Bedroom count
Property type
Last updated on March 7, 2026
Average rent in
Memphis, IN
Last updated on March 7, 2026
Last updated on March 7, 2026
Bedroom count
Property type
As of March 2026, the median rent for all bedroom counts and property types in Memphis, IN is $1,547. This is -19%, or $352, lower than the national average.
average price per square foot
Median rent
$1,547
19%Total rentals
12
for rent on Zumper.com
As of March 2026, the median rent for all bedroom counts and property types in Memphis, IN is $1,547. This is -19%, or $352, lower than the national average.
average price per square foot
Rent ranges
Households
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 increased by 108% in the last month and have decreased by 19% 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 $1,315. A 1-bedroom apartment in Memphis, IN costs about $1,295 on average, while a 2-bedroom apartment is $1,495. Houses for rent in Memphis, IN are more expensive, with an average monthly cost of $1,775.
Comparables | ||||
|---|---|---|---|---|
1 bedroom | $1,305 | - | - | |
2 bedroom | $1,495 |  8% | - | |
3 bedroom | $1,900 | No Change | 5% | |
4 bedroom | $1,629 | - | - |
Comparables | ||
|---|---|---|
Memphis | $1,450 |
Comparables | ||||
|---|---|---|---|---|
Apartments | $1,315 | - | No Change | |
Condos | $1,950 | - | - | |
Houses | $1,775 | No Change | No Change |
1 bedroom
Average rent
$1,305
2 bedroom
Average rent
$1,495
Last 30 days
8%
3 bedroom
Average rent
$1,900
Last year
5%
4 bedroom
Average rent
$1,629
Memphis
Average rent
$1,450
Apartments
Average rent
$1,315
Condos
Average rent
$1,950
Houses
Average rent
$1,775
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
19%lower than the national median
24%lower than the national median
Takeaway
The median rent for all rentals in Memphis, IN is 8% higher than the median rent in Charlestown, IN.
More data insights and reports
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Discover rentals in Memphis, IN
2d ago
House for rent in Memphis
3 beds
2 baths
$1,900
House for rent
2d ago
House for rent in Memphis
3 beds
2 baths
$1,900
House for rent