Apartments in Orange Mound Memphis

61 - 90 of 94 Results
17
$815 - 915
2451 Union Avenue Memphis, TN
2 BR | Available Now
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Section 8
Air Conditioning
Storage
14
$1,850
1934 Nelson Memphis, TN
3 BR | Available Now
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Storage
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0
$1,295
Memphis, TN
2 BR | Ask for Availability
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11
$850
3641 Allandale Ln Memphis, TN
2 BR | Ask for Availability
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Air Conditioning
12
$995
611 Patterson Memphis, TN
2 BR | Aug. 12, 2024
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Air Conditioning
Surface Parking
$695
Memphis, TN
2 BR | Available Now
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1
$900 - 1,025
3636-3646 Spottswood Ave Memphis, TN
2 - 3 BR | Available Now
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18
$895
Memphis, TN
1 BR | Jun. 14, 2024
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7
$1,750
Memphis, TN
2 BR | Available Now
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Dishwasher
5
$725
Memphis, TN
1 BR | Available Now
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Disability Access
Dishwasher
21
$1,095
3640 Rhodes Ave Memphis, TN
2 BR | Available Now
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Surface Parking
Balcony/Deck/Patio
2
$800 - 975
592-600 Patterson St Memphis, TN
1 - 2 BR | Available Now
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Air Conditioning
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19
$1,295
3520 Heckle Ave Memphis, TN
3 BR | Ask for Availability
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Air Conditioning
15
$1,425
Memphis, TN
4 BR | Available Now
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Air Conditioning
19
$1,325
518 Summitt St Memphis, TN
2 BR | Available Now
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13
$1,650
18 S Alicia Dr Memphis, TN
3 BR | Available Now
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7
$2,200
Memphis, TN
4 BR | May. 14, 2024
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Balcony/Deck/Patio
Storage
Call for Pricing
Memphis, TN
2 BR | Ask for Availability
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13
$950
3505 Hester Ave Memphis, TN
2 BR | Ask for Availability
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Air Conditioning
0
$1,195
Memphis, TN
2 BR | Ask for Availability
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1
$500 - 610
2743 Ketchum Road Memphis, TN
1 - 2 BR | Available Now
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12
$1,350
Memphis, TN
3 BR | May. 10, 2024
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Disability Access
13
$1,000
Memphis, TN
2 BR | Available Now
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Balcony/Deck/Patio
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10
$875
Memphis, TN
1 BR | Available Now
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12
$885
69 Eastview Dr Memphis, TN
2 BR | Available Now
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32
$1,395
1667 Foster Ave Memphis, TN
3 BR | Available Now
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21
$1,350 - 1,800
197 Windover Road #9 Memphis, TN
1 - 3 BR | Available Now
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Townhome
Air Conditioning
In Unit Laundry
4
$1,175 - 1,990
2017 Peabody Ave Memphis, TN
1 - 2 BR | Available Now
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Air Conditioning
Surface Parking
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1
$925
160 Hayden Pl Memphis, TN
1 BR | Available Now
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18
$1,100
Memphis, TN
2 BR | Available Now
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61 - 90 of 94 Results
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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.