Memphis Homes for Rent

BusinessWeek "Best of the Web" Winner 3 Years Running

Memphis

Our new rental has all these great amenities that we've never had before. I would never have thought that we could afford such luxury! - Memphis,TN

Popular Rental Properties in Memphis, Tennessee

2569 Kate Bond Rd, Memphis

2569 Kate Bond Rd, Memphis

Memphis, Tennessee, 38133

3 Bedrooms

4931 Gadwall Dr W, Memphis

4931 Gadwall Dr W, Memphis

Memphis, Tennessee, 38141

3 Bedrooms

3967 Point Church Rd, Memphis

3967 Point Church Rd, Memphis

Memphis, Tennessee, 38127

3 Bedrooms

5545 Apple Blossom Dr, Memphis

5545 Apple Blossom Dr, Memphis

Memphis, Tennessee, 38115

3 Bedrooms

More Memphis Houses for Rent > >
    

Memphis Homes for Rent

Need to rent a house? Memphis has a good variety of remarkable possible options and the most suitable one is waiting for you - just start searching on MyNewPlace. Have more questions about renting? Check out our Blog for all the answers!

Want the inside scoop on Memphis? Check out our Memphis Local Talk for local tips and information about Memphis. You can also get answers to your Memphis questions from our local experts by using the "Ask a Question" feature.

Search Apartments for Rent in Memphis

Memphis Market Trends

  • Household Income
    Household IncomeCityStateCity Compared to State
    Less than $10,00014.8%12.0% +2.8%
    $10,000 to $14,9997.9%7.2% +0.7%
    $15,000 to $19,9997.7%7.2% +0.5%
    $20,000 to $24,9997.9%7.4% +0.5%
    $25,000 to $29,9997.6%7.3% +0.3%
    $30,000 to $34,9997.3%7.0% +0.3%
    $35,000 to $39,9996.2%6.3% -0.1%
    $40,000 to $44,9995.7%6.0% -0.3%
    $45,000 to $49,9994.7%5.1% -0.4%
    $50,000 to $59,9997.9%8.8% -0.9%
    $60,000 to $74,9998.3%9.3% -1.0%
    $75,000 to $99,9996.7%8.0% -1.3%
    $100,000 to $124,9993.1%3.6% -0.5%
    $125,000 to $149,9991.2%1.6% -0.4%
    $150,000 to $199,9991.3%1.4% -0.1%
    $200,000 or more1.8%1.7% +0.1%
  • Cost of Living
    Share of Household Income Spent on RentCityStateCity Compared to State
    Less than 10.0%6.4%6.9% -0.5%
    10.0% to 14.9%11.2%12.0% -0.8%
    15.0% to 19.9%13.6%14.2% -0.6%
    20.0% to 24.9%12.6%12.4% +0.2%
    25.0% to 29.9%10.4%10.4% +0.0%
    30.0% to 34.9%7.3%6.9% +0.4%
    35.0% to 39.9%5.2%4.9% +0.3%
    40.0% to 49.9%6.8%6.3% +0.5%
    50.0% or more19.8%16.0% +3.8%
    Not computed6.6%10.0% -3.4%
  • Age Demographic of Renters
    Age Demographic of RentersCityStateCity Compared to State
    15 to 24 years14.5%14.9% -0.4%
    25 to 34 years30.9%28.5% +2.4%
    35 to 44 years21.9%21.7% +0.2%
    45 to 54 years14.7%14.4% +0.3%
    55 to 64 years7.2%8.1% -0.9%
    65 to 74 years5.1%5.8% -0.7%
    75 to 84 years4.0%4.6% -0.6%
    85 years and over1.8%1.9% -0.1%
  • Travel Time to Work
    Travel Time to WorkCityStateCity Compared to State
    Less than 30 minutes47.5%38.9% +8.6%
    30 to 44 minutes27.2%25.9% +1.3%
    45 to 59 minutes7.8%12.9% -5.1%
    60 or more minutes17.5%22.2% -4.7%

Source: 2000 Census

Average Price to Lease a Home Property in Memphis, Tennessee

# Bedrooms Nov Oct Sep 3 Month % change
1 Bed N/A $963 N/A 0%
2 Bed $655 $688 $675 -3%
3 Bed $864 $841 $909 -5%
4 Bed $987 $1,160 $1,019 -3.1%

See how Apartment Rentals compare in Memphis

Houses for Rent in Cities Near Memphis, TN

MyNewPlace can help you find the Memphis, TN home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Memphis, TN.