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Best Places to Rent

Memphis Metropolitan Area

Tennessee, Mississippi, Arkansas

Average Rent

$1,257

Rent Comparison

-23.8% Lower

than state average

Cost of Living

--

Population

1.34 Million

The Memphis, TN-MS-AR metro area has a total population of 1,343,263. Use the map below to explore this metro’s top cities and compare key metrics to find the best place

Memphis

Average Rent

$1,227

Population

629,404

# of Rentals

2,220

Cordova

Average Rent

$1,324

Population

78,781

# of Rentals

382

Southaven

Average Rent

$1,436

Population

60,810

# of Rentals

64

Bartlett

Average Rent

$1,791

Population

48,455

# of Rentals

44

Collierville

Average Rent

$1,680

Population

46,214

# of Rentals

202

Olive Branch

Average Rent

$1,611

Population

41,543

# of Rentals

11

Germantown

Average Rent

$1,744

Population

36,913

# of Rentals

25

Horn Lake

Average Rent

$1,252

Population

27,032

# of Rentals

10

Arlington

Average Rent

$1,295

Population

13,744

# of Rentals

13

Lakeland

Average Rent

$2,296

Population

13,404

# of Rentals

14

Millington

Average Rent

$1,534

Population

9,657

# of Rentals

11

Robinsonville

Average Rent

$884

Population

3,776

# of Rentals

14

Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other Metros

This information is based on data collected by CoStar Group researchers.