Houses for Rent in Memphis, TN

1 of 78 Results
7
$800
3239 Nathan
Memphis, TN
2 BR | Available Now
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Dishwasher
25
$1,795
Charming 3 Bedroom 2 Bath Family Home
3891 Ross Rd Memphis, TN
3 BR | Ask for Availability
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Air Conditioning
11
$1,580
5439 Loch Lomond Dr
5439 Loch Lomond Rd Memphis, TN
4 BR | Ask for Availability
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Air Conditioning
11
$1,250
1383 Janis Dr
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
21
$1,295
4729 Laughlin Rd - Available Now!
4729 Laughlin Rd Memphis, TN
3 BR | Ask for Availability
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13
$1,595
Beautiful 4 Bedroom 2 Bath Family Home
3078 Estes St Memphis, TN
4 BR | Ask for Availability
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Air Conditioning
9
$1,495
Great House With Lots Of Room!
4438 Sphinx Cv Memphis, TN
3 BR | Ask for Availability
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20
$1,350
5947 Hickory Leaf - Available Now!
5947 Hickory Leaf Dr Memphis, TN
3 BR | Ask for Availability
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House
18
$1,095
663 Leacrest Ave
Memphis, TN
3 BR | Ask for Availability
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Air Conditioning
21
$1,050
1058 S Highland - Available Now!
1058 S Highland St Memphis, TN
3 BR | Ask for Availability
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11
$925
1734 Wildrose St
Memphis, TN
4 BR | Available Now
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House
22
$1,250
3085 Capri Rd - Available Now!
3085 Capri Rd Memphis, TN
3 BR | Ask for Availability
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18
$995
3592 Suzanne Dr
Memphis, TN
3 BR | Ask for Availability
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11
$1,295
3224 Boxdale St
Memphis, TN
3 BR | Available Now
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Air Conditioning
19
$1,095
Cozy 2 Bedroom 1.5 Bathroom Home
3285 Gaylord Ln Memphis, TN
2 BR | Ask for Availability
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Air Conditioning
5
$1,250
3725 Briar Rose Rd
Memphis, TN
3 BR | Jul. 20, 2023
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Cat Friendly
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Air Conditioning
Covered Parking
4
$995
535 E Shelby Dr
Memphis, TN
3 BR | Available Now
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Cat Friendly
House
6
$975
4Br House In Memphis
2355 Hubbard Ave Memphis, TN
4 BR | Ask for Availability
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7
$1,100
3Br In Memphis
1643 Corning Ave Memphis, TN
3 BR | Ask for Availability
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House
22
$1,550
3546 Kings Arms - Available Now!
3546 Kings Arms St Memphis, TN
4 BR | Ask for Availability
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House
11
$1,050
4034 Rhodes Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
11
$995
4057 Windermere Rd
Memphis, TN
3 BR | Available Now
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Dog Friendly
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House
27
$1,225
3490 Obion St
Memphis, TN
3 BR | Ask for Availability
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Air Conditioning
11
$1,050
3127 Knightway Rd
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Covered Parking
13
$1,200
3128 Kathy Cv
Memphis, TN
4 BR | Available Now
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Cat Friendly
House
24
$1,395
1766 Victoria Ave - Available Now!
1766 Victoria Ave Memphis, TN
3 BR | Ask for Availability
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7
$1,025
2967 Meadowfair Rd
Memphis, TN
3 BR | Available Now
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Air Conditioning
15
$1,195
Great 3 Bedroom 2 Bathroom Home!
3299 S Perkins Rd Memphis, TN
3 BR | Ask for Availability
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14
$1,250
2785 W Hickory Blf
Memphis, TN
2 BR | Available Now
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Cat Friendly
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12
$1,200
3781 Wickcliff Ln
Memphis, TN
4 BR | Available Now
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1 - 30 of 78 Results
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How much does it cost to rent a house in Memphis?

houses
Bed Type Average Rent Range
1BR $980 $550 - $1,900
2BR $900 $470 - $1,610
3BR $1,250 $990 - $1,750
4+BR $1,400 $840 - $2,580
Memphis Apartments
Bed Type Average Rent Range
Studio $1,080 $690 - $2,010
1BR $1,010 $550 - $1,670
2BR $1,150 $640 - $1,790
3BR $1,250 $760 - $2,330
4+BR $1,400 $660 - $2,840
Memphis Houses For Rent vs. Memphis Average

Memphis:
June Rent Report

Welcome to the June 2023 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2023 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 May to June

Memphis rent prices increased over the last month. From May to June, the city experienced a 0.7% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $1,003.0.

When we take a look at the two-bedroom comparison from May to June, Memphis experienced a 0.71% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,137.0.

June 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 2 of the Memphis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

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

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

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

  • 1 suburb is currently priced lower than the city of Memphis.

June 2023 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.

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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Memphis, TN $996.0 1.43% $1,129.0 -0.62%
Cordova, TN $1,457.0 1.25% $1,579.0 -0.25%
Southaven, MS $1,470.0 5.53% $1,477.0 0.20%
Collierville, TN $1,376.0 -0.43% $1,689.0 1.56%
Horn Lake, MS $1,288.0 -1.45% $1,351.0 -1.32%
Walls, MS $985.0 0.00% $1,235.0 2.83%
Germantown, TN $1,499.0 0.00% $1,834.0 0.22%

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.