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The average monthly rent in Memphis is down 10.33% compared to last month but up 2.73% year-over-year.
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All rentals
5d+ ago
Verified
2 beds
2 baths
$2,780
$1,965
Price drop
House for rent
Available Mar 27
4d ago
Apartment for rent in Memphis
1 bed
1 bath
$1,295
Apartment for rent
4d ago
Apartment for rent in Memphis
Studio
1 bath
$995
Apartment for rent
5d+ ago
Washington Park apartment for rent in Memphis
3 beds
2 baths
$2,200
Apartment for rent
5d+ ago
Condo for rent in Memphis
4721 1st Ave E #4721, Memphis, FL 34221
In-unit laundry | Garage parking | Walk-in closets
3 beds
2 baths
$2,100
Condo for rent
5d+ ago
Townhouse for rent in Memphis
2 beds
3 baths
$1,965
House for rent
5d+ ago
House for rent in Memphis
420 49th St E, Memphis, FL 34221
In-unit laundry | Furnished | Assigned parking
1 bed
1 bath
$750
House for rent
Available Jan 28
5d+ ago
Washington Park house for rent in Memphis
3 beds
1 bath
$2,200
House for rent
Be the first to hear about new listings matching your search.
5d+ ago
House for rent in Memphis
3 beds
2 baths
$1,925
House for rent
Available Dec 26
5d+ ago
Townhouse for rent in Memphis
4620 1st Ave E #4620, Memphis, FL 34221
In-unit laundry | Garage parking | Walk-in closets
3 beds
3 baths
$2,200
House for rent
Dishwasher
Garage Parking
In-Unit Laundry
Outdoor Space
5d+ ago
House for rent in Memphis
4207 5th Ave W, Memphis, FL 34221
In-unit laundry | Garage parking | Ceiling fan
3 beds
2 baths
$3,000
House for rent
5d+ ago
Condo for rent in Palmetto
2 beds
2 baths
$1,895
$1,795
Price drop
Condo for rent
5d+ ago
Verified
3 beds
2 baths
$2,790
House for rent
Available Apr 28
10h ago
Verified
3 beds
2 baths
$1,975
$1,775
Price drop
House for rent
Available Feb 19
1d ago
Verified
4718 Lindever Ln, Palmetto, FL 34221
Garage parking | Walk-in closets | Outdoor space
4 beds
2 baths
$2,370
House for rent
Available Feb 18
5d+ ago
Verified
7526 39th Ave E, Palmetto, FL 34221
Garage parking | Walk-in closets | Outdoor space
3 beds
2 baths
$2,975
$2,695
Price drop
House for rent
Available Feb 9
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
Verified
4 beds
2 baths
$2,249
$2,149
Price drop
House for rent
Available Feb 16
5h ago
Verified
3 beds
2 baths
$4,581
$4,128
Price drop
Apartment for rent
3d ago
1010 1010 5th St West & 507 10th Ave West, Palmetto, FL 34221
On-site laundry | Swimming pool
2 beds
1 bath
$1,495
Apartment for rent
13h ago
Townhouse for rent in Palmetto
2 beds
2 baths
$1,800
House for rent
Available Dec 16
13h ago
House for rent in Palmetto
2 beds
2 baths
$1,995
House for rent
Available Feb 9
5d+ ago
Apartment for rent in Palmetto
3 beds
2 baths
$1,700
Apartment for rent
5d+ ago
House for rent in Ellenton
716 Ixora Ave, Ellenton, FL 34222
In-unit laundry | Furnished | Garage parking
3 beds
2 baths
$4,000
House for rent
5d+ ago
House for rent in Palmetto
3 beds
2 baths
$2,299
House for rent
Available Feb 16
5d+ ago
House for rent in Palmetto
3 beds
2 baths
$2,200
House for rent
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Life in Memphis, FL, offers a mix of convenience and a laid-back atmosphere. Residents appreciate the relatively affordable housing and proximity to the coast, making it a desirable spot for those who enjoy outdoor activities. Local amenities, such as stores and dining options, are easily accessible, enhancing the charm of day-to-day living. However, some commonly mention that traffic can be a hassle, particularly during peak times, and that public transportation options could be improved. Overall, the balance of small-town life with nearby urban conveniences shapes the living experience here.
Memphis has a relatively small rental market, with an average of 5 listings available per month. The majority of these listings are 3-bedroom apartments, making up 60% of the market, followed by 2-bedroom apartments at 40%. One-bedroom apartments are scarce, and studios are not typically available. Many Memphis apartments have pet-friendly policies, with some restrictions. Small dogs, small pets, and cats are allowed in 80% of the available apartments. However, renters should be prepared to act quickly when a suitable apartment becomes available, given the limited inventory in the Memphis rental market.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
The average size of a 2 bedroom apartment rental in Memphis is 1243 square feet. The average size of a 3 bedroom apartment rental in Memphis is 1419 square feet.
To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Memphis average rent prices.
| 🔑Available apartment rentals | 25 |
|---|---|
| 💰Best rent deal | 420 49th St E |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |