Last Updated on September 6, 2022

Median rent for apartments in Memphis, TN – $1,330/mo

Median rent for studio apartments in Memphis – $950

Median rent for 1-bedroom apartments in Memphis – $1,105

Median rent for 2-bedroom apartments in Memphis – $1,375

Median rent for 2-bedroom apartments in Memphis – $1,668

Median rent for single-family homes in Memphis – $2,050/mo

Median rent for 1-bedroom houses in Memphis – $805

Median rent for 2-bedroom houses in Memphis – $1,960

Median rent for 3-bedroom houses in Memphis – $1,920

Median rent for 4-bedroom houses in Memphis – $2,420

The median rent in Memphis, TN has gone up $630 since August of last year. This is one of the largest rent increases we’ve seen in the past year. The median rent for single-family rentals in Memphis increased by 29% since last year, whereas the median rent for apartments only increased by 25%.

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