Average rent in
Memphis, TN

Rent comparables in
Memphis, TN

The monthly rent for an apartment in Memphis, TN is $1,095. A 1-bedroom apartment in Memphis, TN costs about $1,000 on average, while a 2-bedroom apartment is $1,075. Houses for rent in Memphis, TN are more expensive, with an average monthly cost of $1,335.

Bedrooms

Neighborhoods

Property types

Bedroom counts	Average rent	Last 30 days	Last year	Comparables
1 bedroom	$970	No Change	4%	View
2 bedroom	$1,025	2%	2%	View
3 bedroom	$1,315	1%	5%	View
4 bedroom	$1,695	No Change	No Change	View
Studio	$1,190	1%	5%	View

BedroomsNeighborhoodsProperty types

Studio

Average rent

$1,190

Last 30 days

1%

Last year

5%

View comparables

1 bedroom

Average rent

$970

Last 30 days

No Change

Last year

4%

View comparables

2 bedroom

Average rent

$1,025

Last 30 days

2%

Last year

2%

View comparables

3 bedroom

Average rent

$1,315

Last 30 days

1%

Last year

5%

View comparables

4 bedroom

Average rent

$1,695

Last 30 days

No Change

Last year

No Change

View comparables

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.

More data insights and reports

National Rent Report

Canadian 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

Arlington

$2,135

3%

Last year

Bartlett

$1,895

2%

Last year

Collierville

$1,800

2%

Last year

Cordova

$1,695

3%

Last year

Germantown

$2,575

3%

Last year

Horn Lake

$1,475

1%

Last year

Lakeland

$2,125

8%

Last year

Munford

$1,695

3%

Last year

Olive Branch

$1,897

5%

Last year

Southaven

$1,750

8%

Last year

Walls

$1,835

2%

Last year

West Memphis

$900

7%

Last year