# How Much Does Apartment Rent Cost in Memphis?
_Last updated: 2026-10-05T07:43:17Z_

> Crews serving Memphis quote apartment anywhere from $1,345 to $4,169 per month; the middle of the pack is about $2,368.

## Typical cost at a glance

| Level | Price |
| --- | --- |
| Low | ~$1,345 |
| Typical | ~$2,368 |
| High | ~$4,169 |

_Currency: USD, per month._

## Cost by type

| Type | Low | Typical | High |
| --- | --- | --- | --- |
| Baseline transaction cost | ~$1,345 | ~$2,757 | ~$4,169 |
| Below-median price scenario | ~$1,103 | ~$2,490 | ~$3,877 |
| Above-median price scenario | ~$1,506 | ~$3,630 | ~$5,753 |
| Lender and government fees | ~$161 | ~$644 | ~$1,126 |
| Competitive or fast-moving market | ~$1,641 | ~$3,989 | ~$6,337 |

## How to compare quotes for apartment

Line the apartment quotes up side by side and ask what changes the price after acceptance. That one question exposes most of the gap between the $1,345 low end and the $4,169 high end.

## What Apartment Rent typically costs

In Memphis, the going range for apartment runs from about $1,345 to $4,169 per month, centred near $2,368. Use the low end as your best case and the high end as your safety margin.

## Timing your apartment

Plan apartment around demand, not just around your own calendar. Whoever has capacity when you call has more reason to price competitively.

## What moves the price of apartment

apartment is priced job by job rather than off a fixed menu. That is why the same request can attract quotes near $1,345 and others near $4,169: the providers are pricing different assumptions about scope and risk.

## Frequently asked questions

### How much does apartment cost?

Most apartment falls between $1,345 and $4,169, with a typical figure near $2,368 per month. The low end is a straightforward job with no surprises; the high end covers complex scope, premium materials or urgent timing. In Memphis, that is worth confirming with a local provider before you commit.

### What affects the price of apartment?

No single factor decides it — scope, materials, access and timing all move the total, and the biggest swings usually come from access and scheduling. The answer can shift with the Memphis market, so check locally.

### Is Apartment Rent cheaper in smaller cities?

Often, but not always. Smaller markets can carry a travel or availability premium that offsets a lower local rate, so it is worth checking a nearby city before assuming the lowest published figure applies to you. It is worth testing that against a couple of quotes in Memphis.

### How many quotes should I get for apartment?

Two or three written quotes are enough to see the real market range. Compare the same scope side by side, and ask each provider what is excluded and what would change the price after the quote is accepted. Local providers in Memphis can confirm how that applies to your area.

## Keep comparing

- [Real Estate](/category/real-estate/)
- [Mobile Homes](/memphis/mobile-home/)
- [Commercial Real Estate](/memphis/commercial-real-estate/)
- [Rent to Own](/memphis/rent-to-own/)
- [Foreclosures](/memphis/foreclosures/)
- [Relocation Costs](/memphis/relocation-costs/)
- [ADUs](/memphis/accessory-dwelling/)
- [Chattanooga](/chattanooga/apartments/)
- [Clarksville](/clarksville/apartments/)
- [Knoxville](/knoxville/apartments/)
- [Memphis](/memphis/apartments/)
- [Murfreesboro](/murfreesboro/apartments/)
- [Nashville](/nashville/apartments/)

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These are planning ranges drawn from public price data and market research. They are not a quote, an offer or financial advice, and your actual price depends on the provider, the location and the scope of the work.