Popular Zip Codes
Memphis, TN Demographics
- Total Population654,723
Female 311,133Male 343,590
- Median Age33.7
Average Rent in Memphis, TN
- Memphis, TN Average Rental Price, December 2019 $818 /mo
Memphis, TN Apartment Rent Ranges
- < $5006%
- > $2,0001%
Memphis, TN Rent Trends
|Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Dec / 2019|
Average rent is projected to grow by 3% in 2019 compared to 2018.
Please note that projected rent growth is calculated at city level.
Memphis, TN Households
- Total Number of Households250,259
Family 144,263Non-family 105,996
Children 75,502No Children 174,757
- Average People Per Household2.55
- Median Household Income$38,230
- Median Housing Costs Per Month$881
Memphis, TN Education Statistics
- No High School5%
- Some High School41%
- Some College25%
- Associate Degree5%
- Bachelor Degree15%
- Graduate Degree9%
Renting a house in Memphis, TN
Those looking for a cozy home with lots of living and storage space and a backyard, and also like the freedom of renting, rental homes can offer the best of both worlds. This segment of the rental market has become very popular and the selection is better than ever. In Memphis, TN there are 64 homes for rent including duplexes, townhomes and single family homes for rent. To find the right house that fits your criteria, filter by price, number of bedrooms, number of bathrooms or amenities. It may also be useful to know that the average cost to rent a single family home in Memphis, TN is .
When you rent a house you can have as little or as much space as you wish
While apartments can be more limiting space wise, when you rent a house, you have a little more wiggle room (pun intended). Smaller 1 bedroom homes are perfect for a couple, 2 bedroom homes for those who need an extra bedroom for guests or for a baby, 3 bedroom and 4 bedroom homes that are just right for families with children. Larger rental homes are also great for sharing with roommates, whether you’re looking for something close to work, close to your college campus, or just close to shopping and entertainment.