BEST PLACES TO RENT

Memphis Metropolitan Area

Tennessee, Mississippi, Arkansas

Average Rent

$1,300

Rent Comparison

-20.9% Lower

than the state average

Rentals Available

3,052

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

$1,228

# RENTALS

2,144

AVG RENT

$1,435

# RENTALS

400

AVG RENT

$1,727

# RENTALS

230

AVG RENT

$1,566

# RENTALS

65

AVG RENT

$1,916

# RENTALS

36

AVG RENT

$1,942

# RENTALS

31

AVG RENT

$821

# RENTALS

16

AVG RENT

$1,534

# RENTALS

14

AVG RENT

$1,312

# RENTALS

13

AVG RENT

$1,632

# RENTALS

11

AVG RENT

$1,205

# 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 $1,300/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.