Rent trend data in Memphis, Tennessee

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Memphis Average Rent

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).

See our listings of Memphis Apartments


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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See our Memphis neighborhood apartment listings:

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