Cheap Apartments for Rent in Memphis, MI

2 rentals

Apartments For Rent Near Memphis, MI

We found 30 more apartments matching your filters just outside Memphis

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 Sep 2025.
MonthAverage rent
Jan 2025$1,100
Feb 2025$995
May 2025$1,500
Jun 2025$1,050
Jul 2025$795
Sep 2025$1,800
Nov 2025$880
Mar 2026$1,700
Apr 2026$1,100
May 2026$1,100
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types—$1,100$1,700—$1,100
Apartments and Condos—$1,100——$1,100
Houses——$1,700—$1,700
See more information about local market trends in Memphis, MI

Frequently Asked Questions about Rentals in Memphis, MI

  • What is the average rent in Memphis, MI?
    The average rent in Memphis, MI is $1,100. Rent prices range from $1,100 to as much as $1,100, depending on the type of rental.
  • How does the rent in Memphis, MI compare to the national average?
    Average rent in Memphis, MI is about 42% lower than the national average rent of $1,910. That means it is less expensive to rent in Memphis compared to the U.S. average.
  • What is the average rent in Memphis, MI, by number of bedrooms?
    The average rent in Memphis, MI is $ for a studio, $ for a 1 bedroom, $1,100 for a 2 bedroom, $1,700 for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices in Memphis, MI changed compared to last year?
    In the past year, the average rent price in Memphis, MI has increased by $1,100. That means the average rent is 100% higher than last year.
  • How many available rental listings are in Memphis, MI?
    There are 1 available rental listings 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?
    Some nearby cities include: Goodells, Richmond, Emmett, Allenton, Columbus. These cities may have more rental options to explore.