Rent trend data in Memphis, Tennessee

Memphis Average Rent

As of April 2019, average rent for an apartment in Memphis, TN is $1017 which is a 4.82% increase from last year when the average rent was $968 , and a 1.57% increase from last month when the average rent was $1001.

One bedroom apartments in Memphis rent for $923 a month on average (a 7.37% increase from last year) and two bedroom apartment rents average $1008 (a 2.98% 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, River Oaks-Kirby-Balmoral, and Windyke-Southwind.
The cheapest Memphis neignborhoods to rent apartments in are Shelby Forest-Frayser, Parkway Village-Oakhaven, and White Haven-Coro Lake.

See our Memphis neighborhood apartment listings:

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