Rental prices in Raleigh, Memphis, TN have decreased by 1.22% over the past year. The average rent moved from $901 to $890.
Check out the average rent in Memphis.
The national average price of rental apartments is $1,750, while the average monthly rent in Raleigh, Memphis, TN is $890.
The average monthly rent for an apartment in Raleigh, Memphis, TN is around $890.
A share of 86% of apartments in Raleigh, Memphis, TN have the cheapest rents between ≤ $1000. Around 13% of Raleigh's apartments have monthly rents between $1,001-$1,500.
The largest share of rentals in Raleigh, Memphis, TN (86%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
The price range of a house for rent is between $1,025 and $1,985.
There are 25 house rentals available on RentCafe. Prices and availability in Raleigh, Memphis, TN were last updated on 12 Apr 2026.
The average Raleigh, Memphis, TN rental house size is 1,651 sq. ft.
Renting a house in Raleigh, Memphis, TN comes with more space, both indoor and outdoor.
Houses for rent in Raleigh, Memphis, TN are usually located in non-central areas.
In total, Raleigh, Memphis, TN has 34,787 residents, 18,123 women and 16,663 men, per U.S. Census recent estimates. Statistics show that the median age of Raleigh’s population is 31.5.
There is a total of 12,762 households in Raleigh, Memphis, TN. Of these, 4,809 have children and 7,953 are without children. Per Census Bureau’s most current estimates, 8,201 family households and 4,561 non-family households live in this area. The size of a household in Raleigh is 2.57 people, on average. The median household annual income in Raleigh equals $48,710, and the monthly housing costs equal $1,126.
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 25% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 10% hold a Bachelor Degree, and 5% hold a Graduate Degree.
Chances are that you are here right now because you cannot wait to have your own garage for your metallic grey Daisy, your own inviting backyard, or your own flower garden. The good news is that there are 25 homes for rent in Raleigh, Memphis, TN right now for you to choose from. With rent prices as low as $1,025 up to $1,985, loads of rental homes are waiting for the right tenant. Just in case you’re searching for cheap houses for rent, some of the best affordable homes are now at your fingertips. Depending on your location preference, you can opt either for serene areas, further away from the city, or for the liveliest area in town. It is up to you to decide which one of the houses listed in Raleigh, Memphis, TN meets your standards: duplexes, townhomes, 1 bedroom or 2 bedroom homes or some larger rentals.
As important as a good education is for your children, we know that you’d rather not drive your kids to school for one hour every morning. It is hard for any child to wake up early in the morning, and most probably your school-aged children are no exception. That is why we want to help you find a home near one of the best-rated schools in Raleigh, Memphis, TN. 3 bedroom and 4 bedroom houses are waiting for you, with a total number of 25 single family homes for rent right now. Since there is a very high demand for homes in such areas, make sure that once you find a house that qualifies to become your future home, apply while it’s still available.
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