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Rental Market Trends in West Memphis, AR

What is the average rent in West Memphis, AR?

$690/month

Average Rent

672 Sq Ft

Average Apartment Size

-0.2%

Decrease in the Last Year

As of June 2025, the average rent in West Memphis, AR is $690 per month. This is 58% lower than the national average rent of $1,627/month, making renting in West Memphis more affordable than most cities in the US. When you rent an apartment in West Memphis, you can expect to pay about $735 per month for a studio, $690 for a one-bedroom apartment, and around $746 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $958 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$735/month
700 Sq Ft
One Bedroom
$690/month
672 Sq Ft
Two Bedroom
$746/month
907 Sq Ft
Three Bedroom
$958/month
1,186 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in West Memphis, AR?

In the past year, rent has decreased by 0.2%, which averages out to $1 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in West Memphis, AR
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in West Memphis, AR
Percentage*
Rent Range
19% Below $700/month
75% $700 - $1,000/month
6% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in West Memphis, AR?

Because the average rent in West Memphis is $690, you’ll want to make about $2,300 per month or $27,600 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

West Memphis, AR

56 Available Apartments for Rent

Search for Nearby Apartments

How does West Memphis, AR compare to other nearby cities and neighborhoods?

Use the tool below to compare West Memphis, AR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for West Memphis, AR

Apartment Averages

Nearby City Rent Trends

  • Marion Average Rent
  • Memphis Average Rent
  • Walls Average Rent
  • Horn Lake Average Rent
  • Southaven Average Rent

Apartment communities in West Memphis we think you'll love

Greenways at Marion

Greenways at Marion

501 Par Dr,
Marion, AR 72364

1-2 Beds | $799 - $1,100

Meadows West Memphis

Meadows West Memphis

1101 S Avalon St,
West Memphis, AR 72301

1-3 Beds | $800 - $1,000

Jackson Heights Residential

Jackson Heights Residential

2211 Jackson Heights,
West Memphis, AR 72301

4 Beds | $725 - $1,150

New Frontier

New Frontier

115 S 20th St,
West Memphis, AR 72301

Studio - 2 Beds | $725 - $950

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United States Arkansas West Memphis Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity