Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Memphis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments in 38109

61 - 67 of 67 Results
$1,750
3187 Millwood Rd
Memphis, TN
4 BR | Ask for Availability
Contact
House
11
$500
2105 Swift
Memphis, TN
2 BR | Available Now
Contact
House
Den
4
$495
1680 Kansas St
Memphis, TN
Studio - 1 BR | Ask for Availability
Contact
4
$450
297 Fields
Memphis, TN
2 BR | Available Now
Contact
House
4
$545
1686 Kansas St
Memphis, TN
1 BR | Ask for Availability
Contact
1
$499
2109 Farrington
Memphis, TN
2 BR | Available Now
Contact
House
1
$650
2119 Benford St
Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Den
61 - 67 of 67 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
1BR $550 $500 - $900
2BR $800 $450 - $1,200
3BR $1,130 $920 - $1,390
4+BR $1,480 $760 - $1,750
Frequently Asked Questions

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

Rentable.co has 67 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 $1,130 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 $800 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 65 units available in this area. The average rent for apartments in 38109 is $1,120. 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:
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.

Browse Memphis Apartments
Memphis Apartments by Neighborhood
Memphis Apartments by Bedrooms
Memphis Apartments by Affordability
Memphis Apartments with Amenities
Memphis Apartments by Type
Colleges Near Memphis
Memphis Apartments by Zip Code