Rent trend data in Memphis, Tennessee
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As of July 2017, average rent for an apartment in Memphis, TN is $920 which is a 2.07% increase from last year when the average rent was $901 , and a 0.11% decrease from last month when the average rent was $921.
One bedroom apartments in Memphis rent for $831 a month on average (a 5.66% increase from last year) and two bedroom apartment rents average $915 (a 2.08% increase from last year).
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Memphis Rent Trends
The average apartment rent over the prior 6 months in Memphis has increased by $9 (1%)
One bedroom units have increased by $32 (4%) and two bedroom apartments have decreased by $0 (0%)
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Memphis Average Rent By Neighborhood
The most expensive Memphis neighborhoods to rent apartments in are Downtown, Windyke-Southwind, and East Memphis-Colonial-Yorkshire.
The cheapest Memphis neignborhoods to rent apartments in are Parkway Village-Oakhaven, Shelby Forest-Frayser, and White Haven-Coro Lake.
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