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 May / 2026, the average rent in Mud Island is $1,593 per month, a 1.79% decrease from last years average of $1,622.

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 $1,501 to $2,000 per month, with 53% of rentals in this range.

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

In Mud Island, 68% of households rent while 32% own their homes, based on the latest U.S. Census data.

Last updated: July 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Mud Island is $1,593, a 1.79% decrease compared to the previous year, when the average rent was $1,622.

One-bedroom apartments provide 794 square feet for $1,430, balancing privacy and affordability.

Two-beedroom units at $1,701 offer 1,126 square feet, perfect for roommates or small families.

Average rent in Mud Island, Memphis, TN

Last updated: July 02, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,593	969 sq. ft.
Studio	n/a	n/a
1 Bed	$1,430	794 sq. ft.
2 Beds	$1,701	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 1.79% over the past year. The average rent moved from $1,622 to $1,593.

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

The largest share of rentals in Mud Island, Memphis, TN (53%) fall between $1,501-$2,000 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?

1,246 or 68% of the households in Mud Island, Memphis, TN are renter-occupied while 578 or 32% are owner-occupied.

Most affordable neighborhoods in Mud Island?

University Area $719/month

Orange Mound $754/month

Chickasaw Oaks $763/month

All of these neighborhoods fall below the city wide average of $1,145/month.

Most expensive neighborhoods in Mud Island?

Binghampton $1,518/month

Normal Station $1,525/month

Mud Island $1,593/month

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

Average Rent in Memphis, TN By Neighborhood

Neighborhood	Average Rent
Mud Island	$1,593
Normal Station	$1,525
Binghampton	$1,518
South Riverdale	$1,513
Chickasaw Gardens	$1,479
Central Gardens	$1,463
Windyke - Southwind	$1,457
Med District	$1,445
River Oaks	$1,407
Brennan	$1,401
Downtown Memphis	$1,401
Uptown Memphis	$1,393
Cordova	$1,328
Bal - Moral	$1,168
Midtown Memphis	$1,152
New Chicago	$1,127
Shelby Farms Park	$1,110
Galloway	$1,057
Hickory Hill	$1,028
Colonial	$1,006
Fox Meadows	$948
Meadow Brook	$948
O'brien	$938
Southside Memphis	$930
Sherwood Forest	$920
Parkway Village	$909
Raleigh	$882
Berclair	$865
Bethel Grove	$842
Whitehaven	$823
Oakhaven	$799
Frayser	$768
Chickasaw Oaks	$763
Orange Mound	$754
University Area	$719

Memphis | Rent Comparison by Neighborhood

Rent in Mud Island is 36% higher than in Bal - Moral

$1,593

Mud Island rent is the same as Memphis average

Average Rent $1,593

$1,168

Bal - Moral rent is 27% lower than Memphis average

Average Rent $1,168

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.