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Rental Market Trends in West Memphis, AR

Updated July 2026

The average rent in West Memphis, AR is $665/month.

Rent in West Memphis is 60% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$665/month

Average Rent

672 Sq Ft

Average Size

-0.3%

Change / Year

68

Available Apartments

West Memphis rent varies by unit size and layout:

  • Studio apartments in West Memphis average $742 per month.
  • One-bedroom apartments in West Memphis average $665 per month.
  • Two-bedroom apartments in West Memphis average $789 per month.
  • Three-bedroom apartments in West Memphis average $971 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$742/month
700 Sq Ft
One Bedroom
$665/month
672 Sq Ft
Two Bedroom
$789/month
925 Sq Ft
Three Bedroom
$971/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 decreased by 0.3%, which averages out to $2 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in West Memphis, AR

July 2026
$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 $665, you’ll want to make about $2,216 per month or $26,592 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

68 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

  • Memphis

    Memphis

  • Walls

    Walls

  • Horn Lake

    Horn Lake

  • Southaven

    Southaven

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

510 Cornell Ave

510 Cornell Ave

510 Cornell Ave,
West Memphis, AR 72301

3 Beds | Call for Rent

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Frequently Asked Questions

What is the average rent in West Memphis?

The average rent in West Memphis is $665 per month, which is 60.0% lower than the national average of $1,662.

Are rents going up or down in West Memphis?

Rents in West Memphis, AR are decreasing, with prices down 0.3% year-over-year and $2 less per month.

What rent range is most common in West Memphis?

In West Memphis, AR, 75% 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