Property Priors
Home / Memphis / Rents
The Memphis rent ladder

Memphis rent by zip code, from listings we track nightly.

We follow every Memphis rental listing night by night: when it appears, what it asks, and the day it comes down. This ladder is the whole city ranked by median asking rent, with the leasing clock next to every number.

Median asking rent per zip from a nightly listing trail, one observation per listing per month, latest month with at least 8 tracked listings. Days to lease is the median time from a listing's first appearance to the day it comes down, over the last 12 months, shown where 8 or more listings completed that cycle. Tracked listings only, not an estimate model.

#Zipmedian asking rentlistings that monthmedian days to lease
01 38138asking median for Aug 2026; lease clock from 33 completed listings $2,695/momedian asking rent 26listings that month 29median days to lease
02 38017asking median for Aug 2026; lease clock from 67 completed listings $2,535/momedian asking rent 48listings that month 15median days to lease
03 38002asking median for Aug 2026; lease clock from 77 completed listings $2,140/momedian asking rent 63listings that month 24median days to lease
04 38103asking median for Aug 2026; lease clock from 62 completed listings $2,000/momedian asking rent 45listings that month 29median days to lease
05 38135asking median for Aug 2026; lease clock from 83 completed listings $1,985/momedian asking rent 37listings that month 26median days to lease
06 38125asking median for Aug 2026; lease clock from 129 completed listings $1,895/momedian asking rent 73listings that month 28median days to lease
07 38016asking median for Aug 2026; lease clock from 166 completed listings $1,852/momedian asking rent 154listings that month 26median days to lease
08 38018asking median for Aug 2026; lease clock from 180 completed listings $1,815/momedian asking rent 149listings that month 24median days to lease
09 38120asking median for Aug 2026; lease clock from 24 completed listings $1,795/momedian asking rent 13listings that month 21median days to lease
10 38053asking median for Jul 2026; lease clock from 21 completed listings $1,760/momedian asking rent 32listings that month 37median days to lease
11 38134asking median for Aug 2026; lease clock from 131 completed listings $1,650/momedian asking rent 72listings that month 27median days to lease
12 38133asking median for Aug 2026; lease clock from 57 completed listings $1,595/momedian asking rent 48listings that month 24median days to lease
13 38119asking median for Aug 2026; lease clock from 76 completed listings $1,594/momedian asking rent 34listings that month 21median days to lease
14 38141asking median for Aug 2026; lease clock from 119 completed listings $1,541/momedian asking rent 68listings that month 29median days to lease
15 38117asking median for Aug 2026; lease clock from 95 completed listings $1,500/momedian asking rent 70listings that month 31median days to lease
16 38128asking median for Aug 2026; lease clock from 182 completed listings $1,385/momedian asking rent 99listings that month 27median days to lease
17 38115asking median for Aug 2026; lease clock from 111 completed listings $1,305/momedian asking rent 55listings that month 31median days to lease
18 38118asking median for Aug 2026; lease clock from 200 completed listings $1,250/momedian asking rent 65listings that month 29median days to lease
19 38114asking median for Aug 2026; lease clock from 142 completed listings $1,231/momedian asking rent 57listings that month 29median days to lease
20 38107asking median for Aug 2026; lease clock from 102 completed listings $1,150/momedian asking rent 63listings that month 27median days to lease
21 38122asking median for Aug 2026; lease clock from 189 completed listings $1,100/momedian asking rent 75listings that month 29median days to lease
22 38109asking median for Aug 2026; lease clock from 232 completed listings $1,075/momedian asking rent 105listings that month 29median days to lease
23 38127asking median for Aug 2026; lease clock from 318 completed listings $1,075/momedian asking rent 129listings that month 32median days to lease
24 38111asking median for Aug 2026; lease clock from 318 completed listings $1,050/momedian asking rent 150listings that month 28median days to lease
25 38104asking median for Aug 2026; lease clock from 261 completed listings $999/momedian asking rent 131listings that month 31median days to lease
26 38112asking median for Aug 2026; lease clock from 108 completed listings $999/momedian asking rent 49listings that month 30median days to lease
27 38116asking median for Aug 2026; lease clock from 213 completed listings $950/momedian asking rent 98listings that month 30median days to lease
28 38106asking median for Aug 2026; lease clock from 137 completed listings $938/momedian asking rent 52listings that month 27median days to lease
29 38105asking median for Aug 2026; lease clock from 34 completed listings $895/momedian asking rent 19listings that month 28median days to lease
30 38126asking median for Aug 2026; lease clock from 8 completed listings $780/momedian asking rent 10listings that month 13median days to lease
31 38108asking median for Aug 2026; lease clock from 74 completed listings $735/momedian asking rent 41listings that month 29median days to lease
That is every zip that clears the honesty gate. Each links to its own full page.
The whole ladder is free. Pro adds the per-address read: what one specific house sells for, rents for, and books, answered from its own record. Run an address, free Go Pro · $29/mo or see a sample read

Pro is 7 days free, cancel in one click.

Every figure on this page is computed from public records and listings we track ourselves. Public records contain errors, omissions, and recording lags, and coverage windows are stated where each figure appears. Rankings reflect recorded volume only and are not ratings, reviews, endorsements, or statements about any entity's quality, legality, or conduct. Nothing here is an appraisal, a broker price opinion, or lending, investment, tax, or legal advice. This is not a consumer report: never use it to screen tenants or to make any decision about an individual person.

How this league is built

A clock on every listing.

Rent estimate tools model what a house might ask. This ladder reports what Memphis landlords are actually asking, zip by zip, from listings observed nightly, and how many days it takes those listings to come down. The asking number without the clock is half an answer: a high ask that sits for 60 days is a different market than a lower ask gone in two weeks.

Every zip on the ladder links to its full page: sales, rents, flips, and the short-term rental layer where it exists. The per-address read in Pro goes further: what one specific house should ask, from the leases and listings closest to it.

How Property Priors builds a read →

Questions

Memphis rent, answered from tracked listings.

What is the average rent in Memphis?

Across the zips on this ladder, the typical asking rent is about $1,385 a month, from tracked listings. But the ladder above is the honest answer: the spread from the top of the market to the bottom is wide, and your zip matters more than the citywide number.

Where do these numbers come from?

A nightly trail of Memphis rental listings across the portals landlords actually use. Each listing counts once per month, and a zip publishes only when at least 8 listings back the month. Nothing here is a model output.

How fast do Memphis rentals lease?

The ladder shows the median days from first appearance to the day the listing comes down, per zip, over the last 12 months. A listing coming down usually means it leased, and the mechanism is stated on every number.

What should my specific house rent for?

Run the address. The read answers from the leases and listings closest to that house, with every lease it used shown, and the first read is free.

The other Memphis leagues

The rest of the record, ranked the same way.

Flip lenders
The lenders funding Memphis flips, by recorded volume.
Flippers
Who flips houses in Memphis, from the deed record.
Buyers
Who is buying Memphis houses, by name.
Wholesalers
Who wholesales Memphis houses, read from the deeds.
Landlords
Who owns the most Memphis houses, from the assessment roll.
Lenders
Who lends on Memphis real estate, by recorded volume.
Refi and takeout lenders
Who finances the purchase of renovated Memphis houses.
Airbnb revenue
What Memphis Airbnbs actually make, zip by zip.

The whole Memphis record on one page →