| STUDIO | Ask for Pricing |
| 1 BED | $800 |
| 2 BEDS | $1,200 |
Rental prices in Parkway Village, Memphis, TN have increased by 1.25% over the past year. The average rent moved from $880 to $891.
Check out the average rent in Memphis.
The national average price of rental apartments is $1,741, while the average monthly rent in Parkway Village, Memphis, TN is $891.
The average monthly rent for an apartment in Parkway Village, Memphis, TN is around $891.
A share of 89% of apartments in Parkway Village, Memphis, TN have the cheapest rents between ≤ $1000. Around 11% of Parkway Village's apartments have monthly rents between $1,001-$1,500.
The largest share of rentals in Parkway Village, Memphis, TN (89%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in Parkway Village, Memphis, TN were last updated on 27 Feb 2026.
The best apartments in Parkway Village, Memphis, TN are: 5055 Knight Arnold Rd, Cedar Mill Apartments & Townhomes, 3009 CARVEL ST, 4877 BRENTDALE AVE and 4559 COTTONWOOD RD.
The average rent in Parkway Village, Memphis, TN is $874.
The price range for a studio apartment in Parkway Village, Memphis, TN is between $975 and $1,500.
The price range for a 1-bedroom apartment in Parkway Village, Memphis, TN is between $975 and $1,500.
The price range for a 2-bedroom apartment in Parkway Village, Memphis, TN is between $975 and $1,300.
The price range for a 3-bedroom apartment in Parkway Village, Memphis, TN is between $975 and $1,500.
In Parkway Village 55% of the housing is rented out compared to 45% of homes are owned, according to the most recent Census Bureau estimates. 4% of Parkway Village's apartments are found in large buildings of 50 units or more, 44% are located in smaller apartment complexes with less than 50 units, and 52% are single-family rentals.
In total, Parkway Village, Memphis, TN has 29,751 residents, 15,951 women and 13,800 men, per U.S. Census recent estimates. Statistics show that the median age of Parkway Village’s population is 30.
There is a total of 10,067 households in Parkway Village, Memphis, TN. Of these, 3,977 have children and 6,091 are without children. Per Census Bureau’s most current estimates, 6,880 family households and 3,188 non-family households live in this area. The size of a household in Parkway Village is 1.96 people, on average. The median household annual income in Parkway Village equals $53,257, and the monthly housing costs equal $1,144.
According to data from the U.S. Census Bureau, 7% of the population in Parkway Village, Memphis, TN have no high school education, 49% went to high-school, and 25% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 8% hold a Bachelor Degree, and 4% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in Parkway Village, Memphis, TN. Easily search through a wide selection of apartments for rent in Parkway Village, Memphis, TN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you're interested in. Browse Parkway Village, Memphis, TN apartments with rents starting from $800 and submit your rental application today!
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