Apartments in Central Gardens Memphis

91 - 120 of 167 Results
3
$1,050
Memphis, TN
2 BR | Jul. 10, 2024
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Air Conditioning
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Dishwasher
9
$875
Memphis, TN
Studio | Jun. 10, 2024
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Air Conditioning
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Disability Access
Dishwasher
32
$1,295
1667 Foster Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
1
$1,050 - 1,350
1160 Jefferson Ave Memphis, TN
2 BR | Available Now
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20
$1,095
2153 Washington Ave Memphis, TN
1 BR | Available Now
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Cat Friendly
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8
$975
1901 Netherwood Ave Memphis, TN
2 BR | Available Now
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House
6
$1,195
2150 Washington Ave Memphis, TN
2 BR | Available Now
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Cat Friendly
Balcony/Deck/Patio
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Disability Access
$2,795
1698 Peach St Memphis, TN
4 BR | Available Now
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House
1
$895
Memphis, TN
2 BR | Available Now
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Dog Friendly
1
$2,500
Memphis, TN
3 BR | Jul. 1, 2024
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Dishwasher
4
$3,200
Memphis, TN
4 BR | Jul. 1, 2024
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2
$1,750
1010 Meda St Memphis, TN
2 BR | Ask for Availability
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House
Cooper-Young
12
$1,200
2155 Poplar Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
9
$1,299
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
8
$1,195
Memphis, TN
2 BR | Ask for Availability
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3
$425
1330 Peach Ave Memphis, TN
1 BR | Available Now
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18
$1,275
1261 Worthington St Memphis, TN
3 BR | Available Now
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Disability Access
9
$525
Memphis, TN
1 BR | Available Now
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House
Disability Access
3
$1,100
147 Roberta St Memphis, TN
2 BR | Jul. 15, 2024
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Dog Friendly
Cat Friendly
Dishwasher
23
$2,100
443 N Avalon St Memphis, TN
4 BR | Available Now
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Cat Friendly
House
Storage
Disability Access
29
$1,320
2399 Avery Ave Memphis, TN
2 BR | Available Now
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Dishwasher
15
$999
1571 Galloway Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
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Disability Access
$695
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$2,495
474 Stonewall St Memphis, TN
3 BR | Ask for Availability
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House
17
$815 - 915
2451 Union Avenue Memphis, TN
2 BR | Available Now
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Dog Friendly
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Section 8
Air Conditioning
Storage
11
$1,295
Memphis, TN
1 BR | Available Now
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Dishwasher
$1,650
1214 Overton Park Memphis, TN
4 BR | Available Now
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House
Dishwasher
7
$695
Memphis, TN
1 BR | Jun. 1, 2024
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Storage
Disability Access
10
$775 - 850
1070 Merriwether Ave Memphis, TN
1 BR | Available Now
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12
$952
1060 Merriwether Ave Memphis, TN
2 BR | Available Now
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91 - 120 of 167 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.