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Houses for Rent in Memphis, TN
195 Rentals Available

195-0-city

Popular searches Average rent Renters guide Demographics

Average rent in Memphis, TN

$1,056/mo Memphis, TN average rental price, July 2022
Image Average Rent

The average monthly rent of apartments in Memphis, TN is $1,056.

    Memphis, TN apartment rent ranges

    About 25% of apartment rents in Memphis, TN range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 12% of apartments. Around 43% of Memphis’s apartments are in the $701-$1,000 price range. 17% of apartments are priced between $501-$700.

    Memphis, TN rent trends

    Getting around in Memphis, TN

    54 /100
    Somewhat Walkable
    34 /100
    Some Transit
    43 /100
    Somewhat Bikeable
    Walk Score®: 54, Transit Score®: 34, Bike Score®: 43

    Memphis, TN demographics

    Memphis, TN has a population of 650,910 according to the most recent data from the U.S. Census Bureau. 343,014 of Memphis’s residents are women and 307,896 are men. The median age of those who live in Memphis, TN is 34.2.

    Memphis, TN households

    • 142,661 Family
      113,095 Non-family
    • 73,321 Children
      182,435 No Children
    • 255,756Total Number of Households
    • 2.49Average People Per Household
    • $41,864Median Household Income

    According to U.S. Census data, there are 255,756 households in Memphis, TN. 142,661 are family households and 113,095 are non-family households. There are 73,321 households with children in Memphis and 182,435 households without children. On average, about 2.49 people live in a household in Memphis, TN.

    Memphis, TN education statistics

    The level of education of the population of Memphis, TN is as follows: 4% have no high school education, 40% completed some high school, 26% partially completed college, 5% have an Associate Degree, 15% have a Bachelor Degree, and 9% have a Graduate Degree.

    Look for houses for rent near me

    Do you want a house with a backyard, a grill area, that offers you privacy and enough space for your family? RentCafe offers you the possibility to look for a house for rent near you, to find the one that best suits your family. Browsing through our listings, you can filter by size, price, pet policy, check out the location, to find the best house in your area. Whether you are looking to move to a particular neighborhood, or a specific ZIP code, may it be for its safety, beautiful buildings, or quiet atmosphere, you can find the rental house that your whole family will enjoy.

    Your next home is out there, whether you are looking for a house for rent near you or anywhere in the U.S. Easily browse houses for rent with availability updated daily, and let's find the one that is perfect for you!

    Renting a house in Memphis, TN

    Do you wish you could live the American Dream minus the roof repairs, fence painting and boiler repairs? You sure can. It’s called rental homes. You are working a steady 9-5, which is sometimes 9-7, so when you finally get home you don’t want to put in a couple of extra hours as an unpaid handyman. The American Dream is about the impeccable backyard lawn where the family dog runs around. It’s about 4th of July barbeques and summer nights spent on your back porch. Of course, the dream is different for everyone, so it all depends on you. And your budget. Regardless of your budget you will manage to find some interesting homes for rent that fit your style. If you are moving from an apartment and are on a tight budget, please keep on reading. The American Dream is not only for the rich and beautiful who can rent a 4 bedroom without blinking.

    The road from apartment to house is paved with…

    … extra expenses. At least everyone says so. If we compare the price of 3 bedroom apartments to single family homes for rent with the same bedroom count, the house will be more expensive. You are paying more to get a yard, more square footage, storage space and privacy. But if you are looking for cheap houses for rent, you should definitely consider duplexes too. They are slightly more affordable and they come in many forms and bedroom counts. You could rent a 1 bedroom duplex, albeit they are somewhat rarer than their 2 bedroom brothers, and it goes without say that the rent will be much lower than renting a single-family house. If you are taking the smart approach, moving to a house will not cost an arm and a leg. Of the 198 listings in Memphis, TN there are plenty of houses you can rent without breaking the bank. And besides, why would you pay extra to stay in a pricey neighborhood, when all you want at the end of a long day is to enjoy the tranquility of your backyard?

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!