Bedroom count
Property type
Last updated on September 18, 2026
Average rent in
University of Memphis, TN
Average rent in
Last updated on September 18, 2026
Bedroom count
Property type
Median rent
Median rent in Memphis
$1,247/mo
8%vs previous year
The average rent in Memphis is $1,247 per month as of September 2026. This is 34% below the national average rent, or $653 less per month.
average price per square foot
Total rentals
Available rentals in Memphis
1,646
for rent on Zumper.com as of September 2026
Rent price distribution
Share of Memphis rentals at each price point
Rent trends in University of Memphis, TN
Average rent prices in Memphis have increased by 8% 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
University of Memphis, 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 $1,395. 1-bedroom apartments in Memphis run $1,000 on average, while 2-bedroom apartments are $950.
Listings | ||||
|---|---|---|---|---|
Studio | $1,174 | - | 1% | |
1 bedroom | $900 | - |  10% | |
2 bedroom | $950 | - | 14% | |
3 bedroom | $1,395 | - | 9% | |
4 bedroom | $1,650 | - | 9% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in University of Memphis, TN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,000 | - | No Change | |
Condos | $900 | - | No Change | |
Houses | $1,395 | - | No Change | |
Rooms | $785 | - | No Change |
Studio
Average rent
$1,174
Last year
1%
1 bedroom
Average rent
$900
Last year
10%
2 bedroom
Average rent
$950
Last year
14%
3 bedroom
Average rent
$1,395
Last year
9%
4 bedroom
Average rent
$1,650
Last year
9%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in University of Memphis, TN.
Apartments
Average rent
$1,000
Condos
Average rent
$900
Houses
Average rent
$1,395
Rooms
Average rent
$785
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.
Discover rentals in University of Memphis, TN
5d+ ago
Hollywood-Hyde Park-Springdale house for rent in Memphis
2 beds
2 baths
$495
House for rent
Available Sep 30
5d+ ago
Binghampton-Lester condo for rent in Memphis
810 Atlantic St #1, Memphis, TN 38112
2 beds
1 bath
$550
Condo for rent
Available Sep 25
5d+ ago
Hollywood-Hyde Park-Springdale house for rent in Memphis
2117 Hunter Ave, Memphis, TN 38108
2 beds
1 bath
$550
House for rent
5d+ ago
Orange Mound Civic Orgganization condo for rent in Memphis
2 beds
1 bath
$550
Condo for rent
Available Jun 1
5d+ ago
House for rent in Memphis
5 beds
4.5 baths
$5,995
House for rent
1h ago
Verified
7 Vance Ave, Memphis, TN 38103
Studio–3 beds
1–3 baths
$1,285–$3,450
Apartment for rent
16h ago
Verified
309 N Mclean Blvd, Memphis, TN 38112
2–5 beds
2–4 baths
$2,957–$5,713
Apartment for rent
5d+ ago
White Station-Yates house for rent in Memphis
415 S Yates Rd, Memphis, TN 38120
5 beds
5 baths
$5,000
House for rent
14h ago
Verified
2059 N Cabana Cir, Memphis, TN 38107
1–2 beds
1 bath
$659–$920
Apartment for rent
18h ago
Verified
2540 Broad Ave, Memphis, TN 38112
Studio–2 beds
1–2 baths
$997–$3,224
Apartment for rent
18h ago
Verified
3888 Autumn Ridge Ct, Memphis, TN 38115
2–3 beds
2 baths
$940–$1,420
Apartment for rent
1h ago
Verified
One Dr. Martin Luther King Jr. Ave, Memphis, TN 38103
Studio–2 beds
1–2 baths
$1,349–$6,309
Apartment for rent
2d ago
Verified
3 beds
2 baths
$2,450
$1,690
Price drop
House for rent
Available Aug 28
5d+ ago
Verified
3 beds
2 baths
$1,595
House for rent
Available Jul 9
5d+ ago
Verified
3 beds
2 baths
$1,635
House for rent
Available Nov 10
5d+ ago
Verified
4 beds
2 baths
$1,840
House for rent
Available Oct 12
18h ago
Verified
2540 Broad Ave, Memphis, TN 38112
Studio–2 beds
1–2 baths
$997–$3,224
Apartment for rent
1d ago
Verified
2059 N Cabana Cir, Memphis, TN 38107
2 beds
1 bath
$659–$709
Apartment for rent
5d+ ago
Verified
3350 Hickory Hill Rd, Memphis, TN 38115
2–3 beds
1–2 baths
$899–$1,095
Apartment for rent
18h ago
Verified
3888 Autumn Ridge Ct, Memphis, TN 38115
2–3 beds
2 baths
$940–$1,420
Apartment for rent
Stay up to date with rental market insights
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Frequently asked questions for University of Memphis, TN
Quick answers to common questions about the Memphis rental market.
How much is rent in Memphis?
The average rent in Memphis is $1,247 per month as of September 12, 2026.
Is rent up or down in Memphis?
Average rent prices in Memphis have increased by 8% since last year.
How does Memphis rent compare to the national average?
Rent in Memphis is 34% below the national average, which means renters are paying approximately $653 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 $50,000/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).