To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Cozy 3-bedroom, 2-bathroom Home With Charming Updates by bedroom type below.
3 Bedroom
Suggested income:
$46,600
per year
Rent report
Cozy 3-bedroom, 2-bathroom Home With Charming Updates Rent vs. Memphis Average
Cozy 3-bedroom, 2-bathroom Home With Charming Updates
Memphis Average
3BR
$1,295
$1,392
$0
$500
$1,000
$1,500
$2,000
Cozy 3-bedroom, 2-bathroom Home With Charming Updates is asking 7%
less than the average 3 bedroom apartment in
Memphis.
If you upsized to an average priced Memphis 4 bedroom apartment, you would pay
12% more per month.
If you downsized to an average priced Memphis 2 bedroom apartment,
you would pay 17% less per month.
Cozy 3-bedroom, 2-bathroom Home With Charming Updates provides 21%
less square footage than the average
Memphis 3 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Cozy 3-bedroom, 2-bathroom Home With Charming Updates
3BR
$1,295
$1.30
$3,885
Memphis Average
Studio
$1,110
$2.70
$3,329
1BR
$1,091
$1.50
$3,272
2BR
$1,185
$1.20
$3,556
3BR
$1,392
$1.10
$4,177
4BR
$1,591
$1.00
$4,772
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 1,378 2BR
units on the market in Memphis. If you're looking to negotiate, this may be your best option.