What is the average apartment size in Mud Island, Memphis, TN?

The average size for a Mud Island, Memphis, TN apartment is 969 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.

What is the average rent in Mud Island?

As of Mar / 2026, the average rent in Mud Island is $1,537 per month, a 1% decrease from last years average of $1,552.

What is the average apartment size in Mud Island?

The typical apartment in Mud Island offers about 969 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Mud Island, Memphis, TN Rental Market Trends

Q: What's the typical rent budget in Mud Island?

The typical rent budget in Mud Island ranges from $1,001 to $1,500 per month, with 57% of rentals in this range.

Q: Do most people rent or own in Mud Island?

In Mud Island, 69% of households rent while 31% own their homes, based on the latest U.S. Census data.

Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Mud Island is $1,537, a 1% decrease compared to the previous year, when the average rent was $1,552.

One-bedroom apartments provide 794 square feet for $1,368, balancing privacy and affordability.

Two-beedroom units at $1,641 offer 1,126 square feet, perfect for roommates or small families.

Average rent in Mud Island, Memphis, TN

Last updated: April 23, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,537	969 sq. ft.
Studio	n/a	n/a
1 Bed	$1,368	794 sq. ft.
2 Beds	$1,641	1,126 sq. ft.
3 Beds	n/a	n/a

Mud Island, Memphis, TN rent trends

Rental prices in Mud Island, Memphis, TN have decreased by 1% over the past year. The average rent moved from $1,552 to $1,537.

What's the typical rent budget in Mud Island, Memphis, TN?

The largest share of rentals in Mud Island, Memphis, TN (57%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Mud Island, Memphis, TN?

1,208 or 69% of the households in Mud Island, Memphis, TN are renter-occupied while 539 or 31% are owner-occupied.

Most affordable neighborhoods in Mud Island?

University Area $716/month

Orange Mound $757/month

Chickasaw Oaks $760/month

All of these neighborhoods fall below the city wide average of $1,137/month.

Most expensive neighborhoods in Mud Island?

Binghampton $1,530/month

Mud Island $1,537/month

Normal Station $1,659/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Memphis, TN By Neighborhood

Neighborhood	Average Rent
Normal Station	$1,659
Mud Island	$1,537
Binghampton	$1,530
South Riverdale	$1,494
Chickasaw Gardens	$1,471
Central Gardens	$1,460
Med District	$1,440
Windyke - Southwind	$1,435
Downtown Memphis	$1,415
River Oaks	$1,399
Brennan	$1,396
Uptown Memphis	$1,377
Cordova	$1,320
Bal - Moral	$1,149
Midtown Memphis	$1,147
New Chicago	$1,111
Shelby Farms Park	$1,077
Galloway	$1,054
Hickory Hill	$1,018
Colonial	$1,004
Meadow Brook	$942
Fox Meadows	$937
O'brien	$934
Southside Memphis	$926
Parkway Village	$896
Raleigh	$890
Berclair	$880
Bethel Grove	$842
Whitehaven	$824
Oakhaven	$799
Frayser	$761
Chickasaw Oaks	$760
Orange Mound	$757
University Area	$716

Memphis | Rent Comparison by Neighborhood

Rent in Mud Island is 34% higher than in Bal - Moral

$1,537

Mud Island rent is the same as Memphis average

Average Rent $1,537

$1,149

Bal - Moral rent is 25% lower than Memphis average

Average Rent $1,149

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Mud Island apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.