AI-Scored Rankings • Updated 2026-04-03

Best Apartments in Memphis, TN — Scored by AI

ListWise scores every Memphis neighborhood on safety, walkability, schools, commute time, and rental value. See which areas actually match your lifestyle — not just what's cheapest.

$1,050/mo
Median Rent
633,104
Population
8
Neighborhoods Scored
FedEx
Top Employer
Local Insights

Why Memphis? What Renters Need to Know

Memphis averages $1,050 per month for a one-bedroom apartment, making it among the most affordable major cities in the country. Suburban communities like Collierville and Germantown command $1,800–$1,900, while some urban neighborhoods offer apartments below $800.

Quick Facts

Population 633,104
Median Rent $1,050/mo
Top Employer FedEx
Neighborhoods 8 scored by AI
Rent vs. National$1,050 vs $1,500 national median

Rent Comparison

Memphis median rent is $450 below the national median of $1,500/mo — an affordable market.

Largest Employer

The largest employer in Memphis is FedEx, making the East Memphis area and nearby neighborhoods popular for commuters looking to minimize travel time.

Top Neighborhoods

Top Neighborhoods in Memphis

Ranked by ListWise's composite AI score. Top 3 shown free — unlock all 8 for the full picture.

#1

East Memphis

Score: 85/100
Safety A-
Walk Score 55
Avg Rent $1,600
Schools 7/10
#2

Midtown Memphis

Score: 78/100
Safety B-
Walk Score 72
Avg Rent $1,300
Schools 5/10
#3

Cooper-Young

Score: 80/100
Safety B
Walk Score 75
Avg Rent $1,350
Schools 5/10

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#4

Germantown

Score: 91/100
Safety A
Walk Score 42
Avg Rent $1,800
Schools 9/10
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#5

Collierville

Score: 92/100
Safety A+
Walk Score 35
Avg Rent $1,900
Schools 10/10
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#6

South Main

Score: 76/100
Safety B-
Walk Score 78
Avg Rent $1,400
Schools 4/10
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#7

Bartlett

Score: 84/100
Safety B+
Walk Score 38
Avg Rent $1,400
Schools 7/10
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#8

Orange Mound

Score: 52/100
Safety D
Walk Score 50
Avg Rent $750
Schools 2/10
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See All 8 Memphis Neighborhoods Ranked

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How It Works

How ListWise Scores Memphis Apartments

1

Tell Us Your Priorities

Rank what matters: safety, schools, walkability, commute, budget, nightlife. Every Memphis renter is different.

2

AI Scores Every Listing

We pull real-time data from MLS, crime stats, school ratings, transit APIs, and walk score databases for Memphis.

3

Get Your Ranked List

Receive a PDF + Excel report with Memphis properties ranked by YOUR priorities. Delivered within 24 hours.

FAQ

Frequently Asked About Memphis

What is the average rent in Memphis?

Memphis averages $1,050 per month for a one-bedroom apartment, making it among the most affordable major cities in the country. Suburban communities like Collierville and Germantown command $1,800–$1,900, while some urban neighborhoods offer apartments below $800.

Is Memphis safe?

Memphis has a notably bifurcated safety profile. Suburban areas like Collierville, Germantown, and Bartlett consistently rank among Tennessee's safest communities. The urban core, particularly in some historic neighborhoods, has elevated crime rates. Location research is essential when choosing where to live in the Memphis metro.

What is the music scene like in Memphis?

Memphis is the birthplace of the blues and rock and roll, with Beale Street serving as the cultural heart of the city's live music scene. Sun Studio, Stax Museum, and the National Civil Rights Museum make Memphis a pilgrimage destination for music and history enthusiasts, and the city's musical heritage is embedded in daily life.

What are the best neighborhoods in Memphis?

Collierville and Germantown are the top-rated communities in the metro, with excellent schools and very low crime, but both are entirely car-dependent suburbs. For urban living, Cooper-Young and Midtown offer the best walkability and cultural amenities, while East Memphis provides a middle ground of safety and urban convenience.

What is the job market like in Memphis?

Memphis is a global logistics hub, anchored by FedEx headquarters and Memphis International Airport, one of the world's busiest cargo airports. International Paper, AutoZone, and St. Jude Children's Research Hospital are major employers. The city's central US location makes it a distribution center for dozens of major companies.

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Data is for informational purposes only. Verify all information independently before making housing decisions.