Are apartments cheaper than hotels in Memphis (TN)?
No: in Memphis (TN), apartments and homes on Agoda asked a median $227 a night against $142 for hotels on Agoda, 60% more (latest scan 7 November 2026; priced on a typical night: apartments and homes on Agoda 50, hotels on Agoda 100). Nights measured on both sides: 84, from 13 November 2026 to 4 February 2027, read on 7 November 2026.
Measured by Bed&Market (bedandmarket.com) from 166 places checked, read 7 November 2026 19:42 UTC.
Updated
Hotels and apartments side by side
On a typical night in Memphis (TN), the middle half of asking prices ran from $109 to $187 for hotels on Agoda and from $188 to $258 for apartments and homes on Agoda.
| Places | Median asking price | Lower quarter (p25) | Upper quarter (p75) | With a price, typical night | Nights |
|---|---|---|---|---|---|
| Hotels on Agoda | $142 | $109 | $187 | 100 | 84 |
| Apartments and homes on Agoda | $227 | $188 | $258 | 50 | 84 |
| All places pooled | $167 | $124 | $231 | 151 | 84 |
Each night's figure is the median (or quarter) of that night's asking prices for one night; each figure here is the median of those nights. The pooled row puts every asking price of a night into one list.
Friday and Saturday nights on each side
Friday and Saturday nights in Memphis (TN) against Monday to Thursday: +2% for hotels on Agoda and +10% for apartments and homes on Agoda.
| Places | Friday + Saturday | Monday – Thursday | Weekend against Mon–Thu | Fri + Sat nights | Mon–Thu nights |
|---|---|---|---|---|---|
| Hotels on Agoda | $144 | $142 | +2% | 24 | 48 |
| Apartments and homes on Agoda | $248 | $225 | +10% | 24 | 48 |
Medians of the nightly medians; Sunday nights sit in neither group.
Month by month
The gap in Memphis (TN) was widest in December 2026: $234 for apartments and homes on Agoda against $141 for hotels on Agoda, 65% more.
| Month | Hotels on Agoda | Apartments and homes on Agoda | Difference | Nights | Latest scan |
|---|---|---|---|---|---|
| November 2026 | $153 | $225 | +47% | 23 | 7 November 2026 |
| December 2026 | $141 | $234 | +65% | 31 | 7 November 2026 |
| January 2027 | $142 | $229 | +61% | 31 | 7 November 2026 |
Each month is the median of its nightly medians over the nights read on both sides; the month links to its own page.
On event and holiday nights
On 1 January 2027 in Memphis (TN) (New Year's Day), apartments and homes on Agoda asked a median $257 against $142 for hotels on Agoda, 81% more.
| Night | Event or holiday | Hotels on Agoda | Apartments and homes on Agoda | Difference | With a price: hotels / apartments |
|---|---|---|---|---|---|
| 26 November 2026 | Thanksgiving Day | $147 | $271 | +85% | 99 / 28 |
| 25 December 2026 | Christmas Day | $137 | $237 | +74% | 101 / 32 |
| 1 January 2027 | New Year's Day | $142 | $257 | +81% | 97 / 36 |
| 18 January 2027 | Martin Luther King Jr. Day | $142 | $227 | +59% | 101 / 53 |
Each event is printed beside the night it fell on; the prices are that night's asking prices and do not say what moved them.
What counts as a hotel and an apartment here
Places with a price on Agoda on a typical night in Memphis (TN): 151 in all, 100 of them hotels and 50 apartments and homes.
- Apartments and homes on Agoda: the places Agoda lists as not a hotel (apartments, B&Bs, holiday lets and private rooms), priced in the same search as its hotels, one night for 2 adults.
- Hotels on Agoda: the places Agoda files as a hotel; Agoda files many guesthouses, hostels and aparthotels there too, so the apartment count is a floor.
- A place Agoda gives no kind for is in the pooled row only.
- Both sides come from the same Agoda search on the same night.
What was measured
Nights measured in Memphis (TN) on both sides: 84, from 13 November 2026 to 4 February 2027; each with at least 30 places showing a price on Agoda.
- Up to 166 places checked per night on Agoda; a place with no price that night (sold out or closed) is counted but carries no price.
- Prices in USD, as shown on the day each night was read on Agoda, on 7 November 2026.
- Asking prices seen while searching for one night: not prices paid, and not a forecast.
Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →