Apartments in Orange Mound Memphis

1 - 30 of 115 Results
11
$1,045
Memphis, TN
3 BR | Available Now
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Orange Mound
1
$650
Memphis, TN
1 BR | Ask for Availability
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Orange Mound
7
$795
2734 Southern Ave/593 Marianna St Memphis, TN
2 BR | Available Now
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7
$895
584 Baltimore St Memphis, TN
3 BR | Available Now
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Air Conditioning
Disability Access
1
$599
Memphis, TN
3 BR | Available Now
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13
$950
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$565
3000 Barron Avenue Memphis, TN
2 BR | Available Now
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Student
In Unit Laundry
20
$1,295
Memphis, TN
2 BR | Available Now
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Air Conditioning
0
$950
Memphis, TN
2 BR | Ask for Availability
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6
$1,250
Memphis, TN
3 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
House
9
$1,250
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
10
$1,295
Memphis, TN
4 BR | Available Now
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8
$1,195
498 Josephine St Memphis, TN
3 BR | Available Now
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Storage
Disability Access
1
$525 - 600
1175 Barron Court Memphis, TN
2 BR | Available Now
In Unit Laundry
9
$799
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
15
$1,050
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
11
$695
Memphis, TN
1 BR | May. 31, 2024
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Dog Friendly
Cat Friendly
11
$695
Memphis, TN
1 BR | May. 31, 2024
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Dog Friendly
Cat Friendly
9
$960
416 Hodges St Memphis, TN
2 BR | Available Now
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Storage
Disability Access
9
$985
Memphis, TN
2 BR | Available Now
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Storage
$949
2541 Kimball Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
13
$949
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
9
$985
Memphis, TN
2 BR | Jun. 3, 2024
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House
Storage
15
$795
2277 Longstreet Dr. Memphis, TN
2 BR | Available Now
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$1,000
Memphis, TN
4 BR | Available Now
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Storage
15
$1,150
1279 Poppen Dr Memphis, TN
4 BR | Ask for Availability
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1
$1,150
Memphis, TN
3 BR | Available Now
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House
1
$1,150
Memphis, TN
3 BR | Jun. 1, 2024
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House
$895
Memphis, TN
2 BR | Jun. 1, 2024
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$695
1364 Chadwick Cir Memphis, TN
2 BR | Ask for Availability
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Air Conditioning
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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.