MSA
Average Rent in Memphis, TN-MS-AR MSA
Memphis, TN-MS-AR MSA is a metropolitan area in United States. It ranks #397 out of 964 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 39 cities with places to rent.The average rent over the last 3 months for places in Memphis, TN-MS-AR MSA is $1,398 which represents an increase of 1.51% 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 $4,210. The least expensive zip code in Memphis, TN-MS-AR MSA to rent places is 38620 with an average rent of $808.
The most expensive city in Memphis, TN-MS-AR MSA to rent places is Germantown, TN with an average rent of $2,687. The least expensive city in Memphis, TN-MS-AR MSA to rent places is Courtland, MS with an average rent of $808.
Rental Price Comparison
The average rent for places in msa Memphis, TN-MS-AR MSA currently stands at $1,398.
In comparison, places in the largest zip, specifically 38127, is less expensive, with an average rent of $1,093. This represents a difference of -22% 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 $1,225, 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 $1,886. This constitutes a more expensive by +35% when compared to the rent in Memphis, TN-MS-AR MSA.
$1,398
Memphis, TN-MS-AR MSA
VS$1,093
-22%
38127, zip
$1,225
-12%
Memphis, city
$1,886
+35%
USA, us
Average price for rental listings over the last 3 months. Last updated July 12 2026
Cities in Memphis, TN-MS-AR MSA
Top 10 by Average Rent for places
Germantown, TN$2,687
Stanton, TN$2,458
Lakeland, TN$2,339
Atoka, TN$2,302
Arlington, TN$2,274
Nesbit, MS$2,129
Oakland, TN$2,125
Hernando, MS$2,059
Olive Branch, MS$2,039
Cordova, TN$2,024
Cheapest 10 by Average Rent for places
West Memphis, AR$1,215
Potts Camp, MS$1,200
Holly Springs, MS$1,199
Coldwater, MS$1,150
Robinsonville, MS$1,100
Tunica, MS$1,086
New Albany, MS$1,025
Marion, AR$916
Bolivar, TN$871
Courtland, MS$808
