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Apartments in 38103

1 - 30 of 36 Results
21
3D Tour
$1,312 - 3,636
Metro67
67 Madison Ave Memphis, TN
Studio - 3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
25
$1,335 - 3,000
Harbor Island Apartments
5.0
444 Island Dr., Suite Memphis, TN
1 - 4 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
25
$1,585 - 2,320
Grand Island Apartment Homes
3.2
300 Grand Island Drive Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
28
$1,000 - 1,725
266 Lofts
2.6
266 S Front St Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
13
$999 - 2,225
The Chisca On Main
4.6
272 S. Main St Memphis, TN
Studio - 3 BR | Ask for Availability
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
9
$1,100
Gayoso House
4.9
130 S Front St Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
11
$925 - 1,400
The W. L. Apartments
5.0
267 South Main St Memphis, TN
Studio - 2 BR | Ask for Availability
Contact
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
8
$775 - 1,400
The Lofts At Union Alley
5.0
110 Barboro Alley Memphis, TN
Studio - 1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Den
12
$1,000 - 1,800
Pembroke Square
5.0
125 Gayoso Ave Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
21
$3,226
Brand New Construction Home In The South End, Downtown Memphis
703 Meditation Ln Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
22
$4,095
New Construction 4 Bedroom Home In Downtown Memphis
702 Meditation Ln Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
12
$1,375 - 1,450
South Junction Apartments
Deal
4.2
9 East Carolina Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
21
$1,525
510 City House # 205
Memphis, TN
1 BR | Available Now
Contact
House
Surface Parking
Storage
Disability Access
37
$4,035
Stunning South Front Townhouse
581 S Front St Memphis, TN
3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
House
Air Conditioning
18
$3,750
Mud Island Fully Furished
138 Harbor Creek Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Mud Island
15
$2,795
Amazing View Of The Downtown Skyline And Marina!
670 Marina Cottage Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
16
$2,400
118 Fleets Island Drive
Memphis, TN
3 BR | Jul. 2, 2024
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
12
$1,020 - 1,510
Island Park And Harbor Town Square
1440 Island Park Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Section 8
14
$2,250
1421 Island Town Dr
Memphis, TN
3 BR | May. 10, 2024
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
20
$1,695
505 Tennessee St #127
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Surface Parking
Storage
6
3D Tour
$1,100 - 1,550
South Bluffs Apartments
4.0
4 Riverview Drive W Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Short-term
$4,500
Gorgeous Downtown Custom Built New Orleans Style Home
1060 Island Dr Memphis, TN
3 BR | May. 1, 2024
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
16
$1,525
Fielder Square Apartment Homes
1.0
70 South Fourth St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
5
$823 - 1,370
Fielder Square
70 S 4th St Memphis, TN
Studio - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Section 8
5
$905 - 1,055
Riverset Apartment Homes
Deal
100 Riverset Lane Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
5
$1,000 - 1,800
Main Street Flats
3.0
99-105 South Main Street Memphis, TN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
5
$1,010 - 1,650
The Cornerstone Flats
3.0
113 South Main Street Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
6
$950 - 1,640
Barboro Flats
3.0
100 Gayoso Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Section 8
6
$1,200 - 1,850
Van Fleet Flats
5.0
122 Gayoso Avenue Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Covered Parking
5
$960 - 2,100
Number 10 Main
5.0
10 S Main St Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
In Unit Laundry
Fitness Center
1 - 30 of 36 Results
  1. Home
  2. Memphis
  3. 38103

How much does it cost to rent an apartment in 38103?

38103 apartments
Bed Type Average Rent Range
Studio $1,000 $780 - $1,600
1BR $1,190 $950 - $1,850
2BR $1,570 $1,110 - $2,550
3BR $2,730 $1,680 - $4,450
4+BR $3,000 $2,700 - $4,100
Frequently Asked Questions

How many apartments are available in 38103 on Rentable.co?

Rentable.co has 36 apartments available for rent in 38103.

What is the average rent for an apartment in 38103?

The average rent for an apartment in 38103 is around $1,380 per month.

What is the average rent for a one-bedroom apartment in 38103?

The average rent for a one-bedroom apartment in 38103 is around $1,190 per month.

What is the average rent for a two-bedroom apartment in 38103?

The average rent for a two-bedroom apartment in 38103 is around $1,565 per month.

What is the average rent for a studio apartment in 38103?

The average rent for a studio apartment in 38103 is around $999 per month.

Find an Apartment in 38103
If you're searching for apartments for rent in the 38103 zip code in Memphis, TN, Rentable has you covered. Currently, there are 183 units available for rent in this area. The average rent in 38103 is $1,390, with the minimum rent for a studio floor plan being $780.

When it comes to neighborhoods, the top choices in 38103 are South Forum and Mud Island. These neighborhoods offer a vibrant and diverse community atmosphere.

Living in the 38103 zip code provides easy access to a range of amenities and attractions. Nearby points of interest include various parks where you can enjoy outdoor activities and relax. The cultural offerings and entertainment options in Memphis, TN are also easily accessible from apartments near 38103.

Ready to find your perfect rental in the 38103 area? Explore Rentable's apartments in 38103 and discover the ideal place to call home.

Memphis:
April Rent Report

Welcome to the April 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Memphis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Memphis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Memphis average rent prices in the chart below.

Monthly Rent Report

$1,250
$940
$630
$310
$0
Mar. 2023
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
1 BR       2 BR

Memphis Rent Prices Decrease From March to April

Memphis rent prices decreased over the last month. From March to April, the city experienced a -0.62% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $959.0.

When we take a look at the two-bedroom comparison from March to April, Memphis experienced a -0.09% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,074.0.

April Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Walls, MS
$1,545
$1,478
$1,397
$1,303
$1,270
$958
$785
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have decreased in Memphis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Memphis suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Cordova, TN, Collierville, TN, Horn Lake, MS, Germantown, TN .

  • Rent decreased in Southaven, MS, Walls, MS.

  • 5 suburbs are currently priced higher than the city of Memphis.

  • 1 suburb is currently priced lower than the city of Memphis.

April 2024 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Memphis, TN
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$958
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Memphis Rent Prices More Affordable Than Major Cities

Rent growth in Memphis over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Memphis average rent prices appear to be relatively affordable for local residents.

The price for a Memphis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Memphis and surrounding area rent prices, take a look at the complete data set below.

Data set for Memphis and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Memphis, TN $958.0 -0.10% $1,070.0 -0.37%
Southaven, MS $1,270.0 -2.76% $1,437.0 1.70%
Cordova, TN $1,478.0 0.68% $1,634.0 -0.55%
Collierville, TN $1,397.0 3.02% $1,632.0 0.06%
Horn Lake, MS $1,303.0 1.40% $1,435.0 1.70%
Germantown, TN $1,545.0 0.07% $1,835.0 0.00%
Walls, MS $785.0 -9.98% $1,053.0 -0.38%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Memphis Apartments
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