Memphis, TN
Memphis metro area · 1 1 ZIP codes
Data based on listings and public records observed by Rufus. May not represent the entire market.
Memphis, TN covers 24 tracked apartment buildings totaling 4,522 units in Memphis, TN, with an average asking rent of $1,701 — close to the national median for this city. Asking rents span $915 to $5,233 across the available inventory. Occupancy of 92.3% is in line with a healthy stabilized market.
The for-sale market in this city shows a median asking price of $349,500 ($232 per square foot). For-sale listings sit on the market for an average of 110 days. As of the most recent snapshot Rufus is tracking 177 active listings. HMDA mortgage data for the county covering Memphis shows an average loan amount of $286,759 at an average interest rate of 6.79%. 8,088 loans were originated in the most recent reporting year, a denial rate close to the national average.
Rufus refreshes this city snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.
Building Vintage
Top ZIP Codes
| ZIP Code | Buildings | Avg Rent |
|---|---|---|
| 38103 | 24 | $1,728 |