Rent in Memphis, MI
A 2-bedroom in Memphis, MI (ZIP 48041) typically rents for about $1,100 a month, with a range of $1,100–$1,459. Owner-occupied homes in St. Clair County pay about 1.14% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $790 | $790–$1,047 | 1 |
| 1 bed | $763 | $645–$880 | 1 |
| 2 beds | $1,100 | $1,100–$1,459 | 1 |
| 3 beds | $1,370 | $1,340–$1,400 | 1 |
| 4 beds | $1,450 | $1,450–$1,929 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Memphis ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Memphis, MI?
- About $1,100 a month: the median of the typical rents in 1 ZIP code, which range from $1,100–$1,459. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Memphis, MI?
- About $763 a month: the median of the typical rents in 1 ZIP code, which range from $645–$880. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Memphis, MI?
- About $1,370 a month: the median of the typical rents in 1 ZIP code, which range from $1,340–$1,400. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Memphis, MI?
- About $790 a month: the median of the typical rents in 1 ZIP code, which range from $790–$1,047. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Memphis, MI?
- About $1,450 a month: the median of the typical rents in 1 ZIP code, which range from $1,450–$1,929. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Memphis, MI?
- Owner-occupied homes in St. Clair County pay a typical 1.14% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Memphis rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).