Last updated on July 25, 2026

Average rent in
Red Acres, Memphis, TN

Median rent

Median rent in Red Acres

$900/mo

decreased by36%

vs previous year

The average rent in Red Acres is $900 per month as of July 2026. This is 53% below the national average rent, or $1,030 less per month.

$1.10

average price per square foot

Total rentals

Available rentals in Red Acres

22

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Red Acres rentals at each price point

80%60%40%20%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Red Acres, Memphis, TN

Average rent prices in Red Acres have decreased by 5% over the last month and have decreased 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 Red Acres, Memphis, TN

Rent prices in Red Acres vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Red Acres is $892, whereas a house costs $1,472. 1-bedroom apartments in Red Acres run $795 on average, while 2-bedroom apartments are $950.

Listings

Studio

$1,750

-

-

1 bedroom

$800

-

-

2 bedroom

$950

5%

27%

3 bedroom

$1,450

3%

-

4 bedroom

$1,285

3%

-

Studio

Average rent

$1,750

1 bedroom

Average rent

$800

2 bedroom

Average rent

$950

Last 30 days

5%

Last year

27%

3 bedroom

Average rent

$1,450

Last 30 days

3%

4 bedroom

Average rent

$1,285

Last 30 days

3%

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

Compare median rent prices in Red Acres and Audubon Park by all bedroom counts and property types.

Red Acres

Median rent price$900
decreased by53%

lower than the national median

Median rent price$1,195
decreased by38%

lower than the national median

Takeaway

The median rent for all rentals in Red Acres, Memphis, TN is 25% lower than the median rent in Audubon Park, Memphis, 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 Red Acres, Memphis, TN

Quick answers to common questions about the Red Acres rental market.

How much is rent in Red Acres?

The average rent in Red Acres is $900 per month as of July 25, 2026.

Is rent up or down in Red Acres?

Average rent prices in Red Acres have decreased by 5% over the last month and have decreased by 36% since last year.

How does Red Acres rent compare to the national average?

Rent in Red Acres is 53% below the national average, which means renters are paying approximately $1,030 less per month.

What salary do I need to afford rent in Red Acres?

To comfortably afford rent in Red Acres, 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).

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