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 Jul 2026; lease clock from 21 completed listings $2,550/momedian asking rent 45listings that month 12median days to lease
02 38017asking median for Jul 2026; lease clock from 38 completed listings $2,495/momedian asking rent 86listings that month 12median days to lease
03 38002asking median for Jul 2026; lease clock from 42 completed listings $2,312/momedian asking rent 114listings that month 16median days to lease
04 38125asking median for Jul 2026; lease clock from 77 completed listings $1,924/momedian asking rent 165listings that month 22median days to lease
05 38016asking median for Jul 2026; lease clock from 93 completed listings $1,895/momedian asking rent 298listings that month 16median days to lease
06 38018asking median for Jul 2026; lease clock from 113 completed listings $1,850/momedian asking rent 281listings that month 17median days to lease
07 38053asking median for Jul 2026; lease clock from 19 completed listings $1,814/momedian asking rent 25listings that month 37median days to lease
08 38135asking median for Jul 2026; lease clock from 43 completed listings $1,783/momedian asking rent 100listings that month 22median days to lease
09 38103asking median for Jul 2026; lease clock from 39 completed listings $1,740/momedian asking rent 108listings that month 31median days to lease
10 38120asking median for Jul 2026; lease clock from 15 completed listings $1,685/momedian asking rent 29listings that month 15median days to lease
11 38133asking median for Jul 2026; lease clock from 37 completed listings $1,660/momedian asking rent 89listings that month 20median days to lease
12 38119asking median for Jul 2026; lease clock from 41 completed listings $1,602/momedian asking rent 72listings that month 23median days to lease
13 38134asking median for Jul 2026; lease clock from 87 completed listings $1,595/momedian asking rent 155listings that month 24median days to lease
14 38141asking median for Jul 2026; lease clock from 71 completed listings $1,558/momedian asking rent 120listings that month 22median days to lease
15 38117asking median for Jul 2026; lease clock from 58 completed listings $1,490/momedian asking rent 137listings that month 27median days to lease
16 38107asking median for Jul 2026; lease clock from 66 completed listings $1,350/momedian asking rent 119listings that month 24median days to lease
17 38128asking median for Jul 2026; lease clock from 114 completed listings $1,300/momedian asking rent 206listings that month 24median days to lease
18 38115asking median for Jul 2026; lease clock from 75 completed listings $1,282/momedian asking rent 136listings that month 28median days to lease
19 38118asking median for Jul 2026; lease clock from 143 completed listings $1,205/momedian asking rent 202listings that month 29median days to lease
20 38109asking median for Jul 2026; lease clock from 151 completed listings $1,135/momedian asking rent 250listings that month 27median days to lease
21 38116asking median for Jul 2026; lease clock from 151 completed listings $1,095/momedian asking rent 223listings that month 29median days to lease
22 38127asking median for Jul 2026; lease clock from 195 completed listings $1,095/momedian asking rent 377listings that month 27median days to lease
23 38111asking median for Jul 2026; lease clock from 207 completed listings $1,050/momedian asking rent 364listings that month 27median days to lease
24 38122asking median for Jul 2026; lease clock from 122 completed listings $1,025/momedian asking rent 197listings that month 29median days to lease
25 38104asking median for Jul 2026; lease clock from 170 completed listings $995/momedian asking rent 273listings that month 27median days to lease
26 38126asking median for Jul 2026 $955/momedian asking rent 16listings that month median days to lease
27 38106asking median for Jul 2026; lease clock from 100 completed listings $950/momedian asking rent 141listings that month 27median days to lease
28 38108asking median for Jul 2026; lease clock from 47 completed listings $950/momedian asking rent 96listings that month 27median days to lease
29 38112asking median for Jul 2026; lease clock from 63 completed listings $950/momedian asking rent 128listings that month 27median days to lease
30 38114asking median for Jul 2026; lease clock from 103 completed listings $900/momedian asking rent 144listings that month 27median days to lease
31 38105asking median for Jul 2026; lease clock from 25 completed listings $899/momedian asking rent 39listings that month 27median 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 $1,350 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.

The whole Memphis record on one page →