Rent trend data in Memphis, Tennessee

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Memphis Rent Trends

As of April 2018, average rent for an apartment in Memphis, TN is $968 which is a 5.48% increase from last year when the average rent was $915 , and a 2.69% increase from last month when the average rent was $942.

One bedroom apartments in Memphis rent for $855 a month on average (a 5.38% increase from last year) and two bedroom apartment rents average $978 (a 4.5% increase from last year).

See our listings of Memphis Apartments

All Beds
$968
1 Beds
$855
2 Beds
$978


All Beds

2 Beds

1 Bed


MonthAll Beds1 Beds2 Beds
4/2018$968$855$978
3/2018$942$840$950
2/2018$933$830$940
1/2018$928$827$942
12/2017$927$817$939
11/2017$926$827$939
10/2017$919$820$929
9/2017$914$815$919
8/2017$916$827$907
7/2017$920$831$915
6/2017$921$825$934
5/2017$910$815$925
4/2017$915$809$934
3/2017$926$818$939
2/2017$911$799$915
1/2017$908$799$909
12/2016$917$805$917
11/2016$911$802$913
10/2016$906$793$903
9/2016$907$798$907
8/2016$901$789$894
7/2016$901$784$896
6/2016$886$774$884
5/2016$881$757$888
4/2016$891$764$900
3/2016$879$768$886
2/2016$856$745$853
1/2016$850$728$844
12/2015$840$725$821
11/2015$843$727$833
10/2015$853$722$847
9/2015$857$724$844
8/2015$862$723$816
7/2015$866$725$804
6/2015$858$704$795
5/2015$852$703$801
4/2015$855$716$835
3/2015$837$701$821
2/2015$831$699$805
1/2015$801$659$771
12/2014$808$669$776
11/2014$784$652$760
10/2014$785$639$751
9/2014$783$638$748
8/2014$798$634$754
7/2014$796$634$758
6/2014$783$631$767
5/2014$776$634$757
4/2014$757$628$750
3/2014$763$602$745
2/2014$786$587$752
1/2014$787$596$776
12/2013$782$635$783
11/2013$782$643$760
10/2013$753$646$716
9/2013$793$653$785
8/2013$801$675$809
7/2013$790$664$794
6/2013$790$664$792
5/2013$784$673$781
4/2013$809$669$817
3/2013$772$642$770
2/2013$737$644$756
1/2013$706$608$719
12/2012$704$587$699
11/2012$700$580$690
10/2012$726$603$716
9/2012$729$588$706
8/2012$718$613$711
7/2012$721$611$730
6/2012$733$608$744
5/2012$748$603$774
4/2012$752$619$773
3/2012$720$601$716
2/2012$717$607$736
1/2012$731$630$746
12/2011$753$638$752
11/2011$780$662$768
10/2011$792$660$800
9/2011$771$646$772
8/2011$738$586$728
7/2011$712$573$715
6/2011$706$582$735
5/2011$712$587$744
4/2011$727$594$760
3/2011$701$562$751
2/2011$689$557$729

See our listings of Memphis Apartments


Memphis Average Rent By Neighborhood

Downtown
$1145
Windyke-Southwind
$1039
River Oaks-Kirby-Balmoral
$1024
East Memphis-Colonial-Yorkshire
$995
Cordova-Appling
$921
Midtown
$726
Hickory Ridge-South Riverdale
$713
Raleigh
$665
White Haven-Coro Lake
$587
Parkway Village-Oakhaven
$541
Shelby Forest-Frayser
$517

The most expensive Memphis neighborhoods to rent apartments are in Downtown, Windyke-Southwind, and River Oaks-Kirby-Balmoral.

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:

Get more detailed neighborhood and address specific results here.

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