Average Rent in Memphis, Memphis, IN and Rent Price Trends

Rent price summary for
Memphis, Memphis, IN

As of September 2025, the median rent for all bedroom counts and property types in Memphis, Memphis, IN is $1,250. This is -37% lower than the national average.

$1.28

average price per square foot

Median rent

$1,250

As of September 2025, we do not have enough inventory to generate median rent for all bedroom counts and property types in Memphis, Memphis, IN. Please check back soon.

Total rentals

14

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Memphis, Memphis, IN is $1,250. This is -37% lower than the national average.

$1.28

average price per square foot

Rent ranges

73%

27%

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

Households

92%

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, Memphis, IN, in the last 30 days, rent estimates may not represent the actual market.

Rent comparables in
Memphis, Memphis, IN
The monthly rent for an apartment in Memphis, Memphis, IN is $1,225. A 1-bedroom apartment in Memphis, Memphis, IN costs about $1,215 on average, while a 2-bedroom apartment is $1,275. Houses for rent in Memphis, Memphis, IN are more expensive, with an average monthly cost of $1,837.


1 bedroom	$1,250	-	-
2 bedroom	$1,245	-	-
3 bedroom	$1,645	No Change	-
4 bedroom	$2,275	-	-
Studio	$1,256	-	-

		Comparables
Charlestown	$1,580
Druid Hills	$1,509
Langdon Place	$1,415
Mockingbird Valley	$1,400
Oak Park	$1,275
Prospect	$1,450


Apartments	$1,225	-	No Change
Condos	$1,175	-	-
Houses	$1,837	No Change	No Change

Studio

Average rent

$1,256

1 bedroom

Average rent

$1,250

2 bedroom

Average rent

$1,245

3 bedroom

Average rent

$1,645

4 bedroom

Average rent

$2,275

The table above reflects average rent prices in Memphis, 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, Memphis, IN to other neighborhoods

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

Memphis

Median rent price$1,250

37%

lower than the national median

Median rent price$1,580

20%

lower than the national median

Takeaway

The median rent for all rentals in Memphis, Memphis, IN is 21% lower than the median rent in Charlestown, Charlestown, IN.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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