Last updated on November 2, 2026

Average rent in
Mid America Baptist Theological Seminary, TN

Median rent

Median rent in Memphis

$1,650/mo

increased by19%

vs previous year

The average rent in Memphis is $1,650 per month as of October 2026. This is 13% below the national average rent, or $250 less per month.

$1.07

average price per square foot

Total rentals

Available rentals in Memphis

720

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Memphis rentals at each price point

50%38%25%13%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 19% 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 $1,700. 1-bedroom apartments in Memphis run $1,175 on average, while 2-bedroom apartments are $1,262.

Listings

Studio

$1,400

-

40%

1 bedroom

$1,175

-

14%

2 bedroom

$1,199

-

7%

3 bedroom

$1,620

-

2%

4 bedroom

$2,147

-

6%

Studio

Average rent

$1,400

Last year

40%

1 bedroom

Average rent

$1,175

Last year

14%

2 bedroom

Average rent

$1,199

Last year

7%

3 bedroom

Average rent

$1,620

Last year

2%

4 bedroom

Average rent

$2,147

Last year

6%

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

3d ago

8.3

Very good

Grahamwood Place Apartments

4045 Summer Ave, Memphis, TN 38122

1–3 beds

1–2 baths

$699–$949

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

3d ago

8.4

Very good

Grahamwood Place

4045 Summer Ave, Memphis, TN 38122

1–3 beds

1–2 baths

$699–$1,049

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

3d ago

8.5

Very good

X - Stonegate Apartments

4500 Stone Gate Dr, Memphis, TN 38128

1–3 beds

1–2 baths

$700–$900

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
3780 Norris Ave - Photo 1 of 1

5d+ ago

Condo for rent in Memphis

2 beds

1 bath

$700

Price dropped $145Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

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 $1,650 per month as of October 31, 2026.

Is rent up or down in Memphis?

Average rent prices in Memphis have increased by 19% since last year.

How does Memphis rent compare to the national average?

Rent in Memphis is 13% below the national average, which means renters are paying approximately $250 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 $66,000/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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