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Best Places to Rent

Memphis Metropolitan Area

Tennessee, Mississippi, Arkansas

Average Rent

$1,126

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

$1,094

Population

629,404

# of Rentals

2,323

HousesApartments

Cordova

Average Rent

$1,233

Population

78,781

# of Rentals

292

HousesApartments

Southaven

Average Rent

$1,215

Population

60,810

# of Rentals

44

HousesApartments

Bartlett

Average Rent

$1,517

Population

48,455

# of Rentals

34

HousesApartments

Collierville

Average Rent

$1,673

Population

46,214

# of Rentals

132

HousesApartments

Olive Branch

Average Rent

$1,400

Population

41,543

# of Rentals

13

HousesApartments

Germantown

Average Rent

$1,651

Population

36,913

# of Rentals

35

HousesApartments

Horn Lake

Average Rent

$1,148

Population

27,032

# of Rentals

13

HousesApartments

Arlington

Average Rent

$1,189

Population

13,744

# of Rentals

9

HousesApartments

Lakeland

Average Rent

$1,483

Population

13,404

# of Rentals

9

HousesApartments

Marion

Average Rent

$881

Population

12,078

# of Rentals

20

HousesApartments

Millington

Average Rent

$1,392

Population

9,657

# of Rentals

12

HousesApartments

Robinsonville

Average Rent

$877

Population

3,776

# of Rentals

10

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.