Neighborhood
Average Rent in Central Business District
Central Business District is a neighborhood in Memphis, TN. It ranks #5 out of 56 for places to rent. Central Business District is in
the county of
Shelby County and no congressional districts. Dwellsy has rental data for Central Business District includes 4 zip codes, 56 neighborhoods and no rental communities with places to rent.The average rent over the last 3 months for places in Central Business District is $1,658 which represents an increase of 2.26% over the same period.
Rental Price Comparison
The average rent for places in neighborhood Central Business District currently stands at $1,658.
In comparison, places in the average city, specifically Memphis, is less expensive, with an average rent of $1,175. This represents a difference of -29% when compared to Central Business District.
Meanwhile, in the average state of Tennessee, the average rent for the same type of housing is $1,554, showing a less expensive of -6% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,859. This constitutes a more expensive by +12% when compared to the rent in Central Business District.
$1,658
Central Business District
VS$1,175
-29%
Memphis, city
$1,554
-6%
TN, state
$1,859
+12%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
