|Rent Price||Mar||vs Last Month|
|1 bed rentals||$1,176||+0.3%|
|2 bed rentals||$1,281||-7.2%|
|3 bed rentals||$1,545||-1.6%|
|4+ bed rentals||$2,057||-1.4%|
|Rent Type Price||Mar||vs Last Month|
Over the Apr 2020, the average rent for an apartment in/near Downtown Memphis, Memphis, TN decreased by 1.3% to . Breaking it down in details, we now see that the average price for 1-bed apartment increased by 0.3% to . Pricing for 2-bed apartment also decreased by 7.7% and a place of this size will now cost you . 3-bed apartment rent pricing starts at , it decreased by 1.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 1.5% and made it down to .
The median rent for an apartment in Downtown Memphis, Memphis, TN decreased by 8.7% to . Statistics show that house rent price decreased by 7.2% this month making it up to . Condos faced an upward trend these days. The median rent for a condo increased by 8.3%, it’s now available for . You can now rent a duplex for , duplex rent price decreased by 0.8% this month. The median rent for a loft faced changes as well, it decreased by 12%, the price tag now starts at . If you’re looking for a room, the price tag still starts at . The median price did not change this time.