St

230 Cochran StMemphis, TN 38105
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Peach Apartments
1 Bedroom Apartments

Peach Apartments

1330 Peach AveMemphis, TN 38104
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SoMa 23
Studio to 2 Bedroom Apartments

SoMa 23

23 S Pauline StMemphis, TN 38104

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Kimbrough Towers
1 to 3 Bedroom Apartments

Kimbrough Towers

172 Kimbrough PlMemphis, TN 38104
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Caprice
2 Bedroom Apartments

Caprice

1259 Harbert AveMemphis, TN 38104
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Pontotoc Gardens
3 Bedroom Apartments

Pontotoc Gardens

537-539 Pontotoc AveMemphis, TN 38126
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The Courts Midtown
Studio to 1 Bedroom Apartments

The Courts Midtown

1391 Court AveMemphis, TN 38104
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Forum Flats
1 to 3 Bedroom Apartments

Forum Flats

441 E Pontotoc AveMemphis, TN 38126
  • Utilities Included

Medical District, Memphis, TN Local Guide

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 ListingModel NameBed/BathPriced From
Overton PlaceStudioStudio,1BA$725
Helix at the District1S1BR,1BA$750
Edison ParkOne Bedroom Garden SouthStudio,1BA$825
Central GardensOne Bedroom One Bath Elevator1BR,1BA$825
628 Madison AveSmall StudioStudio,1BA$850
Crescendo Apartments1 Bed 1 Bath1BR,1BA$875
The Courts MidtownThe Evergreen with W/DStudio,1BA$876
Linden Yards ApartmentsTwo Bedroom2BR,1BA$880
Peabody Village2 Beds, 1 Baths2BR,1BA$895
Eleven60Midtown Standard2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1229 Vinton Ave, Unit 11229 Vinton Ave2BR,1BA$0.85
628 Madison Ave2 bd / 2 ba2BR,2BA$1.35
Legends Park Apartments2 Bedroom Townhouse2BR,1.5BA$1.30
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
Eleven60Midtown Upgrade2BR,1BA$1.27
Edison ParkTwo Bedroom High-RiseStudio ,1BA$1.20
Forum Flats1 Bedroom One Bathroom 1-A Type B-60%1BR,1BA$1.31
Crescendo Apartments1 Bed 1 Bath1BR,1BA$1.39
Helix at the District1S1BR,1BA$1.36
Overton PlaceStudioStudio ,1BA$1.42

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Pet Friendly Lifestyle
Medical District, Memphis, TN

Ranked #31

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

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

Written by: Brandie Parton

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

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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Renting Smart: Lease Basics Every Renter Needs

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.