What's the average rent in Memphis, MI?
Rental Market Trends in Memphis, MI
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SOURCE: TRULIA DATA
Rental market highlights
As of July 2026, the average rent in Memphis, MI is $1,200 per month, which is 39% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,200
41.2%$350 increase month-over-month
50.9%$405 increase year-over-year
AVAILABLE RENTALS
2
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $6,000 |
| 4 Bedrooms | — |
| All | $1,200 |
As of July 2026, the average rent for a 2 bedroom rental in Memphis, MI is $1,200 per month, followed by $6,000 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,200 |
As of July 2026, the average rent for a 2 bedroom apartment in Memphis, MI is $1,200 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $6,000 |
| 4 Bedrooms | — |
| All | $6,000 |
As of July 2026, the average rent for a 3 bedroom house in Memphis, MI is $6,000 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +710% compared to the previous year, which is a +$5,643 increase.
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 $1,200 to $5,500.
