Furnished Apartments in Memphis, TN

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The Chisca On Main
Deal
4.6
272 S. Main St Memphis, TN
Studio - 3 BR | Ask for Availability
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
8
$1,142 - 2,570
The Carrington At Schilling Farms
3.4
1020 Schilling Row Ave Collierville, TN
1 - 3 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
5
$823 - 1,370
Fielder Square
70 S 4th St Memphis, TN
Studio - 2 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Section 8
Covered Parking
10
$1,395 - 1,600
Siegel Select - Memphis
5885 Shelby Oaks Dr Memphis, TN
Studio | Available Now
Heat Included
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
13
$1,351 - 2,260
Siegel Select - Bartlett
7380 Stage Rd Bartlett, TN
Studio - 2 BR | Available Now
Heat Included
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
3
$2,200 - 3,000
The Marine Residence
360 Metal Museum Dr Memphis, TN
2 - 3 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
18
$3,140
1625 Monroe Ave
Memphis, TN
2 BR | Available Now
Furnished
House
Air Conditioning
Balcony, Deck, Patio
Storage
8
$900
2300 Elzey Ave
Memphis, TN
1 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Surface Parking
Disability Access
6
$800
3587 Bayliss Ave,
Memphis, TN
2 BR | Available Now
Heat Included
Furnished
Dog Friendly
Cat Friendly
House
7
$710
9102 Forrest Drive
Southaven, MS
3 BR | Available Now
Heat Included
Furnished
Dog Friendly
Cat Friendly
House
13
$559 - 1,139
PER ROOM
& UNIT
The Stratum On Highland
Deal
2.9
510 S Highland St Memphis, TN
Studio - 4 BR | Available Now
Heat Included
Furnished
Student
Covered Parking
In Unit Laundry
15
$1,950
9425 Cayuga Loop
Scottsdale, TN
4 BR | Available Now
Heat Included
Furnished
Dog Friendly
Cat Friendly
House
1
$1,375
4606 Antosh Cir
Jonesboro, AR
3 BR | Available Now
Furnished
Balcony, Deck, Patio
Storage
Disability Access
Dishwasher
1 - 13 of 13 Results
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How much does it cost to rent a furnished apartment in Memphis?

furnished apartments
Bed Type Average Rent Range
Studio $1,210 $820 - $1,500
1BR $1,140 $900 - $1,260
2BR $2,200 $740 - $3,140
Memphis Apartments
Bed Type Average Rent Range
Studio $1,000 $630 - $1,530
1BR $950 $550 - $1,650
2BR $1,150 $630 - $1,810
3BR $1,250 $780 - $2,300
4+BR $1,760 $680 - $5,000
Memphis Furnished Apartments vs. Memphis Average

Memphis:
December Rent Report

Welcome to the December 2022 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2022 key findings and figures for the Memphis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Memphis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Memphis average rent prices in the chart below.

Monthly Rent Report

Memphis Rent Prices Increase From November to December

Memphis rent prices increased over the last month. From November to December, the city experienced a 0.11% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $898.0.

When we take a look at the two-bedroom comparison from November to December, Memphis experienced a -0.68% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,029.0.

December Prices: Memphis vs. Surrounding Areas

Rent Prices in Memphis and Surrounding Areas

Rent prices have increased in Memphis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Memphis suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Cordova, TN, Southaven, MS, Bartlett, TN .

  • Rent decreased in Horn Lake, MS, Collierville, TN, Germantown, TN.

  • 6 suburbs are currently priced higher than the city of Memphis.

December 2022 Pricing Trends: Memphis vs. National Comparisons

Memphis Rent Prices More Affordable Than Major Cities

Rent growth in Memphis over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Memphis average rent prices appear to be relatively affordable for local residents.

The price for a Memphis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of Rentable's December 2022 National Apartment Report and data set here.

For more information about Memphis and surrounding area rent prices, take a look at the complete data set below.

Data set for Memphis and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Memphis, TN $897.0 -0.11% $1,036.0 -2.08%
Cordova, TN $1,353.0 2.81% $1,497.0 0.67%
Southaven, MS $1,257.0 3.37% $1,493.0 -3.68%
Horn Lake, MS $1,246.0 -1.74% $1,200.0 0.00%
Collierville, TN $1,290.0 -0.85% $1,384.0 -0.65%
Germantown, TN $1,241.0 -0.64% $1,683.0 -0.94%
Bartlett, TN $1,472.0 0.27% $1,831.0 0.94%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.