Overview of Memphis
Memphis is hailed as the Birthplace of Rock 'N' Roll, so it's only fitting that Memphis apartments for rent are a very exciting place to live. As one of Kiplinger's "10 Most Tax Friendly Cities" in the United States, Memphis is a place where you can keep what you earn, stay in control of your finances and enjoy the lifestyle that goes along with it. The Bluff City has made many contributions to music and entertainment, which allows it to maintain a unique, exciting appeal that draws in hundreds of new residents each year. Look for Memphis apartments for rent, and you could be part of the crowd.
Living in Memphis
Memphis was founded in 1819 on a bluff overlooking the Mississippi River, which allowed the city to become a great place for for river trade. Named after the ancient capital of Egypt, the city prospered in the 20th century with strong cotton and lumber industries, and Memphis apartments for rent continue to provide access to great jobs and living options. Today, Memphis enjoys a laid-back atmosphere that is fueled by music and culture. Graceland, the former home of music legend Elvis Presley, is hailed as a must-visit for Memphis tourists. For locals, the Beale Street Music Festival, Meatless Memphis dining options and the vibrant Cooper-Young nightlife neighborhood provide opportunities for social recreation in the beautiful Tennessee weather.
Memphis Apartments and Cost of Living
Although it is the 20th largest city in the United States, Memphis retains very affordable living conditions. According to the Council for Community and Economic Research, Memphis has a cost of living index of 84, which allows it to be ranked as No. 2 on the list of the top 10 cities in the U.S. for low living costs. Whether you are looking for Memphis apartments in houses, townhomes, duplexes or condos, you will be able to take advantage of the easy affordability in most aspects of your life. According to Area Vibes, in Memphis you can expect to pay $3.51 for a gallon of gas, $2.20 for a gallon of milk, $1.17 for a loaf of bread and $23.01 for a monthly phone bill.
Apartments in Memphis Work and Study
With a central location on the Mississippi River, Memphis is a center of commerce and has many diverse job opportunities. Some of the big names in this city are AutoZone, International paper and FedEx, which all topped CNN/Money's 2012 Fortune 500 list. ServiceMaster Consumer Services, St. Jude Children's Research Hospital and Ducks Unlimited are other top employers in town, along with smaller companies in the shipping and transportation industries.
Memphis apartments are also home to many students who move here for the big-city college experience. The University of Memphis is the largest, but it's just one of many. Rhodes College, Christian Brothers University, LeMoyne-Owen College and the Memphis College of Art round out the list of Memphis' top higher education opportunities.