Apartments in New Chicago Memphis

Map
1 - 30 of 33 Results
1
$555 - 585
1415 Breedlove St
Memphis, TN
1 BR | Ask for Availability
Air Conditioning
New Chicago
2
$1 - 250
Saints Courts Apartments
994 North Watkins Street Memphis, TN
1 - 2 BR | Available Now
24
$1,500
883 Garland St
Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony, Deck, Patio
20
$1,575
924 Maury St
Memphis, TN
3 BR | Available Now
House
Air Conditioning
Balcony, Deck, Patio
Dishwasher
Voillintine-Evergreen
13
$950
825 N Mcneil St
Memphis, TN
2 BR | Available Now
House
Balcony, Deck, Patio
Disability Access
Dishwasher
21
$1,795
920 N Avalon St
Memphis, TN
4 BR | Available Now
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony, Deck, Patio
7
$650
754 756 Breedlove St
Memphis, TN
2 BR | Available Now
Balcony, Deck, Patio
Storage
Disability Access
Dishwasher
1
$595
741 Olympic St
Memphis, TN
2 BR | Ask for Availability
Air Conditioning
21
$850
886 Griffith Ave
Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
8
$1,150
1561 Jackson St
Memphis, TN
2 BR | Available Now
Balcony, Deck, Patio
9
$625
820 Keel Ave
Memphis, TN
1 BR | Available Now
House
Balcony, Deck, Patio
Dishwasher
14
$850
1202 1204 Tutwiler Ave
Memphis, TN
1 BR | Available Now
Air Conditioning
Balcony, Deck, Patio
Disability Access
Dishwasher
16
$995
1870 Vollintine St
Memphis, TN
2 BR | Available Now
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony, Deck, Patio
1
$1,400
1019 University St
Memphis, TN
2 BR | Available Now
Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Disability Access
1
$599 - 729
2059 N Cabana Cir
Memphis, TN
2 BR | Available Now
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Disability Access
Dishwasher
21
$1,488 - 2,455
Parcels at Concourse
5.0
1350 Concourse Avenue, Suite 750 Memphis, TN
Studio - 2 BR | Dec. 26, 2022
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
1
$2,040
Hawthorne St
Memphis, TN
4 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
$725
2020-2022 Vollintine Ave
Memphis, TN
3 BR | Ask for Availability
Voillintine-Evergreen
22
$1,546 - 2,343
Parcels At Concourse
1350 Concourse Avenue, Suite 750 Memphis, TN
Studio - 2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
7
$1,735
Modern Living In Evergreen Historic District
569 N Mclean Blvd Memphis, TN
2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
16
$2,150
1439 Down River Dr
Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Storage
19
$2,350
1450 Island Town Cv
Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
House
Dishwasher
19
$1,350
350 Malvern St
Memphis, TN
2 BR | Available Now
House
Air Conditioning
Balcony, Deck, Patio
Dishwasher
75
$4,200
1781 Forrest Ave
Memphis, TN
5 BR | Available Now
House
Balcony, Deck, Patio
Disability Access
Dishwasher
6
$675
302 Mill St
Memphis, TN
1 BR | Available Now
Air Conditioning
Balcony, Deck, Patio
Disability Access
Dishwasher
38
$2,840
1413 Island Town Dr
Memphis, TN
3 BR | Available Now
House
Air Conditioning
Balcony, Deck, Patio
Storage
Dishwasher
21
$2,240
243 Island Village Dr
Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Storage
3
$425
The Peach Apartments
1330 Peach Ave Memphis, TN
1 BR | Available Now
12
$1,195
859 Charles Pl
Memphis, TN
2 BR | Available Now
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony, Deck, Patio
27
$2,435
426 N Front St
Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
House
Air Conditioning
Fitness Center
1 - 30 of 33 Results
  1. Home
  2. Memphis
  3. New Chicago

How much does it cost to rent an apartment in Memphis?

Memphis Apartments
Bed Type Average Rent Range
Studio $1,000 $630 - $1,490
1BR $950 $550 - $1,650
2BR $1,150 $630 - $1,810
3BR $1,250 $770 - $2,300
4+BR $1,710 $680 - $4,200

Memphis:
December Rent Report

Welcome to the December 2022 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2022 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

Memphis Rent Prices Increase From November to December

Memphis rent prices increased over the last month. From November to December, the city experienced a 0.11% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $898.0.

When we take a look at the two-bedroom comparison from November to December, Memphis experienced a -0.68% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,029.0.

December Prices: Memphis vs. Surrounding Areas

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 3 of the Memphis suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Cordova, TN, Southaven, MS, Bartlett, TN .

  • Rent decreased in Horn Lake, MS, Collierville, TN, Germantown, TN.

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

December 2022 Pricing Trends: Memphis vs. National Comparisons

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.

You can view the full rundown of Rentable's December 2022 National Apartment Report and data set here.

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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Memphis, TN $897.0 -0.11% $1,036.0 -2.08%
Cordova, TN $1,353.0 2.81% $1,497.0 0.67%
Southaven, MS $1,257.0 3.37% $1,493.0 -3.68%
Horn Lake, MS $1,246.0 -1.74% $1,200.0 0.00%
Collierville, TN $1,290.0 -0.85% $1,384.0 -0.65%
Germantown, TN $1,241.0 -0.64% $1,683.0 -0.94%
Bartlett, TN $1,472.0 0.27% $1,831.0 0.94%

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.