Rent Trends for Apartments in Memphis

February 2026

Bedroom count	Memphis	vs Last Month
Studio	$1,195	up 46.99%
1 Bedroom	$950	down 1.04%
2 Bedroom	$1,025	up 1.49%
3 Bedroom	$1,295	No change
4 Bedroom	$1,620	down 1.82%

Median rent as of February 8, 2026

This February, we've analyzed our 2,950 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 0.08% to $1,195, while the median rent for a 1 bedroom apartment decreased by 2.06% to $950.

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 Springhill Community Civic Club Apartments Alliance of Cordova Neighborhoods Apartments Orange Mound Civic Orgganization Apartments Gray's Creek Apartments

Apartment Types in Memphis

Pet Friendly Apartments 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 Short Term Rentals in Memphis

Find Your Dream Apartment for Rent in Memphis

PadMapper has 2,950 condos, houses, and apartments for rent in Memphis. Specifically, 45 studio apartments, 291 one-bedroom apartments, 459 two-bedroom apartments, 695 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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