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The average monthly rent in Memphis is up 5.19% compared to last month but down 2.98% year-over-year.
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2d ago
House for rent in Memphis
331 51st Street Ct W, Memphis, FL 34221
In-unit laundry | Air conditioning | Garage parking
1 bed
1 bath
$970
House for rent
Available Oct 23
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
Washington Park house for rent in Memphis
2311 18th Ave E, Memphis, FL 34221
In-unit laundry | Air conditioning | Garage parking
3 beds
2 baths
$2,150
House for rent
5d+ ago
House for rent in Memphis
331 51st Street Ct W #A, Memphis, FL 34221
In-unit laundry | Air conditioning | Garage parking
2 beds
1 bath
$1,600
House for rent
Available Sep 28
5d+ ago
House for rent in Palmetto
4 beds
2 baths
$2,600
House for rent
5d+ ago
Condo for rent in Palmetto
2 beds
2 baths
$2,125
Condo for rent
5d+ ago
Verified
5 beds
3 baths
$3,349
Apartment for rent
Available Dec 19
5d+ ago
Verified
4 beds
2 baths
$2,399
$2,199
Price drop
House for rent
Available Jun 13
Be the first to hear about new listings matching your search.
4d ago
Verified
7108 49th Pl E, Palmetto, FL 34221
Garage parking | Walk-in closets | Outdoor space
5 beds
2 baths
$2,340
$2,235
Price drop
House for rent
Available Oct 3
5d+ ago
Verified
3406 70th Ct E, Palmetto, FL 34221
Garage parking | Hardwood floor | Walk-in closets
4 beds
2 baths
$2,565
$2,335
Price drop
House for rent
Available Oct 1
Outdoor Space
Dishwasher
In-Unit Laundry
Garage Parking
5d+ ago
Verified
4 beds
2 baths
$1,995
House for rent
Available Jun 25
4d ago
Verified
4 beds
2 baths
$2,510
$2,385
Price drop
House for rent
Available Oct 21
5d+ ago
2 beds
1 bath
$1,495
Apartment for rent
5d+ ago
Apartment for rent in Palmetto
2225 14th Ave W, Palmetto, FL 34221
In-unit laundry | Air conditioning | Swimming pool
3 beds
2 baths
$2,345
Apartment for rent
5d+ ago
Condo for rent in Palmetto
501 Haben Blvd #506, Palmetto, FL 34221
In-unit laundry | Furnished | Swimming pool
3 beds
2 baths
$6,000
Condo for rent
5d+ ago
Apartment for rent in Ellenton
4124 12th St E, Ellenton, FL 34222
In-unit laundry | Furnished | Air conditioning
3 beds
1 bath
$1,200
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
House for rent in Palmetto
3417 70th Gln E, Palmetto, FL 34221
In-unit laundry | Garage parking | On-site laundry
4 beds
2 baths
$2,600
$2,400
Price drop
House for rent
5d+ ago
Apartment for rent in Ellenton
1029 Church St, Ellenton, FL 34222
Garage parking | Ceiling fan | Outdoor space
2 beds
1 bath
$1,850
Apartment for rent
5d+ ago
House for rent in Palmetto
4755 Reisswood Loop #NA, Palmetto, FL 34221
In-unit laundry | Air conditioning | Garage parking
2 beds
2 baths
$2,500
$2,300
Price drop
House for rent
Available Nov 1
5d+ ago
House for rent in Palmetto
1222 24th Ave W, Palmetto, FL 34221
Swimming pool | Storage | Outdoor space
3 beds
1 bath
$2,110
$1,915
Price drop
House for rent
5d+ ago
Condo for rent in Palmetto
2625 Terra Ceia Bay Blvd #206, Palmetto, FL 34221
In-unit laundry | Assigned parking | Swimming pool
3 beds
2 baths
$2,500
Condo for rent
5d+ ago
Condo for rent in Ellenton
4403 7th St E #4, Ellenton, FL 34222
In-unit laundry | Furnished | On-site laundry
2 beds
2 baths
$3,000
Condo for rent
5d+ ago
House for rent in Palmetto
3 beds
2 baths
$2,750
$2,500
Price drop
House for rent
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99 rentals
374 rentals
48 rentals
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88 rentals
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66 rentals
38 rentals
37 rentals
16 rentals
12 rentals
6 rentals
66 rentals
2 rentals
82 rentals
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2 rentals
Memphis rent data for:
As of today, you'll find 16 apartments for rent in Memphis, with a median rent price of $2,225 per month. Memphis has seen a 3%—or $73—decrease in median rent price compared to the previous year.Average Rent
$2,225Year Over Year Change
-3%
$73
Rentals available, last 30 days
16
The average rent in Memphis, FL, for rentals of all sizes and types, is $2,225, which is a 2.98% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Memphis, FL is about $1,482. The average rent for 2-bedroom apartments in Memphis, FL is $1,733, and studios are about $1,200 per month.
See more Memphis, FL rent data on our rent research page.
Age Range
0-19
25%
20-34
19%
35-44
17%
45-64
24%
65+
12%
Language
English
79%
Spanish
17%
Indo Euro
1%
Asia Pac
1%
Other
0%
Education
No HS
14%
High School
53%
Bachelor's
23%
Master's
7%
Prof Degree
0%
Doctorate
0%
Household Income
0-25k
25%
25-50k
22%
50-75k
16%
75-100k
12%
100-150k
11%
150k+
12%
Memphis locals spend about 27 minutes commuting, and most drive to get to work. The best way to fly in or out of Memphis is through Tampa International Airport, 29.85 miles away.
Scores for Memphis are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
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 rent for 2 bedroom apartments for rent in Memphis is $1600 per month. Currently, there is 1 2 bedroom apartment for rent in Memphis, FL.
The average price for 3 bedroom apartments for rent in Memphis is $2150 per month. As of today, there are 3 3 bedroom apartments for rent in Memphis, FL.
The average rent price in Memphis, FL for a 2 bedroom apartment is $1600 per month. Memphis average rent price is below the average national apartment rent price which is $1750 per month. Aside from rent price, the cost of living in Memphis is also important to know. Cost of living includes but is not limited to: groceries, gas, utilities, water, and electric.
The average size of a 1 bedroom apartment rental in Memphis is 1000 square feet. The average size of a 3 bedroom apartment rental in Memphis is 1232 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 | 24 |
|---|---|
| đź’°Best rent deal | 331 51st Street Ct W |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |