Bedroom count
Property type
Last updated on September 18, 2026
Last updated on September 18, 2026
Bedroom count
Property type
Median rent in Memphis
$1,241/mo
vs previous year
The average rent in Memphis is $1,241 per month as of September 2026. This is 35% below the national average rent, or $658 less per month.
average price per square foot
Available rentals in Memphis
1,584
for rent on Zumper.com as of September 2026
Share of Memphis rentals at each price point
Average rent prices in Memphis have increased by 8% 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 prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Memphis vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Memphis is $995, whereas a house costs $1,395. 1-bedroom apartments in Memphis run $999 on average, while 2-bedroom apartments are $940.
Listings | ||||
|---|---|---|---|---|
Studio | $1,158 | - | 1% | |
1 bedroom | $899 | - | 10% | |
2 bedroom | $950 | - | 11% | |
3 bedroom | $1,400 | - | 12% | |
4 bedroom | $1,649 | - | 6% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Arkansas State University Newport, TN.
Listings | ||||
|---|---|---|---|---|
Apartments | $995 | - | No Change | |
Condos | $895 | - | No Change | |
Houses | $1,395 | - | No Change | |
Rooms | $785 | - | No Change |
Studio
Average rent
$1,158
Last year
1%
1 bedroom
Average rent
$899
Last year
10%
2 bedroom
Average rent
$950
Last year
11%
3 bedroom
Average rent
$1,400
Last year
12%
4 bedroom
Average rent
$1,649
Last year
6%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Arkansas State University Newport, TN.
Apartments
Average rent
$995
Condos
Average rent
$895
Houses
Average rent
$1,395
Rooms
Average rent
$785
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.
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the Memphis rental market.
The average rent in Memphis is $1,241 per month as of September 12, 2026.
Average rent prices in Memphis have increased by 8% since last year.
Rent in Memphis is 35% below the national average, which means renters are paying approximately $658 less per month.
To comfortably afford rent in Memphis, you'd need to earn approximately $50,000/year, based on spending no more than 30% of your income on rent.
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).