Average Rent in Memphis, FL
Apartments & Houses by Size

Rentometer, Inc. | Data as of 10/22/2025

Memphis, Florida offers a vibrant mix of coastal charm and urban convenience, making it a sought‑after destination for renters seeking both relaxation and activity. Nestled along the Gulf, the city enjoys year‑round sunshine, easy access to pristine beaches, and a lively downtown scene complete with waterfront dining, boutique shops, and cultural festivals. Popular neighborhoods such as Harbor View and Riverbend blend historic homes with modern developments, while nearby parks and marinas provide ample opportunities for boating, fishing, and outdoor recreation. The city’s close proximity to major highways and public transit hubs also ensures a smooth commute to surrounding employment centers and educational institutions.

The rental market in Memphis, FL reflects the area’s balanced lifestyle, with a strong preference for spacious single‑family homes. Three‑bedroom houses dominate the market, offering families and professionals generous living space and private yards. Current data shows the average rent for a three‑bedroom house sits near the $2,300 mark, with the median hovering around $2,200, placing it solidly within the mid‑$2000s range. Many of these homes are located in well‑established communities like Oakwood Estates and Sunrise Meadows, where residents enjoy tree‑lined streets, community pools, and convenient access to schools and shopping centers. Whether you’re looking for a quiet suburban retreat or a home close to the bustling waterfront, Memphis, Florida provides a diverse array of rental options that cater to a wide spectrum of preferences and budgets.

Partial Data Available: We have sufficient data for 3 Bedroom listings. Other bedroom types need more data for reliable statistics.

Memphis Rent by Property Type & Bedroom Count

Property Type Bedrooms Average Median Min - Max 25th - 75th
House 3 Bedroom $2,292 $2,190 $1,795 - $4,500 $2,030 - $2,290

In the current period, the average rent in Memphis was $2,293 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.

Memphis

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Data provided by Rentometer, Inc.