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Zip codes with the most expensive rent in Memphis
In response to the coronavirus pandemic, the Census Bureau in April 2020 launched a providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a "" on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.
compiled a list of zip codes with the most expensive rent in Memphis using data from . Cities are ranked by the Zillow Observed Rent Index as of January 2021. Listings and images are from . Keep reading to see whether your zip code made the list.
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#20. 38127 (Memphis)
- Typical rent: $801
--- 44.0% less than typical rent in metro
- 1 year rent change: +11.3%
--- #7 fastest growing rent among zip codes in metro
- 10 year rent change: +25.0%
- Pictured (for rent): ($1,015, 3 bedrooms)
--- 44.0% less than typical rent in metro
- 1 year rent change: +11.3%
--- #7 fastest growing rent among zip codes in metro
- 10 year rent change: +25.0%
- Pictured (for rent): ($1,015, 3 bedrooms)
#19. 38109 (Memphis)
- Typical rent: $829
--- 42.0% less than typical rent in metro
- 1 year rent change: +9.2%
--- #14 fastest growing rent among zip codes in metro
- 10 year rent change: +18.9%
- Pictured (for rent): ($1,400, 2 bedrooms)
--- 42.0% less than typical rent in metro
- 1 year rent change: +9.2%
--- #14 fastest growing rent among zip codes in metro
- 10 year rent change: +18.9%
- Pictured (for rent): ($1,400, 2 bedrooms)
#18. 38118 (Memphis)
- Typical rent: $903
--- 36.9% less than typical rent in metro
- 1 year rent change: +9.7%
--- #12 fastest growing rent among zip codes in metro
- 10 year rent change: +23.2%
- Pictured (for rent): ($1,195, 4 bedrooms)
--- 36.9% less than typical rent in metro
- 1 year rent change: +9.7%
--- #12 fastest growing rent among zip codes in metro
- 10 year rent change: +23.2%
- Pictured (for rent): ($1,195, 4 bedrooms)
#17. 38114 (Memphis)
- Typical rent: $940
--- 34.3% less than typical rent in metro
- 1 year rent change: +9.7%
--- #13 fastest growing rent among zip codes in metro
- 10 year rent change: +10.7%
- Pictured (for rent): ($2,100, 3 bedrooms)
--- 34.3% less than typical rent in metro
- 1 year rent change: +9.7%
--- #13 fastest growing rent among zip codes in metro
- 10 year rent change: +10.7%
- Pictured (for rent): ($2,100, 3 bedrooms)
#16. 38128 (Memphis)
- Typical rent: $964
--- 32.6% less than typical rent in metro
- 1 year rent change: +7.5%
--- #18 fastest growing rent among zip codes in metro
- 10 year rent change: +15.7%
- Pictured (for rent): ($1,225, 4 bedrooms)
--- 32.6% less than typical rent in metro
- 1 year rent change: +7.5%
--- #18 fastest growing rent among zip codes in metro
- 10 year rent change: +15.7%
- Pictured (for rent): ($1,225, 4 bedrooms)
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#15. 38111 (Memphis)
- Typical rent: $1,039
--- 27.3% less than typical rent in metro
- 1 year rent change: +7.8%
--- #17 fastest growing rent among zip codes in metro
- 10 year rent change: +27.3%
- Pictured (for rent): ($3,900, 4 bedrooms)
--- 27.3% less than typical rent in metro
- 1 year rent change: +7.8%
--- #17 fastest growing rent among zip codes in metro
- 10 year rent change: +27.3%
- Pictured (for rent): ($3,900, 4 bedrooms)
#14. 38104 (Memphis)
- Typical rent: $1,154
--- 19.3% less than typical rent in metro
- 1 year rent change: +2.0%
--- #20 fastest growing rent among zip codes in metro
- 10 year rent change: +22.5%
- Pictured (for rent): ($8,500, 0 bedrooms)
--- 19.3% less than typical rent in metro
- 1 year rent change: +2.0%
--- #20 fastest growing rent among zip codes in metro
- 10 year rent change: +22.5%
- Pictured (for rent): ($8,500, 0 bedrooms)
#13. 38115 (Memphis)
- Typical rent: $1,176
--- 17.8% less than typical rent in metro
- 1 year rent change: +10.0%
--- #10 fastest growing rent among zip codes in metro
- 10 year rent change: +19.1%
- Pictured (for rent): ($1,350, 3 bedrooms)
--- 17.8% less than typical rent in metro
- 1 year rent change: +10.0%
--- #10 fastest growing rent among zip codes in metro
- 10 year rent change: +19.1%
- Pictured (for rent): ($1,350, 3 bedrooms)
#12. 38134 (Memphis)
- Typical rent: $1,247
--- 12.8% less than typical rent in metro
- 1 year rent change: +8.2%
--- #16 fastest growing rent among zip codes in metro
- 10 year rent change: +27.8%
- Pictured (for rent): ($5,200, 0 bedrooms)
--- 12.8% less than typical rent in metro
- 1 year rent change: +8.2%
--- #16 fastest growing rent among zip codes in metro
- 10 year rent change: +27.8%
- Pictured (for rent): ($5,200, 0 bedrooms)
#11. 38637 (Horn Lake)
- Typical rent: $1,299
--- 9.2% less than typical rent in metro
- 1 year rent change: +12.5%
--- #2 fastest growing rent among zip codes in metro
- 10 year rent change: +26.1%
- Pictured (for rent): ($1,650, 4 bedrooms)
--- 9.2% less than typical rent in metro
- 1 year rent change: +12.5%
--- #2 fastest growing rent among zip codes in metro
- 10 year rent change: +26.1%
- Pictured (for rent): ($1,650, 4 bedrooms)
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#10. 38141 (Memphis)
- Typical rent: $1,305
--- 8.7% less than typical rent in metro
- 1 year rent change: +11.5%
--- #4 fastest growing rent among zip codes in metro
- 10 year rent change: +25.7%
- Pictured (for sale): ($165,900, 3 bedrooms)
--- 8.7% less than typical rent in metro
- 1 year rent change: +11.5%
--- #4 fastest growing rent among zip codes in metro
- 10 year rent change: +25.7%
- Pictured (for sale): ($165,900, 3 bedrooms)
#9. 38671 (Southaven)
- Typical rent: $1,466
--- 2.5% above typical rent in metro
- 1 year rent change: +11.4%
--- #6 fastest growing rent among zip codes in metro
- 10 year rent change: +25.5%
- Pictured (for sale): ($143,000, 2 bedrooms)
--- 2.5% above typical rent in metro
- 1 year rent change: +11.4%
--- #6 fastest growing rent among zip codes in metro
- 10 year rent change: +25.5%
- Pictured (for sale): ($143,000, 2 bedrooms)
#8. 38018 (Cordova)
- Typical rent: $1,567
--- 9.6% above typical rent in metro
- 1 year rent change: +11.5%
--- #5 fastest growing rent among zip codes in metro
- 10 year rent change: +26.3%
- Pictured (for sale): ($186,000, 3 bedrooms)
--- 9.6% above typical rent in metro
- 1 year rent change: +11.5%
--- #5 fastest growing rent among zip codes in metro
- 10 year rent change: +26.3%
- Pictured (for sale): ($186,000, 3 bedrooms)
#7. 38125 (Memphis)
- Typical rent: $1,607
--- 12.4% above typical rent in metro
- 1 year rent change: +11.0%
--- #8 fastest growing rent among zip codes in metro
- 10 year rent change: +26.2%
- Pictured (for rent): ($3,800, 4 bedrooms)
--- 12.4% above typical rent in metro
- 1 year rent change: +11.0%
--- #8 fastest growing rent among zip codes in metro
- 10 year rent change: +26.2%
- Pictured (for rent): ($3,800, 4 bedrooms)
#6. 38016 (Cordova)
- Typical rent: $1,608
--- 12.4% above typical rent in metro
- 1 year rent change: +9.9%
--- #11 fastest growing rent among zip codes in metro
- 10 year rent change: +24.4%
- Pictured (for sale): ($224,900, 4 bedrooms)
--- 12.4% above typical rent in metro
- 1 year rent change: +9.9%
--- #11 fastest growing rent among zip codes in metro
- 10 year rent change: +24.4%
- Pictured (for sale): ($224,900, 4 bedrooms)
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#5. 38103 (Memphis)
- Typical rent: $1,672
--- 16.9% above typical rent in metro
- 1 year rent change: +6.8%
--- #19 fastest growing rent among zip codes in metro
- 10 year rent change: +23.6%
- Pictured (for rent): ($5,500, 4 bedrooms)
--- 16.9% above typical rent in metro
- 1 year rent change: +6.8%
--- #19 fastest growing rent among zip codes in metro
- 10 year rent change: +23.6%
- Pictured (for rent): ($5,500, 4 bedrooms)
#4. 38135 (Memphis)
- Typical rent: $1,716
--- 20.0% above typical rent in metro
- 1 year rent change: +10.6%
--- #9 fastest growing rent among zip codes in metro
- 10 year rent change: +25.2%
- Pictured (for sale): ($237,000, 3 bedrooms)
--- 20.0% above typical rent in metro
- 1 year rent change: +10.6%
--- #9 fastest growing rent among zip codes in metro
- 10 year rent change: +25.2%
- Pictured (for sale): ($237,000, 3 bedrooms)
#3. 38654 (Olive Branch)
- Typical rent: $1,723
--- 20.5% above typical rent in metro
- 1 year rent change: +12.0%
--- #3 fastest growing rent among zip codes in metro
- 10 year rent change: +23.2%
- Pictured (for rent): ($1,495, 3 bedrooms)
--- 20.5% above typical rent in metro
- 1 year rent change: +12.0%
--- #3 fastest growing rent among zip codes in metro
- 10 year rent change: +23.2%
- Pictured (for rent): ($1,495, 3 bedrooms)
#2. 38002 (Arlington)
- Typical rent: $1,821
--- 27.3% above typical rent in metro
- 1 year rent change: +12.5%
--- #1 fastest growing rent among zip codes in metro
- 10 year rent change: +31.4%
- Pictured (for sale): ($335,000, 4 bedrooms)
--- 27.3% above typical rent in metro
- 1 year rent change: +12.5%
--- #1 fastest growing rent among zip codes in metro
- 10 year rent change: +31.4%
- Pictured (for sale): ($335,000, 4 bedrooms)
#1. 38017 (Collierville)
- Typical rent: $1,904
--- 33.1% above typical rent in metro
- 1 year rent change: +8.9%
--- #15 fastest growing rent among zip codes in metro
- 10 year rent change: +23.9%
- Pictured (for rent): ($3,500, 5 bedrooms)
--- 33.1% above typical rent in metro
- 1 year rent change: +8.9%
--- #15 fastest growing rent among zip codes in metro
- 10 year rent change: +23.9%
- Pictured (for rent): ($3,500, 5 bedrooms)
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