Apartments in South Forum Memphis

1 - 30 of 78 Results
13
$999 - 2,225
272 S. Main St Memphis, TN
Studio - 3 BR | Ask for Availability
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Furnished
Dog Friendly
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Luxury
11
$925 - 1,400
267 South Main St Memphis, TN
Studio - 2 BR | Ask for Availability
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Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
19
$691 - 1,340
521 Vance Park Place Memphis, TN
1 - 3 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
6
$840
Memphis, TN
2 BR | Available Now
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South Forum
7
$760 - 995
107
Owens Pl Memphis, TN
1 - 3 BR | Available Now
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South Forum
10
$710
290 Turley Ste. 128 Memphis, TN
1 BR | Available Now
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Income Restricted
Balcony/Deck/Patio
Fitness Center
Dishwasher
28
$1,000 - 1,725
2.6
266 S Front St Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
6
$1,200 - 1,850
122 Gayoso Avenue Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Covered Parking
12
$1,000 - 1,800
125 Gayoso Ave Memphis, TN
1 - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
5
$1,010 - 1,650
113 South Main Street Memphis, TN
1 - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
37
$4,035
581 S Front St Memphis, TN
3 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
House
Air Conditioning
9
$1,100
130 S Front St Memphis, TN
1 - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
21
$1,525
Memphis, TN
1 BR | Available Now
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House
Surface Parking
Storage
Disability Access
8
$775 - 1,400
110 Barboro Alley Memphis, TN
Studio - 1 BR | Ask for Availability
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Dog Friendly
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Air Conditioning
In Unit Laundry
Den
5
$1,000 - 1,800
99-105 South Main Street Memphis, TN
Studio - 2 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
Covered Parking
5
$823 - 1,370
70 S 4th St Memphis, TN
Studio - 2 BR | Available Now
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Dog Friendly
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Section 8
16
$1,525
70 South Fourth St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
13
3D Tour
$885 - 1,590
676 S Front St Memphis, TN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
20
$1,695
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
Surface Parking
Storage
6
$1,020 - 1,850
66 South Main Street Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
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Covered Parking
In Unit Laundry
Fitness Center
12
$1,375 - 1,450
9 East Carolina Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
5
$960 - 2,100
10 S Main St Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
In Unit Laundry
Fitness Center
6
3D Tour
$1,100 - 1,550
4 Riverview Drive W Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Short-term
21
3D Tour
$1,316 - 3,634
67 Madison Ave Memphis, TN
Studio - 3 BR | Available Now
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Dog Friendly
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Luxury
21
$3,226
703 Meditation Ln Memphis, TN
3 BR | Available Now
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House
Storage
22
$4,095
702 Meditation Ln Memphis, TN
4 BR | Available Now
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Dog Friendly
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House
$4,149
714 Meditation Ln Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
$3,780
718 Meditation Ln Memphis, TN
4 BR | Available Now
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House
13
$775 - 915
560 S. Jefferson Place Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
3
$900
560 S Jefferson Pl Memphis, TN
1 BR | Available Now
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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.