Apartments in Mud Island Memphis

1 - 30 of 77 Results
25
$1,335 - 3,000
444 Island Dr., Suite Memphis, TN
1 - 4 BR | Ask for Availability
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Surface Parking
25
$1,585 - 2,320
300 Grand Island Drive Memphis, TN
1 - 3 BR | Ask for Availability
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Surface Parking
0
$2,600
Memphis, TN
3 BR | Ask for Availability
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Dishwasher
Mud Island
12
$1,020 - 1,510
1440 Island Park Drive Memphis, TN
1 - 2 BR | Available Now
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Section 8
0
$2,600
81 Island Crest Cir Memphis, TN
3 BR | Available Now
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Dishwasher
Mud Island
$4,500
1060 Island Dr Memphis, TN
3 BR | Available Now
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16
$2,100
153 Marrakesh Cir Memphis, TN
3 BR | Available Now
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24
$2,200
76 Island Crest Cir Memphis, TN
2 BR | Available Now
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Balcony/Deck/Patio
18
$2,695
859 Harbor Bend Rd Memphis, TN
3 BR | Aug. 10, 2024
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Mud Island
5
$905 - 1,055
100 Riverset Lane Memphis, TN
1 - 2 BR | Available Now
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Balcony/Deck/Patio
0
$1,895
1227 Isle Bay Dr Memphis, TN
2 BR | Available Now
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Mud Island
$2,795
1250 Island Pl E Memphis, TN
3 BR | Ask for Availability
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Mud Island
14
$2,700
Memphis, TN
4 BR | Available Now
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Mud Island
5
$2,395
682 Marina Cottage Dr Memphis, TN
2 BR | Available Now
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24
$1,025 - 1,777
671 Harbor Edge Drive Memphis, TN
1 - 3 BR | Available Now
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Fitness Center
15
$2,795
670 Marina Cottage Dr Memphis, TN
2 BR | Available Now
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57
$2,600
Memphis, TN
3 BR | Available Now
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5
$1,650
444 Island Dr Memphis, TN
2 BR | Available Now
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Balcony/Deck/Patio
18
$2,595
1372 Island Town Dr Memphis, TN
4 BR | Aug. 10, 2024
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Disability Access
12
$1,068 - 2,400
1298 Mount Hope Drive Memphis, TN
1 - 3 BR | Available Now
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Townhome
Section 8
0
$550
Memphis, TN
1 BR | Available Now
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13
$2,150
282 Island Blf Memphis, TN
2 BR | Aug. 24, 2024
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28
$1,295
Memphis, TN
4 BR | Available Now
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Storage
0
$2,550
1463 Down Riv Memphis, TN
3 BR | Ask for Availability
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11
$799
1018 N 7th St Memphis, TN
2 BR | Available Now
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12
$935 - 1,884
1445 River Estates Drive Memphis, TN
1 - 3 BR | Available Now
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Section 8
In Unit Laundry
10
$1,075
Memphis, TN
2 BR | Available Now
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8
$1,760 - 1,895
Memphis, TN
3 BR | Available Now
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Balcony/Deck/Patio
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Downtown Memphis
0
$700
829 Dunlap Cir Memphis, TN
1 BR | Available Now
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49
$790 - 995
252 North Lauderdale Memphis, TN
1 - 2 BR | Available Now
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Memphis:
July Rent Report

Welcome to the July 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
1 BR       2 BR

Memphis Rent Prices Increase From June to July

Memphis rent prices increased over the last month. From June to July, the city experienced a 0.42% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $956.0.

When we take a look at the two-bedroom comparison from June to July, Memphis experienced a 0.47% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,073.0.

July Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Millington, TN
$1,570
$1,467
$1,432
$1,351
$1,329
$952
$700
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

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

More key findings include:

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

  • Rent decreased in Cordova, TN, Collierville, TN.

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

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

July 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
$4,189
$3,023
$2,389
$2,340
$1,888
$1,394
$1,253
$1,200
$952
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

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 July 1 BR M/M % Change 2 BR July 2 BR M/M % Change
Memphis, TN $952.0 -0.11% $1,068.0 0.28%
Cordova, TN $1,467.0 -0.54% $1,614.0 -0.25%
Southaven, MS $1,329.0 2.23% $1,431.0 -1.85%
Collierville, TN $1,432.0 -1.24% $1,639.0 0.31%
Horn Lake, MS $1,351.0 1.43% $1,462.0 0.62%
Germantown, TN $1,570.0 0.58% $1,882.0 1.02%
Millington, TN $700.0 4.32% $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.