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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 a survival estimate (Kaplan-Meier) over the last 12 months: it uses every tracked listing, counting the ones still on the market as not-yet-leased rather than dropping them, which is what keeps the number from reading fast. Shown where 8 or more listings were tracked. "Leased" means the listing came down, which is a proxy. Tracked listings only, not an estimate model.

#Zipmedian asking rentlistings that monthmedian days to lease
01 38139asking median for Sep 2026; lease clock from 12 tracked listings, still-listed homes included $2,738/momedian asking rent 10listings that month 48median days to lease
02 38002asking median for Nov 2026; lease clock from 749 tracked listings, still-listed homes included $2,215/momedian asking rent 35listings that month 76median days to lease
03 38004asking median for Sep 2026; lease clock from 13 tracked listings, still-listed homes included $2,195/momedian asking rent 8listings that month 28median days to lease
04 38017asking median for Nov 2026; lease clock from 375 tracked listings, still-listed homes included $2,164/momedian asking rent 10listings that month 65median days to lease
05 38016asking median for Nov 2026; lease clock from 1,746 tracked listings, still-listed homes included $1,960/momedian asking rent 78listings that month 74median days to lease
06 38125asking median for Nov 2026; lease clock from 855 tracked listings, still-listed homes included $1,875/momedian asking rent 45listings that month 54median days to lease
07 38133asking median for Nov 2026; lease clock from 1,277 tracked listings, still-listed homes included $1,850/momedian asking rent 24listings that month 36median days to lease
08 38018asking median for Nov 2026; lease clock from 1,684 tracked listings, still-listed homes included $1,840/momedian asking rent 95listings that month 67median days to lease
09 38103asking median for Nov 2026; lease clock from 575 tracked listings, still-listed homes included $1,838/momedian asking rent 10listings that month 74median days to lease
10 38135asking median for Nov 2026; lease clock from 552 tracked listings, still-listed homes included $1,835/momedian asking rent 25listings that month 56median days to lease
11 38138asking median for Oct 2026; lease clock from 205 tracked listings, still-listed homes included $1,799/momedian asking rent 93listings that month 43median days to lease
12 38141asking median for Nov 2026; lease clock from 553 tracked listings, still-listed homes included $1,765/momedian asking rent 28listings that month 45median days to lease
13 38053asking median for Oct 2026; lease clock from 185 tracked listings, still-listed homes included $1,668/momedian asking rent 136listings that month 45median days to lease
14 38112asking median for Nov 2026; lease clock from 540 tracked listings, still-listed homes included $1,650/momedian asking rent 16listings that month 71median days to lease
15 38120asking median for Oct 2026; lease clock from 116 tracked listings, still-listed homes included $1,640/momedian asking rent 47listings that month 67median days to lease
16 38119asking median for Oct 2026; lease clock from 315 tracked listings, still-listed homes included $1,595/momedian asking rent 107listings that month 60median days to lease
17 38104asking median for Nov 2026; lease clock from 1,161 tracked listings, still-listed homes included $1,540/momedian asking rent 24listings that month 65median days to lease
18 38134asking median for Nov 2026; lease clock from 1,807 tracked listings, still-listed homes included $1,535/momedian asking rent 18listings that month 29median days to lease
19 38117asking median for Nov 2026; lease clock from 426 tracked listings, still-listed homes included $1,450/momedian asking rent 11listings that month 48median days to lease
20 38128asking median for Nov 2026; lease clock from 739 tracked listings, still-listed homes included $1,390/momedian asking rent 32listings that month 49median days to lease
21 38107asking median for Oct 2026; lease clock from 527 tracked listings, still-listed homes included $1,162/momedian asking rent 216listings that month 75median days to lease
22 38127asking median for Nov 2026; lease clock from 1,117 tracked listings, still-listed homes included $1,150/momedian asking rent 15listings that month 55median days to lease
23 38106asking median for Oct 2026; lease clock from 499 tracked listings, still-listed homes included $1,100/momedian asking rent 157listings that month 59median days to lease
24 38122asking median for Nov 2026; lease clock from 630 tracked listings, still-listed homes included $1,100/momedian asking rent 17listings that month 50median days to lease
25 38109asking median for Nov 2026; lease clock from 857 tracked listings, still-listed homes included $1,095/momedian asking rent 8listings that month 47median days to lease
26 38115asking median for Nov 2026; lease clock from 527 tracked listings, still-listed homes included $1,005/momedian asking rent 16listings that month 50median days to lease
27 38114asking median for Oct 2026; lease clock from 612 tracked listings, still-listed homes included $990/momedian asking rent 212listings that month 61median days to lease
28 38111asking median for Nov 2026; lease clock from 1,694 tracked listings, still-listed homes included $975/momedian asking rent 35listings that month 46median days to lease
29 38108asking median for Nov 2026; lease clock from 389 tracked listings, still-listed homes included $948/momedian asking rent 8listings that month 72median days to lease
30 38105asking median for Oct 2026; lease clock from 157 tracked listings, still-listed homes included $897/momedian asking rent 38listings that month 87median days to lease
31 38116asking median for Nov 2026; lease clock from 742 tracked listings, still-listed homes included $810/momedian asking rent 15listings that month 45median days to lease
32 38118asking median for Nov 2026; lease clock from 1,410 tracked listings, still-listed homes included $799/momedian asking rent 32listings that month 46median days to lease
33 38126asking median for Oct 2026 $722/momedian asking rent 28listings that month –median 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 $1,540 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 →