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The average monthly rent in Memphis is down 3.55% compared to last month and down 6.35% year-over-year.
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5d+ ago
Verified
3 beds
2 baths
$1,895
House for rent
Available Jul 1
3d ago
House for rent in Memphis
331 51st Street Ct W #B, Memphis, FL 34221
In-unit laundry | Air conditioning | Garage parking
1 bed
1 bath
$999
House for rent
Available Sep 4
4d ago
House for rent in Memphis
331 51st Street Ct W, Memphis, FL 34221
In-unit laundry | Air conditioning | Garage parking
2 beds
1 bath
$1,970
House for rent
Available Sep 3
5d+ ago
House for rent in Memphis
3317 5th Ave W, Memphis, FL 34221
In-unit laundry | Garage parking | Ceiling fan
3 beds
2 baths
$2,400
House for rent
5d+ ago
Apartment for rent in Memphis
11 Shady Ln, Memphis, FL 34221
Furnished | Swimming pool | Storage
2 beds
2 baths
$1,400
Apartment for rent
3d ago
House for rent in Palmetto
4 beds
2 baths
$2,700
House for rent
4d ago
Verified
5917 Silver Moonlight Dr, Palmetto, FL 34221
Garage parking
3 beds
2 baths
$2,245
House for rent
Available Jun 13
4d ago
Verified
4 beds
2 baths
$2,495
House for rent
Available Jun 13
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5h ago
Verified
7108 49th Pl E, Palmetto, FL 34221
Garage parking | Walk-in closets | Outdoor space
5 beds
2 baths
$2,595
House for rent
Available Sep 18
5d+ ago
Verified
4 beds
2 baths
$2,249
$2,149
Price drop
House for rent
Available Jun 25
Garage Parking
In-Unit Laundry
Dishwasher
Outdoor Space
5d+ ago
Verified
5816 33rd Dr E, Palmetto, FL 34221
Garage parking | Walk-in closets | Outdoor space
3 beds
2 baths
$2,149
House for rent
Available Aug 21
17h ago
Verified
4415 Reisswood Loop, Palmetto, FL 34221
Garage parking | Walk-in closets
3 beds
2 baths
$2,335
House for rent
Available Sep 8
5d+ ago
Verified
3323 70th Ct E, Palmetto, FL 34221
Garage parking
3 beds
2 baths
$2,145
$1,999
Price drop
House for rent
Available Aug 21
17h ago
1010 1010 5th St West & 507 10th Ave West, Palmetto, FL 34221
On-site laundry | Swimming pool
2 beds
1 bath
$1,400–$1,500
Apartment for rent
17h ago
House for rent in Palmetto
In-unit laundry | Garage parking | On-site laundry
2 beds
1 bath
$2,095
House for rent
Available Sep 8
2d ago
House for rent in Palmetto
5715 Silver Feather Way, Palmetto, FL 34221
In-unit laundry | Air conditioning | Garage parking
4 beds
3 baths
$3,200
House for rent
Available Sep 5
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
House for rent in Palmetto
3637 Mossy Limb Ct, Palmetto, FL 34221
In-unit laundry | Garage parking | Swimming pool
4 beds
2 baths
$2,600
House for rent
5d+ ago
House for rent in Palmetto
1818 7th St W #NA, Palmetto, FL 34221
Air conditioning | Assigned parking | Central heat
3 beds
2 baths
$2,700
House for rent
Available Sep 2
5d+ ago
House for rent in Palmetto
5222 Granite Dust Pl, Palmetto, FL 34221
In-unit laundry | Garage parking | Swimming pool
4 beds
2 baths
$2,400
House for rent
5d+ ago
House for rent in Palmetto
1910 3rd Ave E, Palmetto, FL 34221
Air conditioning | Garage parking | Ceiling fan
4 beds
2 baths
$2,600
House for rent
5d+ ago
Condo for rent in Palmetto
140 Riviera Dunes Way #604, Palmetto, FL 34221
In-unit laundry | Garage parking | Balcony
2 beds
2 baths
$2,695
Condo for rent
5d+ ago
House for rent in Palmetto
2320 Terra Ceia Bay Blvd #109, Palmetto, FL 34221
In-unit laundry | Furnished | Swimming pool
2 beds
2 baths
$2,150
House for rent
5d+ ago
House for rent in Palmetto
321 4th St W, Palmetto, FL 34221
In-unit laundry | On-site laundry | Storage
2 beds
2 baths
$1,900
House for rent
4d ago
House for rent in Ellenton
716 Ixora Ave, Ellenton, FL 34222
In-unit laundry | Garage parking | Swimming pool
3 beds
2 baths
$4,300
$4,000
Price drop
House for rent
5d+ ago
Condo for rent in Palmetto
3 beds
2 baths
$2,400
Condo for rent
Available Aug 12
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Memphis rent data for:
As of today, you'll find 17 apartments for rent in Memphis, with a median rent price of $1,992 per month. Memphis has seen a 6%—or $146—decrease in median rent price compared to the previous year.Average Rent
$1,992Year Over Year Change
-6%
$146
Rentals available, last 30 days
17
The average rent in Memphis, FL, for rentals of all sizes and types, is $1,992, which is a 6.35% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Memphis, FL is about $1,250. The average rent for 2-bedroom apartments in Memphis, FL is $2,150, and studios are about $1,095 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 $1850 per month. Currently, there are 2 2 bedroom apartments for rent in Memphis, FL.
The average price for 3 bedroom apartments for rent in Memphis is $1933 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 $1850 per month. Memphis average rent price is above 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 2 bedroom apartment rental in Memphis is 1272 square feet. The average size of a 3 bedroom apartment rental in Memphis is 1359 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 |
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đź’°Best rent deal | 331 51st Street Ct W #B |
✨Popular amenities | , , |
🧦In-unit laundry | |
🍽With dishwasher | |
🏠With photos |