Bedroom count
Property type
Last updated on June 23, 2026
Last updated on June 23, 2026
Bedroom count
Property type
Median rent in Memphis
$1,120/mo
vs previous year
The average rent in Memphis is $1,120 per month as of June 2026. This is 43% below the national average rent, or $830 less per month.
average price per square foot
Available rentals in Memphis
1,317
for rent on Zumper.com as of June 2026
Share of Memphis rentals at each price point
Average rent prices in Memphis have decreased by 11% 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 $1,000, whereas a house costs $1,200. 1-bedroom apartments in Memphis run $1,050 on average, while 2-bedroom apartments are $950.
Listings | ||||
|---|---|---|---|---|
Studio | $1,202 | - | No Change | |
1 bedroom | $925 | - | 17% | |
2 bedroom | $950 | - | 18% | |
3 bedroom | $1,225 | - | 4% | |
4 bedroom | $1,550 | - | 9% |
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 LeMoyne Owen College, TN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,000 | - | No Change | |
Condos | $900 | - | No Change | |
Houses | $1,200 | - | No Change | |
Rooms | $645 | - | - |
Studio
Average rent
$1,202
Last year
No Change
1 bedroom
Average rent
$925
Last year
17%
2 bedroom
Average rent
$950
Last year
18%
3 bedroom
Average rent
$1,225
Last year
4%
4 bedroom
Average rent
$1,550
Last year
9%
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 LeMoyne Owen College, TN.
Apartments
Average rent
$1,000
Condos
Average rent
$900
Houses
Average rent
$1,200
Rooms
Average rent
$645
The table above reflects average rent prices in LeMoyne Owen 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.
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 $1,120 per month as of June 20, 2026.
Average rent prices in Memphis have decreased by 11% since last year.
Rent in Memphis is 43% below the national average, which means renters are paying approximately $830 less per month.
To comfortably afford rent in Memphis, you'd need to earn approximately $45,000/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).