Last updated on July 8, 2026

Average rent in
Midtown-Central, Memphis, TN

Median rent

Median rent in Midtown Central

$1,416/mo

increased by58%

vs previous year

The average rent in Midtown Central is $1,416 per month as of July 2026. This is 27% below the national average rent, or $533 less per month.

$1.34

average price per square foot

Total rentals

Available rentals in Midtown Central

16

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Midtown Central rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Midtown-Central, Memphis, TN

Average rent prices in Midtown Central have remained the same over the last month and have increased by 58% 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 Midtown-Central, Memphis, TN

Rent prices in Midtown Central vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Midtown Central is $1,250, whereas a house costs $2,147. 1-bedroom apartments in Midtown Central run $949 on average, while 2-bedroom apartments are $1,200.

Listings

Studio

$1,231

No Change

-

1 bedroom

$1,200

No Change

-

2 bedroom

$1,440

9%

32%

3 bedroom

$2,422

4%

-

4 bedroom

$3,495

No Change

-

Studio

Average rent

$1,231

1 bedroom

Average rent

$1,200

2 bedroom

Average rent

$1,440

Last 30 days

9%

Last year

32%

3 bedroom

Average rent

$2,422

Last 30 days

4%

4 bedroom

Average rent

$3,495

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

Compare median rent prices in Midtown Central and Central Gardens by all bedroom counts and property types.

Midtown Central

Median rent price$1,416
decreased by27%

lower than the national median

Median rent price$1,442
decreased by26%

lower than the national median

Takeaway

The median rent for all rentals in Midtown Central, Memphis, TN is 2% lower than the median rent in Central Gardens, Memphis, TN.

Discover rentals in Midtown-Central, Memphis, TN

144 N Auburndale St - Photo 1 of 1

5d+ ago

Midtown-Central condo for rent in Memphis

2 beds

1.5 baths

$800

Condo for rent

Available Apr 28

Belvedere 44_Razo - Photo 1 of 1

6h ago

8.4

Very good

Belvedere 44_Razo

44 N Belvedere Blvd, Memphis, TN 38104

3 beds

1 bath

$1,150

Apartment for rent

N Auburndale Pl #1 - Photo 1 of 1

5d+ ago

Midtown-Central house for rent in Memphis

North Auburndale Street 920 - 1

N Auburndale Pl #1, Memphis, TN 38104

3 beds

2 baths

$1,300

House for rent

Available Jun 1

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 Midtown-Central, Memphis, TN

Quick answers to common questions about the Midtown Central rental market.

How much is rent in Midtown Central?

The average rent in Midtown Central is $1,416 per month as of July 4, 2026.

Is rent up or down in Midtown Central?

Average rent prices in Midtown Central have remained the same over the last month and have increased by 58% since last year.

How does Midtown Central rent compare to the national average?

Rent in Midtown Central is 27% below the national average, which means renters are paying approximately $533 less per month.

What salary do I need to afford rent in Midtown Central?

To comfortably afford rent in Midtown Central, you'd need to earn approximately $57,000/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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