Neighborhood
Average Rent in Parkway Village
Parkway Village is a neighborhood in Memphis, TN. It ranks #22 out of 56 for places to rent. Parkway Village is in
the county of
Shelby County and no congressional districts. Dwellsy has rental data for Parkway Village includes the zip code of
38118, 56 neighborhoods and no rental communities with places to rent.The average rent over the last 3 months for places in Parkway Village is $1,150 which represents an increase of 2.36% over the same period.
Rental Price Comparison
The average rent for places in neighborhood Parkway Village currently stands at $1,150.
In comparison, places in the average city, specifically Memphis, is more expensive, with an average rent of $1,175. This represents a difference of +2% when compared to Parkway Village.
Meanwhile, in the average state of Tennessee, the average rent for the same type of housing is $1,554, showing a more expensive of +35% 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 +62% when compared to the rent in Parkway Village.
$1,150
Parkway Village
VS$1,175
+2%
Memphis, city
$1,554
+35%
TN, state
$1,859
+62%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
