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3 Bedroom East Central Shelby houses for rent - Memphis, TN

3 Beds

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Average Rent in Memphis, TN

Avg. RentAnnual Change
Memphis Studio - $1,213-7%
Memphis 1 Bed - $9900%
Memphis 2 Beds - $1,082-2%
Last updated 6/14/2024

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Local Guide

See what Memphis, TN has to offer.

Demographics

Education

High School

26%

Associate's

28%

Bachelor's

30%

Master's

15%

Doctorate

1%

Family Size

2 people

45%

3 people

22%

4 people

19%

5 people

9%

6+ people

5%

Household Income

0-50k

23%

50-100k

40%

100-150k

21%

150-200k

8%

200k+

9%

Age

0-10

13%

10-20

14%

20-45

39%

45-65

26%

65+

8%

Affordability

Last updated 6/14/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in East Central Shelby, Memphis, TN

In Memphis, TN, as of 2024, the average rent for apartments ranges from $990 to $1,213. Specifically, the average rent for a studio apartment in East Central Shelby, Memphis, TN is $1,213. For those seeking a 1-bedroom apartments, the average rent is $990. And for a 2-bedroom apartment, renters can expect to pay an average of $1,082.

Annual Rent Change Over the Past 12 Months

Studio

-7%

Changed from $1,304 to $1,213
1 Bed

0%

Changed from $990 to $990
2 Beds

-2%

Changed from $1,104 to $1,082
Last updated 6/14/2024

Cost of Living

Compared to State Average

0.3%

Compared to National Average

10.9%

The cost of living in East Central Shelby, Memphis, TN is 0.3% lower than the state average and 10.9% lower than the national average. East Central Shelby, Memphis, TN housing is 17.3% less expensive than the U.S average, while utilities are about 12.6% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 0.2% less in East Central Shelby, Memphis, TN than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 13.6% less here compared to the U.S. average.
Cost of Living in East Central Shelby, Memphis, TNCompared to State AverageCompared to National Average
Housing
1%
17.3%
Utilities
2.6%
12.6%
Food
1.1%
0.2%
Transportation
0.6%
11%
Healthcare
1.4%
13.6%

Compare Other Cities

City1 Bed Avg RentAnnual Change
Germantown$1,554+4%
Collierville$1,484-1%
Lakeland$1,450+8%
Cordova$1,388+21%
Horn Lake$1,386+4%
Southaven$1,321+1%
Olive Branch$1,210-27%
Atoka$1,130+4%
Walls$1,0700%
Marion$1,062+6%
Memphis$9900%
Millington$675-13%
Bolivar$575+24%
City2 Beds Avg RentAnnual Change
Olive Branch$1,900-3%
Germantown$1,884+13%
Cordova$1,725+22%
Collierville$1,719+1%
Lakeland$1,701-13%
Arlington$1,5690%
Horn Lake$1,532+3%
Southaven$1,436-1%
Atoka$1,225+5%
Munford$1,210--
Marion$1,180+4%
Walls$1,175-2%
Millington$1,087+40%
Memphis$1,082-2%
Bolivar$635+19%
Brownsville$5120%

Compare Neighborhoods

North Parkway Village

$550

1 Bed Avg. Rent

Autumn Ridge

$717

1 Bed Avg. Rent

Southeast Memphis

$728

1 Bed Avg. Rent

What are the most affordable neighborhoods in Memphis, TN?

For renters in Memphis seeking more affordable options, the neighborhoods to watch are North Parkway Village, Autumn Ridge, and Southeast Memphis, where average rents for 1-bedroom apartments stand at $550, $717, and $728 respectively. Additional areas offering value are Colonial Willow and Raleigh, where the rents are $745 and $760, a favorable comparison to Memphis's overall 1-bedroom average of $990.

What are the most expensive neighborhoods in Memphis, TN?

In Memphis, the neighborhoods commanding the highest rents are Mud Island, East Central Shelby, and Gray's Creek. A 1-bedroom apartment in Mud Island averages at $2,225, in East Central Shelby it averages $1,654, and in Gray's Creek, the average is $1,654. For additional high-end living options, Southwind offers 1-bedroom apartments at $1,624, and Countrywood at $1,545. These rates compare to the overall average rent of $990 for a 1-bedroom apartment in Memphis, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Memphis, TN?

In Memphis, the most sought-after neighborhoods for renters include High Point Terrace, Binghampton, and Normal Station. In High Point Terrace, the average rent for a 1-bedroom apartment is $1,250. Binghampton sees average rents of $839 for a 1-bedroom unit. Normal Station offers similar appeal with 1-bedroom apartments averaging $800. For those seeking other popular areas, UDistrict presents 1-bedroom apartments at $839, and Evergreen Historic District at $900. These prices are set against the backdrop of the city-wide average of $990 for a 1-bedroom apartment in Memphis, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
East Memphis$1,859-9%
Southwind$1,554-2%
Downtown$1,260-2%
Central Gardens$1,0500%
Midtown$975-8%
Voillintine - Evergreen$975--
Parkway Village$825-50%
Hickory Hill$825-50%
Evergreen Historic District$800--
Uptown$7600%
Neighborhood1 Bed Avg RentAnnual Change
East Central Shelby$1,654-2%
Gray's Creek$1,654-2%
Southwind$1,624-2%
Countrywood$1,545+30%
Richwood$1,3090%
High Point Terrace$1,250--
Midtown$1,224-4%
Downtown$1,203-5%
Frayser$1,125+42%
Rangeline$1,125+42%
Voillintine - Evergreen$1,075--
Central Gardens$985-18%
Uptown$975+13%
Evergreen Historic District$900+1%
Hickory Hill$897+3%
Parkway Village$890+4%
North Memphis$875--
UDistrict$839-9%
Binghampton$839--
East Memphis$835-23%
Fox Meadows$830+19%
Whitehaven$819+20%
Normal Station$800-16%
Raleigh$760+3%
Colonial Willow$745+19%
Southeast Memphis$728-1%
Autumn Ridge$7170%
North Parkway Village$550-15%
Neighborhood2 Beds Avg RentAnnual Change
Southwind$1,8220%
East Central Shelby$1,741-10%
Gray's Creek$1,741-10%
Walnut Grove$1,700--
Countrywood$1,635+21%
Richwood$1,5190%
Central Gardens$1,500-2%
Midtown$1,350-8%
Voillintine - Evergreen$1,350--
Downtown$1,2600%
Bridgewater$1,250--
Uptown$1,195+5%
High Point Terrace$1,175+2%
Annesdale Park$1,095-22%
Hickory Hill$1,047+1%
Parkway Village$1,010+7%
UDistrict$1,0020%
Binghampton$1,002--
Fox Meadows$999+12%
Whitehaven$979+16%
Normal Station$975+23%
Frayser$960+21%
Rangeline$960+21%
Southeast Memphis$952+16%
Raleigh$950+15%
Northeast Memphis$895--
Evergreen Historic District$895-55%
Autumn Ridge$8720%
East Memphis$845-11%
Colonial Willow$845+17%
Berclair$825--
South Memphis$745+62%
North Parkway Village$665-11%
North Memphis$6250%

Transportation

Commute Time

0-15 Mins

4%

15-30 Mins

43%

30-40 Mins

33%

40-60 Mins

14%

60+ Mins

8%

Area Amenities

Top Score

Grocery Stores

2.5/5 stars based on undefined reviews

Not bad on the supermarket score. East Central Shelby Memphis gets an average rating.

  1. Few grocery stores per resident
  2. 83% more grocery stores than average
  3. 47% more grocery stores than areas of a similar size

Retail Shops

2.5/5 stars based on undefined reviews

The shopping scene here is a size medium.

  1. Few shops per resident
  2. 85% more shops than average
  3. 40% more shops than areas of a similar size

Gas Stations

2.5/5 stars based on undefined reviews

The road is less traveled for filling the tank up in East Central Shelby Memphis.

  1. Few gas stations per resident
  2. 80% more gas stations than average
  3. 58% more gas stations than areas of a similar size

Restaurants

2/5 stars based on undefined reviews

East Central Shelby Memphis serves up a dining scene that's only lukewarm.

  1. Few restaurants per resident
  2. 23% more restaurants than average
  3. 14% fewer restaurants than areas of a similar size

Coffee

2/5 stars based on undefined reviews

The coffee scene is lukewarm in East Central Shelby Memphis.

  1. Few coffee shops per resident
  2. An average number of coffee shops
  3. A standard number of coffee shops compared to areas of a similar size

Nightlife

2/5 stars based on undefined reviews

You'll need to stock up the mini-bar. East Central Shelby Memphis is running dry.

  1. Few bars and clubs per resident
  2. An average number of bars and clubs
  3. A standard number of bars and clubs compared to areas of a similar size

Parks

2/5 stars based on undefined reviews

Not too many park perks in East Central Shelby Memphis.

  1. Few parks per resident
  2. An average number of parks
  3. A standard number of parks compared to areas of a similar size

Childcare

2/5 stars based on undefined reviews

East Central Shelby Memphis is low on childcare options so get on the waiting list early.

  1. Few daycares per resident
  2. An average number of daycares
  3. A standard number of daycares compared to areas of a similar size

Health and Fitness

2/5 stars based on undefined reviews

You'll have to workout somewhere else to keep fit.

  1. Few gyms per resident
  2. An average number of gyms
  3. A standard number of gyms compared to areas of a similar size

Pet Services

2/5 stars based on undefined reviews

East Central Shelby Memphis could do with more oppawtunities for pets.

  1. Few pet facilities per resident
  2. An average number of pet facilities
  3. Far fewer pet facilities than areas of a similar size

Theaters

2/5 stars based on undefined reviews

Hiding in the dressing room? East Central Shelby Memphis has a quiet theater scene.

  1. Few theaters per resident
  2. An average number of theaters
  3. A standard number of theaters compared to areas of a similar size

Fine Arts

2/5 stars based on undefined reviews

You gotta Van Gogh somewhere else for art.

  1. Few fine art centers per resident
  2. An average number of fine art centers
  3. A standard number of fine art centers compared to areas of a similar size

Amusement Parks

2/5 stars based on undefined reviews

In need of a lift: East Central Shelby Memphis is light on amusement parks.

  1. Few amusement parks per resident
  2. An average number of amusement parks
  3. A standard number of amusement parks compared to areas of a similar size

Hospitals

2/5 stars based on undefined reviews

Be patient when looking for a hospital around here.

  1. Few hospitals per resident
  2. An average number of hospitals
  3. A standard number of hospitals compared to areas of a similar size

Medical Care

2/5 stars based on undefined reviews

We have a bone to pick with this East Central Shelby Memphis's access to medical care.

  1. Few medical facilities per resident
  2. 26% fewer medical facilities than average
  3. 73% fewer medical facilities than areas of a similar size

Schools

Top Schools in East Central Shelby Memphis

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Houses in Nearby Cities

City1 Bed Price2 Beds Price
Cordova, TN 5.3 miles$1,388$1,725
Memphis, TN 20.7 miles$990$1,082
Olive Branch, MS 15.4 miles$1,210$1,900
Collierville, TN 7.6 miles$1,484$1,719
Bartlett, TN 11.4 miles------
Southaven, MS 21.7 miles$1,321$1,436
Germantown, TN 8.4 miles$1,554$1,884
Millington, TN 17.9 miles$675$1,087
Lakeland, TN 6.4 miles$1,450$1,701
Arlington, TN 10.1 miles---$1,569

Find Houses in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
East Central Shelby$1,654$1,741
Gray's Creek 1.1 miles$1,654$1,741