BEST PLACES TO RENT
Memphis Metropolitan Area
Tennessee, Mississippi, Arkansas
Average Rent
$1,295
Rent Comparison
-21.6% Lower
than the state average
Rentals Available
2,858
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
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 $1,295/month which is 18% below the national average. 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.