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Best Places to Rent

Memphis Metropolitan Area

Tennessee, Mississippi, Arkansas

Average Rent

$1,137

Rent Comparison

-25.7% Lower

than state average

Cost of Living

--

Population

1.34 Million

in 2022

The Memphis, TN-MS-AR metro area has a total population of 1,343,263. Use the map below to explore this metro’s top cities and compare key metrics to find the best place

Memphis

Average Rent

$1,066

Population

629,404

# of Rentals

2,121

HousesApartments

Cordova

Average Rent

$1,230

Population

78,781

# of Rentals

417

HousesApartments

Southaven

Average Rent

$1,367

Population

60,810

# of Rentals

53

HousesApartments

Bartlett

Average Rent

$1,602

Population

48,455

# of Rentals

45

HousesApartments

Collierville

Average Rent

$1,637

Population

46,214

# of Rentals

172

HousesApartments

Olive Branch

Average Rent

$1,356

Population

41,543

# of Rentals

8

HousesApartments

Germantown

Average Rent

$1,627

Population

36,913

# of Rentals

40

HousesApartments

Horn Lake

Average Rent

$1,152

Population

27,032

# of Rentals

17

HousesApartments

Arlington

Average Rent

$1,268

Population

13,744

# of Rentals

9

HousesApartments

Lakeland

Average Rent

$1,447

Population

13,404

# of Rentals

10

HousesApartments

Marion

Average Rent

$843

Population

12,078

# of Rentals

14

HousesApartments

Robinsonville

Average Rent

$871

Population

3,776

# of Rentals

17

HousesApartments

Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other Metros

ChattanoogaClarksvilleClevelandJacksonJohnson CityKingsportKnoxvilleMorristownNashville

This information is based on data collected by CoStar Group researchers.