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 stayed about the same in May 2026 compared to the previous month. Rent previously 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 |
Average Rent By Bedroom and Home Type
In May 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 | — | $1,100 | $1,700 | — | $1,100 |
| Apartments and Condos | — | $1,100 | — | — | $1,100 |
| Houses | — | — | $1,700 | — | $1,700 |
Frequently Asked Questions about Apartments and Condos for rent in Memphis, MI
- What is the average rent of an apartment or condo in Memphis, MI?The average rent of an apartment or condo in Memphis, MI is $1,100. Rent prices range from $1,100 to as much as $1,100, depending on the type of apartment or condo.
- How does the rent of an apartment or condo in Memphis, MI compare to the national average?Average rent of an apartment or condo in Memphis, MI is about 42% lower than the national average rent of $1,910 for an apartment or condo. That means it is less expensive to rent an apartment or condo in Memphis compared to the U.S. average.
- What is the average rent of an apartment or condo in Memphis, MI, by number of bedrooms?The average rent of an apartment or condo in Memphis, MI is $ for a studio, $ for a 1 bedroom, $1,100 for a 2 bedroom, $ for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices of an apartment or condo in Memphis, MI changed compared to last year?In the past year, the average rent price of an apartment or condo in Memphis, MI has increased by $1,100. That means the average rent of an apartment or condo is 100% higher than last year.
- 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?