Rent in Memphis, MO
A 2-bedroom in Memphis, MO (ZIP 63555) typically rents for about $536 a month, with a range of $536–$962. Owner-occupied homes in Scotland County pay about 0.79% 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 | $709 | $709 | 1 |
| 1 bed | $378 | $378–$836 | 1 |
| 2 beds | $536 | $536–$962 | 1 |
| 3 beds | $633 | $633–$1,332 | 1 |
| 4 beds | $1,021 | $1,021–$1,608 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: 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, MO?
- About $536 a month: the median of the typical rents in 1 ZIP code, which range from $536–$962. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Memphis, MO?
- About $378 a month: the median of the typical rents in 1 ZIP code, which range from $378–$836. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Memphis, MO?
- About $633 a month: the median of the typical rents in 1 ZIP code, which range from $633–$1,332. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Memphis, MO?
- About $709 a month: the median of the typical rents in 1 ZIP code, which range from $709. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Memphis, MO?
- About $1,021 a month: the median of the typical rents in 1 ZIP code, which range from $1,021–$1,608. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Memphis, MO?
- Owner-occupied homes in Scotland County pay a typical 0.79% 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?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).