The average size for a Memphis, TN apartment is 910 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. The average rent for an apartment in Memphis is $825, a 5% increase compared to the previous year. Overall, 45 % of residents are renters, and 28% have a Bachelor's degree. EspañolCosto de Vida en Memphis, Copyright © 2009-2020 Numbeo. The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Memphis Tennessee was 8.80% according to Census ACS data. ... 3680 Douglass Ave, Memphis, TN 38111. Zillow has 1,917 single family rental listings in Tennessee. The rental vacancy rate in Memphis peaked in 2008 at 15.01%. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 237 results. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. > A 2-bed duplex rent price declined by 19.8%, it now goes for $860. Since then it has fallen by 6.21% to 8.80%. Over the Aug 2020, the average rent for a duplex/triplex in/near Memphis, TN decreased by 4% to $911. Average Rent in Memphis, TN Last updated on August 8, 2020 Over the past month, the average rent for a studio apartment in Memphis increased by 7% to $980. Check Availability. Private Pool. The average Fair Market Rent for a two-bedroom home in … House for rent. 5475 Poplar Ave - Sea Isle Park. 1 Average gross rent in Memphis was $890 in 2017. NO PHOTO If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. At $890, nominal average gross rent in Memphis was at its highest level in 2017 since the series began in 2005. is a city in Tennessee and consists of 163 neighborhoods.. (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). We currently have . At $887, nominal median gross rent in Memphis was at its highest level in 2017 since the series began in 2005. Get all the insight you need to make your rental decision by reading candid reviews at ApartmentRatings.com. The average price for a 1-bed duplex went down by 4.9%, so the price tag starts at $642. Search 287 Single Family Homes For Rent in Memphis, Tennessee. $1,499. The origin year for the series is 2005. You can calculate the renter fraction in Memphis in at least two ways: by housing units or by population. Use our detailed filters to find the perfect place, then get in touch with the landlord. Since then it has fallen by 1.40% to 20.88%. At $887, real median gross rent in Memphis was at its highest level in 2017 since the series began in 2005. 95% drive their car to work, 3% take public transportation, and 1% walk. Over the Aug 2020, the average rent for a room in/near Memphis, TN decreased by 6.9% to $479. Apartments for rent in Memphis, TN with reviews and ratings. For Memphis, median monthly gross rent as a fraction of median household income was 20.88% in 2017 according to the ACS. Find Memphis apartments, condos, townhomes, single family homes, and much more on Trulia. MASTER BEDROOM in Beautiful Home. Median rent for residential rooms in as of Aug, 2020. The average rent for an apartment in Memphis is $825, a 5% increase compared to the previous year. Memphis TN Houses For Rent. Search 287 Single Family Homes For Rent in Memphis, Tennessee. As of September 2020, the average apartment rent in Memphis, TN is $616 for a studio, $706 for one bedroom, $691 for two bedrooms, and $792 for three bedrooms. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. Your use of this service is subject to our. Contact ben@deptofnumbers.com (or @deptofnumbers on Twitter) if you have any questions, comments or suggestions. A single person monthly costs: 815.98$ without rent. In 2017 39.71% of households were renters according to Census ACS data. The most expensive Memphis neighborhoods to rent apartments in are River Oaks-Kirby-Balmoral, East Memphis-Colonial-Yorkshire, and Downtown. The perfect 4 bed apartment is easy to find with Apartment Guide.