What's the average rent in Memphis, IN?
Rental Market Trends in Memphis, IN
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SOURCE: TRULIA DATA
Rental market highlights
As of July 2026, the average rent in Memphis, IN is $1,300 per month, which is 34% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,300
-37.6%-$785 decrease month-over-month
18.2%$200 increase year-over-year
AVAILABLE RENTALS
3
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,000 |
| 4 Bedrooms | — |
| All | $1,300 |
As of July 2026, the average rent for a 2 bedroom rental in Memphis, IN is $1,300 per month, followed by $1,000 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,000 |
| 4 Bedrooms | — |
| All | $1,300 |
As of July 2026, the average rent for a 2 bedroom house in Memphis, IN is $1,300 per month, followed by $1,000 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, there has been no change in rent price.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $1,300 to $2,125.
