To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 2nd Street Flats by bedroom type below.
2 Bedroom
Suggested income:
$41,900
per year
Rent report
2nd Street Flats Rent vs. Memphis Average
2nd Street Flats
Memphis Average
2BR
$1,163
$1,185
$0
$400
$800
$1,200
$1,600
2nd Street Flats is asking 2%
less than the average 2 bedroom apartment in
Memphis.
If you upsized to an average priced Memphis 3 bedroom apartment, you would pay
15% more per month.
If you downsized to an average priced Memphis 1 bedroom apartment,
you would pay 9% less per month.
2nd Street Flats provides 17%
less square footage than the average
Memphis 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
2nd Street Flats
2BR
$1,163
$1.40
$3,489
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 1,360 2BR
units on the market in Memphis. If you're looking to negotiate, this may be your best option.