What's the average rent in Memphis, IN?

Rental Market Trends in Memphis, IN

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Memphis, IN is $950 per month, which is 52% lower than the national average rent of $1,962 per month.

AVERAGE RENT

$950
-26.9%
-$350 decrease month-over-month
$950 increase year-over-year

AVAILABLE RENTALS

2

APARTMENTS

HOUSES

TOWNHOUSES

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom
2 Bedrooms$950
3 Bedrooms$2,081
4 Bedrooms
All$950
As of September 2026, the average rent for a 2 bedroom rental in Memphis, IN is $950 per month, followed by $2,081 for a 3 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

This year (2026)
Last year (2025)

Rent distribution

50% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $950 to $2,075.
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