Last updated on September 25, 2026

Average rent in
Fairhills, Memphis, TN

Median rent

Median rent in Fairhills

$997/mo

decreased by14%

vs previous year

The average rent in Fairhills is $997 per month as of September 2026. This is 47% below the national average rent, or $902 less per month.

$1.16

average price per square foot

Total rentals

Available rentals in Fairhills

22

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Fairhills rentals at each price point

95%71%48%24%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Fairhills, Memphis, TN

Average rent prices in Fairhills have remained the same over the last month and have decreased by 14% 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 Fairhills, Memphis, TN

Rent prices in Fairhills vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Fairhills is $825, whereas a house costs $1,100. 1-bedroom apartments in Fairhills run $700 on average, while 2-bedroom apartments are $840.

Listings

Studio

$1,200

-

-

1 bedroom

$650

-

-

2 bedroom

$848

1%

-

3 bedroom

$1,207

4%

4%

4 bedroom

$1,495

No Change

-

Studio

Average rent

$1,200

1 bedroom

Average rent

$650

2 bedroom

Average rent

$848

Last 30 days

1%

3 bedroom

Average rent

$1,207

Last 30 days

4%

Last year

4%

4 bedroom

Average rent

$1,495

The table above reflects average rent prices in Fairhills, 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 Fairhills, Memphis, TN compare to other neighborhoods?

Compare median rent prices in Fairhills and Greentrees by all bedroom counts and property types.

Fairhills

Median rent price$997
decreased by48%

lower than the national median

Median rent price$1,250
decreased by34%

lower than the national median

Takeaway

The median rent for all rentals in Fairhills, Memphis, TN is 20% lower than the median rent in Greentrees, Memphis, TN.

Discover rentals in Fairhills, Memphis, TN

2801 Alvin Ave #1 - Photo 1 of 1

5d+ ago

Fairhills house for rent in Memphis

2801 Alvin Avenue - 1

2801 Alvin Ave #1, Memphis, TN 38114

3 beds

2 baths

$1,440

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 Fairhills, Memphis, TN

Quick answers to common questions about the Fairhills rental market.

How much is rent in Fairhills?

The average rent in Fairhills is $997 per month as of September 19, 2026.

Is rent up or down in Fairhills?

Average rent prices in Fairhills have remained the same over the last month and have decreased by 14% since last year.

How does Fairhills rent compare to the national average?

Rent in Fairhills is 48% below the national average, which means renters are paying approximately $902 less per month.

What salary do I need to afford rent in Fairhills?

To comfortably afford rent in Fairhills, you'd need to earn approximately $40,000/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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