Memphis, TN (City) - Trend of Apartment Rental Price Estimates (ApartmentList)

Updated on April 29, 2026.

According to data from ApartmentList.com, the apartment rental price estimate in Memphis, TN in April 2026 was $1,067 overall, $891 for one-bedroom apartments, and $1,010 for two-bedroom apartments.

The chart and table below shows the trend of the rental price estimate in Memphis for overall, 1-bedroom, and 2-bedroom apartments for recent months.

You can see similar information for other Tennessee cities, and for Tennessee.

Note: The Rental Price Estimate is the estimate of the median rent paid for new leases in a given market.

Data Source: Apartment List.
Memphis, TN - Trend of Apartment Rental Price Estimates
Overall
1Br
2Br
Memphis, TN - Trend of Apartment Rental Price Estimates
1 – 10 of 112
Month Overall Rent Estimate ($) 1Br Rent Estimate ($) 2Br Rent Estimate ($)
Jan 2017 809 676 766
Feb 2017 798 667 756
Mar 2017 812 678 769
Apr 2017 813 679 769
May 2017 808 675 765
Jun 2017 801 669 758
Jul 2017 793 663 751
Aug 2017 803 670 760
Sep 2017 802 670 759
Oct 2017 809 676 766
Nov 2017 811 677 768
Dec 2017 814 680 770
Jan 2018 808 674 764
Feb 2018 802 670 760
Mar 2018 811 677 768
Apr 2018 828 691 783
May 2018 847 708 802
Jun 2018 862 720 816
Jul 2018 870 727 823
Aug 2018 864 722 818
Sep 2018 857 716 811
Oct 2018 850 710 805
Nov 2018 856 715 810
Dec 2018 858 717 812
Jan 2019 859 718 813
Feb 2019 854 713 808
Mar 2019 856 715 811
Apr 2019 863 721 817
May 2019 870 726 823
Jun 2019 873 730 827
Jul 2019 880 735 833
Aug 2019 885 739 838
Sep 2019 881 736 834
Oct 2019 874 730 827
Nov 2019 873 730 827
Dec 2019 875 730 828
Jan 2020 880 735 833
Feb 2020 876 731 829
Mar 2020 880 735 833
Apr 2020 874 730 828
May 2020 879 734 832
Jun 2020 882 737 835
Jul 2020 895 748 848
Aug 2020 913 763 864
Sep 2020 923 771 873
Oct 2020 931 778 882
Nov 2020 932 778 882
Dec 2020 934 780 884
Jan 2021 940 785 890
Feb 2021 947 791 897
Mar 2021 958 800 907
Apr 2021 968 808 916
May 2021 985 823 933
Jun 2021 1005 840 952
Jul 2021 1036 865 980
Aug 2021 1048 876 992
Sep 2021 1068 892 1011
Oct 2021 1063 888 1006
Nov 2021 1070 894 1013
Dec 2021 1070 894 1013
Jan 2022 1080 902 1022
Feb 2022 1090 910 1032
Mar 2022 1098 917 1040
Apr 2022 1105 923 1046
May 2022 1112 929 1053
Jun 2022 1120 935 1060
Jul 2022 1133 946 1072
Aug 2022 1133 946 1072
Sep 2022 1124 939 1064
Oct 2022 1097 917 1039
Nov 2022 1084 906 1026
Dec 2022 1077 900 1020
Jan 2023 1081 903 1024
Feb 2023 1081 903 1024
Mar 2023 1083 904 1025
Apr 2023 1090 911 1032
May 2023 1097 916 1038
Jun 2023 1102 920 1043
Jul 2023 1099 918 1040
Aug 2023 1092 912 1034
Sep 2023 1086 907 1028
Oct 2023 1081 903 1023
Nov 2023 1079 902 1022
Dec 2023 1083 905 1026
Jan 2024 1089 909 1031
Feb 2024 1092 912 1034
Mar 2024 1092 912 1033
Apr 2024 1092 912 1034
May 2024 1098 917 1040
Jun 2024 1098 917 1039
Jul 2024 1097 917 1039
Aug 2024 1101 919 1042
Sep 2024 1100 919 1041
Oct 2024 1099 918 1040
Nov 2024 1077 899 1019
Dec 2024 1067 891 1010
Jan 2025 1061 886 1004
Feb 2025 1072 895 1015
Mar 2025 1091 911 1033
Apr 2025 1096 915 1038
May 2025 1092 912 1033
Jun 2025 1080 902 1023
Jul 2025 1081 903 1023
Aug 2025 1081 903 1024
Sep 2025 1077 899 1019
Oct 2025 1068 892 1011
Nov 2025 1062 887 1005
Dec 2025 1059 884 1002
Jan 2026 1059 884 1002
Feb 2026 1059 885 1003
Mar 2026 1063 888 1006
Apr 2026 1067 891 1010