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Apartments in 38108

1 - 19 of 19 Results
12
$695
Recently Renovated Apartment In Nutbush
1447 Wells Station Rd Unit 6 Memphis, TN
2 BR | Available Now
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House
19
$1,190
1741 Hood St
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
4
$1,345
4254 Crafton Ave
Memphis, TN
3 BR | Apr. 29, 2024
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Dog Friendly
Cat Friendly
House
Storage
16
$1,295
4146 Bayliss Ave
Memphis, TN
4 BR | Ask for Availability
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House
Air Conditioning
16
$975
4108 Wilmette
Memphis, TN
2 BR | Available Now
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House
12
$700
Beautifully Renovated Duplex - Available Now!!
2121 Brown Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
17
$925
Very Nice Newly Rehabbed Home In North Memphis Off Of Chelsea
2268 Hubbard Ave Memphis, TN
2 BR | Available Now
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House
10
$1,240
954 Trezevant
Memphis, TN
3 BR | Available Now
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House
10
$1,300
2246 Vollintine Ave
Memphis, TN
3 BR | Available Now
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House
2
$600
1160 SPRINGDALE
Memphis, TN
1 BR | Available Now
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6
$775
4 Success Is Now Offering This 2 Bedroom Home.
1516 Britton St Memphis, TN
2 BR | Available Now
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House
$900
1545 Britton
Memphis, TN
3 BR | Available Now
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House
11
$895
2372 Hubbard Ave
Memphis, TN
2 BR | Available Now
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House
1
$1,600
2187 Vollintine Ave
Memphis, TN
4 BR | Available Now
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Dog Friendly
House
Air Conditioning
Surface Parking
Balcony/Deck/Patio
1
$475
Melinda Apartments
4332 Melinda Memphis, TN
2 BR | Available Now
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Air Conditioning
$1,095
Beautiful Remodel 2 Bedroom Home!
956 Maple Dr Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
$500
911 Kney
Memphis, TN
2 BR | Available Now
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House
Storage
1
$450
2414-2416 Shasta
Memphis, TN
1 BR | Ask for Availability
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$575
865 N Bingham St
Memphis, TN
1 BR | Ask for Availability
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1 - 19 of 19 Results
  1. Home
  2. Memphis
  3. 38108

How much does it cost to rent an apartment in 38108?

38108 apartments
Bed Type Average Rent Range
1BR $580 $450 - $600
2BR $780 $480 - $1,100
3BR $1,240 $900 - $1,350
4+BR $1,450 $1,300 - $1,600
Frequently Asked Questions

How many apartments are available in 38108 on Rentable.co?

Rentable.co has 19 apartments available for rent in 38108.

What is the average rent for an apartment in 38108?

The average rent for an apartment in 38108 is around $900 per month.

What is the average rent for a two-bedroom apartment in 38108?

The average rent for a two-bedroom apartment in 38108 is around $775 per month.

What is the average rent for a one-bedroom apartment in 38108?

The average rent for a one-bedroom apartment in 38108 is around $575 per month.

Find an Apartment in 38108
Are you searching for apartments in the 38108 zip code of Memphis, TN? Rentable has 20 units available for rent in this area. The average rent in 38108 is $910, and you can find 1-bedroom apartments starting at $450.

If you're looking for an apartment in 38108 Memphis, TN, Rentable has a variety of options to choose from. Explore our listings and find the perfect fit for your needs and budget.

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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