| 1 BED | $642+ |
| 2 BEDS | $915+ |
| 3 BEDS | $1,112+ |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
| 4 BEDS | Ask for Pricing |
| 1 BED | $888+ |
| 2 BEDS | $1,002+ |
| 3 BEDS | $1,450+ |
| 1 BED | $1,547+ |
| 2 BEDS | $1,615+ |
| 3 BEDS | $1,999+ |
| 1 BED | $1,399+ |
| 2 BEDS | $1,600+ |
| 3 BEDS | $1,879+ |
| 1 BED | $1,219+ |
| 2 BEDS | $1,359+ |
| 3 BEDS | $1,529+ |
| STUDIO | $1,134 |
| 1 BED | $1,278+ |
| 2 BEDS | $1,981+ |
| 1 BED | $1,307+ |
| 2 BEDS | $1,427+ |
| 3 BEDS | $1,786+ |
| 1 BED | $1,290+ |
| 2 BEDS | $1,345+ |
| 3 BEDS | $1,840+ |
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.
The price range for a luxury apartment in Raleigh, Memphis, TN is between $645 and $1,985.
There are 36 luxury rentals available on RentCafe. Prices and availability in Raleigh, Memphis, TN were last updated on 28 Feb 2026.
The average Raleigh, Memphis, TN luxury apartment size is 1,628 sq. ft.
Renting a luxury apartment in Raleigh, Memphis, TN comes with many amenities, more space and central locations.
Luxury apartments tend to be more expensive and have higher utility bills.
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.
Are you looking to rent a new luxury home in Raleigh, Memphis, TN, Raleigh, Memphis, TN? When it comes to real estate, with cities expanding in size constantly, the old adage holds true more than ever before: location, location, location. When you are browsing through high rise apartments, you want to be well connected to the city and everything it has to offer. It doesn’t matter if you are looking for luxury studio apartments or a community of luxury townhomes in the city, surroundings are just as important as the amenities of the apartment complex. The first thing you see as you step out of your apartment in the early AM sets your mood for the day, so why not choose a place where the area and surrounding buildings are eye pleasing? A nice bar 2 blocks away can be just what you need to blow off some steam at happy hour with your friends after a long day at the office. Choose from 141 units available in Raleigh, Memphis, TN in many desirable locations. You may even find some cheap luxury apartments in the area starting at $642 per month.
We may not be able to choose your neighborhood, but we can surely help with finding the best apartments in Raleigh, Memphis, TN. Maybe you are looking for modern, high-tech apartments, where almost everything can be done with just the touch of a, well… a touchscreen. Or you are in the market for an elegantly furnished apartment that will teleport you back to the elegance and style of the roaring twenties. In any case, we’re here for you. At RentCafe you have all the information you need to make an informed decision: floorplans, photos and amenities clearly listed by bullet points so you can easily compare apartments. We understand that you are looking for different things when searching for tiny studios, than when trying to find large apartments. This is why filters are your best friend. If the list of properties is simply overwhelming try adding some filters from the “More” section, start with the must-haves and then add some nice-to-haves. Rents in Raleigh, Memphis, TN are ranging between $642 and $3,666, with the average monthly rent being $1,767 per month. Happy browsing!
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