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 2‑bed, 1‑bath Home With Great Location by bedroom type below.
2 Bedroom
Suggested income:
$33,300
per year
Rent report
Cozy 2‑bed, 1‑bath Home With Great Location Rent vs. Memphis Average
Cozy 2‑bed, 1‑bath Home With Great Location
Memphis Average
2BR
$925
$1,208
$0
$400
$800
$1,200
$1,600
Cozy 2‑bed, 1‑bath Home With Great Location is asking 23%
less than the average 2 bedroom apartment in
Memphis.
If you upsized to an average priced Memphis 3 bedroom apartment, you would pay
12% more per month.
If you downsized to an average priced Memphis 1 bedroom apartment,
you would pay 9% less per month.
Cozy 2‑bed, 1‑bath Home With Great Location provides 6%
less square footage than the average
Memphis 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Cozy 2‑bed, 1‑bath Home With Great Location
2BR
$925
$1.00
$2,775
Memphis Average
Studio
$1,055
$2.20
$3,164
1BR
$1,107
$1.50
$3,322
2BR
$1,208
$1.20
$3,625
3BR
$1,381
$1.00
$4,142
4BR
$1,592
$1.00
$4,777
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 1,236 2BR
units on the market in Memphis. If you're looking to negotiate, this may be your best option.