Last updated on August 22, 2026

Average rent in
Midtown-Central, Memphis, TN

Median rent

Median rent in Midtown Central

$1,217/mo

increased by36%

vs previous year

The average rent in Midtown Central is $1,217 per month as of August 2026. This is 37% below the national average rent, or $707 less per month.

$1.05

average price per square foot

Total rentals

Available rentals in Midtown Central

25

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Midtown Central rentals at each price point

65%49%33%16%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 decreased by 8% over the last month and have increased by 36% 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 $1,200, whereas a house costs $1,900. 1-bedroom apartments in Midtown Central run $800 on average, while 2-bedroom apartments are $1,750.

Listings

Studio

$1,235

No Change

-

1 bedroom

$887

No Change

35%

2 bedroom

$1,799

No Change

48%

3 bedroom

$1,950

5%

-

4 bedroom

$3,495

No Change

-

Studio

Average rent

$1,235

1 bedroom

Average rent

$887

Last year

35%

2 bedroom

Average rent

$1,799

Last 30 days

No Change

Last year

48%

3 bedroom

Average rent

$1,950

Last 30 days

5%

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$1,217
decreased by37%

lower than the national median

Median rent price$1,449
decreased by25%

lower than the national median

Takeaway

The median rent for all rentals in Midtown Central, Memphis, TN is 16% lower than the median rent in Central Gardens, Memphis, TN.

Discover rentals in Midtown-Central, Memphis, TN

32 N Belvedere Blvd #15 - Photo 1 of 1

5d+ ago

Midtown-Central apartment for rent in Memphis

2 beds

1 bath

$1,200

Apartment for rent

Available Aug 15

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 $1,217 per month as of August 15, 2026.

Is rent up or down in Midtown Central?

Average rent prices in Midtown Central have decreased by 8% over the last month and have increased by 36% since last year.

How does Midtown Central rent compare to the national average?

Rent in Midtown Central is 37% below the national average, which means renters are paying approximately $707 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 $49,000/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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