Memphis Homes for Rent

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Memphis

Our new rental is so nice. The neighbors are friendly, the neighborhood is great for the kids and we have our own pool! - Memphis,TN

Popular Rental Properties in Memphis, Tennessee

3697 ROYAL WOOD DRIVE, MEMPHIS

3697 ROYAL WOOD DRIVE, MEMPHIS

Memphis, Tennessee, 38128

3 Bedrooms

6967 Parkbrook Ln, Cordova

6967 Parkbrook Ln, Cordova

Cordova, Tennessee, 38018

3 Bedrooms

1425 Carol, Memphis

1425 Carol, Memphis

Memphis, Tennessee, 38116

3 Bedrooms

4952 E Copper Valley Dr, Memphis

4952 E Copper Valley Dr, Memphis

Memphis, Tennessee, 38141

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!

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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 Mar Feb Jan 3 Month % change
1 Bed N/A N/A N/A 0%
2 Bed $684 $673 $639 7%
3 Bed $825 $838 $834 -1.1%
4 Bed $1,036 $1,080 $881 17.6%

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.