Memphis, TN Homes for Rent

• 

  

  

  /18

  $1,445 per month

  • 3 Beds
  • 2 Baths
  • 1,443 Sq Ft
  • House for Rent

  4914 Durbin Ave, Memphis, TN 38122

  Charming Berclair home with 4 bedrooms and 2 full baths, offering a spacious layout with a separate living room, dining room, and great room. Enjoy the beautifully landscaped, level backyard with chain link fencing and a large storage building. Convenient Mendenhall location close to shopping, schools, and easy access to main roads.

  

  Jo Mathes

  Pinnacle Realty

  (901) 704-8847

  4914 Durbin Ave, Memphis, TN 38122
• Explore Memphis

• 

  

  

  /13

  $1,695 per month

  • 3 Beds
  • 2 Baths
  • 1,191 Sq Ft
  • House for Rent

  9274 Charly Hill Ln, Cordova, TN 38016

  Welcome to this beautifully maintained 3-bedroom, 2-bathroom home nestled in a quiet, family-friendly community just minutes from US Highway 64. Step inside to a bright and inviting layout featuring an eat-in kitchen ideal for casual meals or entertaining. The open living area flows seamlessly, providing a warm and welcoming atmosphere. Enjoy the outdoors in the spacious backyard. The double car

  

  Jo Mathes

  Pinnacle Realty

  (901) 657-6166

  9274 Charly Hill Ln, Cordova, TN 38016
• 

  

  

  /10

  $1,200 per month

  • 3 Beds
  • 1 Bath
  • 963 Sq Ft
  • House for Rent

  964 Elizabeth Ln, Memphis, TN 38122

  This delightful 3-bedroom, 1-bathroom home offers a comfortable 880 square feet of living space, perfect for those seeking a cozy, low-maintenance retreat. Outside, you'll find a convenient 1-car carport, providing sheltered parking while still offering plenty of room for outdoor activities in the spacious yard. Whether you're relaxing inside or enjoying the fresh air outdoors, this home is ready

  

  Jo Mathes

  Pinnacle Realty

  (901) 587-0456

  964 Elizabeth Ln, Memphis, TN 38122
• 

  

  

  /8

  $765 per month

  • 1 Bed
  • 1 Bath
  • 6,594 Sq Ft
  • Apartment for Rent

  128 Stonewall St Unit 7, Memphis, TN 38104

  Flexible Leases (12–24 months) | Same-Day Online Approval | Second Chance & Section 8 Accepted | Zero Deposit Required for Approved Applicants Through Obligo Beautifully renovated 1 bed, 1 bath, 750 sq. ft. in the Evergreen Historic District. Modern updates, window unit for cooling, wall furnace for heat, and off-street parking. Steps from shops, dining, and entertainment. Contact us today –

  

  Jo Mathes

  Pinnacle Realty

  (901) 668-8363

  128 Stonewall St Unit 7, Memphis, TN 38104
• 

  

  

  /8

  $1,050 per month

  • 3 Beds
  • 1 Bath
  • 893 Sq Ft
  • House for Rent

  4071 Grey Rd, Memphis, TN 38108

  For Lease! Cute & cozy 3BR/1BA home with 893 sq ft of easy living! This one-story charmer offers a bright living area, functional layout, and spacious yard perfect for outdoor enjoyment. Conveniently located near Kingsbury schools and everyday amenities. Affordable single-family living—schedule your showing today!

  

  Jo Mathes

  Pinnacle Realty

  (901) 676-6470

  4071 Grey Rd, Memphis, TN 38108
• 

  /2

  $1,450 per month

  • 4 Beds
  • 2 Baths
  • House for Rent

  1505 Netherwood Ave, Memphis, TN 38106

  This well built home is perfect for a family or Investor. First month's rent waived!! Book your tour today!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 675-6280

  1505 Netherwood Ave, Memphis, TN 38106
• 

  

  /10

  $1,370 per month

  • 2 Beds
  • 1 Bath
  • 850 Sq Ft
  • Apartment for Rent

  2086 Harbert Ave Unit 2086 Harbert St Memp, Memphis, TN 38104

  Live in the heart of Midtown in this beautifully updated 2-bedroom, 1-bath duplex that truly shows exceptionally well. This residence offers on-site parking, laundry hookups, and a fresh, modern interior that feels clean, comfortable, and move-in ready. Call listing agent for tour. What truly sets this property apart is its unbeatable central location. Situated just a 4-minute walk to Peabody

  

  Tony Lavelle

  BHHS McLemore & Co. Realty

  (901) 813-6823

  2086 Harbert Ave Unit 2086 Harbert St Memp, Memphis, TN 38104
• 

  

  /17

  $1,850 per month

  • 4 Beds
  • 2 Baths
  • 1,640 Sq Ft
  • House for Rent

  1061 Shaw Place, Memphis, TN 38126

  Rent to own

  

  Charlene Bailey

  Bespoke Realty

  (901) 665-4554

  1061 Shaw Place, Memphis, TN 38126
• 

  

  /18

  $2,300 per month

  • 4 Beds
  • 2.5 Baths
  • 1,964 Sq Ft
  • House for Rent

  1844 Oliver Ave, Memphis, TN 38114

  Live the Cooper-Young lifestyle in this stunning two-story, 2,000 sq. ft. home, where charm meets modern convenience. Boasting four spacious bedrooms, two full bathrooms, and a handy half bath, this home effortlessly accommodates family life and entertaining. Sunlight pours into the expansive living and dining areas, creating an inviting space for gatherings or quiet evenings. The large,

  

  Jo Mathes

  Pinnacle Realty

  (901) 699-4507

  1844 Oliver Ave, Memphis, TN 38114
• 

  

  /16

  $950 per month

  • 1 Bed
  • 1 Bath
  • Apartment for Rent

  528 E Parkway N Unit 9, Memphis, TN 38112

  This 2 bedroom, one bath apartment is on the first floor. All appliances and a washer/dryer are within the unit! At the corner of Summer/Forest Ave and Parkway, this property is within walking distance to Overton Park, Memphis Zoo, Rhodes College, Express way. Requirements: Credit score 600 or higher Employment one year or longer Income 3 times rent amount No Bankruptcy, evictions, or judgments

  

  Jo Mathes

  Pinnacle Realty

  (901) 617-3912

  528 E Parkway N Unit 9, Memphis, TN 38112
• 

  

  /40

  $2,950 per month

  • 4 Beds
  • 2.5 Baths
  • 1,657 Sq Ft
  • House for Rent

  1855 Oliver Ave, Memphis, TN 38114

  You don't want to miss this Bungalow styled gem in Cooper Young. Located in the heart of Memphis, this home is completely renovated. Home can be rented fully furnished. Bathrooms feature rain can shower heads. Primary bedroom feature three rain can shower heads and walk in closet. Did we mention the 4th bedroom/Bonus room located on second level, length of home. Deposit of $3000

  

  Reginald Harris

  Harris Realty Services

  (901) 883-6826

  1855 Oliver Ave, Memphis, TN 38114
• 

  /2

  $1,542 per month

  • 4 Beds
  • 1.5 Baths
  • 1,445 Sq Ft
  • House for Rent

  791 Par Ave, Memphis, TN 38127

  Section 8 desired. Beautifully renovated home.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 621-4361

  791 Par Ave, Memphis, TN 38127
• 

  /2

  $1,750 per month

  • 3 Beds
  • 2 Baths
  • 1,540 Sq Ft
  • House for Rent

  1055 Shaw Place, Memphis, TN 38126

  

  Charlene Bailey

  Bespoke Realty

  (901) 716-6417

  1055 Shaw Place, Memphis, TN 38126
• 

  

  /8

  $795 per month

  • 1 Bed
  • 1 Bath
  • 6,594 Sq Ft
  • Apartment for Rent

  128 Stonewall St Unit 1, Memphis, TN 38104

  Nestled within the storied embrace of the Evergreen Historic District, this first-floor one-bedroom, one-bathroom apartment shines as a radiant jewel! Beyond its threshold lies a realm of opulence, with coveted amenities including off-street parking, capacious closets, and resplendent refinished hardwood floors. The grandeur of lofty ceilings envelops each room, while a separate dining enclave

  

  Jo Mathes

  Pinnacle Realty

  (901) 716-8995

  128 Stonewall St Unit 1, Memphis, TN 38104
• 

  

  /8

  $775 per month

  • 1 Bed
  • 1 Bath
  • 6,594 Sq Ft
  • Apartment for Rent

  128 Stonewall St Unit 8, Memphis, TN 38104

  This apartment is an absolute gem! It has off-street parking, large closets, refinished hardwood floors, high ceilings, and a separate dining room. This second floor unit has 2 window units that keeps the apartment cool and a wall furnace that makes the apartment toasty. Requirements: Credit score 600 or higher Employment one year or longer Income 3 times rent amount No Bankruptcy, evictions, or

  

  Jo Mathes

  Pinnacle Realty

  (901) 445-9307

  128 Stonewall St Unit 8, Memphis, TN 38104
• 

  

  /16

  $1,800 per month

  • 4 Beds
  • 1 Bath
  • 1,199 Sq Ft
  • House for Rent

  8 E Brooks Rd, Memphis, TN 38109

  This beautifully renovated home is rent ready for a family. If features 4 bedrooms and 1 bathroom, kitchen, laundry closet, rear load garage and plenty of space. Free TV on 12 month lease!!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 665-2519

  8 E Brooks Rd, Memphis, TN 38109
• 

  

  /23

  $2,000 per month

  • 3 Beds
  • 2.5 Baths
  • 2,064 Sq Ft
  • House for Rent

  6667 Einat Cove, Memphis, TN 38134

  Fabulous rental opportunity! This beautifully maintained 3-bedroom, 2.5-bath home offers the perfect blend of comfort and convenience and is just a short stroll to Shelby Farms Park for outdoor adventures, trails, and scenic views. Enjoy a spacious primary suite on the main level featuring a luxurious bath, ideal for easy living. LVP flooring and fresh paint throughout gives the home a crisp,

  

  Margie Oneal

  REMAX Experts

  (901) 673-2837

  6667 Einat Cove, Memphis, TN 38134
• 

  

  /24

  $1,995 per month

  • 3 Beds
  • 2 Baths
  • 1,259 Sq Ft
  • House for Rent

  5081 Rich Rd, Memphis, TN 38117

  This is an 6 month lease with possible month to month afterwards. Owner would give a 60 day notice. Immediate occupancy available. Welcome to this well-maintained 3 bedroom, 2 bathroom home located in the heart of East Memphis, one of the city’s most desirable and convenient neighborhoods. Situated near top-rated schools, great shopping, and popular dining spots, this home offers comfort,

  

  Scott Carrier

  Keller Williams

  (901) 472-7113

  5081 Rich Rd, Memphis, TN 38117
• 

  

  /11

  $875 per month

  • 1 Bed
  • 1 Bath
  • 18,306 Sq Ft
  • Condo for Rent

  3449 Southern Ave Unit 3453 - 102, Memphis, TN 38111

  Freshly updated and move-in ready, this charming unit offers a clean, modern feel with stylish wood-look flooring, neutral paint, and plenty of natural light throughout. The open living space flows seamlessly into a bright kitchen area, creating a comfortable and functional layout. Enjoy spacious bedroom, updated bathroom finishes, and energy-efficient windows. The exterior features

  

  Jo Mathes

  Pinnacle Realty

  (901) 445-8375

  3449 Southern Ave Unit 3453 - 102, Memphis, TN 38111
• 

  

  /25

  $3,750 per month

  • 5 Beds
  • 4.5 Baths
  • 4,609 Sq Ft
  • House for Rent

  355 Forest Hill-Irene Rd, Memphis, TN 38018

  This 4,609 square foot home offers distinct features. Grand foyer as you enter offers an open view to the Formal living and dining rooms. Your guest would be impressed! Middle section of the home offers the large kitchen/breakfast/hearthroom. Primary BR is at the rear of the home along with the office and loft area above it. Just wait until you see this gorgeous room! Total of 3br's down and 3

  

  Scott Carrier

  Keller Williams

  (901) 665-5048

  355 Forest Hill-Irene Rd, Memphis, TN 38018
• 

  

  /29

  $3,350 per month

  • 5 Beds
  • 3 Baths
  • 3,600 Sq Ft
  • House for Rent

  1155 River Oak View Cove, Memphis, TN 38120

  Available June 1. Current tenants need 24hr notice to let us show the home. Beautifully updated home for lease! Totally new kitchen and baths!! Light fixtures, paint, hardware, flooring! You won’t find another rental like this! Very convenient location & great subdivision. 2car garage w/ storage. Immediate availability. Min 1 year lease, sec deposit same as rent, minimum 680 credit rating &

  

  Scott Carrier

  Keller Williams

  (901) 665-0854

  1155 River Oak View Cove, Memphis, TN 38120
• 

  

  /10

  $1,050 per month

  • 2 Beds
  • 1 Bath
  • Apartment for Rent

  605 Patterson St Unit 7, Memphis, TN 38111

  Must see! This renovated first floor, 2 bedroom apartment features hard surface flooring throughout, ceiling fans in the bedrooms, fresh paint, an updated kitchen and bath and is conveniently located near the University of Memphis and all of the shopping, dining, and entertainment offered on the Highland Strip. The property features a common area patio with grills for tenant use. Appliances

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 657-1481

  605 Patterson St Unit 7, Memphis, TN 38111
• 

  

  /15

  $1,400 per month

  • 3 Beds
  • 2 Baths
  • 1,744 Sq Ft
  • House for Rent

  5364 Santa Monica Cove, Memphis, TN 38116

  OPEN HOUSE SUNDAY APRIL 26th 12p-2p Spacious 3 bed/ 2 bath home with Living Room + Dining Room & Eat in Kitchen. Rent $1,400 ( Deposit $1,400) One year lease. Must have verifiable Income and Rental History (No Evictions) For application reach out to listing agent

  

  Camille Holmes

  Ready Team REALTORS

  (901) 669-3719

  5364 Santa Monica Cove, Memphis, TN 38116
• 

  

  /30

  $2,000 per month

  • 3 Beds
  • 2.5 Baths
  • 1,645 Sq Ft
  • House for Rent

  772 Breeze Way, Cordova, TN 38018

  This beautiful home is in the Sunset Downs subdivision of Cordova near Germantown Parkway. You have everything you'll need just a short drive away, whether it's shopping, dining or entertainment! Patio with privacy fence and alley way garage entry to home. Comes with all major appliances!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 617-3509

  772 Breeze Way, Cordova, TN 38018
• 

  

  /17

  $1,325 per month

  • 4 Beds
  • 2 Baths
  • 1,100 Sq Ft
  • House for Rent

  1448 Menager Rd, Memphis, TN 38106

  This home has been renovated and has lots of space. New HVAC, hot water heater, new plumbing lines, drains repaired, fenced back yard, this property is great for a family or investor. Half off second month's rent!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 446-1413

  1448 Menager Rd, Memphis, TN 38106
• 

  

  /8

  $1,100 per month

  • 2 Beds
  • 1 Bath
  • 1,000 Sq Ft
  • House for Rent

  1075 Kney St, Memphis, TN 38107

  This is a perfect starter home / investment property. Home has been renovated. 3 bedrooms/1 bath. 1/2 off second month's rent!!!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 669-4407

  1075 Kney St, Memphis, TN 38107
• 

  

  /9

  $1,200 per month

  • 3 Beds
  • 2 Baths
  • 1,008 Sq Ft
  • House for Rent

  1541 Patton St, Memphis, TN 38106

  This home has been renovated and is move in ready! This would make a nice first time buyer home or investment property. Half off second month's rent!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 499-3167

  1541 Patton St, Memphis, TN 38106
• 

  

  /15

  $1,395 per month

  • 3 Beds
  • 1 Bath
  • 1,250 Sq Ft
  • House for Rent

  961 N Perkins Rd, Memphis, TN 38122

  Flexible Leases (12–24 months) | Same-Day Online Approval | Second Chance & Section 8 Accepted | Zero Deposit Required for Approved Applicants Through Obligo Beautifully updated 3-bedroom, 1-bath home with new tiles, brand new bathroom, laundry area, expansive backyard, and covered carport. Quiet neighborhood ready for you! Unit amenities Air conditioner, Carport, Heat, Laundry hookup, Pet

  

  Jo Mathes

  Pinnacle Realty

  (901) 899-6512

  961 N Perkins Rd, Memphis, TN 38122
• 

  

  /29

  $2,400 per month

  • 3 Beds
  • 2 Baths
  • 1,532 Sq Ft
  • House for Rent

  3634 Cowden Ave, Memphis, TN 38111

  Rare chance to rent in the Campus School District! This cottage is a perfect updated 3/2 within a block of the U of M! So much space for your family or friends to share! You'll love the big windows that let in tons of natural light, as well as all the other charming details such as the fireplace and built-in shelves. The kitchen is updated with granite, & the downstairs bathroom was just

  

  Kimmer Plunk

  Centric Realty LLC

  (901) 660-3538

  3634 Cowden Ave, Memphis, TN 38111
• 

  

  /3

  $1,600 per month

  • 4 Beds
  • 2 Baths
  • 2,200 Sq Ft
  • House for Rent

  9155 Forrest Dr, Southaven, MS 38671

  Spacious 4 Bedroom Home in Southaven, MS!You will love this spacious home located in the heart of Southaven! Situated on a corner lot, this gem features 4 bedrooms and 1.5 bathrooms, offering plenty of room for family living and entertaining.The home has been refreshed with neutral paint that will pair with any decor. Each bedroom includes a ceiling fan and offers a comfortable space

  Chris Newsom

  Allstar Management

  (662) 442-8067

  9155 Forrest Dr, Southaven, MS 38671
• 

  

  /93

  $999 - $1,759 per month

  South Junction Apartments

  Studio - 2 Beds

  9 E Carolina Ave, Memphis, TN 38103

  Built on repurposed railroad land using energy efficient construction and open-air design, South Junction means lower-cost, lower-impact living. Our garden-style apartments are perfectly situated within walking distance to Big River Crossing, the Farmer’s Market, Tom Lee Park, and all the shops and restaurants in the South Main Arts District.

  9 E Carolina Ave, Memphis, TN 38103
• 

  

  /24

  $945 per month

  • 2 Beds
  • 1 Bath
  • 858 Sq Ft
  • Condo for Rent

  3646 Spottswood Ave Unit 9, Memphis, TN 38111

  This 2 bedroom, 1 bath condo offers a 2-minute walk to the University of Memphis campus! Moving in will be easy with this ground-floor, single-story unit. It's a well cared for, privately managed rental with new vinyl floors, water heater, microwave, blinds, curtains, bathroom vanity (not pictured), faucet fixtures and fresh paint throughout. All appliances are included! This unit faces a quiet

  Jenna Williamson Green Bee Real Estate

  3646 Spottswood Ave Unit 9, Memphis, TN 38111
• 

  

  /42

  $1,400 - $1,850 total monthly price

  Urban Loft Co. Memphis- Utilties Included

  1 Bed

  440 Monroe Ave, Memphis, TN 38103

  The Urban Loft Co. in Memphis, located at 440 Monroe Ave, offers a vibrant and modern urban living experience, NOW LEASING. This new community features fully furnished lofts designed for convenience and comfort, with utilities and high-speed internet included from day one. Our residences boast upscale design elements such as high ceilings, custom cabinetry, expansive windows, and wood-style

  440 Monroe Ave, Memphis, TN 38103
• 

  

  /17

  $1,295 per month

  • 3 Beds
  • 1 Bath
  • 1,281 Sq Ft
  • House for Rent

  2597 Henderson St, Memphis, TN 38127

  Beautifully renovated 3 bed 1 bath Frayser family home, fresh to the market! Home is newly updated inside and out, including new roof, painted exterior, new brick masonry mailbox, fresh interior paint throughout, new floors, renovated kitchen and bath, and more! You will rent will Pride and Enjoy! Section 8 vouchers welcomed. Simple application process, contact us Today to move forward!

  Derrick Brown Independence Realty&Investment

  2597 Henderson St, Memphis, TN 38127
• 

  

  /44

  $1,149 - $1,448 per month

  Century Apartments

  1 - 3 Beds

  777 Mount Moriah Rd, Memphis, TN 38117

  This is where renovated design meets real-life rhythm. At Century Apartments, youre steps from everythingbut tucked just enough away to breathe. Our apartments in Memphis, TN are fully reimagined with a designers eye and a commuters mindset. High-end finishes, smart layouts, and a community that feels like it was built for your pace, not someone elses. Choose from one, two, and

  777 Mount Moriah Rd, Memphis, TN 38117
• 

  

  /17

  $2,850 per month

  • 3 Beds
  • 3 Baths
  • 2,471 Sq Ft
  • Townhouse for Rent

  18 W Georgia Ave, Memphis, TN 38103

  Awesome 3 story, brick townhouse located in the hot South End downtown area; 3 Bedrooms w/ 3 full Baths includes kitchen w/granite and SS appliances that opens to large great room w/FP. Private stone patio off the 2 car garage. Bedroom down w/built-ins. Lovely MBR w/brick accent wall and luxury master bath. The 3rd floor Bonus Room leads to roof top deck that's ready for entertaining. Walking

  Audrey Davis REMAX Experts

  18 W Georgia Ave, Memphis, TN 38103
• 

  

  /75

  $1,039 - $1,254 per month

  Trinity Lakes

  1 - 2 Beds

  7935 Club Dr, Cordova, TN 38016

  NEWLY RENOVATED APARTMENTS! Welcome to Trinity Lakes! Enjoy the benefits of two fitness centers, an indoor racquet ball court, a NEW pickle ball court and a newly finished lighted tennis court! Also we have two swimming pools, and warm yourself up on those cold nights in our steaming hot tub! Also, for special nights, we provide our residents with the option of our accommodating, rentable Club

  7935 Club Dr, Cordova, TN 38016
• 

  

  /22

  $2,400 per month

  • 3 Beds
  • 2.5 Baths
  • 1,638 Sq Ft
  • House for Rent

  154 Island Bluff Dr, Memphis, TN 38103

  Available June 1. Located on a quiet side street in Harbor Town, this 3 Bedroom, 2.5 Bath Home has a large living room with vaulted ceilings and a fireplace, an eat-in kitchen with all appliances includes, laundry room with washer and dryer, Primary Bedroom is downstairs, and 2 bedrooms and a full Jack-n-Jill bathroom is upstairs. Plenty of additional parking is available in front of the home.

  Tom Fletcher Memphis Property Management Pr

  154 Island Bluff Dr, Memphis, TN 38103
• 

  

  /23

  $760 - $1,855 per month

  Uptown Square Apartments

  Studio - 3 Beds

  252 N Lauderdale St, Memphis, TN 38105

  Your home says a lot about you. At Uptown Square you get to choose from a variety of floor plans that offer historic character, downtown living, prestige, and family appeal.Uptown Square has something for everyone, and if you want to be a part of something dramatically different, you should know that everything old here is new again - move in now and get back in style.

  252 N Lauderdale St, Memphis, TN 38105
• 

  

  /12

  $1,750 per month

  • 3 Beds
  • 2 Baths
  • 1,538 Sq Ft
  • House for Rent

  9347 Garden Woods Dr, Cordova, TN 38016

  Available immediately, this 3 Bedroom, 2 Bath Home has a double garage, wood fenced backyard with a beautiful deck, formal dining room, and comes with a dishwasher and stove.

  Tom Fletcher Memphis Property Management Pr

  9347 Garden Woods Dr, Cordova, TN 38016

Showing Results 1 - 40, Page 1 of 18

Why Live in Memphis

Memphis stands as the birthplace of Blues, Soul, and Rock 'n' Roll, with legendary music landmarks like Sun Studio, where Elvis Presley and Johnny Cash recorded their earliest hits. The city's rich cultural heritage comes alive through attractions like Graceland, Elvis's iconic mansion, and the National Civil Rights Museum at the Lorraine Motel. Beale Street pulses with live music venues, while outdoor spaces like the 4,500-acre Shelby Farms Park and the Mississippi River waterfront at Tom Lee Park provide natural escapes. The culinary scene features standout restaurants such as Central BBQ, known for hickory-smoked ribs, and Gus's Fried Chicken, a regional icon serving Southern spicy fried chicken.

The Memphis housing market presents diverse options across distinct neighborhoods. Single-family homes in Midtown Memphis have a median price of $310,000, while similar properties in Cooper-Young reach $311,000. Downtown Memphis single-family homes show a median price of $265,000. The median price for townhomes throughout Memphis is $399,000, while one-bedroom condos typically sell for a median price of $161,000.

Memphis maintains a cost of living 10.3% below the national average. A family with school-age children needs approximately $95,000 annually to live comfortably, while single renters require about $55,000. The property tax rate in Shelby County sits at 1.03%, with no state income tax and a combined sales tax rate of 9.56%. Monthly grocery costs average $1,600 for families and $700 for singles. The city's educational landscape includes highly rated institutions like White Station High School serving multiple neighborhoods and private schools such as Hutchison School and Memphis University School. The University of Memphis and Rhodes College add to the academic environment.

Learn more about living in Memphis

Frequently Asked Questions

What are the most popular neighborhoods in Memphis, TN for renters?

The most popular neighborhoods in Memphis, TN for renters are Chickasaw Gardens, Binghampton, Midtown Memphis, Cooper-Young and Orange Mound.

What are the most popular zip codes in Memphis, TN for renters?

The most popular zip codes in Memphis, TN for renters include 38112, 38104, 38111, 38114 and 38122.

Rental Home Trends in Memphis, TN

There are currently 1,673 homes available for rent in Memphis, TN. The median rent is $1,400 per month, with single-family homes renting at $1,475, townhouses at $1,400 and condos at $1,295.

Rental Home Trends

Number of Homes for Rent

1,673

Median Rent

$1,400

Median Single Family Home Rent

$1,475

Median Townhouse Rent

$1,400

Median Condo Rent

$1,295