Memphis Homes for Rent

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Memphis

I always used MyNewPlace to find apartments. Now that we have a few more members in our family, I used your search to find an even better rental. - Memphis,TN

Popular Rental Properties in Memphis, Tennessee

Beautiful 2 bed 1.5 bath apartments in Midtown!

Beautiful 2 bed 1.5 bath apartments in Midtown!

Memphis, Tennessee, 38104

2 Bedrooms

Beautiful home on a quiet street

Beautiful home on a quiet street

Memphis, Tennessee, 38133

3 Bedrooms

OPEN and ROOMY NEAR SHELBY FARMS

OPEN and ROOMY NEAR SHELBY FARMS

Cordova, Tennessee, 38018

3 Bedrooms

QUIET COVE - GREAT BACK YARD

QUIET COVE - GREAT BACK YARD

Memphis, Tennessee, 38133

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 Aug Jul Jun 3 Month % change
1 Bed N/A N/A N/A 0%
2 Bed $662 $622 $673 -1.6%
3 Bed $804 $802 $809 -0.6%
4 Bed $1,061 $1,190 $983 7.9%

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.