Last updated on June 23, 2026

Average rent in
Lane College, TN

Median rent

Median rent in Memphis

$1,325/mo

decreased by1%

vs previous year

The average rent in Memphis is $1,325 per month as of June 2026. This is 32% below the national average rent, or $625 less per month.

$1.21

average price per square foot

Total rentals

Available rentals in Memphis

53

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Memphis rentals at each price point

75%56%38%19%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Lane College, TN

Average rent prices in Memphis have decreased by 1% 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 Lane College, TN

Rent prices in Memphis vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Memphis is $1,290, whereas a house costs $1,662. 1-bedroom apartments in Memphis run $1,099 on average, while 2-bedroom apartments are $1,285.

Listings

1 bedroom

$1,099

-

11%

2 bedroom

$1,244

-

6%

3 bedroom

$1,500

-

5%

4 bedroom

$1,895

-

-

1 bedroom

Average rent

$1,099

Last year

11%

2 bedroom

Average rent

$1,244

Last year

6%

3 bedroom

Average rent

$1,500

Last year

5%

4 bedroom

Average rent

$1,895

The table above reflects average rent prices in Lane College, 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 Lane College, TN

5 Coach Dr #LOT5 - Photo 1 of 1

5d+ ago

House for rent in Jackson

$795 2 Bedroom 1 Bathroom Unit In Jackson

5 Coach Dr #LOT5, Jackson, TN 38301

2 beds

1 bath

$795

House for rent

Available Sep 13

11 Coach Dr #NA - Photo 1 of 1

5d+ ago

House for rent in Jackson

2 beds

1 bath

$895

House for rent

Available Jun 13

207 S Hays Ave - Photo 1 of 1

5d+ ago

House for rent in Jackson

House for rent

The Hermitage - Photo 1 of 1

5h ago

9.3

Excellent

Our team has verified this company

Verified

The Hermitage

189 Old Hickory Blvd, Jackson, TN 38305

1–3 beds

1–2 baths

$960–$2,391

Apartment for rent

Call

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Frequently asked questions for Lane College, TN

Quick answers to common questions about the Memphis rental market.

How much is rent in Memphis?

The average rent in Memphis is $1,325 per month as of June 20, 2026.

Is rent up or down in Memphis?

Average rent prices in Memphis have decreased by 1% since last year.

How does Memphis rent compare to the national average?

Rent in Memphis is 32% below the national average, which means renters are paying approximately $625 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 $53,000/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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