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In Tennessee, renters in only two of the six examined cities could find more than 1,000 square feet of space for $1,500.
Rent prices in Memphis remain cheaper than other notable Tennessee cities — including Nashville, according to data from Rent.com. The average rent for apartments in Memphis is currently between ...
In Tennessee, Memphis had the cheapest monthly rental for single-family homes at $1,482. Comparatively, Franklin was the most expensive place for monthly rent at $3,293.
While the national median rent is $1,435, The Memphis, MS-TN-AR metro area has a median rent estimate of $1,077. The median cost for a studio locally is $733 compared to the national cost of $1,015.
Phoenix is also more expensive on nearly every front. The average rent is $1,646—over $300 higher than Memphis—and larger units easily push past $2,100 per month.
MEMPHIS, Tenn. — Rental costs in Memphis shot up 29.3% over the past year, the fifth-highest increase among the 50 largest cities in the U.S. according to a Realtor.com survey.
The analysis looked at salaries after federal taxes compared to rent in 291 metro areas in the nation. It shows that large metro areas in Knoxville and Memphis are far more affordable than Music ...
Tennessee has received roughly $458 million in federal funding under the COVID-19 Rent Relief Act. More than $383 million of that would be administered by THDA and distributed to help tenants in ...
Phoenix is also more expensive on nearly every front. The average rent is $1,646—over $300 higher than Memphis—and larger units easily push past $2,100 per month.
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