Rent in Memphis, TN: Prices & Apartments for Rent
As of October 17, 2026, the median asking rent for a 1-bedroom in Memphis, TN is $850/month, based on 366 active listings on Redfin, Zillow and ApartmentHomeLiving. 2-bedroom: $965 (749 listings).
That is 15% below the Tennessee 1-bedroom median of about $1,000.
Updated · 4,616 listings. Prices are advertised asking rents; check availability on the original listing. How we calculate
Open the Memphis rental mapMedian rent in Memphis
From listings with a single price and a single bedroom count. Fewer than 20 such listings and we leave the figure out.
- Studio
- —
- 37 listings
- 1 bedroom
- $850
- 366 listings
- 2 bedrooms
- $965
- 749 listings
- 3+ bedrooms
- $1,396
- 1,798 listings
Rentals in Memphis
See all 4,616 on the map →
The Vue at Claudette
2718 Claudette Rd # 7, Memphis, TN 38118
$699 – $899 · 1–3 bd
1655 Madison Ave Unit 307
1655 Madison Ave Unit 307, Memphis, TN 38104
$965 · 2 bd · 650 sqft
1117 Goodman St
1117 Goodman St, Memphis, TN 38111
$1,200 · 3 bd · 1,100 sqft
3869 Winwood Dr
3869 Winwood Dr, Memphis, TN 38128
$1,345 · 3 bd · 1,160 sqft
4164 Arrowood Ave
4164 Arrowood Ave, Memphis, TN 38118
$1,495 · 3 bd · 1,064 sqft
3586 Allandale Ln
3586 Allandale Ln, Memphis, TN 38111
$1,650 · 3 bd · 1,329 sqft
825 S Graham St
825 S Graham St, Memphis, TN 38111
$2,100 · 4 bd · 1,600 sqft
Renting in Memphis: common questions
- What is the median rent for a 1-bedroom apartment in Memphis, TN?
- As of October 17, 2026, the median asking rent for a 1-bedroom in Memphis, TN is $850 per month, based on 366 listings with a single price. A 2-bedroom has a median of $965.
- How many rentals are available in Memphis, TN?
- 4,616 rentals are listed in Memphis, TN on Redfin, Zillow and ApartmentHomeLiving as of October 17, 2026, after removing listings that appear on more than one site.
- How are these rent prices calculated?
- We collect active listings from Redfin, Zillow and ApartmentHomeLiving, remove duplicates across sites, and take the median of asking rents for listings with one price and one bedroom count. If fewer than 20 listings qualify for a bedroom size, we leave that figure out. Read the full methodology
- How much income do I need to rent in Memphis, TN?
- Many landlords ask for gross income of at least 3 times the monthly rent. For a median 1-bedroom at $850/month, that is about $2,550 a month, or $30,600 a year.
Who’s leasing in Memphis
Companies with the most listings on Redfin, by the listing agent’s company email domain. Large brokerages appear alongside property managers.
| Company | Listings | Phone |
|---|---|---|
| Crestcorecrestcore.com | 35 | (901) 385-3119 |
| Renshawcompanyrenshawcompany.com | 22 | — |
| Robthompsonrobthompson.net | 11 | (901) 490-5673 |
| Myempire Realtymyempire-realty.com | 10 | (901) 828-6990 |
| Crye Leikecrye-leike.com | 8 | (901) 758-5678 |
| Keller Williamskw.com | 5 | (901) 649-5959 |
| Rentfromallstarrentfromallstar.com | 5 | (901) 497-4863 |
| Oksanapivenoksanapiven.com | 3 | (901) 848-4828 |
| Hobsonrealtorshobsonrealtors.com | 3 | (901) 351-2365 |
| Lecorealtylecorealty.com | 3 | (901) 272-9028 |
Rent in cities near Memphis
- Bartlett, TN111 · 11 mi
- West Memphis, AR65 · 11 mi
- Southaven, MS177 · 11 mi
- Horn Lake, MS102 · 12 mi
- Cordova, TN303 · 13 mi
- Millington, TN56 · 14 mi
- Olive Branch, MS144 · 16 mi
- Collierville, TN94 · 19 mi
- Arlington, TN72 · 20 mi
- Oakland, TN50 · 28 mi
- Brownsville, TN99 · 52 mi
- Oxford, MS1BR $1,400 · 480 · 59 mi
All cities in Tennessee · Cheapest places to rent in Tennessee · Embed this data