Apartments in Central Gardens Memphis

1 - 30 of 171 Results
11
$685 - 1,005
1437 Central Avenue Memphis, TN
Studio - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
$895
587 S. Belvedere Memphis, TN
1 BR | Available Now
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House
In Unit Laundry
Dishwasher
Central Gardens
4
$1,400
Memphis, TN
1 BR | Jul. 1, 2024
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Dog Friendly
Air Conditioning
Central Gardens
9
$1,400
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
17
$2,000
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
Central Gardens
17
$1,650
1593 York Ave Memphis, TN
3 BR | Available Now
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House
Dishwasher
Central Gardens
6
$950
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
9
$1,099 - 1,875
775 Melrose St Memphis, TN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
4
$925
1896 Peabody Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
9
$795 - 850
1632 Monroe St Memphis, TN
1 BR | Jul. 12, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
21
$975
Memphis, TN
2 BR | Jul. 8, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
5
$1,350
Memphis, TN
1 BR | Jul. 10, 2024
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Dog Friendly
Cat Friendly
Disability Access
2
$1,025 - 1,495
1655 Madison Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
0
$1,295
1333 Harbert Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
$750
1530 Monroe Ave Memphis, TN
1 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
6
$795
1353 Vance Memphis, TN
1 BR | Jun. 14, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
25
$1,850
Memphis, TN
4 BR | Jun. 10, 2024
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House
Surface Parking
Storage
Dishwasher
29
$1,895
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
17
$2,500
Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
2
$970 - 1,225
306 S Cleveland St Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
$895
1515 Madison Ave Unit 1 Memphis, TN
1 BR | Available Now
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House
7
$1,150
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
4
$895
1307 Vinton Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
31
$695
Memphis, TN
Studio | Jul. 10, 2024
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Dog Friendly
Cat Friendly
$595 - 650
1301 Goodbar Ave Memphis, TN
2 BR | Available Now
5
$830
1772-1776 Madison Memphis, TN
1 BR | Available Now
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Air Conditioning
Dishwasher
15
$525 - 1,200
6 South Mclean Blvd Memphis, TN
Studio - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
1
$925 - 1,150
1812-1820 Madison Ave Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
4
$850
Memphis, TN
2 BR | Jun. 14, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
45
$2,200
1283 Harbert Ave Memphis, TN
5 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
1 - 30 of 171 Results
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Memphis:
May Rent Report

Welcome to the May 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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

$1,250
$940
$630
$310
$0
Mar. 2023
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
1 BR       2 BR

Memphis Rent Prices Decrease From April to May

Memphis rent prices decreased over the last month. From April to May, the city experienced a -0.62% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $959.0.

When we take a look at the two-bedroom comparison from April to May, Memphis experienced a -0.09% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,074.0.

May Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Millington, TN
$1,544
$1,476
$1,439
$1,314
$1,260
$953
$500
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have decreased 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 Horn Lake, MS, Collierville, TN .

  • Rent decreased in Cordova, TN, Southaven, MS, Germantown, TN, Millington, TN.

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

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

May 2024 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Memphis, TN
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$953
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Memphis Rent Prices More Affordable Than Major Cities

Rent growth in Memphis over the past year has been declining. 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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Memphis, TN $953.0 -0.52% $1,068.0 -0.19%
Cordova, TN $1,476.0 -0.14% $1,624.0 -0.61%
Southaven, MS $1,260.0 -0.79% $1,457.0 1.39%
Horn Lake, MS $1,314.0 0.84% $1,428.0 -0.49%
Collierville, TN $1,439.0 3.01% $1,632.0 0.00%
Germantown, TN $1,544.0 -0.07% $1,845.0 0.55%
Millington, TN $500.0 0.00% $1,500.0 42.45%

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.