Rent trend data in Memphis, Tennessee

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Memphis Average Rent

As of May 2018, average rent for an apartment in Memphis, TN is $969 which is a 6.09% increase from last year when the average rent was $910 , and a 0.1% increase from last month when the average rent was $968.

One bedroom apartments in Memphis rent for $862 a month on average (a 5.45% increase from last year) and two bedroom apartment rents average $975 (a 5.13% increase from last year).

See our listings of Memphis Apartments


Memphis Average Rent By Neighborhood

The most expensive Memphis neighborhoods to rent apartments in are Windyke-Southwind, Downtown, and East Memphis-Colonial-Yorkshire.
The cheapest Memphis neignborhoods to rent apartments in are Shelby Forest-Frayser, White Haven-Coro Lake, and Raleigh.

Get more detailed neighborhood and address specific results here.

See our Memphis neighborhood apartment listings:

Windyke-Southwind Apartments
Downtown Apartments
East Memphis-Colonial-Yorkshire Apartments
River Oaks-Kirby-Balmoral Apartments
Cordova-Appling Apartments
Hickory Ridge-South Riverdale Apartments
Midtown Apartments
Raleigh Apartments
White Haven-Coro Lake Apartments
Shelby Forest-Frayser Apartments
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