Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Memphis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments in High Point Terrace Memphis

61 - 76 of 76 Results
18
$2,200
Gorgeous Custom Built Home At 581 Alexander Now For Lease
581 Alexander St Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
House
Storage
Dishwasher
16
$1,295
4146 Bayliss Ave
Memphis, TN
4 BR | Ask for Availability
Contact
House
Air Conditioning
13
$1,550
161 Plainview St
Memphis, TN
2 BR | Available Now
Contact
House
Dishwasher
16
$975
4108 Wilmette
Memphis, TN
2 BR | Available Now
Contact
House
$575
865 N Bingham St
Memphis, TN
1 BR | Ask for Availability
Contact
4
$1,495
3 Bedroom Home In Berclair!
4254 Crafton Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
12
$695
Recently Renovated Apartment In Nutbush
1447 Wells Station Rd Unit 6 Memphis, TN
2 BR | Available Now
Contact
House
18
$1,595
Available Now!
2676 Central Ter Memphis, TN
2 BR | Ask for Availability
Contact
House
$1,200
2915 Felix Ave
Memphis, TN
2 BR | Available Now
Contact
House
Storage
Dishwasher
0
$1,350
2659 Central
Memphis, TN
3 BR | Jul. 19, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
9
$985
393 Buntyn St
Memphis, TN
2 BR | May. 13, 2024
Contact
House
Storage
8
$1,195
498 Josephine St
Memphis, TN
3 BR | Available Now
Contact
House
Storage
Disability Access
9
$960
Move In Special! 1/2 Off First Month's Rent With An April Move-in Date
416 Hodges St Memphis, TN
2 BR | Available Now
Contact
House
Storage
Disability Access
20
$1,295
543 Lundee Pl
Memphis, TN
2 BR | Available Now
Contact
House
Air Conditioning
9
$1,100 - 3,300
The Embassy Apartments
505 South Perkins Road Memphis, TN
2 - 3 BR | Available Now
Contact
Heat Included
Luxury
Covered Parking
Storage
Pool
7
$895
Rent Reduced!!
584 Baltimore St Memphis, TN
3 BR | Available Now
Contact
House
Air Conditioning
Disability Access
61 - 76 of 76 Results
  1. Home
  2. Memphis
  3. High Point Terrace
Frequently Asked Questions

How many apartments are available in High Point Terrace on Rentable.co?

Rentable.co has over 68 apartments available near High Point Terrace.

What is the average rent for a one-bedroom apartment in High Point Terrace?

The average rent for a one-bedroom apartment near High Point Terrace is around $850 per month.

What is the average rent for a two-bedroom apartment in High Point Terrace?

The average rent for a two-bedroom apartment near High Point Terrace is around $945 per month.

How many apartments are available in Memphis, TN on Rentable.co?

Rentable.co has over 18,323 apartments available in Memphis.

What is the average rent for a studio apartment in Memphis, TN?

The average rent for a studio apartment in Memphis is around $880 per month.

What is the average rent for a one-bedroom apartment in Memphis, TN?

The average rent for a one-bedroom apartment in Memphis is around $950 per month.

What is the average rent for a two-bedroom apartment in Memphis, TN?

The average rent for a two-bedroom apartment in Memphis is around $1,070 per month.

How expensive is it to rent an apartment in Memphis, TN?

For a two-bedroom apartment in Memphis, the average rent price is $1,070 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Memphis, TN?

Based on average rent prices in Memphis, to afford a studio apartment you would need an annual household income of $35,000 to live comfortably.

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.

Browse Memphis Apartments
Memphis Apartments by Neighborhood
Memphis Apartments by Bedrooms
Memphis Apartments by Affordability
Memphis Apartments with Amenities
Memphis Apartments by Type
Colleges Near Memphis
Memphis Apartments by Zip Code