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Apartments in 38109

1 - 30 of 42 Results
3
$1,071 - 1,260
Chapel Place Homes (Affordable Housing; Income Limit Restrictions Apply)
5228 Whistling Duck Dr Memphis, TN
3 - 4 BR | May. 3, 2024
Contact
Dog Friendly
Cat Friendly
Income Restricted
Balcony/Deck/Patio
Dishwasher
1
$1,166
Windsor Pointe (Affordable Housing; Income Limit Restrictions Apply)
Deal
216 Wesley Forest Place North Memphis, TN
4 BR | May. 7, 2024
Contact
Income Restricted
Air Conditioning
Covered Parking
Surface Parking
Dishwasher
7
$975
Very Nice Newly Renovated Home In Westwood
3816 Ford RD Memphis, TN
3 BR | Available Now
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House
19
$950
Charming 3/1 South Memphis Home!
289 Charter Ave Memphis, TN
3 BR | Available Now
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House
Air Conditioning
Storage
17
$1,250
4968 Newton Rd
Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
17
$1,050
Modern Home In Whiteaven!
742 Whitehaven Ln Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
15
$1,195
Beautiful 4 Bedroom, 1 Bath Home!
3329 Charlotte Rd Memphis, TN
4 BR | Ask for Availability
Contact
House
Air Conditioning
4
$1,150
4880 Shayne - Available Now!
4880 Shayne Ln Memphis, TN
3 BR | Ask for Availability
Contact
House
15
$1,050
3 Bedroom, 1 Bath Home For Rent
862 Western Park Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
12
$975
667 W Raines Rd
Memphis, TN
3 BR | May. 17, 2024
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Dog Friendly
Cat Friendly
House
17
$1,150
Beautiful 3 Bedroom, 1.5 Bath Home!
3679 Glenburee Cv Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
11
$895
112 E Fernwood Ave
Memphis, TN
2 BR | May. 13, 2024
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House
15
$1,085
87 E Fernwood Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
12
$1,050
Whitehaven 3 Bedroom 2 Bath
3653 Bison St Memphis, TN
4 BR | Ask for Availability
Contact
House
Air Conditioning
4
$1,295
817 White Clover Ln
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
12
$934
3177 Millwood Rd
Memphis, TN
3 BR | May. 10, 2024
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Dog Friendly
Cat Friendly
House
24
$1,500
3723 Skylark Dr
Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
14
$995
Beautilful 3 Bedroom, 1 Bath House
3459 Rochester Rd Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
16
$1,195
Beautiful 3 Bedroom, 2 Bathroom Home!
1021 Parkrose Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
21
$1,500
3254 Rochester
3254 Rochester Rd Memphis, TN
3 BR | Available Now
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Dog Friendly
House
20
$940
3493 W Horn Lk
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
2
$1,300
4852 Hillbrook Rd
Memphis, TN
4 BR | May. 17, 2024
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Dog Friendly
Cat Friendly
House
8
$1,300
3690 FORD
Memphis, TN
4 BR | Available Now
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House
3
$1,095
5170 Berta - Available Now!
5170 Berta St Memphis, TN
3 BR | Ask for Availability
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House
10
$875
411 Elder Rd
Memphis, TN
2 BR | Available Now
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House
12
$1,450
672 Blackhawk Rd
Memphis, TN
4 BR | Available Now
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House
Air Conditioning
Surface Parking
Storage
3
$1,195
4847 Shayne - Coming Soon!
4847 Shayne Ln Memphis, TN
4 BR | Ask for Availability
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House
2
$1,245
479 Whiteville - Available Now!
479 Whiteville Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
2
$1,245
4614 Berta - Available Now!
4614 Berta Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
23
$1,195
4622 Neely Rd
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1 - 30 of 42 Results
  1. Home
  2. Memphis
  3. 38109

How much does it cost to rent an apartment in 38109?

38109 apartments
Bed Type Average Rent Range
Studio $500 $500 - $500
1BR $550 $500 - $550
2BR $690 $450 - $1,030
3BR $1,090 $940 - $1,340
4+BR $1,200 $710 - $1,560
Frequently Asked Questions

How many apartments are available in 38109 on Rentable.co?

Rentable.co has 42 apartments available for rent in 38109.

What is the average rent for an apartment in 38109?

The average rent for an apartment in 38109 is around $1,080 per month.

What is the average rent for a one-bedroom apartment in 38109?

The average rent for a one-bedroom apartment in 38109 is around $545 per month.

What is the average rent for a two-bedroom apartment in 38109?

The average rent for a two-bedroom apartment in 38109 is around $687 per month.

What is the average rent for a studio apartment in 38109?

The average rent for a studio apartment in 38109 is around $495 per month.

Find an Apartment in 38109
Looking for an apartment in the 38109 zip code in Memphis, TN? Rentable has a variety of apartments for rent in 38109 Memphis, TN. Currently, there are 40 units available in this area. The average rent for apartments in 38109 is $1,050. The minimum rent for a 2-bedroom unit starts at $450.

If you're considering moving to this area, there are several points of interest and community amenities nearby. The zip code 38109 is located in the southwest part of Memphis, and it is close to several parks such as T.O. Fuller State Park and Oakhaven Park. These parks offer opportunities for outdoor activities and recreation.

In addition, 38109 is home to various community amenities including nearby schools like Oakshire Elementary School and Mitchell High School. There are also shopping centers and restaurants in the area, providing convenience for residents.

If you're looking for apartments near 38109, Rentable has a wide range of options to choose from. Take a look at our available apartments in 38109 Memphis, TN and find your perfect rental today.

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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