Cooper - Young, Memphis, TN Rental Market Trends
Last updated: April 16, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Most affordable neighborhoods in Cooper - Young?
University Area $722/month
Orange Mound $760/month
Chickasaw Oaks $766/month
All of these neighborhoods fall below the city wide average of /month.Most expensive neighborhoods in Cooper - Young?
Binghampton $1,513/month
Mud Island $1,538/month
Normal Station $1,659/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Memphis, TN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Normal Station | $1,659 |
| Mud Island | $1,538 |
| Binghampton | $1,513 |
| South Riverdale | $1,489 |
| Chickasaw Gardens | $1,473 |
| Central Gardens | $1,464 |
| Windyke - Southwind | $1,422 |
| Med District | $1,416 |
| Downtown Memphis | $1,410 |
| Brennan | $1,407 |
| River Oaks | $1,383 |
| Uptown Memphis | $1,377 |
| Cordova | $1,309 |
| Riverside | $1,246 |
| Lenox | $1,222 |
| Bal - Moral | $1,179 |
| Midtown Memphis | $1,149 |
| New Chicago | $1,116 |
| Galloway | $1,060 |
| Shelby Farms Park | $1,056 |
| Hickory Hill | $1,024 |
| Colonial | $994 |
| Fox Meadows | $947 |
| Oakville | $945 |
| Meadow Brook | $942 |
| O'brien | $942 |
| Sherwood Forest | $924 |
| Southside Memphis | $920 |
| Parkway Village | $899 |
| Raleigh | $898 |
| Berclair | $868 |
| Bethel Grove | $847 |
| Whitehaven | $832 |
| Oakhaven | $801 |
| Alcy - Dunn | $790 |
| Frayser | $771 |
| Chickasaw Oaks | $766 |
| Orange Mound | $760 |
| University Area | $722 |
Memphis | Rent Comparison by Neighborhood
Rent in Alcy - Dunn is 33% lower than in Bal - Moral
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Cooper - Young apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.