Apartments in 38107

1 - 27 of 27 Results
41
$1,815 - 2,825
1700 Elkstone Drive South Collierville, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Surface Parking
12
$1,225
925 Lewis St Memphis, TN
3 BR | Available Now
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8
$1,050
874 Garland St Memphis, TN
2 BR | Available Now
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16
$1,625
Memphis, TN
2 BR | Available Now
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Storage
Voillintine-Evergreen
22
$1,900
Memphis, TN
4 BR | May. 1, 2024
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Dog Friendly
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Dishwasher
12
$1,450
Memphis, TN
3 BR | Available Now
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Voillintine-Evergreen
5
$659 - 920
2059 N Cabana Cir Memphis, TN
1 - 2 BR | Available Now
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Fitness Center
Storage
Disability Access
10
$1,195
Memphis, TN
1 BR | Available Now
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Storage
Dishwasher
28
$1,295
Memphis, TN
4 BR | Available Now
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Dog Friendly
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Storage
9
$1,150
668 Ayers St Memphis, TN
3 BR | Ask for Availability
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7
$1,050
806 N Mcneil St Memphis, TN
2 BR | Available Now
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13
$775
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
11
$799
1018 N 7th St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$665
Memphis, TN
1 BR | Ask for Availability
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Air Conditioning
New Chicago
15
$1,200
Memphis, TN
2 BR | Available Now
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Cat Friendly
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Dishwasher
5
$700
Memphis, TN
1 BR | Available Now
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9
$625
Memphis, TN
1 BR | Available Now
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6
$800
Memphis, TN
2 BR | Available Now
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9
$1,150
Memphis, TN
1 BR | Available Now
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17
$1,350
Memphis, TN
3 BR | Available Now
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Disability Access
Voillintine-Evergreen
11
$835
Memphis, TN
2 BR | Jul. 12, 2024
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Dog Friendly
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Air Conditioning
Balcony/Deck/Patio
Storage
5
$25 - 992
994 N Watkins St Memphis, TN
1 - 2 BR | Available Now
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Income Restricted
8
$800
Memphis, TN
2 BR | Available Now
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$1,300
Memphis, TN
4 BR | Available Now
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$800
823 Pearce St Memphis, TN
2 BR | Available Now
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$800
856 Dunlap St Memphis, TN
2 BR | Available Now
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$850
825 Dunlap Cir Memphis, TN
2 BR | Available Now
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1 - 27 of 27 Results
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How much does it cost to rent an apartment in 38107?

38107 apartments
Bed Type Average Rent Range
1BR $740 $630 - $1,960
2BR $710 $710 - $2,240
3BR $1,350 $1,150 - $2,830
4+BR $1,300 $1,300 - $1,900
Find an Apartment in 38107
Are you looking for apartments near 38107 in Memphis, TN? Rentable has a selection of rental options available for you. Currently, there are 99 units available for rent in this area. The average rent in 38107 is $710, and you can find apartments starting at $632 for a 1-bedroom floor plan.

Within 38107, you'll find a variety of rental options to suit your needs. Whether you're searching for a cozy studio or a spacious two-bedroom apartment, there are choices available at different price ranges. With 99 units to choose from, you can easily find a rental that fits your budget and preferences.

Renting an apartment in the 38107 area of Memphis, TN offers convenience and access to the city's amenities. From dining and shopping options to entertainment venues and cultural attractions, everything you need is within reach. Don't miss out on the opportunity to secure your ideal rental in 38107.

Explore Rentable's apartments 38107 Memphis, TN listings and start your search today. Find the perfect place to call home and enjoy all that the area has to offer.

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.