Rent trend data in Memphis, Tennessee
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As of September 2017, average rent for an apartment in Memphis, TN is $914 which is a 0.77% increase from last year when the average rent was $907 , and a 0.22% decrease from last month when the average rent was $916.
One bedroom apartments in Memphis rent for $815 a month on average (a 2.09% increase from last year) and two bedroom apartment rents average $919 (a 1.31% increase from last year).
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Memphis Rent Trends
The average apartment rent over the prior 6 months in Memphis has decreased by $1 (-0.1%)
One bedroom units have increased by $6 (0.7%) and two bedroom apartments have decreased by $15 (-1.6%)
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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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