| 1 BED | $900 |
| 2 BEDS | $1,025+ |
| 3 BEDS | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
| 4 BEDS | Ask for Pricing |
| 1 BED | $642+ |
| 2 BEDS | $915+ |
| 3 BEDS | $1,112+ |
Rental prices in Raleigh, Memphis, TN have increased by 2.1% over the past year. The average rent moved from $895 to $914.
Check out the average rent in Memphis.
The national average price of rental apartments is $1,741, while the average monthly rent in Raleigh, Memphis, TN is $914.
The average monthly rent for an apartment in Raleigh, Memphis, TN is around $914.
A share of 85% of apartments in Raleigh, Memphis, TN have the cheapest rents between ≤ $1000. Around 14% of Raleigh's apartments have monthly rents between $1,001-$1,500. There are 1% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Raleigh, Memphis, TN (85%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in Raleigh, Memphis, TN were last updated on 24 Feb 2026.
The best apartments in Raleigh, Memphis, TN are: The Meridian Apartments, 3613 Russelwood Dr, Sunridge Apartments, 3530 Naylor Dr and 4260 Beechcliff Ln.
The average rent in Raleigh, Memphis, TN is $917.
The price range for a 1-bedroom apartment in Raleigh, Memphis, TN is between $645 and $1,047.
The price range for a 2-bedroom apartment in Raleigh, Memphis, TN is between $825 and $1,456.
The price range for a 3-bedroom apartment in Raleigh, Memphis, TN is between $900 and $1,815.
In Raleigh 56% of the housing is rented out compared to 44% of homes are owned, according to the most recent Census Bureau estimates. 3% of Raleigh's apartments are found in large buildings of 50 units or more, 51% are located in smaller apartment complexes with less than 50 units, and 44% are single-family rentals.
In total, Raleigh, Memphis, TN has 35,507 residents, 18,711 women and 16,796 men, per U.S. Census recent estimates. Statistics show that the median age of Raleigh’s population is 31.
There is a total of 12,856 households in Raleigh, Memphis, TN. Of these, 4,662 have children and 8,194 are without children. Per Census Bureau’s most current estimates, 8,017 family households and 4,839 non-family households live in this area. The size of a household in Raleigh is 1.93 people, on average. The median household annual income in Raleigh equals $45,456, and the monthly housing costs equal $1,106.
According to data from the U.S. Census Bureau, 5% of the population in Raleigh, Memphis, TN have no high school education, 48% went to high-school, and 24% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 10% hold a Bachelor Degree, and 5% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in Raleigh, Memphis, TN. Easily search through a wide selection of apartments for rent in Raleigh, 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 Raleigh, Memphis, TN apartments with rents starting from $642 and submit your rental application today!
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