BEST PLACES TO RENT

Memphis Metropolitan Area

Tennessee, Mississippi, Arkansas

Average Rent

$1,292

Rent Comparison

-20.7% Lower

than the state average

Rentals Available

3,162

Population

1.34 Million

Memphis, TN-MS-AR Metro Cities

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

AVG RENT

$1,226

# RENTALS

2,287

AVG RENT

$1,416

# RENTALS

384

AVG RENT

$1,745

# RENTALS

229

AVG RENT

$1,526

# RENTALS

75

AVG RENT

$2,038

# RENTALS

31

AVG RENT

$1,814

# RENTALS

27

AVG RENT

$812

# RENTALS

20

AVG RENT

$798

# RENTALS

18

AVG RENT

$1,178

# RENTALS

15

AVG RENT

$1,290

# RENTALS

13

AVG RENT

$1,602

# RENTALS

13

AVG RENT

$1,922

# RENTALS

7

Memphis, TN-MS-AR Rent Ranges

On average, rent in Memphis Metro Area falls anywhere from < $700/mo on the low end to > $2,000/mo at the max. Most rental prices fall within the $1,001 - $1,500/mo range.

Memphis, TN-MS-AR Average Rent

The average rent in Memphis Metro Area is around $1,292/month. Use the chart below to compare Memphis Metro Area average rent prices over time.

Other Metros

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