Apartments for Rent in Riverview, Memphis, TN

Riverview, Memphis apartment availability

Riverview's rental market offers a good selection of listings, with an average of about 10 rentals available each month. The neighborhood's inventory is comprised mostly of 2-bedroom and 3-bedroom apartments, with a smaller number of 1-bedroom options. Many of these apartments offer convenient amenities, including in-unit laundry, on-site laundry, and outdoor spaces. With about 40% of apartments featuring in-unit laundry and around 30% offering outdoor spaces, renters in Riverview can find homes that fit their needs and preferences.

Riverview, Memphis rental market trends

Riverview, Memphis, experienced a significant shift in rent prices in 2024, with an average monthly rent of $897, a substantial decrease from the previous year. The average rent for 1-bedrooms is $572, while 2-bedrooms average $869, and 3-bedrooms average $1,044. Notably, studio apartments are not a significant part of the rental market in Riverview.

The rental market in Riverview tends to fluctuate throughout the year, with December typically seeing the highest rent prices, 38% higher than January, the month with the lowest rent. This trend suggests that renters may find more affordable options during the winter months. However, it's essential to consider that the rental market can be unpredictable, and prices may vary based on various factors. If you're searching for a new apartment in Riverview, understanding these trends can help you make an informed decision.

Why Riverview, Memphis is a great place to live

Riverview is a top choice for renters who prioritize pet friendliness and social living. According to data, apartments in Riverview often feature pet-friendly amenities such as outdoor space, pet-safe windows, and no breed restrictions, making it an ideal neighborhood for pet owners. Additionally, the neighborhood's social scene is enhanced by its street infrastructure, safety, and transit frequency, making it easy to get around and connect with others. With a diverse neighborhood population and age distribution, Riverview offers a unique blend of community and convenience that's hard to find elsewhere in Memphis.