Metro data updated Jul 1, 2026

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.

12.74%
Gross Rental Yield
$1,295
Median Rent
$125,586
Avg Home Value
N/A
Transactions (30d)

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.

Gross yield
Metro
12.74%
State
8.38%
Median rent
Metro
$1,295
State
$1,575
Avg home value
Metro
$125,586
State
$227,200
30d transactions
Metro
N/A
State
N/A

Nearby metro yield comparison

Compare this metro with other Arkansas markets and jump directly into Rental Insights or a public metro report when a yield page is available.

Little Rock-North Little Rock-Conway, AR

N/A transactions last 30d

9.66%

Fayetteville-Springdale-Rogers, AR

N/A transactions last 30d

6.80%

Fort Smith, AR-OK

N/A transactions last 30d

8.90%

Hot Springs, AR

N/A transactions last 30d

10.07%

Pine Bluff, AR

N/A transactions last 30d

14.67%

Paragould, AR

N/A transactions last 30d

11.51%

Blytheville, AR

N/A transactions last 30d

23.06%

Malvern, AR

N/A transactions last 30d

13.87%

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.