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Best Places to Rent

Memphis Metropolitan Area

Tennessee, Mississippi, Arkansas

Average Rent

$1,251

Rent Comparison

-23.7% Lower

than state average

Cost of Living

--

Population

1.34 Million

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

$1,220

Population

629,404

# of Rentals

2,113

Cordova

Average Rent

$1,313

Population

78,781

# of Rentals

392

Southaven

Average Rent

$1,464

Population

60,810

# of Rentals

58

Bartlett

Average Rent

$1,841

Population

48,455

# of Rentals

42

Collierville

Average Rent

$1,711

Population

46,214

# of Rentals

188

Olive Branch

Average Rent

$1,535

Population

41,543

# of Rentals

10

Germantown

Average Rent

$1,901

Population

36,913

# of Rentals

31

Horn Lake

Average Rent

$1,279

Population

27,032

# of Rentals

13

Arlington

Average Rent

$1,345

Population

13,744

# of Rentals

10

Lakeland

Average Rent

$2,275

Population

13,404

# of Rentals

13

Millington

Average Rent

$1,537

Population

9,657

# of Rentals

11

Robinsonville

Average Rent

$877

Population

3,776

# of Rentals

12

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

Other Metros

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