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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 26 completed listings $2,699/momedian asking rent 59listings that month 24median days to lease
02 38017asking median for Jul 2026; lease clock from 54 completed listings $2,495/momedian asking rent 102listings that month 13median days to lease
03 38002asking median for Jul 2026; lease clock from 54 completed listings $2,295/momedian asking rent 135listings that month 17median days to lease
04 38125asking median for Jul 2026; lease clock from 94 completed listings $1,940/momedian asking rent 198listings that month 22median days to lease
05 38016asking median for Jul 2026; lease clock from 127 completed listings $1,895/momedian asking rent 340listings that month 18median days to lease
06 38053asking median for Jul 2026; lease clock from 19 completed listings $1,874/momedian asking rent 28listings that month 37median days to lease
07 38018asking median for Jul 2026; lease clock from 152 completed listings $1,850/momedian asking rent 338listings that month 22median days to lease
08 38120asking median for Jul 2026; lease clock from 21 completed listings $1,774/momedian asking rent 38listings that month 15median days to lease
09 38135asking median for Jul 2026; lease clock from 68 completed listings $1,755/momedian asking rent 117listings that month 24median days to lease
10 38103asking median for Jul 2026; lease clock from 48 completed listings $1,740/momedian asking rent 126listings that month 28median days to lease
11 38133asking median for Jul 2026; lease clock from 45 completed listings $1,668/momedian asking rent 100listings that month 22median days to lease
12 38134asking median for Jul 2026; lease clock from 109 completed listings $1,595/momedian asking rent 186listings that month 25median days to lease
13 38119asking median for Jul 2026; lease clock from 61 completed listings $1,594/momedian asking rent 103listings that month 20median days to lease
14 38141asking median for Jul 2026; lease clock from 92 completed listings $1,550/momedian asking rent 153listings that month 28median days to lease
15 38117asking median for Jul 2026; lease clock from 68 completed listings $1,490/momedian asking rent 161listings that month 28median days to lease
16 38128asking median for Jul 2026; lease clock from 142 completed listings $1,320/momedian asking rent 278listings that month 27median days to lease
17 38107asking median for Jul 2026; lease clock from 82 completed listings $1,300/momedian asking rent 149listings that month 27median days to lease
18 38115asking median for Jul 2026; lease clock from 89 completed listings $1,275/momedian asking rent 161listings that month 28median days to lease
19 38118asking median for Jul 2026; lease clock from 170 completed listings $1,240/momedian asking rent 244listings that month 29median days to lease
20 38109asking median for Jul 2026; lease clock from 179 completed listings $1,135/momedian asking rent 310listings that month 29median days to lease
21 38116asking median for Jul 2026; lease clock from 168 completed listings $1,095/momedian asking rent 257listings that month 29median days to lease
22 38127asking median for Jul 2026; lease clock from 250 completed listings $1,095/momedian asking rent 485listings that month 29median days to lease
23 38111asking median for Jul 2026; lease clock from 257 completed listings $1,050/momedian asking rent 451listings that month 28median days to lease
24 38122asking median for Jul 2026; lease clock from 148 completed listings $1,027/momedian asking rent 248listings that month 30median days to lease
25 38104asking median for Jul 2026; lease clock from 208 completed listings $995/momedian asking rent 370listings that month 29median days to lease
26 38126asking median for Jul 2026 $975/momedian asking rent 22listings that month –median days to lease
27 38106asking median for Jul 2026; lease clock from 119 completed listings $950/momedian asking rent 180listings that month 27median days to lease
28 38112asking median for Jul 2026; lease clock from 86 completed listings $950/momedian asking rent 154listings that month 28median days to lease
29 38114asking median for Jul 2026; lease clock from 131 completed listings $950/momedian asking rent 199listings that month 29median days to lease
30 38105asking median for Jul 2026; lease clock from 27 completed listings $895/momedian asking rent 46listings that month 27median days to lease
31 38108asking median for Jul 2026; lease clock from 63 completed listings $895/momedian asking rent 119listings that month 28median 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

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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 $1,320 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 →