Last updated on September 18, 2026

Average rent in
Mid America Baptist Theological Seminary, TN

Median rent

Median rent in Memphis

$1,675/mo

increased by22%

vs previous year

The average rent in Memphis is $1,675 per month as of September 2026. This is 12% below the national average rent, or $225 less per month.

$1.09

average price per square foot

Total rentals

Available rentals in Memphis

758

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Memphis rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Mid America Baptist Theological Seminary, TN

Average rent prices in Memphis have increased by 22% 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 Mid America Baptist Theological Seminary, TN

Rent prices in Memphis vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Memphis is $1,300, whereas a house costs $1,725. 1-bedroom apartments in Memphis run $1,175 on average, while 2-bedroom apartments are $1,200.

Listings

Studio

$1,200

-

23%

1 bedroom

$1,090

-

6%

2 bedroom

$1,200

-

No Change

3 bedroom

$1,650

-

3%

4 bedroom

$2,190

-

9%

Studio

Average rent

$1,200

Last year

23%

1 bedroom

Average rent

$1,090

Last year

6%

2 bedroom

Average rent

$1,200

Last year

No Change

3 bedroom

Average rent

$1,650

Last year

3%

4 bedroom

Average rent

$2,190

Last year

9%

The table above reflects average rent prices in Mid America Baptist Theological Seminary, 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 Mid America Baptist Theological Seminary, TN

1645 Wells Station Rd #3 - Photo 1 of 1

23h ago

Condo for rent in Memphis

2 beds

1 bath

$650

1645 Wells Station Rd Apt 3 #Apt 3 - Photo 1 of 1

1d ago

Apartment for rent in Memphis

2 beds

1 bath

$650

3780 Norris Ave - Photo 1 of 1

13h ago

Condo for rent in Memphis

2 beds

1 bath

$685

5d+ ago

8.3

Very good

Grahamwood Place Apartments

4045 Summer Ave, Memphis, TN 38122

1–3 beds

1–2 baths

$699–$949

Stay up to date with rental market insights

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Frequently asked questions for Mid America Baptist Theological Seminary, TN

Quick answers to common questions about the Memphis rental market.

How much is rent in Memphis?

The average rent in Memphis is $1,675 per month as of September 12, 2026.

Is rent up or down in Memphis?

Average rent prices in Memphis have increased by 22% since last year.

How does Memphis rent compare to the national average?

Rent in Memphis is 12% below the national average, which means renters are paying approximately $225 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 $67,000/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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