Best Places to Rent

Memphis Metropolitan Area

Tennessee, Mississippi, Arkansas

Average Rent

$1,115

Rent Comparison

26.4% Lower

than state average

Cost of Living

—

Population

1.34 Million

in 2022

The Memphis metro area has a total population of 1,339,025. Use the map below to explore this metro’s top cities and compare key metrics to find the best place

Memphis

Average Rent $1,059

Population 629,404

# of Rentals 2,060

Houses Apartments

Cordova

Average Rent $1,235

Population 78,781

# of Rentals 293

Houses Apartments

Southaven

Average Rent $1,353

Population 60,810

# of Rentals 28

Houses Apartments

Bartlett

Average Rent $1,578

Population 48,455

# of Rentals 30

Houses Apartments

Collierville

Average Rent $1,626

Population 46,214

# of Rentals 86

Houses Apartments

Olive Branch

Average Rent $1,366

Population 41,543

# of Rentals 16

Houses Apartments

Germantown

Average Rent $1,621

Population 36,913

# of Rentals 41

Houses Apartments

Lakeland

Average Rent $1,576

Population 13,404

# of Rentals 15

Houses Apartments

Marion

Average Rent $857

Population 12,078

# of Rentals 11

Houses Apartments

Millington

Average Rent $1,442

Population 9,657

# of Rentals 11

Houses Apartments

Robinsonville

Average Rent $1,001

Population 3,776

# of Rentals 12

Houses Apartments

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

Other Metros

Chattanooga Clarksville Cleveland Jackson Johnson City Kingsport Knoxville Morristown Nashville

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

Memphis Metropolitan Area

Cities

Other Metros