Average Rent in Memphis, TN
This report covers average rent prices for apartments and single-family homes in Memphis, TN. Data is broken down by bedroom count and neighborhood. All estimates are powered by RentEstimate, the source for hyperlocal rental data and comps. View all city reports or get rent estimates by ZIP code.
Last updated: March 2026
Memphis, TN Rent by Property Type & Bedroom Count
| Property Type | Bedrooms | Average Rent | Properties |
|---|---|---|---|
| Apartment/Condo | 1 Bedroom | $1,382 | 257 |
| Apartment/Condo | 2 Bedrooms | $1,816 | 210 |
| House | 2 Bedrooms | $1,214 | 70 |
| House | 3 Bedrooms | $1,472 | 2465 |
| House | 4 Bedrooms | $1,807 | 636 |
Average Rent in 38103 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| Apartment/Condo | 1 Bedroom | $1,452 | 152 | View 1-Bedroom Apartment Rent Estimates in 38103 |
| Apartment/Condo | 2 Bedrooms | $2,169 | 94 | View 2-Bedroom Apartment Rent Estimates in 38103 |
Average Rent in 38109 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,196 | 143 | View 3-Bedroom House Rent Estimates in 38109 |
| House | 4 Bedrooms | $1,281 | 55 | View 4-Bedroom House Rent Estimates in 38109 |
Average Rent in 38111 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 2 Bedrooms | $1,214 | 70 | View 2-Bedroom House Rent Estimates in 38111 |
| House | 3 Bedrooms | $1,387 | 161 | View 3-Bedroom House Rent Estimates in 38111 |
Average Rent in 38114 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,300 | 56 | View 3-Bedroom House Rent Estimates in 38114 |
Average Rent in 38115 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,449 | 122 | View 3-Bedroom House Rent Estimates in 38115 |
Average Rent in 38116 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,328 | 87 | View 3-Bedroom House Rent Estimates in 38116 |
Average Rent in 38117 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,622 | 111 | View 3-Bedroom House Rent Estimates in 38117 |
Average Rent in 38118 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,235 | 181 | View 3-Bedroom House Rent Estimates in 38118 |
| House | 4 Bedrooms | $1,446 | 53 | View 4-Bedroom House Rent Estimates in 38118 |
Average Rent in 38122 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,389 | 72 | View 3-Bedroom House Rent Estimates in 38122 |
Average Rent in 38125 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| Apartment/Condo | 1 Bedroom | $1,282 | 105 | View 1-Bedroom Apartment Rent Estimates in 38125 |
| Apartment/Condo | 2 Bedrooms | $1,529 | 116 | View 2-Bedroom Apartment Rent Estimates in 38125 |
| House | 3 Bedrooms | $1,844 | 300 | View 3-Bedroom House Rent Estimates in 38125 |
| House | 4 Bedrooms | $2,142 | 152 | View 4-Bedroom House Rent Estimates in 38125 |
Average Rent in 38127 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,108 | 205 | View 3-Bedroom House Rent Estimates in 38127 |
| House | 4 Bedrooms | $1,353 | 58 | View 4-Bedroom House Rent Estimates in 38127 |
Average Rent in 38128 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,292 | 246 | View 3-Bedroom House Rent Estimates in 38128 |
| House | 4 Bedrooms | $1,583 | 58 | View 4-Bedroom House Rent Estimates in 38128 |
Average Rent in 38133 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,697 | 132 | View 3-Bedroom House Rent Estimates in 38133 |
Average Rent in 38134 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,523 | 172 | View 3-Bedroom House Rent Estimates in 38134 |
| House | 4 Bedrooms | $1,807 | 55 | View 4-Bedroom House Rent Estimates in 38134 |
Average Rent in 38135 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,760 | 196 | View 3-Bedroom House Rent Estimates in 38135 |
| House | 4 Bedrooms | $2,105 | 144 | View 4-Bedroom House Rent Estimates in 38135 |
Average Rent in 38141 (Memphis, TN)
| Property Type | Bedrooms | Average Rent | Properties | View Rent Estimates |
|---|---|---|---|---|
| House | 3 Bedrooms | $1,553 | 281 | View 3-Bedroom House Rent Estimates in 38141 |
| House | 4 Bedrooms | $1,699 | 61 | View 4-Bedroom House Rent Estimates in 38141 |
Get a Rent Estimate
Looking for a rent estimate tailored to a specific property? RentEstimate provides fast, reliable rental data for every property type across Memphis neighborhoods and ZIP codes.
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Frequently Asked Questions
What is the average rent for a 1-bedroom apartment in Memphis, TN?
The average rent for a 1-bedroom apartment in Memphis, TN is $1,382 per month.
What is the average rent for a 2-bedroom apartment in Memphis, TN?
The average rent for a 2-bedroom apartment in Memphis, TN is $1,816 per month.
What is the average rent for a 2-bedroom single-family home in Memphis, TN?
The average rent for a 2-bedroom single-family home in Memphis, TN is $1,214 per month.
What is the average rent for a 3-bedroom single-family home in Memphis, TN?
The average rent for a 3-bedroom single-family home in Memphis, TN is $1,472 per month.
What is the average rent for a 4-bedroom single-family home in Memphis, TN?
The average rent for a 4-bedroom single-family home in Memphis, TN is $1,807 per month.
How often is this rent data updated?
Rent reports are updated monthly to provide the latest average rental prices by property type and neighborhood. Our data is powered by RentEstimate, ensuring you get current, reliable rental market information.
What ZIP codes are covered in the Memphis, TN rent report?
This report covers 16 ZIP codes in Memphis, TN, including: 38103, 38109, 38111, 38114, 38115, 38116, 38117, 38118, 38122, 38125, and more. See the detailed breakdown by ZIP code in the tables above.