Average Rent in University of Memphis, TN and Rent Price Trends

Rent price summary for
University of Memphis, TN

As of September 2025, the median rent for all bedroom counts and property types in University of Memphis, TN is $1,250. This is -37% lower than the national average.

$1.21

average price per square foot

Median rent

$1,250

11%

over the previous yearvs previous year

Total rentals

1,491

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in University of Memphis, TN is $1,250. This is -37% lower than the national average.

$1.21

average price per square foot

Rent ranges

61%

25%

$0-$750$0 - $750

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

$2,251-$3,000$2,251 - $3,000

$3,001+$3,001+

Households

At this time, we don't have information to generate a distribution. Please check back soon.

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
University of Memphis, TN
The monthly rent for an apartment in University of Memphis, TN is $1,050. A 1-bedroom apartment in University of Memphis, TN costs about $1,000 on average, while a 2-bedroom apartment is $995. Houses for rent in University of Memphis, TN are more expensive, with an average monthly cost of $1,395.


1 bedroom	$900	-	1%
2 bedroom	$998	-	No Change
3 bedroom	$1,392	-	7%
4 bedroom	$1,710	-	1%
Studio	$1,150	-	28%


Apartments	$1,050	-	No Change
Condos	$1,050	-	No Change
Houses	$1,395	-	No Change
Rooms	$950	-	-

Studio

Average rent

$1,150

Last year

28%

1 bedroom

Average rent

$900

Last year

2 bedroom

Average rent

$998

Last year

No Change

3 bedroom

Average rent

$1,392

Last year

4 bedroom

Average rent

$1,710

Last year

The table above reflects average rent prices in University of Memphis, 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.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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