Rooms For Rent in Memphis, TN

33 rentals

Apartments For Rent Near Memphis, TN

We found 5 more apartments matching your filters just outside Memphis

Average Rent Trends in Memphis, TN

Rent in Memphis, TN 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 Apr 2025.
MonthAverage rent
Jun 2025$1,325
Jul 2025$1,350
Aug 2025$1,345
Sep 2025$1,300
Oct 2025$1,295
Nov 2025$1,250
Dec 2025$1,250
Jan 2026$1,235
Feb 2026$1,225
Mar 2026$1,235
Apr 2026$1,250
May 2026$1,250
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 Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$875$995$1,350$1,595$1,250
Townhomes$650$1,000$1,350$1,050$1,100
Apartments and Condos$850$907$1,395$1,500$902
Houses$750$995$1,350$1,595$1,390
See more information about local market trends in Memphis, TN

Frequently Asked Questions about Rentals in Memphis, TN

  • What is the average rent of an apartment in Memphis, TN?
    The average rent of an apartment in Memphis, TN is $943 per month. This is about 51% lower than the national average.
  • What is the average rent of a house in Memphis, TN?
    The average rent of a house in Memphis, TN is $1,390 per month. This is about 28% lower than the national average.
  • What is the average rent of a townhome in Memphis, TN?
    The average rent of a townhome in Memphis, TN is $1,100 per month. This is about 43% lower than the national average.
  • When is the average rent cheapest in Memphis, TN?
    In the last year, the average rent in Memphis, TN was lowest in Nov 2025 when it was $1,250 per month.
  • When is the average rent most expensive in Memphis, TN?
    In the last year, the average rent in Memphis, TN was highest in Apr 2025 when it was $1,350 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Memphis, TN?
    The average rent of a 1 bedroom apartment in Memphis, TN is $875 per month. That is about $200 less than the cost of a studio apartment.
  • How many available rental listings are in Memphis, TN?
    There are 3,064 available rental listings in Memphis, TN.
  • What colleges and universities are in Memphis, TN?
    Colleges and universities in Memphis, TN include: University of Memphis.
  • What are some neighborhoods in Memphis, TN?
  • What are some zip codes in Memphis, TN?
    Memphis, TN includes zip codes such as: 38109, 38128, 38125, 38134, 38016.
  • What are some cities near Memphis, TN?
    Some nearby cities include: Southaven, West Memphis, Horn Lake, Germantown, Bartlett. These cities may have more rental options to explore.