Bedroom count
Property type
Last updated on September 25, 2025
Average rent in
Memphis, TN
Last updated on September 25, 2025
Last updated on September 25, 2025
Bedroom count
Property type
As of September 2025, the median rent for all bedroom counts and property types in Memphis, TN is $1,295. This is -34%, or $680, lower than the national average.
average price per square foot
Median rent
$1,295
1%Total rentals
2,060
for rent on Zumper.com
As of September 2025, the median rent for all bedroom counts and property types in Memphis, TN is $1,295. This is -34%, or $680, 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.
Rent price trends in
Memphis, TN
Rent price trends
Rent prices for all bedroom counts and property types in Memphis, TN have remained the same in the last month and have decreased by 1% in the last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent comparables in
Memphis, TN
The monthly rent for an apartment in Memphis, TN is $1,140. A 1-bedroom apartment in Memphis, TN costs about $1,033 on average, while a 2-bedroom apartment is $1,135. Houses for rent in Memphis, TN are more expensive, with an average monthly cost of $1,395.
Comparables | ||||
|---|---|---|---|---|
1 bedroom | $990 | 2% | 4% | |
2 bedroom | $1,095 | No Change | No Change | |
3 bedroom | $1,390 | 1% | 3% | |
4 bedroom | $1,750 | No Change |  4% | |
Studio | $1,150 | No Change | 4% |
Comparables | ||
|---|---|---|
Alliance Of Cordova Neighborhoods | $1,840 | |
Binghampton Lester | $1,000 | |
Central Gardens | $1,435 | |
Gray's Creek | $1,825 | |
Hunters Hollow | $1,533 | |
New Pathways | $1,365 | |
Normal Station | $1,350 | |
Rhodes Hollywood Springdale Partnership | $1,070 | |
Southeast Memphis | $1,020 | |
Springhill Community Civic Club | $1,197 |
Comparables | ||||
|---|---|---|---|---|
Apartments | $1,140 | No Change | No Change | |
Condos | $1,100 | 6% | No Change | |
Houses | $1,395 | 1% | No Change | |
Rooms | $950 | 6% | - |
Studio
Average rent
$1,150
Last 30 days
No Change
Last year
4%
1 bedroom
Average rent
$990
Last 30 days
2%
Last year
4%
2 bedroom
Average rent
$1,095
Last 30 days
No Change
Last year
No Change
3 bedroom
Average rent
$1,390
Last 30 days
1%
Last year
3%
4 bedroom
Average rent
$1,750
Last 30 days
No Change
Last year
4%
New Pathways
Average rent
$1,365
Binghampton Lester
Average rent
$1,000
Central Gardens
Average rent
$1,435
Southeast Memphis
Average rent
$1,020
Alliance Of Cordova Neighborhoods
Average rent
$1,840
Springhill Community Civic Club
Average rent
$1,197
Gray's Creek
Average rent
$1,825
Normal Station
Average rent
$1,350
Rhodes Hollywood Springdale Partnership
Average rent
$1,070
Hunters Hollow
Average rent
$1,533
Apartments
Average rent
$1,140
Last 30 days
No Change
Condos
Average rent
$1,100
Last 30 days
6%
Houses
Average rent
$1,395
Last 30 days
1%
Rooms
Average rent
$950
Last 30 days
6%
The table above reflects average rent prices in Memphis, TN, 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, TN to other cities
Median rent prices in Memphis, TN for all bedroom counts and property types compared to Arlington, TN.
Memphis
34%lower than the national median
14%higher than the national median
Takeaway
The median rent for all rentals in Memphis, TN is 43% lower than the median rent in Arlington, TN.
More data insights and reports
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
Arlington
$2,260
4%Last year
Bartlett
$1,900
14%Last year
Collierville
$1,530
1%Last year
Cordova
$1,785
1%Last year
Germantown
$2,585
Last year
Horn Lake
$1,495
2%Last year
Lakeland
$2,022
9%Last year
Munford
$1,445
16%Last year
Olive Branch
$1,900
3%Last year
Southaven
$1,795
17%Last year
Walls
$1,810
2%Last year
West Memphis
$800
Last year
Cost of living in
Memphis, TN
The overall cost of living in Memphis, TN is 10% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.
Expensesaccrued by most renters | Average costcompared to national average |
|---|---|
Goods & Services | 8% lower |
Groceries | 1% lower |
Health | 14% lower |
Housing | 14% lower |
Transportation | 11% lower |
Utilities | 19% lower |
Discover rentals in Memphis, TN
5d+ ago
South Memphis Citizens United for Action apartment for rent in Memphis
2 beds
1 bath
$525
Apartment for rent
Available Apr 3
5d+ ago
Orange Mound Civic Orgganization condo for rent in Memphis
2 beds
1 bath
$525
Condo for rent
Available Jul 1
5d+ ago
1875 Keltner Cir, Memphis, TN 38114
1–4 beds
1–2 baths
$575–$1,150
Apartment for rent
5d+ ago
2774 S Mendenhall Rd, Memphis, TN 38115
Studio–4 beds
1–3 baths
$581–$1,440
Apartment for rent
5d+ ago
Hollywood-Hyde Park-Springdale apartment for rent in Memphis
1198 N Evergreen St #3, Memphis, TN 38108
2 beds
1 bath
$595
Apartment for rent
5d+ ago
4280 Mount Hood St, Memphis, TN 38118
1 –3 beds
1–2 baths
$599–$899
Apartment for rent
5d+ ago
Hollywood-Hyde Park-Springdale condo for rent in Memphis
2 beds
1 bath
$600
Condo for rent
Available Jul 1
5d+ ago
Binghampton-Lester house for rent in Memphis
3190 Coleman Ave, Memphis, TN 38112
2 beds
1 bath
$625
House for rent
2d ago
Buckingham Farms house for rent in Memphis
9039 Hollybrook Ln N, Memphis, TN 38138
4 beds
5 baths
$15,000
House for rent
5d+ ago
Apartment for rent in Memphis
128 Adams Ave, Memphis, TN 38103
Studio
0 baths
$10,000
Apartment for rent
5d+ ago
Messick Buntyn house for rent in Memphis
651 Semmes St, Memphis, TN 38111
Studio
10 baths
$7,000
House for rent
1h ago
Verified
7 Vance Ave, Memphis, TN 38103
Studio–3 beds
1–3 baths
$1,285–$6,500
Apartment for rent
5d+ ago
Red Acres house for rent in Memphis
5 beds
5 baths
$6,540
$6,040
Price drop
House for rent
Available Aug 25
5d+ ago
House for rent in Memphis
455 Oma Cv, Memphis, TN 38117
5 beds
4 baths
$6,000
House for rent
5d+ ago
Central Gardens house for rent in Memphis
1515 Goodbar Ave, Memphis, TN 38104
5 beds
3 baths
$5,000
House for rent
5d+ ago
House for rent in Memphis
2845 N HOUSTON LEVEE, Memphis, TN 38016
Studio
1 bath
$4,550
House for rent
18h ago
Verified
2540 Broad Ave, Memphis, TN 38112
Studio–2 beds
1–2 baths
$966–$2,587
Apartment for rent
19h ago
Verified
2059 N Cabana Cir, Memphis, TN 38107
2 beds
1 bath
$709–$920
Apartment for rent
5d+ ago
Verified
274 S Highland St, Memphis, TN 38111
1–2 beds
1–2 baths
$999–$1,200
Apartment for rent
Available Sep 24
1d ago
Verified
3888 Autumn Ridge Ct, Memphis, TN 38115
2–3 beds
2 baths
$995–$1,095
Apartment for rent
1h ago
Verified
7 Vance Ave, Memphis, TN 38103
Studio–3 beds
1–3 baths
$1,285–$6,500
Apartment for rent
5h ago
Verified
420 Monroe Ave, Memphis, TN 38103
Studio–2 beds
1–2 baths
$1,133–$6,884
Apartment for rent
8h ago
Verified
125 Gayoso Ave, Memphis, TN 38103
Studio–2 beds
1–2 baths
$1,050–$2,120
Apartment for rent
3h ago
Verified
8920 Walnut Grove Rd, Memphis, TN 38018
1–3 beds
1–2 baths
$1,191–$3,055
Price drop
Apartment for rent
Available Sep 24
23h ago
Verified
225 Arbor Commons Cir, Memphis, TN 38120
1–3 beds
1–2 baths
$1,317–$3,432
Price drop
Apartment for rent
Available Sep 24
1d ago
Verified
3888 Autumn Ridge Ct, Memphis, TN 38115
2–3 beds
2 baths
$995–$1,095
Apartment for rent
8h ago
Verified
125 Gayoso Ave, Memphis, TN 38103
Studio–2 beds
1–2 baths
$1,050–$2,120
Apartment for rent
5d+ ago
Verified
1271 Fleets Harbor Dr, Memphis, TN 38103
3 beds
2 baths
$2,495
$2,395
Price drop
House for rent
5d+ ago
Verified
3 beds
2 baths
$2,290
$1,660
Price drop
House for rent
Available Oct 17
5d+ ago
Verified
3 beds
2 baths
$1,640
House for rent
Available Sep 9
5d+ ago
Verified
2429 Ketchum Rd, Memphis, TN 38114
1–3 beds
1 bath
$800–$1,100
Apartment for rent
3h ago
Verified
8920 Walnut Grove Rd, Memphis, TN 38018
1–3 beds
1–2 baths
$1,191–$3,055
Price drop
Apartment for rent
Available Sep 24
18h ago
Verified
9135 Morning Ridge Rd, Memphis, TN 38016
1–3 beds
1–2 baths
$959–$2,556
Apartment for rent
Available Sep 24
23h ago
Verified
225 Arbor Commons Cir, Memphis, TN 38120
1–3 beds
1–2 baths
$1,317–$3,432
Price drop
Apartment for rent
Available Sep 24
3d ago
Verified
2059 N Cabana Cir, Memphis, TN 38107
2 beds
1 bath
$709
Apartment for rent
5d+ ago
Verified
3350 Hickory Hill Rd, Memphis, TN 38115
2–3 beds
1–2 baths
$899–$1,095
Apartment for rent
1h ago
Verified
7 Vance Ave, Memphis, TN 38103
Studio–3 beds
1–3 baths
$1,285–$6,500
Apartment for rent
8h ago
Verified
125 Gayoso Ave, Memphis, TN 38103
Studio–2 beds
1–2 baths
$1,050–$2,120
Apartment for rent