Last updated on May 14, 2026

Average rent in
Fairhills, Memphis, TN

Median rent

Median rent in Fairhills

$900/mo

The average rent in Fairhills is $900 per month as of May 2026. This is 54% below the national average rent, or $1,050 less per month.

$1.61

average price per square foot

Total rentals

Available rentals in Fairhills

19

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Fairhills 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 Fairhills, Memphis, TN

Average rent prices in Fairhills have decreased by 1% over the last month.

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 $800, whereas a house costs $1,185. 1-bedroom apartments in Fairhills run $740 on average, while 2-bedroom apartments are $825.

Listings

1 bedroom

$650

-

-

2 bedroom

$750

1%

-

3 bedroom

$1,125

27%

-

4 bedroom

$1,550

No Change

-

1 bedroom

Average rent

$650

2 bedroom

Average rent

$750

Last 30 days

1%

3 bedroom

Average rent

$1,125

Last 30 days

27%

4 bedroom

Average rent

$1,550

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$900
decreased by54%

lower than the national median

Median rent price$1,200
decreased by38%

lower than the national median

Takeaway

The median rent for all rentals in Fairhills, Memphis, TN is 25% lower than the median rent in Greentrees, Memphis, TN.

Discover rentals in Fairhills, Memphis, TN

2145 Pendleton St #1 - Photo 1 of 1

5d+ ago

Fairhills house for rent in Memphis

2145 Pendleton Street - 1

2145 Pendleton St #1, Memphis, TN 38114

2 beds

1 bath

$1,035

House for rent

Available Mar 20

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 $900 per month as of May 9, 2026.

Is rent up or down in Fairhills?

Average rent prices in Fairhills have decreased by 1% over the last month.

How does Fairhills rent compare to the national average?

Rent in Fairhills is 54% below the national average, which means renters are paying approximately $1,050 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 $36,000/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).

Apartments for rent in Arlington