Rental prices in Colonial, Memphis, TN have decreased by 15.2% over the past year. The average rent moved from $1,235 to $1,047.
Check out the average rent in Memphis.
The national average price of rental apartments is $1,743, while the average monthly rent in Colonial, Memphis, TN is $1,047.
The average monthly rent for an apartment in Colonial, Memphis, TN is around $1,047.
A share of 37% of apartments in Colonial, Memphis, TN have the cheapest rents between ≤ $1000. Around 63% of Colonial's apartments have monthly rents between $1,001-$1,500.
The largest share of rentals in Colonial, Memphis, TN (63%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Renting a house in Colonial, Memphis, TN comes with more space, both indoor and outdoor.
Houses for rent in Colonial, Memphis, TN are usually located in non-central areas.
In total, Colonial, Memphis, TN has 7,221 residents, 3,832 women and 3,389 men, per U.S. Census recent estimates. Statistics show that the median age of Colonial’s population is 34.
There is a total of 3,129 households in Colonial, Memphis, TN. Of these, 857 have children and 2,272 are without children. Per Census Bureau’s most current estimates, 1,809 family households and 1,319 non-family households live in this area. The size of a household in Colonial is 1.9 people, on average. The median household annual income in Colonial equals $68,310, and the monthly housing costs equal $1,268.
According to data from the U.S. Census Bureau, 2% of the population in Colonial, Memphis, TN have no high school education, 25% went to high-school, and 18% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 29% hold a Bachelor Degree, and 21% hold a Graduate Degree.
If you love backyard BBQ’s, want a pool table in the basement, and a garage to park your car, then you’re probably looking at homes for rent right now. About are 25 rental homes are located in Colonial, Memphis, TN, some on quiet tree-lined side streets, away from the hustle and bustle, some close to busy lively main roads, close to public transportation, dining and entertainment. Wherever you see yourself living, browse our listings of single family homes for rent and you’re sure to spot a few you will like. Renters on a strict budget on the lookout for cheap houses for rent can find listings of duplexes, townhomes, 1 bedroom and 2 bedroom homes for rent, which tend to be more affordable. Some rents go as low as $749, while the average price of rental homes in Colonial, Memphis, TN is $1,512.
If you have school-aged children, you’ve probably eyed a few good schools in Colonial, Memphis, TN. All you have to do now is find a 3 bedroom or 4 bedroom house to rent near one of them. If you are in this situation, you’re in luck. There are 25 total listings of single family homes for rent in the Colonial, Memphis, TN neighborhood, with asking rents ranging from $749 to $3,800 per month. Draw a radius or a polygon on the map around the address of the school you’re interested in and see all rental listings are in that area. Once you find a house you like, don’t let it slip away. You can apply for a lease online right away or contact the property manager right here on Rent Café.
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