Median rent for residential in as of May, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the condo.
12 Memphis, TN, USA condos for rent
Housing Trends
How much is a condo in Memphis, TN, USA
Average condo rent in Memphis: $1,318 (-34%)
| Rent Price | May | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,325 | -8.8% |
| 2 bed rentals | $1,308 | -31.3% |
| 3 bed rentals | $3,195 | N/A |
| 4+ bed rentals | $1,400 | N/A |
Over the May 2022, the average rent for a condominium in/near Memphis, TN decreased by 34% to $1,318.
The average price for a 1-bed condo didn’t change, the price tag starts at $1,325. A 2-bed condo rent price is the same as before, you can find a condo this big for $1,308. The average price for 3-bed condo didn’t face any changes this month, it now goes for $3,195. 4- and more bed condo rent remains the same, it’s available for $1,400.
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