MEMPHIS, Tenn. — Memphis’s apartment monthly rental price averaged $1,134 in December, according to RentCafe.
According to RentCafe, an apartment search website, the average monthly rental price in Memphis is well below the national average of $1,737.
RentCafe said that 45% of apartments rent for $1,000 or less, while another 40% fall between $1,001–$1,500, leaving only a small share of higher-priced units…