|Rent Price||Feb||vs Last Month|
|1 bed rentals||$1,825||+1.4%|
|2 bed rentals||$1,777||+10.5%|
Over the Mar 2020, the average rent for a condominium in/near Memphis, TN increased by 8.4% to $1646. The average price for a 1-bed condo jumped up by 1.4%, so the price tag starts at $1825. A 2-bed condo rent price went up by 9.5%, it now goes for $1608.