
Cheap Homes for Rent in Midtown Neighborhood of Memphis, TN from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown area of Memphis.


1279 Carr Ave

1320 Faxon Ave

195 Hawthorne St

1058 Peabody Ave

72 N Belvedere Blvd

1066 Greenlaw Ave

1572 Tutwiler Ave

150 N McLean Blvd

151 N Belvedere Blvd

45 N Belvedere Blvd

380 N Willett St

123 Stonewall St

1552 Tutwiler Ave
Midtown, Memphis, TN Local Guide

How much does it cost to rent a home in Midtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Midtown 2 Bedroom Homes for Rent | $1,234 | $799 | $2,500 |
Midtown 3 Bedroom Homes for Rent | $1,854 | $1,395 | $2,140 |
Midtown 4 Bedroom Homes for Rent | $2,256 | $1,600 | $2,840 |
Midtown 5 Bedroom Homes for Rent | $3,247 | $2,500 | $3,995 |
Midtown 6 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Midtown 7 Bedroom Homes for Rent | $3,695 | $3,695 | $3,695 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Midtown Neighborhood of Memphis, TN.
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Midtown, Memphis, TN Local Guide
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Cheapest Available Midtown Apartments for Rent
 The cheapest available apartment rental in the Midtown area of Memphis, TN is a 1 Bed unit found at Village Square priced from $695. Overton Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Midtown apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Village Square | 2048 #2 | 1BR,1BA | $695 |
Overton Place | 1BR 1B | 1BR,1BA | $725 |
The Gilmore | Small Efficiency | Studio,1BA | $738 |
Vinton Avenue Apartments | 2BR/1.0BA | 2BR,1BA | $750 |
The Drew @ Medical District | One Bed | 1BR,1BA | $790 |
Best Value Apartments for Rent in Midtown, TN
As of March 22, 2025 the best value apartment in the Midtown 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 Midtown apartment is the 2 Bed/2 Bath Model at The Avalon starting at $1,250 with a $1.04 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for Midtown 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 |
The Avalon | 2 Bed/2 Bath | 2BR,2BA | $1.04 |
Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
Urban Peddler | 2BR 1BA Renovated | 2BR,1BA | $1.23 |
Vinton Avenue Apartments | 2BR/1.0BA | 2BR,1BA | $0.91 |
Parkside Poplar Apartments | 1 Bedroom | 1BR,1BA | $1.05 |
The Galloway @ Evergreen - | The Evergreen | 2BR,1.5BA | $1.25 |
Idlewild Terrace | 1BR/1.0BA | 1BR,1BA | $0.99 |
Peabody Place | One Bedroom | 1BR,1BA | $1.12 |
The Drew @ Medical District | One Bed | 1BR,1BA | $1.22 |
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Frequently Asked Questions about Midtown
What type of rentals are currently available in Midtown?
There are currently 413 Apartments for Rent in Midtown, TN with pricing that ranges from $634 to $14,310. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown ranging from $600 to $3,995.
What is the current price range for Rental Homes in Midtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown ranges from $600 to $3,995 with an average monthly rent of $2,331.
How much are larger Three and Four Bedroom Rentals in Midtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown range from $1,195 to $4,426, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,140. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $2,500.
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.

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.

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.

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.