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Apartments Near University of Memphis

631 - 638 of 638 Results
3
$1,250
4063 Cheryl - Available Now!
4063 Cheryl Dr Memphis, TN
3 BR | Ask for Availability
7.8 miles from center of campus
Contact
House
1
$1,525
Very Nice Newly Rehabbed 3 Br Home In Ridgeway Estates - Open To Section 8
3997 Almond Cv Memphis, TN
3 BR | Available Now
7.8 miles from center of campus
Contact
House
11
$1,000
Awesome Home In Whitehaven For Rent
1055 Marlin Rd Memphis, TN
3 BR | Ask for Availability
7.8 miles from center of campus
Contact
House
Air Conditioning
Storage
2
$1,695
4198 Oak Valley Dr
Memphis, TN
3 BR | Ask for Availability
7.9 miles from center of campus
Contact
House
12
$1,213 - 3,305
The Birches Apartment Homes
6939 Dusty Trail Ln Memphis, TN
1 - 3 BR | Nov. 28, 2024
7.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Pool
11
$3,900 - 4,700
Quail Ridge
2820 Kirby Whitten RD Bartlett, TN
Studio | Available Now
8.0 miles from center of campus
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Virtual Tour
Senior Community
15
$1,250
4203 Tunbridge
Memphis, TN
2 BR | Available Now
8.1 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
1
$1,225
Newly Renovated 2 Bedroom, 2 Bath Townhome In Southeast Memphis For Lease
4142 Meadow Chase Cv Memphis, TN
2 BR | Available Now
8.2 miles from center of campus
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House
Fireplace
631 - 638 of 638 Results
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Frequently Asked Questions

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

Rentable.co has over 19,524 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 $1,190 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 $1,020 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 $1,150 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 $1,150 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 $48,000 to live comfortably.

University of Memphis

Memphis is a great city to live in with lots of great apartments near University of Memphis to choose from. But when you're searching for a new rental it can difficult to sift through all of the listings on the web or walk the streets to find places in the area that you're looking for.

That's exactly why Rentable exists. We gather listings from all over the web and we add new properties every day. And we do all this just so we can make sure that you've got the freshest list of University of Memphis apartments to choose from!

Memphis:
November Rent Report

Welcome to the November 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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

$1,200
$900
$600
$300
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Memphis Rent Prices Increase From October to November

Memphis rent prices increased over the last month. From October to November, the city experienced a 1.91% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $1,015.0.

When we take a look at the two-bedroom comparison from October to November, Memphis experienced a 1.7% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,137.0.

November Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Olive Branch, MS
Memphis, TN
Marion, AR
$1,571
$1,408
$1,377
$1,347
$1,287
$1,250
$996
$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, 5 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, Olive Branch, MS.

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

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

November 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
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$996
$0
$1,400
$2,800
$4,200
$5,600
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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Memphis, TN $996.0 1.94% $1,118.0 2.85%
Cordova, TN $1,408.0 -0.85% $1,590.0 -0.75%
Southaven, MS $1,287.0 1.50% $1,409.0 0.43%
Horn Lake, MS $1,347.0 -2.81% $1,454.0 -3.65%
Collierville, TN $1,377.0 -0.36% $1,634.0 -0.24%
Marion, AR $825.0 0.00% $1,059.0 -0.28%
Olive Branch, MS $1,250.0 0.00% $1,360.0 0.59%
Germantown, TN $1,571.0 0.77% $1,864.0 -1.06%

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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