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Apartments in High Point Terrace Memphis

91 - 101 of 101 Results
18
$1,350
Available Now! Move In Special $500 Off First Months Rent!
2676 Central Ter Memphis, TN
2 BR | Ask for Availability
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House
Dishwasher
Pool
1
$725
Come See This 2 Bedroom Newly Renovated Apartment - Move In Ready
1446 Wells Station RD Memphis, TN
2 BR | Available Now
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1
$725
Come See This Move In Ready 2 Bedroom Apartment
1446 Wells Station RD 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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House
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1
$1,295
Newly Renovated Home Near University Of Memphis!!
2910 Southern Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
Dishwasher
1
$995
528 Lundee St
Memphis, TN
2 BR | Jan. 4, 2025
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10
$1,095
Cute Bungalow!
478 Marianna St Memphis, TN
3 BR | Available Now
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Air Conditioning
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Disability Access
20
$1,295
543 Lundee Pl
Memphis, TN
2 BR | Available Now
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House
Air Conditioning
1
$700
2507 Staten
Memphis, TN
2 BR | Available Now
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1
$995
550 Marianna St
Memphis, TN
2 BR | Jan. 20, 2025
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9
$1,100 - 3,300
The Embassy Apartments
505 South Perkins Road Memphis, TN
2 - 3 BR | Available Now
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91 - 101 of 101 Results
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  2. Memphis
  3. High Point Terrace
Frequently Asked Questions

How many apartments are available in High Point Terrace on Rentable.co?

Rentable.co has over 101 apartments available near High Point Terrace.

What is the average rent for a studio apartment in High Point Terrace?

The average rent for a studio apartment near High Point Terrace is around $1,193 per month.

What is the average rent for a one-bedroom apartment in High Point Terrace?

The average rent for a one-bedroom apartment near High Point Terrace is around $1,243 per month.

What is the average rent for a two-bedroom apartment in High Point Terrace?

The average rent for a two-bedroom apartment near High Point Terrace is around $1,295 per month.

How many apartments are available in Memphis, TN on Rentable.co?

Rentable.co has over 19,820 apartments available in Memphis.

What is the average rent for a studio apartment in Memphis, TN?

The average rent for a studio apartment in Memphis is around $1,130 per month.

What is the average rent for a one-bedroom apartment in Memphis, TN?

The average rent for a one-bedroom apartment in Memphis is around $1,000 per month.

What is the average rent for a two-bedroom apartment in Memphis, TN?

The average rent for a two-bedroom apartment in Memphis is around $1,200 per month.

How expensive is it to rent an apartment in Memphis, TN?

For a two-bedroom apartment in Memphis, the average rent price is $1,200 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Memphis, TN?

Based on average rent prices in Memphis, to afford a studio apartment you would need an annual household income of $45,000 to live comfortably.

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.

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