Apartments 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 June 2026, 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 20.5% ($287) lower than the Tennessee average of $1,397 and 38.2% ($687) lower than the U.S. average of $1,797.

Average Rent
$1,110
Monthly ChangeMonth Over Month Change
Decreased0.9% ($10)
Yearly ChangeYear Over Year Change
Decreased12.6% ($160)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $836 Decreased4% ($35) Decreased23.2% ($252)
2 Beds $984 Decreased4.1% ($42) Decreased18.5% ($223)
3 Beds $1,411 Decreased4.1% ($61) Decreased4.1% ($61)
Cities within Shelby County Average Rent Avg. Rent vs. ShelbyAverage Rent vs. Shelby County Avg. Days on MarketAverage Days on Market
Memphis $1,095 Decreased1.4% ($15) 36 days
Cordova $1,249 Increased12.5% ($139) 30 days
Arlington $1,890 Increased70.3% ($780) 28 days
Collierville $1,247 Increased12.3% ($137) 39 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 $1,110 per month.
Apartments in Shelby County typically rent for between $600 and $1,834 per month, with an average of $1,110 per month.
In Shelby County, the average rent for a 1-bedroom apartment is $836 per month, for a 2-bedroom apartment, $984 per month, and a 3-bedroom apartment is $1,411 per month.
The average rent in Shelby County is 38.2% ($687) lower than the national average of $1,797 per month.
The average rent in Shelby County has decreased by 0.9% ($10) in the last month and decreased by 12.6% ($160) 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 1,335 rental property available in Shelby County, TN.
Based on the current averages, a household would need an annual income of $39,360 to comfortably afford a 2-bedroom apartment in Shelby County.
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