Bedroom count

Property type

Last updated on January 21, 2026

Average rent in
Memphis, IN

Last updated on January 21, 2026

Last updated on January 21, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in Memphis, IN is $1,345. This is -29%, or $555, lower than the national average.

$1.30

average price per square foot

Median rent

$1,345

decreased by29%
over the previous yearvs previous year

Total rentals

12

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in Memphis, IN is $1,345. This is -29%, or $555, lower than the national average.

$1.30

average price per square foot

Rent ranges

77%
23%
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250

Households

89%
11%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Memphis, IN, in the last 30 days, rent estimates may not represent the actual market.

Rent price trends in
Memphis, IN

Rent price trends

Rent prices for all bedroom counts and property types in Memphis, IN have decreased by 52% in the last month and have decreased by 29% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Memphis, IN

The monthly rent for an apartment in Memphis, IN is $1,199. A 1-bedroom apartment in Memphis, IN costs about $1,215 on average, while a 2-bedroom apartment is $1,197. Houses for rent in Memphis, IN are more expensive, with an average monthly cost of $1,599.

Comparables

1 bedroom

$1,149

-

-

2 bedroom

$1,265

8%

-

3 bedroom

$1,870

No Change

11%

4 bedroom

$2,450

-

-

Studio

$1,099

-

-

Studio

Average rent

$1,099

1 bedroom

Average rent

$1,149

2 bedroom

Average rent

$1,265

Last 30 days

8%

3 bedroom

Average rent

$1,870

Last year

11%

4 bedroom

Average rent

$2,450

The table above reflects average rent prices in Memphis, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Memphis, IN to other cities

Median rent prices in Memphis, IN for all bedroom counts and property types compared to Charlestown, IN.

Memphis

Median rent price$1,345
decreased by29%

lower than the national median

Median rent price$1,380
decreased by27%

lower than the national median

Takeaway

The median rent for all rentals in Memphis, IN is 3% lower than the median rent in Charlestown, IN.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Charlestown

$1,380

decreased by1%

Last year

Henryville

$1,345

N/A

Last year

Mockingbird Valley

$1,265

N/A

Last year

New Washington

$1,285

N/A

Last year

Riverwood

$1,299

N/A

Last year

Seneca Gardens

$1,350

N/A

Last year

Spring Valley

$1,550

N/A

Last year

Thornhill

$1,899

N/A

Last year

Utica

$1,125

decreased by89%

Last year

Westwood

$1,621

decreased by25%

Last year

Windy Hills

$1,377

decreased by32%

Last year

Woodlawn Park

$1,354

decreased by45%

Last year

Apartments for rent in Brandenburg

Discover rentals in Memphis, IN

117 Main St #2 - Photo 1 of 1

5d+ ago

Condo for rent in Memphis

Quiet 2/1 available for lease

117 Main St #2, Memphis, IN 47143

2 beds

1 bath

$915

Condo for rent

Available Apr 1