The average price for a 1-bedroom in Memphis was $790, representing a 0.013 percent increase over the previous year.
According to RealPage, May of 2020 saw the first year over year decline in asking rents since 2010. While in September of 2020, the average home price on Realtor.com was over $350,000, up over 10 percent from the previous year according to Norada.
Single Bedroom Pricing
| City Name | Median Price | Monthly Change % | Annual Change % |
|---|---|---|---|
| Memphis | $790 | 1.3 | 8.2 |
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