Mud Island, Memphis, TN Rental Market Trends
What is the average rent in Mud Island?
The average rent for an apartment in Mud Island is $1,560. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Mud Island, Memphis, TN
Average Rent | Average Apartment Size |
---|---|
$1,560 | 969 sq. ft. |
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.
Mud Island, Memphis, TN apartment rent ranges
Mud Island, Memphis, TN Occupied Housing Units
5,547 or 69% of the households in Mud Island, Memphis, TN are renter-occupied while 2,473 or 31% are owner-occupied.
Mud Island, Memphis, TN rent trends

Average Rent in Memphis, TN By Neighborhood
City | Average Rent |
---|---|
Mud Island | $1,560 |
Central Gardens | $1,506 |
Chickasaw Gardens | $1,468 |
Windyke - Southwind | $1,465 |
Brennan | $1,448 |
South Riverdale | $1,424 |
Downtown Memphis | $1,422 |
Med District | $1,421 |
Binghampton | $1,412 |
River Oaks | $1,373 |
Cordova | $1,354 |
Normal Station | $1,308 |
Bal - Moral | $1,212 |
New Chicago | $1,204 |
Midtown Memphis | $1,181 |
Colonial | $1,150 |
Shelby Farms Park | $1,139 |
Riverside | $1,103 |
Hickory Hill | $1,028 |
Oakville | $1,027 |
Meadow Brook | $976 |
Lenox | $974 |
Southside Memphis | $970 |
Galloway | $948 |
Sherwood Forest | $945 |
Raleigh | $925 |
O'brien | $907 |
Berclair | $901 |
Parkway Village | $895 |
Fox Meadows | $894 |
Bethel Grove | $867 |
Chickasaw Oaks | $864 |
Whitehaven | $834 |
Alcy - Dunn | $814 |
Frayser | $801 |
Oakhaven | $784 |
University Area | $760 |
Orange Mound | $728 |
What are the most affordable neighborhoods in Memphis?
The most affordable neighborhoods in Memphis are Orange Mound, where the average rent goes for $728/month, University Area, where renters pay $760/mo on average, and Oakhaven, where the average rent goes for $784/mo. If you’re looking for other great deals, check out the listings from Frayser ($801), Alcy - Dunn ($814), and Whitehaven ($834), where the asking prices are below the average Memphis rent of $1,138/mo.
What are the most expensive neighborhoods in Memphis?
The most expensive neighborhoods in Memphis are Chickasaw Gardens ($1,468), Central Gardens ($1,506) and Mud Island ($1,560).
What are the most popular neighborhoods in Memphis?
The most popular neighborhood in Memphis is Cordova, where there are 70 listings with an average rent of $1,354. Next up is Hickory Hill, where apartments go for $1,028/month, followed by Raleigh with $925 If you’re looking to rent in Memphis’s most popular neighborhoods, make sure to also check out Downtown Memphis, where renters pay $1,422 on average, and Whitehaven, where the average monthly rent is $834.
Memphis | Rent Comparison by Neighborhood
Rent in Mud Island is 92% higher than in Alcy - Dunn
Mud Island rent is the same as Memphis average
Alcy - Dunn rent is 48% lower than Memphis average
How Memphis Compares to Other Cities
State | Average Rent |
---|---|
Memphis | $1,138 |
Nashville | $1,818 |
Knoxville | $1,727 |
Clarksville | $1,264 |
Chattanooga | $1,456 |
Murfreesboro | $1,578 |
Antioch | $1,494 |
Bartlett | $1,495 |
Johnson City | $1,388 |
Franklin | $2,054 |
Hendersonville | $1,594 |
Southaven, MS | $1,418 |
Olive Branch, MS | $1,576 |
Germantown, TN | $1,881 |
Horn Lake, MS | $1,396 |
Lakeland, TN | $1,397 |
Marion, AR | $1,046 |
Millington, TN | $1,078 |