Apartments in Central Gardens Memphis

151 - 170 of 170 Results

1

$995 - 1,250

Jefferson Place Apartment Homes Is The Best Of Both Worlds Waiting For You.

560 S Jefferson Pl Memphis, TN

1 - 2 BR | Available Now

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17

$1,900

1976 Snowden Ave Unit 1

Memphis, TN

2 BR | Available Now

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Cat Friendly

Air Conditioning

Storage

Dishwasher

1

$850

Parkway Place Apartments

2342 Parkway Pl Memphis, TN

Studio | Available Now

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Air Conditioning

Surface Parking

Storage

1

$350

660 Jennette

Memphis, TN

2 BR | Available Now

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1

$995

December Move-in Special! 1/2 Off First Month's Rent!

393 Buntyn St Memphis, TN

2 BR | Available Now

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9

$1,195

2380 Forrest Ave

Memphis, TN

3 BR | Available Now

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8

$895

2601 E Hale Ave

Memphis, TN

1 BR | Available Now

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1

$750

888 Kerr Ave

Memphis, TN

2 BR | Available Now

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1

$400

1493 Gaither St

Memphis, TN

1 BR | Ask for Availability

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0

$695

607 Mclemore Ave

Memphis, TN

2 BR | Available Now

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1

$695

605 E Mclemore Ave

Memphis, TN

2 BR | Available Now

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13

$775 - 915

Jefferson Place Apartments

3.8

560 S. Jefferson Place Memphis, TN

1 - 2 BR | Available Now

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Section 8

Air Conditioning

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$1,295

Beautiful Home For Rent In East Memphis-colonial-yorkshire School District!

2634 Harvard Ave Memphis, TN

2 BR | Available Now

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33

$1,163 - 2,753

Link Apartments® Broad Ave

Deal

2540 Broad Ave Memphis, TN

Studio - 2 BR | Available Now

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Luxury

Air Conditioning

Fitness Center

1

$550

Ess Lamar Cove

1490 Lamar Cv Memphis, TN

2 BR | Available Now

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629 E. Trigg

629 E Trigg Ave Memphis, TN

4 BR | Ask for Availability

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1

$1,650

Newly Renovated 3 Bedroom, 2 Bath Home Near Rhodes

726 N Trezevant St Memphis, TN

3 BR | Available Now

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Disability Access

Dishwasher

1

$650

Come See This 1 Bedroom Single Family Home For Rent - Move In Ready S. Parkway Area

1672 Clancy St Memphis, TN

1 BR | Available Now

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22

$780

733 Spring

Memphis, TN

1 BR | Available Now

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0

$1,400

Fully Remodeled Home Available For Rent!

1630 S Orleans St Memphis, TN

3 BR | Available Now

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151 - 170 of 170 Results

Home
Memphis
Central Gardens

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.