Last updated on June 24, 2026

Average rent in
Arkansas State University Newport, TN

Median rent

Median rent in Memphis

$1,214/mo

increased by2%

vs previous year

The average rent in Memphis is $1,214 per month as of June 2026. This is 38% below the national average rent, or $736 less per month.

$1.11

average price per square foot

Total rentals

Available rentals in Memphis

1,622

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Memphis 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 Arkansas State University Newport, TN

Average rent prices in Memphis have increased by 2% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Arkansas State University Newport, TN

Rent prices in Memphis vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Memphis is $1,000, whereas a house costs $1,395. 1-bedroom apartments in Memphis run $995 on average, while 2-bedroom apartments are $950.

Listings

Studio

$1,200

-

8%

1 bedroom

$895

-

14%

2 bedroom

$955

-

12%

3 bedroom

$1,390

-

12%

4 bedroom

$1,597

-

15%

Studio

Average rent

$1,200

Last year

8%

1 bedroom

Average rent

$895

Last year

14%

2 bedroom

Average rent

$955

Last year

12%

3 bedroom

Average rent

$1,390

Last year

12%

4 bedroom

Average rent

$1,597

Last year

15%

The table above reflects average rent prices in Arkansas State University Newport, 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.

Discover rentals in Arkansas State University Newport, TN

2767 Waverly Ave - Photo 1 of 1

5d+ ago

Orange Mound Civic Orgganization condo for rent in Memphis

2 beds

1 bath

$550

Condo for rent

Available Jun 1

Online APNM Application - Photo 1 of 1

4d ago

9

Excellent

Online APNM Application

1875 Keltner Cir, Memphis, TN 38114

1–4 beds

1–2 baths

$575–$1,150

Apartment for rent

1677 Echles St - Photo 1 of 1

5d+ ago

House for rent in Memphis

SINGLE_FAMILY - Memphis, TN

1677 Echles St, Memphis, TN 38111

2 beds

2 baths

$575

House for rent

1761 E Raines Rd #8 - Photo 1 of 1
3D tour

5d+ ago

Apartment for rent in Memphis

$1,200 Off Your Lease – Just $599/Month!

1761 E Raines Rd #8, Memphis, TN 38116

2 beds

1 bath

$599

Apartment for rent

Available May 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 Arkansas State University Newport, TN

Quick answers to common questions about the Memphis rental market.

How much is rent in Memphis?

The average rent in Memphis is $1,214 per month as of June 20, 2026.

Is rent up or down in Memphis?

Average rent prices in Memphis have increased by 2% since last year.

How does Memphis rent compare to the national average?

Rent in Memphis is 38% below the national average, which means renters are paying approximately $736 less per month.

What salary do I need to afford rent in Memphis?

To comfortably afford rent in Memphis, 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).

The Citizen Apartments