1-Bedroom Apartment Rent in Memphis, TN
Median asking rent for a 1-bedroom apartment in Memphis, Tennessee as of August 2026. That's the same as the citywide median and +10% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Memphis
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Memphis
Compare Memphis's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Tennessee
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Greeneville | $424 |
| 2 | Crossville | $488 |
| 3 | Morristown | $625 |
| 4 | Dyersburg | $740 |
| 5 | Martin | $760 |
| 6 | Cookeville | $790 |
| 7 | Manchester | $810 |
| 8 | Kingsport | $813 |
| 9 | Bristol | $820 |
| 10 | Tullahoma | $820 |
| 11 | Athens | $840 |
| 12 | Kingston | $940 |
| 13 | Jackson | $945 |
| 14 | Johnson City | $950 |
| 15 | Cleveland | $963 |
Most expensive cities for a 1-bedroom in Tennessee
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Mount Juliet | $2,100 |
| 2 | Arlington | $2,048 |
| 3 | Thompsons Station | $1,938 |
| 4 | Spring Hill | $1,890 |
| 5 | La Vergne | $1,890 |
| 6 | Farragut | $1,890 |
| 7 | Nashville | $1,785 |
| 8 | Franklin | $1,759 |
| 9 | Germantown | $1,720 |
| 10 | Hendersonville | $1,710 |
| 11 | Lakeland | $1,690 |
| 12 | Ooltewah | $1,680 |
| 13 | Brentwood | $1,630 |
| 14 | Bartlett | $1,615 |
| 15 | Collierville | $1,600 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 2 of these cities have cheaper 1-bedroom rents than Memphis.
| City | Distance | 1-Bedroom rent | vs Memphis |
|---|---|---|---|
| Germantown, TN | 10.2 mi | $1,720 | +$462 (+37%) |
| Bartlett, TN | 11.3 mi | $1,615 | +$357 (+28%) |
| Southaven, MS | 12.3 mi | $1,560 | +$302 (+24%) |
| Cordova, TN | 13.4 mi | $1,550 | +$292 (+23%) |
| Horn Lake, MS | 13.4 mi | $1,270 | +$12 (+1%) |
| Olive Branch, MS | 15.3 mi | $1,560 | +$302 (+24%) |
| Millington, TN | 15.9 mi | $1,220 | $-38 (-3%) |
| Lakeland, TN | 20.5 mi | $1,690 | +$432 (+34%) |
| Collierville, TN | 20.6 mi | $1,600 | +$342 (+27%) |
| Hernando, MS | 22.6 mi | $1,240 | $-18 (-1%) |
| Arlington, TN | 23.1 mi | $2,048 | +$790 (+63%) |
| Oakland, TN | 30.9 mi | $1,470 | +$212 (+17%) |
1-Bedroom rent in Memphis — common questions
How much is a 1-bedroom apartment in Memphis?
As of August 2026, the median 1-bedroom apartment rent in Memphis, Tennessee is $1,258 per month. This is in line with the citywide median of $1,262.
What income do you need to afford a 1-bedroom in Memphis?
Using the standard 30% rent-to-income rule, you would need an annual income of about $50,320 ($4,193/month gross), which works out to roughly $24.19/hour at a full-time job.
Is Memphis expensive for a 1-bedroom compared to the rest of the US?
Memphis's 1-bedroom median of $1,258 is +10% below the national 1-bedroom median of $1,395. It ranks in the 40th percentile of US cities tracked.
How does Memphis rank for 1-bedroom rent in Tennessee?
Among the 62 cities in Tennessee with 1-bedroom data, Memphis ranks #28 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Memphis?
Yes — nearby cities with cheaper 1-bedroom rents include Millington ($1,220), Hernando ($1,240).