Apartments in High Point Terrace Memphis

31 - 60 of 82 Results
3
Call for Pricing
203 Red Oak Dr Memphis, TN
1 - 4 BR | Ask for Availability
Contact
Air Conditioning
Fitness Center
4
$1,175
Memphis, TN
4 BR | Available Now
Contact
House
5
$675
Memphis, TN
2 BR | Ask for Availability
Contact
Air Conditioning
$795
3369 Hardin Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
15
$825
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
$1,199
1010 Wingfield Rd Memphis, TN
3 BR | Available Now
Contact
House
Balcony/Deck/Patio
Dishwasher
7
$1,200
71 W Lafayette St Memphis, TN
2 BR | Jun. 10, 2024
Contact
House
Storage
Dishwasher
7
$1,750
Memphis, TN
2 BR | Available Now
Contact
Dishwasher
20
$2,150
Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
0
$900
Memphis, TN
2 BR | Ask for Availability
Contact
Den
11
$575
Memphis, TN
2 BR | Available Now
Contact
House
$825
Memphis, TN
2 BR | Ask for Availability
Contact
$825
Memphis, TN
2 BR | Ask for Availability
Contact
19
$975
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
29
$5,000
Memphis, TN
5 BR | Available Now
Contact
Dog Friendly
House
1
$500
Memphis, TN
2 BR | Available Now
Contact
In Unit Laundry
3
$699
461 S Highland St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Storage
$1,250
Memphis, TN
3 BR | Available Now
Contact
House
15
$895 - 900
461 S Highland St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
5
$725
Memphis, TN
1 BR | Available Now
Contact
Disability Access
13
$559 - 1,139
PER ROOM
& UNIT
510 S Highland St Memphis, TN
Studio - 4 BR | Available Now
Contact
Heat Included
Furnished
Student
Covered Parking
In Unit Laundry
18
$1,350
4335 Macon Rd Memphis, TN
4 BR | Ask for Availability
Contact
House
Air Conditioning
6
$800
Memphis, TN
2 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
House
8
$895
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
$750
1176 Weiner Rd Memphis, TN
2 BR | Available Now
Contact
House
2
$800 - 975
592-600 Patterson St Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
12
$1,100
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
Dishwasher
4
$795
Memphis, TN
2 BR | Ask for Availability
Contact
Section 8
8
$650
Memphis, TN
1 BR | Available Now
Contact
Dishwasher
12
$995
611 Patterson Memphis, TN
2 BR | Aug. 12, 2024
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Surface Parking
31 - 60 of 82 Results
  1. Home
  2. Memphis
  3. High Point Terrace

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.