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Rental Market Trends in West Memphis, AR

Updated August 2026

The average rent in West Memphis, AR is $667/month.

Rent in West Memphis is 60% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$667/month

Average Rent

673 Sq Ft

Average Size

+0.4%

Change / Year

73

Available Apartments

West Memphis rent varies by unit size and layout:

  • Studio apartments in West Memphis average $743 per month.
  • One-bedroom apartments in West Memphis average $667 per month.
  • Two-bedroom apartments in West Memphis average $800 per month.
  • Three-bedroom apartments in West Memphis average $973 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$743/month
700 Sq Ft
One Bedroom
$667/month
673 Sq Ft
Two Bedroom
$800/month
938 Sq Ft
Three Bedroom
$973/month
1,186 Sq Ft
View West Memphis Apartments

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

In the past year, rent has increased by 0.4%, which averages out to $3 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in West Memphis, AR

August 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in West Memphis, AR
Percentage*
Rent Range
18% Below $700/month
76% $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 $667, you’ll want to make about $2,223 per month or $26,676 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

73 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.

View the West Memphis Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Marion

    Marion

    Avg Rent: $890/month

  • Memphis

    Memphis

    Avg Rent: $1,055/month

  • Walls

    Walls

    Avg Rent: $1,065/month

  • Horn Lake

    Horn Lake

    Avg Rent: $1,220/month

  • Southaven

    Southaven

    Avg Rent: $1,351/month

Apartment Communities in West Memphis We Think You'll Love

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

Greenways at Marion

Greenways at Marion

501 Par Dr,
Marion, AR 72364

1-2 Beds | $790 - $1,330

New Frontier

New Frontier

115 S 20th St,
West Memphis, AR 72301

Studio - 2 Beds | $725 - $950

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Frequently Asked Questions

What is the average rent in West Memphis?

The average rent in West Memphis is $667 per month, which is 59.9% lower than the national average of $1,664.

Are rents going up or down in West Memphis?

Rents in West Memphis, AR are increasing, with prices up 0.4% year-over-year and $3 more per month.

What rent range is most common in West Memphis?

In West Memphis, AR, 76% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity