MSA
Average Rent in Memphis, TN-MS-AR MSA
Memphis, TN-MS-AR MSA is a metropolitan area in United States. It ranks #410 out of 969 for places to rent. Memphis, TN-MS-AR MSA is in
the states of
Arkansas, Mississippi, Tennessee. Dwellsy has rental data for Memphis, TN-MS-AR MSA also includes 17 counties, 6 congressional districts, 64 zip codes, and 41 cities with places to rent.The average rent over the last 3 months for places in Memphis, TN-MS-AR MSA is $1,396 which represents an increase of 1.32% over the same period.
The most expensive zip code in Memphis, TN-MS-AR MSA to rent places is 38139 with an average rent of $3,179. The least expensive zip code in Memphis, TN-MS-AR MSA to rent places is 38620 with an average rent of $750.
The most expensive city in Memphis, TN-MS-AR MSA to rent places is Germantown, TN with an average rent of $2,598. The least expensive city in Memphis, TN-MS-AR MSA to rent places is Courtland, MS with an average rent of $750.
Rental Price Comparison
The average rent for places in msa Memphis, TN-MS-AR MSA currently stands at $1,396.
In comparison, places in the largest zip, specifically 38126, is less expensive, with an average rent of $1,149. This represents a difference of -18% when compared to Memphis, TN-MS-AR MSA.
Meanwhile, in the largest city of Memphis, the average rent for the same type of housing is $1,230, showing a less expensive of -12% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,892. This constitutes a more expensive by +36% when compared to the rent in Memphis, TN-MS-AR MSA.
$1,396
Memphis, TN-MS-AR MSA
VS$1,149
-18%
38126, zip
$1,230
-12%
Memphis, city
$1,892
+36%
USA, us
Average price for rental listings over the last 3 months. Last updated August 2 2026
Cities in Memphis, TN-MS-AR MSA
Top 10 by Average Rent for places
Germantown, TN$2,598
Stanton, TN$2,495
Atoka, TN$2,437
Lakeland, TN$2,337
Arlington, TN$2,233
Nesbit, MS$2,128
Oakland, TN$2,102
Hernando, MS$2,097
Olive Branch, MS$2,047
Bartlett, TN$2,004
Cheapest 10 by Average Rent for places
Coldwater, MS$1,200
Potts Camp, MS$1,200
Lamar, MS$1,199
West Memphis, AR$1,130
Robinsonville, MS$1,097
Tunica, MS$1,067
New Albany, MS$1,065
Marion, AR$902
Bolivar, TN$859
Courtland, MS$750
