2br 1.5 bath Townhome, Hardwood floors through out. All bedrooms and full bath upstairs. 1/2 bath downstairs Includes water & sewer...Lease ASAP and W/D included.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Townhome by bedroom type below.
2 Bedroom
Suggested income:
$32,400
per year
Rent report
Townhome Rent vs. Memphis Average
Townhome
Memphis Average
2BR
$900
$1,185
$0
$400
$800
$1,200
$1,600
Townhome is asking 24%
less than the average 2 bedroom apartment in
Memphis.
If you upsized to an average priced Memphis 3 bedroom apartment, you would pay
15% more per month.
If you downsized to an average priced Memphis 1 bedroom apartment,
you would pay 9% less per month.
Townhome provides 23%
more square footage than the average
Memphis 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Townhome
2BR
$900
$0.70
$2,700
Memphis Average
Studio
$1,110
$2.70
$3,329
1BR
$1,091
$1.50
$3,272
2BR
$1,185
$1.20
$3,556
3BR
$1,392
$1.10
$4,177
4BR
$1,591
$1.00
$4,772
Availability in Memphis
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 1,378 2BR
units on the market in Memphis. If you're looking to negotiate, this may be your best option.