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Best Places to Rent

Memphis Metropolitan Area

Tennessee, Mississippi, Arkansas

Average Rent

$1,126

Rent Comparison

-26.2% 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 1,339,025. Use the map below to explore this metro’s top cities and compare key metrics to find the best place

Memphis

Average Rent

$1,070

Population

629,404

# of Rentals

2,195

HousesApartments

Cordova

Average Rent

$1,237

Population

78,781

# of Rentals

308

HousesApartments

Southaven

Average Rent

$1,313

Population

60,810

# of Rentals

42

HousesApartments

Bartlett

Average Rent

$1,543

Population

48,455

# of Rentals

31

HousesApartments

Collierville

Average Rent

$1,652

Population

46,214

# of Rentals

128

HousesApartments

Olive Branch

Average Rent

$1,352

Population

41,543

# of Rentals

20

HousesApartments

Germantown

Average Rent

$1,604

Population

36,913

# of Rentals

31

HousesApartments

Horn Lake

Average Rent

$1,230

Population

27,032

# of Rentals

5

HousesApartments

Arlington

Average Rent

$1,159

Population

13,744

# of Rentals

10

HousesApartments

Lakeland

Average Rent

$1,534

Population

13,404

# of Rentals

15

HousesApartments

Marion

Average Rent

$836

Population

12,078

# of Rentals

18

HousesApartments

Millington

Average Rent

$1,418

Population

9,657

# of Rentals

12

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.