What's the average rent in Memphis, IN?

Rental Market Trends in Memphis, IN

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Memphis, IN is $1,923 per month, which is about the same as the national average rent of $1,932 per month.

AVERAGE RENT

$1,923
-12.6%
-$277 decrease month-over-month
$1,923 increase year-over-year

AVAILABLE RENTALS

3

APARTMENTS

—

HOUSES

—

TOWNHOUSES

—

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom—
2 Bedrooms—
3 Bedrooms$1,920
4 Bedrooms—
All$1,923
As of November 2026, the average rent for a 3 bedroom rental in Memphis, IN is $1,920 per month.

Average rent trends and rent ranges

Average rent price over time

This year (2026)
Last year (2025)

Rent distribution

80% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $1,850 to $2,275.
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