Best Places to Rent

Memphis Metropolitan Area

Tennessee, Mississippi, Arkansas

Average Rent

$1,121

Rent Comparison

25.7% Lower

than state average

Cost of Living

—

Population

1.34 Million

in 2022

The Memphis metro area has a total population of 1,339,025. Use the map below to explore this metro’s top cities and compare key metrics to find the best place

Memphis

Average Rent $1,073

Population 629,404

# of Rentals 2,024

Houses Apartments

Cordova

Average Rent $1,227

Population 78,781

# of Rentals 307

Houses Apartments

Southaven

Average Rent $1,387

Population 60,810

# of Rentals 30

Houses Apartments

Bartlett

Average Rent $1,520

Population 48,455

# of Rentals 26

Houses Apartments

Collierville

Average Rent $1,589

Population 46,214

# of Rentals 82

Houses Apartments

Olive Branch

Average Rent $1,375

Population 41,543

# of Rentals 11

Houses Apartments

Germantown

Average Rent $1,626

Population 36,913

# of Rentals 44

Houses Apartments

Lakeland

Average Rent $1,526

Population 13,404

# of Rentals 13

Houses Apartments

Millington

Average Rent $1,454

Population 9,657

# of Rentals 10

Houses Apartments

Robinsonville

Average Rent $989

Population 3,776

# of Rentals 12

Houses Apartments

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

Other Metros

Chattanooga Clarksville Cleveland Jackson Johnson City Kingsport Knoxville Morristown Nashville

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

Memphis Metropolitan Area

Cities

Other Metros