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Houses for Rent in University Area, Memphis, TN
24 Rentals Available


Popular searches Average rent Renters guide Demographics

Average rent in University Area, Memphis, TN

$716/mo University Area, Memphis, TN average rental price, March 2023
Image Average Rent

The average monthly rent for an apartment in University Area, Memphis, TN is around $716.

University Area, Memphis, TN apartment rent ranges

University Area, Memphis, TN rent trends

Getting around in University Area, TN

39 /100
32 /100
Some Transit
55 /100
Walk Score®: 39, Transit Score®: 32, Bike Score®: 55

Frequently asked questions

What are the advantages of renting a house in University Area, Memphis, TN?

Renting a house in University Area, Memphis, TN comes with more space, both indoor and outdoor.

What are the downsides of renting a house apartment in University Area, Memphis, TN?

Houses for rent in University Area, Memphis, TN are usually located in non-central areas. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in University Area, Memphis, TN.

University Area, Memphis, TN demographics

In total, University Area, Memphis, TN has 6,866 residents, 3,555 women and 3,311 men, per U.S. Census recent estimates. Statistics show that the median age of University Area’s population is 36.6.

University Area, Memphis, TN households

  • 1,343 Family
    1,439 Non-family
  • 660 Children
    2,121 No Children
  • 2,781Total Number of Households
  • 2.34Average People Per Household
  • $33,941Median Household Income

There is a total of 2,781 households in University Area, Memphis, TN. Of these, 660 have children and 2,121 are without children. Per Census Bureau’s most current estimates, 1,343 family households and 1,439 non-family households live in this area. The size of a household in University Area is 2.34 people, on average. The median household annual income in University Area equals $33,941, and the monthly housing costs equal $855.

University Area, Memphis, TN education statistics

According to data from the U.S. Census Bureau, 6% of the population in University Area, Memphis, TN have no high school education, 43% went to high-school, and 22% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 14% hold a Bachelor Degree, and 10% hold a Graduate Degree.

Renting a house in University Area, Memphis, TN

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 University Area, 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 $910, while the average price of rental homes in University Area, Memphis, TN is $1,363.

Rental houses near good schools are in high demand

If you have school-aged children, you’ve probably eyed a few good schools in University Area, 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 University Area, Memphis, TN neighborhood, with asking rents ranging from $910 to $2,495 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.

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