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Apartments for Rent in Memphis, TN

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Living in Memphis TN

Southern charm meets urban sophistication in Memphis. Nestled along the Mississippi River, this riverfront city is a famed music town. Known for its blues, soul, and rock ‘n' roll legacy, multiple legendary musicians grew up or recorded music in Memphis including Isaac Hayes, Elvis Presley, and B.B. King. The city maintains its music-centric culture in Downtown Memphis' Beale Street Entertainment District while the National Civil Rights Museum pays tribute to the city's history. The rental market here is just as dynamic as this culturally rich city with everything from chic studio apartments to quaint single-family houses in a variety of styles including bungalow and Four-Square homes.

Moving to the Area

If you're considering moving to Memphis, the cost of living is below the national average. The lower expenses can be attributed to groceries, healthcare, housing, utilities, and transportation. A two-bedroom, two-bathroom apartment here will cost around $1,200 a month in rent; still lower in comparison to other large cities. Tennessee is a right-to-work state, so there is no personal income tax on wages or salaries. This means state and local tax burden on Memphis residents is among the lowest in the United States. The area's remarkably low cost of living is one of the most appealing benefits for those considering the move to Memphis. The city was named one of America's most affordable cities by Forbes.

Lifestyle

Memphis is a place that inspires strong hometown pride in its residents with its friendly Southern charm, musical soul, and region-specific food. If you're considering moving to Memphis, you'll be happy to hear that quick commutes are a norm, costs are extremely affordable, and community events are plentiful. You can quickly go from outdoor recreation, like canoeing down the Mississippi River, to eating the best barbecue in the country and listening to blues, folk, soul, funk, and rap pulsating through the streets. The city is home to the Memphis Grizzlies (NBA) and the Memphis Redbirds (AAA baseball), with games held at the FedExForum and AutoZone Park, respectively.

Culture

Music plays a major role in Memphis' culture. It's a place where blues, gospel, rock ‘n' roll, and country music rose to popularity. But Memphis also has a thriving arts scene, and the city is filled with museums and theaters. The RiverArtsFest, an annual art show, brings hundreds of artists to the city. The historic Orpheum Theatre, built in 1890, is still the go-to place for amazing live performances.

Industry

Memphis has a diverse economy fueled by banking and finance, science and technology, agribusiness, manufacturing, and distribution. Memphis is America's distribution hub thanks to its key position on the Mississippi River. Furthermore, Memphis is one of the largest intermodal logistics centers, hosting significant trucking corridors, inland ports, and railroads in the nation. If you're considering a move to Memphis in search of a new career, you'll be happy to know the job market is expanding and is anticipated to keep growing for the next several years. The cost of living in Memphis remains relatively affordable compared to the national average, making it an attractive option for those seeking new opportunities.

Sports & Colleges

Loyal Memphis fans root for their beloved Memphis Grizzlies basketball team, who continue to compete in the NBA. The Grizzlies were once voted the Best Overall Professional Sports Franchise by ESPN, gaining them respect and recognition. They beat out 122 teams in the four major professional sports leagues (MLB, NBA, NFL, and NHL) for this award. Memphis is also home to some of the top-ranking schools in the state of Tennessee: Rhodes College, Memphis College of Art, Christian Brothers University, and the University of Memphis.

Landmarks

Memphis is called the "Music City" because of its major roots and impact on 20th century music. It's home to historic Beale Street, where blues play throughout the streets, and it is the birthplace of Elvis Presley, the famous rock and roll legend. The Graceland estate, Elvis' former home, is now a museum and registered National Historic Landmark that draws over 600,000 visitors annually. Memphis in May is the city's largest annual festival. This month-long celebration includes events like the World Championship Barbecue Cooking Contest, which celebrates Southern culinary culture.

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