To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for High Point Terrace by bedroom type below.
2 Bedroom
Suggested income:
$53,300
per year
Rent report
High Point Terrace Rent vs. Memphis Average
High Point Terrace
Memphis Average
2BR
$1,480
$1,239
$0
$500
$1,000
$1,500
$2,000
High Point Terrace is asking 19%
more than the average 2 bedroom apartment in
Memphis.
If you upsized to an average priced Memphis 3 bedroom apartment, you would pay
10% more per month.
If you downsized to an average priced Memphis 1 bedroom apartment,
you would pay 18% less per month.
High Point Terrace provides 11%
more square footage than the average
Memphis 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
High Point Terrace
2BR
$1,480
$1.30
$4,440
Memphis Average
Studio
$1,073
$2.40
$3,219
1BR
$1,046
$1.50
$3,137
2BR
$1,239
$1.20
$3,716
3BR
$1,383
$1.00
$4,149
4BR
$1,753
$1.00
$5,260
Availability in Memphis
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 1,069 2BR
units on the market in Memphis. If you're looking to negotiate, this may be your best option.