Rent Trends for Apartments in Memphis

June 2026

Bedroom count	Memphis	vs Last Month
Studio	$1,209	up 2.37%
1 Bedroom	$900	up 0.56%
2 Bedroom	$992	up 0.71%
3 Bedroom	$1,373	up 0.59%
4 Bedroom	$1,625	down 1.22%

Median rent as of June 14, 2026

This June, we've analyzed our 2,667 listings in Memphis to determine the rent trend. We're updating our tables in real time to give you the most up to date Memphis median apartment rent prices by bedroom count.

The median rent for a studio apartment increased by 0.75% to $1,209, while the median rent for a 1 bedroom apartment increased by 0.56% to $900.

Cities Near Memphis

Bartlett Apartments Millington Apartments West Memphis Apartments Southaven Apartments Lakeland Apartments Germantown Apartments Horn Lake Apartments Cordova Apartments Walls Apartments Drummonds Apartments

Top Neighborhoods in Memphis

Binghampton-Lester Apartments New Pathways Apartments Southeast Memphis Apartments Central Gardens Apartments Alliance of Cordova Neighborhoods Apartments Countrywood Apartments Gray's Creek Apartments Springhill Community Civic Club Apartments

Apartment Types in Memphis

Cheap Apartments in Memphis Luxury Apartments in Memphis Move In Special Apartments in Memphis Utilities Included Apartments in Memphis No Security Deposit Apartments in Memphis

Find Your Dream Apartment for Rent in Memphis

PadMapper has 2,667 condos, houses, and apartments for rent in Memphis. Specifically, 41 studio apartments, 281 one-bedroom apartments, 429 two-bedroom apartments, 610 three-bedroom apartments are currently available for rent.

We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.

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