Memphis, TN-MS-AR Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Memphis, TN-MS-AR
The median asking rent in Memphis, TN-MS-AR is $1,295 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $125,586, that rent level prices Memphis, TN-MS-AR at a 12.74% gross rental yield — compared with 8.38% across Arkansas.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Memphis, TN-MS-AR rent and rental yield comparison
The current Memphis, TN-MS-AR baseline is $1,295 median asking rent and 12.74% gross rental yield. Compare rent, yield, and home values with selected Arkansas metros, then open a public report or Rental Insights for property-level follow-up.
Little Rock-North Little Rock-Conway, AR
Little Rock-North Little Rock-Conway, AR median asking rent is $1,495, $200 (15.4%) higher than the $1,295 median asking rent in Memphis, TN-MS-AR.
- Median rent
- $1,495
- Gross yield
- 9.66%
- Avg home value
- $181,865
Fayetteville-Springdale-Rogers, AR
Fayetteville-Springdale-Rogers, AR median asking rent is $1,850, $555 (42.9%) higher than the $1,295 median asking rent in Memphis, TN-MS-AR.
- Median rent
- $1,850
- Gross yield
- 6.80%
- Avg home value
- $331,358
Fort Smith, AR-OK
Fort Smith, AR-OK median asking rent is $1,365, $70 (5.4%) higher than the $1,295 median asking rent in Memphis, TN-MS-AR.
- Median rent
- $1,365
- Gross yield
- 8.90%
- Avg home value
- $170,245
Hot Springs, AR
Hot Springs, AR median asking rent is $1,500, $205 (15.8%) higher than the $1,295 median asking rent in Memphis, TN-MS-AR.
- Median rent
- $1,500
- Gross yield
- 10.07%
- Avg home value
- $178,248
Pine Bluff, AR
Pine Bluff, AR median asking rent is $1,050, $245 (18.9%) lower than the $1,295 median asking rent in Memphis, TN-MS-AR.
- Median rent
- $1,050
- Gross yield
- 14.67%
- Avg home value
- $102,469
Paragould, AR
Paragould, AR median asking rent is $1,285, $10 (0.8%) lower than the $1,295 median asking rent in Memphis, TN-MS-AR.
- Median rent
- $1,285
- Gross yield
- 11.51%
- Avg home value
- $128,676
Blytheville, AR
Blytheville, AR median asking rent is $1,232, $63 (4.9%) lower than the $1,295 median asking rent in Memphis, TN-MS-AR.
- Median rent
- $1,232
- Gross yield
- 23.06%
- Avg home value
- $92,850
Malvern, AR
Malvern, AR median asking rent is $1,188, $107 (8.3%) lower than the $1,295 median asking rent in Memphis, TN-MS-AR.
- Median rent
- $1,188
- Gross yield
- 13.87%
- Avg home value
- $81,098
Memphis, TN-MS-AR rent and yield FAQ
Quick answers based on the latest Memphis, TN-MS-AR rental listing and transaction data.
What is the average rent in Memphis, TN-MS-AR?
As of July 2026, the median asking rent in Memphis, TN-MS-AR is $1,295. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Memphis, TN-MS-AR?
Memphis, TN-MS-AR currently prices at a 12.74% gross rental yield, versus 8.38% across Arkansas. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Memphis, TN-MS-AR market context to property-level screening
Open Rental Insights with Memphis, TN-MS-AR selected, then pair the yield signal with investor activity and rental data workflows.