Property Prices in Memphis, TN, United States

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,330.11 $	1,092.00-1,800.00
Apartment (1 bedroom) Outside of Centre	962.22 $	775.00-1,200.00
Apartment (3 bedrooms) in City Centre	2,120.00 $	1,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre	1,751.43 $	1,500.00-2,300.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	69.00 $
Price per Square Feet to Buy Apartment Outside of Centre	184.00 $
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	4,431.48 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.67	4.08-6.75

These data are based on 70 entries in the past 18 months from 14 different contributors.
Last update: June 2023