| 3 BEDS | $1,535 |
Rental prices in Raleigh, Memphis, TN have increased by 0.58% over the past year. The average rent moved from $888 to $893.
Check out the average rent in Memphis.
The national average price of rental apartments is $1,750, while the average monthly rent in Raleigh, Memphis, TN is $893.
The average monthly rent for an apartment in Raleigh, Memphis, TN is around $893.
A share of 87% of apartments in Raleigh, Memphis, TN have the cheapest rents between ≤ $1000. Around 13% of Raleigh's apartments have monthly rents between $1,001-$1,500.
The largest share of rentals in Raleigh, Memphis, TN (87%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
The price range of a house for rent is between $1,425 and $1,845.
There are 5 house rentals available on RentCafe. Prices and availability in Raleigh, Memphis, TN were last updated on 18 Nov 2025.
The average Raleigh, Memphis, TN rental house size is 1,989 sq. ft.
Renting a house in Raleigh, Memphis, TN comes with more space, both indoor and outdoor.
Houses for rent in Raleigh, Memphis, TN are usually located in non-central areas.
In total, Raleigh, Memphis, TN has 35,507 residents, 18,711 women and 16,796 men, per U.S. Census recent estimates. Statistics show that the median age of Raleigh’s population is 31.
There is a total of 12,856 households in Raleigh, Memphis, TN. Of these, 4,662 have children and 8,194 are without children. Per Census Bureau’s most current estimates, 8,017 family households and 4,839 non-family households live in this area. The size of a household in Raleigh is 1.93 people, on average. The median household annual income in Raleigh equals $45,456, and the monthly housing costs equal $1,106.
According to data from the U.S. Census Bureau, 5% of the population in Raleigh, Memphis, TN have no high school education, 48% went to high-school, and 24% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 10% hold a Bachelor Degree, and 5% hold a Graduate Degree.
You know it’s time for a change, and snatching your dream house might be the perfect way to start. If you’re not sure where to look, we’ll give you a tip. About 25 rental homes are located in Raleigh, Memphis, TN, ranging in price from $700 to $3,500. Whether you’re looking for duplexes, townhouses or single family homes for rent, you’re sure to find what you need. The average rent for a Raleigh, Memphis, TN property is about $1,574, but if you’re looking for cheap houses for rent, take a look at 1 bedroom and 2 bedroom properties, which are likely to be more affordable.
Single family homes have long been an attractive option for family oriented people. If you have a big family, 3 bedroom and 4 bedroom properties might be the right fit for you. To find the home of your dreams, don’t forget to use the filters on RentCafe, so you can be sure that you’re not wasting any time looking at properties that don’t interest you. Soon enough you will be enjoying the privacy and comfort of your new home, without any noises coming from the upstairs neighbors. Don’t forget about the added benefit of having a backyard, a safe place for your children and family pet, where you can also try your hand at gardening and, why not, grow your own organic vegetables. Don’t forget to ask your landlord for permission in writing before you make any changes to the landscape. If one of the 25 Raleigh, Memphis, TN homes for rent is the right one for you, you can apply for a lease online right here on RentCafe.
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