Last updated on September 25, 2026

Average rent in
Ashley Ridge, Memphis, TN

Median rent

Median rent in Ashley Ridge

$1,710/mo

decreased by12%

vs previous year

The average rent in Ashley Ridge is $1,710 per month as of September 2026. This is 10% below the national average rent, or $190 less per month.

$1.03

average price per square foot

Total rentals

Available rentals in Ashley Ridge

23

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Ashley Ridge rentals at each price point

75%56%38%19%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Ashley Ridge, Memphis, TN

Average rent prices in Ashley Ridge have decreased by 4% over the last month and have decreased by 12% since last year.

Rent trends

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

Compare rent prices in Ashley Ridge, Memphis, TN

Rent prices in Ashley Ridge vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Ashley Ridge is $1,642, whereas a house costs $1,845.

Listings

1 bedroom

$792

-

-

3 bedroom

$1,650

3%

-

4 bedroom

$1,995

No Change

10%

1 bedroom

Average rent

$792

3 bedroom

Average rent

$1,650

Last 30 days

3%

4 bedroom

Average rent

$1,995

Last 30 days

No Change

Last year

10%

The table above reflects average rent prices in Ashley Ridge, 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.

How does rent in Ashley Ridge, Memphis, TN compare to other neighborhoods?

Compare median rent prices in Ashley Ridge and Poplar Estates by all bedroom counts and property types.

Ashley Ridge

Median rent price$1,710
decreased by10%

lower than the national median

Median rent price$1,715
decreased by10%

lower than the national median

Takeaway

The median rent for all rentals in Ashley Ridge, Memphis, TN is equal to the median rent in Poplar Estates, Germantown, TN.

Stay up to date with rental market insights

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

Frequently asked questions for Ashley Ridge, Memphis, TN

Quick answers to common questions about the Ashley Ridge rental market.

How much is rent in Ashley Ridge?

The average rent in Ashley Ridge is $1,710 per month as of September 19, 2026.

Is rent up or down in Ashley Ridge?

Average rent prices in Ashley Ridge have decreased by 4% over the last month and have decreased by 12% since last year.

How does Ashley Ridge rent compare to the national average?

Rent in Ashley Ridge is 10% below the national average, which means renters are paying approximately $190 less per month.

What salary do I need to afford rent in Ashley Ridge?

To comfortably afford rent in Ashley Ridge, you'd need to earn approximately $68,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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