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 May 2026, the average rent in Memphis, MI is $1,100 per month, which is 43% lower than the national average rent of $1,930 per month.
AVERAGE RENT
$1,100
0.0%No change month over month
-15.1%-$195 decrease year-over-year
AVAILABLE RENTALS
3
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | — |
| All | $1,100 |
As of May 2026, the average rent for a 1 bedroom rental in Memphis, MI is $850 per month, followed by $1,100 for a 2 bedroom rental, and $2,100 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $850 |
As of May 2026, the average rent for a 1 bedroom apartment in Memphis, MI is $850 per month, followed by $1,100 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | — |
| All | $2,100 |
As of May 2026, the average rent for a 3 bedroom house in Memphis, MI is $2,100 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -27% compared to the previous year, which is a $400 decrease.
This year (2026)
Last year (2025)
Rent distribution
60% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $850 to $2,100.
