Apartments in McKeller Memphis

1 - 29 of 29 Results
$900
Memphis, TN
2 BR | Available Now
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McKeller
House
$995
2052 Prospect St Memphis, TN
3 BR | Available Now
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McKeller
Dog Friendly
Cat Friendly
House
9
$775
821 Lucille Ave Memphis, TN
2 BR | Available Now
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House
$475 - 585
1726 S. Orleans Street Memphis, TN
2 BR | Available Now
13
$895
Memphis, TN
2 BR | Available Now
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House
Air Conditioning
4
$1,050
1546 Marjorie St Memphis, TN
4 BR | Available Now
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House
1
$400
Memphis, TN
1 BR | Ask for Availability
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11
$895
1497 Mississippi Blvd Memphis, TN
3 BR | Available Now
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House
4
$545
Memphis, TN
1 BR | Ask for Availability
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4
$495
Memphis, TN
Studio - 1 BR | Ask for Availability
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1
$650
Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Den
$1,550
1617 Pillow St Memphis, TN
3 BR | Available Now
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House
11
$500
Memphis, TN
2 BR | Available Now
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Den
$1,995
1273 Englewood St Memphis, TN
5 BR | Jul. 1, 2024
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House
1
$499
Memphis, TN
2 BR | Available Now
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House
$1,995
1247 Englewood St Memphis, TN
5 BR | Jul. 1, 2024
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4
$450
Memphis, TN
2 BR | Available Now
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House
$550
Memphis, TN
1 BR | Ask for Availability
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House
$950
1101 S 4th St Memphis, TN
2 BR | Jul. 1, 2024
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$1,450
1396 Quinn Ave Memphis, TN
3 BR | Available Now
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House
9
$525
Memphis, TN
1 BR | Available Now
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House
Disability Access
$649 - 749
1528 Ragan Street Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
12
$1,095
1050 Cummings St Memphis, TN
3 BR | Available Now
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House
1
$800
Memphis, TN
1 BR | Available Now
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Dog Friendly
House
Air Conditioning
1
$650
Memphis, TN
2 BR | Ask for Availability
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13
$1,195
1611 Foster Ave Memphis, TN
3 BR | Available Now
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House
7
$995
1593 Waverly Ave Memphis, TN
2 BR | Available Now
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House
Air Conditioning
20
$1,395
1609 Waverly Ave Memphis, TN
4 BR | Available Now
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Cat Friendly
House
Disability Access
1
$1,200
Memphis, TN
3 BR | Available Now
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House
1 - 29 of 29 Results
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Memphis:
June Rent Report

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

$1,200
$900
$600
$300
$0
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
1 BR       2 BR

Memphis Rent Prices Decrease From May to June

Memphis rent prices decreased over the last month. From May to June, the city experienced a -0.1% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $952.0.

When we take a look at the two-bedroom comparison from May to June, Memphis experienced a 0.28% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,068.0.

June Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Millington, TN
$1,561
$1,475
$1,450
$1,332
$1,300
$953
$671
$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 5 of the Memphis suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Southaven, MS, Collierville, TN, Horn Lake, MS, Germantown, TN, Millington, TN .

  • Rent decreased in Cordova, TN.

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

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

June 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
$4,132
$3,030
$2,390
$2,331
$1,905
$1,353
$1,259
$1,203
$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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Memphis, TN $953.0 0.00% $1,065.0 -0.28%
Cordova, TN $1,475.0 -0.07% $1,618.0 -0.37%
Southaven, MS $1,300.0 3.18% $1,458.0 0.07%
Collierville, TN $1,450.0 0.76% $1,634.0 0.12%
Horn Lake, MS $1,332.0 1.37% $1,453.0 1.75%
Germantown, TN $1,561.0 1.10% $1,863.0 0.98%
Millington, TN $671.0 34.20% $1,500.0 0.00%

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.