Hickory Hill, Memphis, TN Rental Market Trends
What is the average rent in Hickory Hill?
The average rent for an apartment in Hickory Hill is $1,019. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Hickory Hill, Memphis, TN
Last updated February 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,019 | 931 sq. ft. |
What is the average apartment size in Hickory Hill, Memphis, TN?
The average size for a Hickory Hill, Memphis, TN apartment is 931 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Hickory Hill, Memphis, TN apartment rent ranges
Hickory Hill, Memphis, TN Occupied Housing Units
10,797 or 62% of the households in Hickory Hill, Memphis, TN are renter-occupied while 6,485 or 38% are owner-occupied.
Hickory Hill, Memphis, TN rent trends
Average Rent in Memphis, TN By Neighborhood
| City | Average Rent |
|---|---|
| Mud Island | $1,548 |
| Central Gardens | $1,489 |
| Windyke - Southwind | $1,462 |
| Chickasaw Gardens | $1,454 |
| South Riverdale | $1,447 |
| Brennan | $1,423 |
| Med District | $1,419 |
| Binghampton | $1,401 |
| Downtown Memphis | $1,396 |
| River Oaks | $1,388 |
| Cordova | $1,337 |
| Normal Station | $1,242 |
| Colonial | $1,235 |
| New Chicago | $1,188 |
| Bal - Moral | $1,176 |
| Midtown Memphis | $1,166 |
| Shelby Farms Park | $1,087 |
| Riverside | $1,083 |
| Hickory Hill | $1,019 |
| Oakville | $1,009 |
| Southside Memphis | $957 |
| Lenox | $956 |
| Meadow Brook | $955 |
| Sherwood Forest | $928 |
| Galloway | $903 |
| Raleigh | $901 |
| Parkway Village | $894 |
| Berclair | $891 |
| O'brien | $891 |
| Fox Meadows | $883 |
| Bethel Grove | $861 |
| Chickasaw Oaks | $850 |
| Whitehaven | $827 |
| Alcy - Dunn | $800 |
| Oakhaven | $795 |
| Frayser | $790 |
| University Area | $746 |
| Orange Mound | $719 |
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What are the most affordable neighborhoods in Memphis?
The most affordable neighborhoods in Memphis are Orange Mound, where the average rent goes for $719/month, University Area, where renters pay $746/mo on average, and Frayser, where the average rent goes for $790/mo. If you’re looking for other great deals, check out the listings from Oakhaven ($795), Alcy - Dunn ($800), and Whitehaven ($827), where the asking prices are below the average Memphis rent of $1,124/mo.
What are the most expensive neighborhoods in Memphis?
The most expensive neighborhoods in Memphis are Windyke - Southwind ($1,462), Central Gardens ($1,489) and Mud Island ($1,548).
What are the most popular neighborhoods in Memphis?
The most popular neighborhood in Memphis is Cordova, where there are 48 listings with an average rent of $1,337. Next up is Hickory Hill, where apartments go for $1,019/month, followed by Downtown Memphis with $1,396 If you’re looking to rent in Memphis’s most popular neighborhoods, make sure to also check out Raleigh, where renters pay $901 on average, and Whitehaven, where the average monthly rent is $827.
Memphis | Rent Comparison by Neighborhood
Rent in Hickory Hill is 27% higher than in Alcy - Dunn
$1,019
Hickory Hill rent is the same as Memphis average
Average Rent
$1,019
$800
Alcy - Dunn rent is 22% lower than Memphis average
Average Rent
$800
How Memphis Compares to Other Cities
| State | Average Rent |
|---|---|
| Memphis | $1,124 |
| Nashville | $1,800 |
| Knoxville | $1,721 |
| Chattanooga | $1,453 |
| Clarksville | $1,269 |
| Murfreesboro | $1,573 |
| Antioch | $1,486 |
| Madison | $1,401 |
| Franklin | $1,992 |
| Hendersonville | $1,537 |
| Lebanon | $1,503 |
| Bartlett | $1,490 |
| Southaven | $1,365 |
| Olive Branch | $1,559 |
| Germantown | $1,845 |
| Horn Lake | $1,391 |
| Lakeland | $1,392 |
| Marion | $1,008 |
Most Popular Apartments in Memphis
Parcels At Concourse
1350 Concourse Avenue, Suite 750, Memphis, TN 38104| STUDIO | $1,668+ |
| 1 BED | $1,910+ |
| 2+ BEDS | $2,182+ |
Arbors Harbor Town
671 Harbor Edge Drive, Memphis, TN 38103| 1 BED | $1,201+ |
| 2 BEDS | $1,546+ |
| 3 BEDS | $2,244+ |
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The Summit Apartments
4981 Hidden Lake Drive, Memphis, TN 38128| 1 BED | $923+ |
| 2 BEDS | $1,001+ |
| 3 BEDS | $1,140+ |
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Grand Island Apartments
300 Grand Island Dr, Memphis, TN 38103| 1 BED | $1,676+ |
| 2 BEDS | $1,946+ |
| 3 BEDS | $2,541+ |
Harbor Island Apartments
444 Island Drive, Memphis, TN 38103| 1 BED | $1,466+ |
| 2 BEDS | $1,941+ |
| 3+ BEDS | $3,891+ |
Madison Shelby Farms
330 N. Humphreys Blvd, Memphis, TN 38120| 1 BED | $1,072+ |
| 2 BEDS | $1,581+ |
| 3 BEDS | $1,862+ |
City Place At Germantown Apartments
8993 Crestwyn Hills Drive, Memphis, TN 38125| 1 BED | $1,411+ |
| 2 BEDS | $1,568+ |
| 3 BEDS | $2,416+ |
Link Apartments® Broad Ave
2540 Broad Ave, Memphis, TN 38112| STUDIO | $1,053+ |
| 1 BED | $1,260+ |
| 2 BEDS | $1,900+ |
The Birches Apartment Homes
6939 Dusty Trail Ln, Memphis, TN 38133| 1 BED | $1,082+ |
| 2 BEDS | $1,285+ |
| 3 BEDS | $1,700+ |
The Stella Apartments
2165 E. River Trace Dr., Memphis, TN 38134| 1 BED | $870+ |
| 2 BEDS | $1,145+ |
| 3 BEDS | $1,486+ |
Bristol On Union Apartment Homes
205 Pasadena Place, Memphis, TN 38104| 1 BED | $1,363+ |
| 2 BEDS | $1,676+ |
| 3 BEDS | $2,390+ |