Memphis MI Apartments
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Average Rent Trends in Memphis, MI
Rent in Memphis, MI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in May 2025.
| Month | Average rent |
|---|---|
| Jan 2025 | $1,100 |
| Feb 2025 | $995 |
| May 2025 | $1,500 |
| Jun 2025 | $1,050 |
| Jul 2025 | $795 |
| Nov 2025 | $880 |
| Apr 2026 | $1,100 |
| May 2026 | $1,100 |
| Jun 2026 | $850 |
| Aug 2026 | $1,200 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | — | $1,200 | $5,500 | — | $1,200 |
| Apartments and Condos | — | $1,200 | — | — | $1,200 |
| Houses | — | — | $5,500 | — | $5,500 |
Frequently Asked Questions about Apartments and Condos for rent in Memphis, MI
- What is the average rent of an apartment in Memphis, MI?The average rent of an apartment in Memphis, MI is $1,200 per month. This is about 39% lower than the national average.
- When is the average rent for an apartment cheapest in Memphis, MI?In the last year, the average rent in Memphis, MI was lowest in Jul 2025 when it was $795 per month.
- When is the average rent for an apartment most expensive in Memphis, MI?In the last year, the average rent in Memphis, MI was highest in May 2025 when it was $1,500 per month.
- How many apartments or condos are available to rent in Memphis, MI?There are 1 available apartments or condos to rent in Memphis, MI.
- What are some zip codes in Memphis, MI?Memphis, MI includes zip codes such as: 48041.
- What are some cities near Memphis, MI?
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