Last updated on June 22, 2026

Average rent in
Union University, TN

Median rent

Median rent in Memphis

$1,330/mo

Flat

vs previous year

The average rent in Memphis is $1,330 per month as of June 2026. This is 32% below the national average rent, or $620 less per month.

$1.19

average price per square foot

Total rentals

Available rentals in Memphis

59

for rent on Zumper.com as of June 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 Union University, TN

Average rent prices in Memphis have remained the same 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 Union University, 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 $1,697. 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

$1,538

-

4%

4 bedroom

$1,947

-

-

1 bedroom

Average rent

$1,099

Last year

11%

2 bedroom

Average rent

$1,244

Last year

6%

3 bedroom

Average rent

$1,538

Last year

4%

4 bedroom

Average rent

$1,947

The table above reflects average rent prices in Union University, 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 Union University, TN

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4d ago

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5d+ ago

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Stay up to date with rental market insights

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Frequently asked questions for Union University, TN

Quick answers to common questions about the Memphis rental market.

How much is rent in Memphis?

The average rent in Memphis is $1,330 per month as of June 20, 2026.

Is rent up or down in Memphis?

Average rent prices in Memphis have remained the same 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 $620 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).

Banner at Sterling Farms