Apartments in Central Gardens Memphis

1 - 30 of 171 Results
21
$2,200
1442 Vance St Memphis, TN
3 BR | Jan. 2, 2025
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5
$1,350
Memphis, TN
1 BR | Available Now
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1
$1,350
Memphis, TN
1 BR | Available Now
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1
$2,495
1607 Vance Ave Memphis, TN
4 BR | Available Now
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Central Gardens
11
$685 - 1,005
1437 Central Avenue Memphis, TN
Studio - 2 BR | Available Now
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Section 8
13
$1,399 - 1,799
775 Melrose St Memphis, TN
1 - 2 BR | Available Now
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Balcony/Deck/Patio
1
$1,390
207 S Barksdale St Memphis, TN
2 BR | Available Now
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1
$775
Memphis, TN
1 BR | Dec. 30, 2024
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19
$895
1616 Monroe Ave Memphis, TN
1 BR | Ask for Availability
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Dishwasher
2
$1,095 - 1,495
1655 Madison Ave Memphis, TN
2 BR | Available Now
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1
$1,750
1722 Euclid Ave Memphis, TN
3 BR | Available Now
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0
$1,595
1727 Euclid Ave Memphis, TN
3 BR | Available Now
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1
$1,145
306 S Cleveland St Memphis, TN
2 BR | Jan. 17, 2025
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7
$1,150
Memphis, TN
1 BR | Available Now
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1
$825
1307 Vinton Ave Memphis, TN
2 BR | Available Now
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$595 - 650
1301 Goodbar Ave Memphis, TN
2 BR | Available Now
5
$830
1772-1776 Madison Memphis, TN
1 BR | Available Now
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0
$595
Memphis, TN
Studio | Available Now
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0
$830
1508 Madison Ave Memphis, TN
1 BR | Available Now
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7
$1,495
1288 Vinton St Memphis, TN
3 BR | Available Now
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1
$2,000
927 Seattle St Memphis, TN
5 BR | Available Now
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House
15
$525 - 1,200
6 South Mclean Blvd Memphis, TN
Studio - 2 BR | Ask for Availability
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Balcony/Deck/Patio
1
$925 - 999
1812-1820 Madison Ave Memphis, TN
Studio - 1 BR | Available Now
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4
$850
Memphis, TN
2 BR | Available Now
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11
$1,195
Memphis, TN
3 BR | Available Now
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9
$675
Memphis, TN
Studio | Available Now
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4
$1,095 - 1,990
2017 Peabody Ave Memphis, TN
1 - 2 BR | Available Now
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8
$995
2008 Courtland St Memphis, TN
1 BR | Available Now
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1
$900
1261 Peabody Ave Memphis, TN
2 BR | Available Now
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10
$950
1512 Court Ave Memphis, TN
1 BR | Available Now
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1 - 30 of 171 Results
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Memphis:
December Rent Report

Welcome to the December 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Memphis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Memphis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Memphis average rent prices in the chart below.

Monthly Rent Report

$1,250
$940
$630
$310
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Memphis Rent Prices Increase From November to December

Memphis rent prices increased over the last month. From November to December, the city experienced a 2.36% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $1,039.0.

When we take a look at the two-bedroom comparison from November to December, Memphis experienced a 1.93% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,159.0.

December Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Southaven, MS
Collierville, TN
Horn Lake, MS
Memphis, TN
Marion, AR
$1,579
$1,402
$1,368
$1,368
$1,340
$1,015
$825
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have increased in Memphis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Memphis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Southaven, MS, Germantown, TN .

  • Rent decreased in Cordova, TN, Horn Lake, MS, Collierville, TN, Marion, AR.

  • 5 suburbs are currently priced higher than the city of Memphis.

  • 1 suburb is currently priced lower than the city of Memphis.

December 2024 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Memphis, TN
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$1,015
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Memphis Rent Prices More Affordable Than Major Cities

Rent growth in Memphis over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Memphis average rent prices appear to be relatively affordable for local residents.

The price for a Memphis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Memphis and surrounding area rent prices, take a look at the complete data set below.

Data set for Memphis and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Memphis, TN $1,015.0 1.91% $1,137.0 1.70%
Cordova, TN $1,402.0 -0.43% $1,580.0 -0.63%
Southaven, MS $1,368.0 6.29% $1,463.0 3.83%
Horn Lake, MS $1,340.0 -0.52% $1,450.0 -0.27%
Collierville, TN $1,368.0 -0.65% $1,627.0 -0.43%
Marion, AR $825.0 0.00% $1,046.0 -1.23%
Germantown, TN $1,579.0 0.51% $1,778.0 -4.61%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.