Last updated on September 18, 2026

Average rent in
LeMoyne Owen College, TN

Median rent

Median rent in Memphis

$1,125/mo

decreased by7%

vs previous year

The average rent in Memphis is $1,125 per month as of September 2026. This is 41% below the national average rent, or $775 less per month.

$1.15

average price per square foot

Total rentals

Available rentals in Memphis

1,311

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Memphis rentals at each price point

70%53%35%18%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in LeMoyne Owen College, TN

Average rent prices in Memphis have decreased by 7% 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 LeMoyne Owen College, 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 $1,200. 1-bedroom apartments in Memphis run $1,116 on average, while 2-bedroom apartments are $925.

Listings

Studio

$1,190

-

2%

1 bedroom

$916

-

13%

2 bedroom

$935

-

19%

3 bedroom

$1,250

-

3%

4 bedroom

$1,550

-

4%

Studio

Average rent

$1,190

Last year

2%

1 bedroom

Average rent

$916

Last year

13%

2 bedroom

Average rent

$935

Last year

19%

3 bedroom

Average rent

$1,250

Last year

3%

4 bedroom

Average rent

$1,550

Last year

4%

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.

Discover rentals in LeMoyne Owen College, TN

2362 Golden Ave - Photo 1 of 1

5d+ ago

Hollywood-Hyde Park-Springdale house for rent in Memphis

790-792 WILLETT - Photo 1 of 1

2d ago

7.7

Very good

790-792 WILLETT

790 N Willett St, Memphis, TN 38107

1 bed

1 bath

$525

1298 Carr - Photo 1 of 1

13h ago

7.4

Very good

1298 Carr

1298 Carr Ave, Memphis, TN 38104

Studio–1 bed

1 bath

$550–$595

Scott Street Apartments - Photo 1 of 1

3d ago

7.1

Very good

Scott Street Apartments

304 Scott St, Memphis, TN 38112

1 bed

1 bath

$550

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 LeMoyne Owen College, TN

Quick answers to common questions about the Memphis rental market.

How much is rent in Memphis?

The average rent in Memphis is $1,125 per month as of September 12, 2026.

Is rent up or down in Memphis?

Average rent prices in Memphis have decreased by 7% since last year.

How does Memphis rent compare to the national average?

Rent in Memphis is 41% below the national average, which means renters are paying approximately $775 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 $45,000/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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