If you upsized to an average priced Memphis 4 bedroom apartment, you would pay
20% more per month.
If you downsized to an average priced Memphis 2 bedroom apartment,
you would pay 15% less per month.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Memphis Average
Studio
$1,016
$2.00
$3,049
1BR
$1,110
$1.50
$3,330
2BR
$1,198
$1.20
$3,593
3BR
$1,377
$1.10
$4,131
4BR
$1,715
$1.00
$5,144
Availability in Memphis
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 1,167 2BR
units on the market in Memphis. If you're looking to negotiate, this may be your best option.