Apartments for Rent in Cooper Young, Memphis, TN

Cooper Young, Memphis apartment availability

Cooper Young's rental market offers a good selection of listings, with an average of 35 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a few studios. Many of these apartments offer desirable amenities, including outdoor spaces, in-unit laundry, and dishwashers, which are available in around half of the listings. With its diverse range of rentals and amenities, Cooper Young is a great option for renters looking for a convenient and comfortable place to call home.

Cooper Young, Memphis rental market trends

Cooper Young, Memphis, is experiencing a notable uptick in rent prices, with the average monthly rent across all property types increasing by 9.9% year-over-year to $1,434 in 2024. While 1-bedroom units saw a slight decrease of 0.4% to $1,050, 2-bedroom units rose by 2.5% to $1,308. In contrast, 3-bedroom units experienced a 7.7% decline to $1,850. Studio apartments saw a modest 1% increase to $1,072.

Renters should be aware that December is the most expensive month to rent in Cooper Young, with prices 15.2% higher than in May, the least expensive month. This trend suggests that renters looking for a better deal should consider searching during the spring months. Overall, the Cooper Young rental market is becoming increasingly competitive, with prices on the rise across most unit types.

Why Cooper Young, Memphis is a great place to live

Cooper Young is a top choice for renters who prioritize pet friendliness and social living. According to data, apartments in this neighborhood often feature pet-friendly amenities such as outdoor space, pet safe windows, and no breed restrictions, making it an ideal spot for pet owners. Additionally, the neighborhood's walk score, street infrastructure, and transit frequency contribute to its vibrant social scene, with a diverse age distribution and a strong sense of safety. With pet supply stores, dog parks, and pet events nearby, Cooper Young offers a unique blend of comfort and community, making it an attractive option for renters seeking a lively and pet-friendly lifestyle.