Apartments in 38106

1 - 30 of 33 Results
6
$800
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
22
$1,400
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$525
1321 Wilson St Memphis, TN
1 BR | Available Now
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House
Disability Access
1
$895
1429 James St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
15
$850
Memphis, TN
3 BR | Available Now
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House
Storage
McKeller
12
$710
815 Lucille Ave Memphis, TN
2 BR | Ask for Availability
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House
Air Conditioning
4
$1,250
Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
3D Tour
$1,225 - 2,885
360 Metal Museum Dr Memphis, TN
1 - 3 BR | Available Now
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Heat Included
Furnished
Dog Friendly
Cat Friendly
Luxury
12
$1,500
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,750
1166 Melrose St Memphis, TN
4 BR | Available Now
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House
1
$1,395
Memphis, TN
4 BR | Available Now
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House
1
$1,750
1125 Rayner St Memphis, TN
4 BR | Available Now
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House
1
$950
1318 Glenn St Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,400
1630 S Orleans St Memphis, TN
3 BR | Available Now
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House
1
$1,095
2636 Darlene St Memphis, TN
3 BR | Available Now
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House
1
$695
Memphis, TN
2 BR | Available Now
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1
$1,300
1622 Elvis Presley Blvd Memphis, TN
4 BR | Available Now
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House
1
$750
1238 Dunnavant St Memphis, TN
2 BR | Available Now
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1
$1,250
Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$725
519 Simpson Ave #2 Memphis, TN
2 BR | Available Now
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1
$1,350
1617 Pillow St Memphis, TN
3 BR | Available Now
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1
$1,035
1560 Cane Rd Memphis, TN
3 BR | Available Now
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House
2
$850
1303 Quinn Ave Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
1
$925
1599 Humber St Memphis, TN
3 BR | Dec. 19, 2025
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Dog Friendly
Cat Friendly
House
1
$1,750
1150 Melrose St Memphis, TN
4 BR | Available Now
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House
1
$740
Memphis, TN
2 BR | Available Now
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1
$1,595
Memphis, TN
4 BR | Available Now
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House
1
$695
Memphis, TN
2 BR | Available Now
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3
$185
Memphis, TN
1 BR | Available Now
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$649 - 749
1528 Ragan Street Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
1 - 30 of 33 Results
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  3. 38106

How much does it cost to rent an apartment in 38106?

38106 apartments
Bed Type Average Rent Range
1BR $400 $190 - $1,230
2BR $700 $610 - $2,220
3BR $1,100 $850 - $2,730
4+BR $1,400 $650 - $1,750
Find an Apartment in 38106
Looking for apartments for rent in the 38106 zip code in Memphis, TN? Look no further! Rentable has a variety of options available for you. Currently, there are 49 units available for rent in this area. The average rent in 38106 is $850, with the lowest rent starting at $185 for a 1-bedroom unit.

One of the top neighborhoods in 38106 is McKeller. McKeller offers a convenient location with nearby points of interest and amenities. If you enjoy outdoor activities, you'll appreciate the proximity to local parks where you can relax and enjoy nature.

Ready to find your next home? Explore Rentable's apartments near 38106 Memphis, TN and discover the perfect rental that meets your needs. Whether you're looking for a cozy studio or a spacious three-bedroom apartment, Rentable has options to suit every lifestyle and budget. Start your search today and find your dream apartment in the 38106 zip code.

Memphis:
December Rent Report

Welcome to the December 2025 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 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
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
1 BR       2 BR

Memphis Rent Prices Decrease From November to December

Memphis rent prices decreased over the last month. From November to December, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from November to December, Memphis experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $.

December Prices: Memphis vs. Surrounding Areas

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 0 of the Memphis suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Memphis suburbs

  • Rents did not decrease in any of the Memphis suburbs.

December 2025 Pricing Trends: Memphis vs. National Comparisons

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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

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.