Homes For Rent in Shelby County, TN

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What to Know About

Life in Shelby County & Beyond

Shelby County shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Shelby County, TN

As of March 2025, Shelby County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Shelby County's average rent is 6.2% ($99) lower than the Tennessee average of $1,609 and 15.5% ($278) lower than the U.S. average of $1,788.

Average Rent
$1,510
Monthly ChangeMonth Over Month Change
Increased1.7% ($25)
Yearly ChangeYear Over Year Change
Decreased3.9% ($62)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,114 Increased0.1% ($1) Increased16.4% ($157)
2 Beds $1,288 Increased0.1% ($1) Increased21.6% ($229)
3 Beds $1,645 Increased1.7% ($27) Increased4.5% ($71)
Cities within Shelby County Average Rent Avg. Rent vs. ShelbyAverage Rent vs. Shelby County Avg. Days on MarketAverage Days on Market
Memphis $1,331 Decreased11.9% ($179) 36 days
Cordova $1,840 Increased21.9% ($330) 30 days
Arlington $1,573 Increased4.2% ($63) 28 days
Collierville $1,740 Increased15.2% ($230) 39 days
Millington $1,545 Increased2.3% ($35) 36 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Shelby County Rental Market FAQs

Explore rental prices, market trends, and availability in Shelby County, TN.

The average rent in Shelby County, TN is $1,510 per month.
Homes in Shelby County typically rent for between $780 and $2,139 per month, with an average of $1,510 per month.
In Shelby County, the average rent for a 1-bedroom home is $1,114 per month, for a 2-bedroom home, $1,288 per month, and a 3-bedroom home is $1,645 per month.
The average rent in Shelby County is 15.5% ($278) lower than the national average of $1,788 per month.
The average rent in Shelby County has increased by 1.7% ($25) in the last month and decreased by 3.9% ($62) over the past year.
The rental market in Shelby County, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Shelby County, TN, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1,677 rental property available in Shelby County, TN.
Based on the current averages, a household would need an annual income of $51,520 to comfortably afford a 2-bedroom home in Shelby County.
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