Neighborhood

Average Rent in Medical District

Medical District is a neighborhood in Memphis, TN. It ranks #36 out of 56 for places to rent. Medical District is in
the county of
Shelby County and no congressional districts. Dwellsy has rental data for Medical District includes 4 zip codes, 56 neighborhoods and no rental communities with places to rent.
The average rent over the last 3 months for places in Medical District is $1,014 which represents a decrease of -0.26% over the same period.

Rental Price Comparison

The average rent for places in neighborhood Medical District currently stands at $1,014.
In comparison, places in the average city, specifically Memphis, is more expensive, with an average rent of $1,176. This represents a difference of +16% when compared to Medical District.
Meanwhile, in the average state of Tennessee, the average rent for the same type of housing is $1,556, showing a more expensive of +53% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,861. This constitutes a more expensive by +83% when compared to the rent in Medical District.
$1,014
Medical District
VS
$1,176
+16%
Memphis, city
$1,556
+53%
TN, state
$1,861
+83%
USA, us

Average price for rental listings over the last 3 months. Last updated June 7 2026

Zip Codes in Medical District