Rental prices in Med District, Memphis, TN have increased by 1.71% over the past year. The average rent moved from $1,387 to $1,411.
Check out the average rent in Memphis.
The national average price of rental apartments is $1,743, while the average monthly rent in Med District, Memphis, TN is $1,411.
The average monthly rent for an apartment in Med District, Memphis, TN is around $1,411.
A share of 25% of apartments in Med District, Memphis, TN have the cheapest rents between ≤ $1000. Around 12% of rentals are $2,001-$2,500. Around 44% of Med District's apartments have monthly rents between $1,001-$1,500. There are 18% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Med District, Memphis, TN (44%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Renting a house in Med District, Memphis, TN comes with more space, both indoor and outdoor.
Houses for rent in Med District, Memphis, TN are usually located in non-central areas.
In total, Med District, Memphis, TN has 6,207 residents, 3,123 women and 3,084 men, per U.S. Census recent estimates. Statistics show that the median age of Med District’s population is 42.
There is a total of 3,383 households in Med District, Memphis, TN. Of these, 520 have children and 2,863 are without children. Per Census Bureau’s most current estimates, 1,153 family households and 2,230 non-family households live in this area. The size of a household in Med District is 1.22 people, on average. The median household annual income in Med District equals $32,080, and the monthly housing costs equal $808.
According to data from the U.S. Census Bureau, 3% of the population in Med District, Memphis, TN have no high school education, 26% went to high-school, and 23% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 25% hold a Bachelor Degree, and 19% hold a Graduate Degree.
Regardless of the type of house you are going to rent, location is important. We have 25 properties listed in Med District, Memphis, TN to choose from, with prices ranging from $749 to $3,500. That can be quite a lot to choose from. If you’re on a tight budget and are looking for cheap houses for rent, make your life easier and set up a maximum price filter in the top menu. You may be renting on a budget and 1 bedroom duplexes will do just fine or you may be able to spend a bit more and are looking at 4 bedroom single family homes for rent. Either way, choose wisely. Don’t fall for the impeccable lawn or a pool. Although these things are nice to have they aren’t worth a penny if you’re not able to enjoy them because of loud neighbors or a lack of time. Speaking of lack of time…
There are 23 properties in Med District, Memphis, TN listed for rent right now with prices ranging from $749 to $3,500. But if you have children there’s so much more to consider. A resource we all seem to lack: time. Avoiding a nightmare commute may be more important than deciding between a 2 bedroom or a 3 bedroom house. Although you could spend several hours in the car with your children and count it as family time, it’d be much nicer to spend this time around the dinner table. When you’re browsing through our rental homes, keep in mind the dreaded morning kindergarten-school-office Bermuda Triangle that is swallowing precious time out of your life. Draw a radius or a polygon around the school or the kindergarten you’ve chosen in Med District, Memphis, TN and explore all the homes for rent located close by. Finding a house close to your kids’ school will drastically cut down your commute time. It will also help you see other things in your life more clearly, generally speaking. After all, choosing from 23 houses can be complicated and you’ve managed just fine.
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