MSA
Average Rent in Memphis, TN-MS-AR MSA
Memphis, TN-MS-AR MSA is a metropolitan area in United States. It ranks #411 out of 967 for places to rent. Memphis, TN-MS-AR MSA is in
the states of
Arkansas, Mississippi, Tennessee. Dwellsy has rental data for Memphis, TN-MS-AR MSA also includes 17 counties, 6 congressional districts, 62 zip codes, and 37 cities with places to rent.The average rent over the last 3 months for places in Memphis, TN-MS-AR MSA is $1,388 which represents a decrease of -0.41% over the same period.
The most expensive zip code in Memphis, TN-MS-AR MSA to rent places is 38139 with an average rent of $3,714. The least expensive zip code in Memphis, TN-MS-AR MSA to rent places is 38008 with an average rent of $842.
The most expensive city in Memphis, TN-MS-AR MSA to rent places is Germantown, TN with an average rent of $2,719. The least expensive city in Memphis, TN-MS-AR MSA to rent places is Bolivar, TN with an average rent of $842.
Rental Price Comparison
The average rent for places in msa Memphis, TN-MS-AR MSA currently stands at $1,388.
In comparison, places in the largest zip, specifically 38127, is less expensive, with an average rent of $1,102. This represents a difference of -21% when compared to Memphis, TN-MS-AR MSA.
Meanwhile, in the largest city of Memphis, the average rent for the same type of housing is $1,214, showing a less expensive of -13% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,868. This constitutes a more expensive by +35% when compared to the rent in Memphis, TN-MS-AR MSA.
$1,388
Memphis, TN-MS-AR MSA
VS$1,102
-21%
38127, zip
$1,214
-13%
Memphis, city
$1,868
+35%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
Cities in Memphis, TN-MS-AR MSA
Top 10 by Average Rent for places
Germantown, TN$2,719
Lakeland, TN$2,376
Stanton, TN$2,360
Arlington, TN$2,293
Oakland, TN$2,167
Nesbit, MS$2,124
Drummonds, TN$2,100
Cordova, TN$2,064
Atoka, TN$2,054
Collierville, TN$2,031
Cheapest 10 by Average Rent for places
Memphis, TN$1,214
Tunica, MS$1,200
Sarah, MS$1,200
Covington, TN$1,200
Robinsonville, MS$1,085
New Albany, MS$1,067
Sardis, MS$1,000
Courtland, MS$925
Marion, AR$918
Bolivar, TN$842
