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Apartments in 38111

1 - 30 of 67 Results
26
$966 - 2,066
The Junction
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
31
$1,035 - 1,485
The Tower at Kent
366 S Highland St Memphis, TN
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
9
$750
Cloverdale At Highland
3471 Douglass Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
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7
$895
Rent Reduced!!
584 Baltimore St Memphis, TN
3 BR | Available Now
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House
Air Conditioning
Disability Access
32
$2,100
3 Bed 2 Bath Home Off Central Ave.
187 Picardy Pl Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
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Dishwasher
9
$985
393 Buntyn St
Memphis, TN
2 BR | May. 13, 2024
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House
Storage
8
$695
3580 BRISTERWOOD
Memphis, TN
1 BR | Available Now
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Dishwasher
8
$1,195
498 Josephine St
Memphis, TN
3 BR | May. 6, 2024
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House
Storage
Disability Access
8
$950
Nice Home For Rent In East Memphis
3558 Kearney Ave Memphis, TN
2 BR | Available Now
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House
16
$1,095
Very Cute Home In Berclair
766 Watson St Memphis, TN
3 BR | Available Now
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House
18
$2,200
Gorgeous Custom Built Home At 581 Alexander Now For Lease
581 Alexander St Memphis, TN
3 BR | Available Now
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Dog Friendly
House
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21
$1,175
Cute 2 Bedroom Bungalow
3087 Radford Rd Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
21
$1,095
Rhodes Townhomes - Two Story 2 Bedrooms / 1.5 Bath
3640 Rhodes Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
31
$995
Cherry Gardens - Under New Management - Newly Renovated - 2 Or 3 Bedroom Units
4350 Dunn Ave Memphis, TN
3 BR | Available Now
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Surface Parking
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8
$850
743 Shotwell St Unit 2
Memphis, TN
1 BR | Available Now
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Air Conditioning
9
$1,250
912 Newell St
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
11
$695
3156 Hoskins Rd
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
12
$885
Register Your Account With Rently To Schedule Your Self Tour Of This Property!
69 Eastview Dr Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
20
$835
Shared Housing College Experience!
696 Tiger Estates Cv Memphis, TN
1 BR | Available Now
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2
$795
3602- 3616 Spottswood
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
22
$1,375
Spacious 3 Bedroom Close To The University Of Memphis
3624 Marion Ave Memphis, TN
3 BR | May. 10, 2024
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Dog Friendly
Cat Friendly
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Storage
Dishwasher
9
$1,100
Spottswood Manor Townhomes
Spottswood Manor Dr Memphis, TN
2 BR | Available Now
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11
$1,225
981 Parkhaven
Memphis, TN
2 BR | Available Now
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Dog Friendly
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15
$895 - 900
U Of M Area! Fully Renovated One Bedroom Apartments Now Available!
461 S Highland St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
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10
$999
3 Bed 1 Bath House
4195 Boyce Ave Memphis, TN
3 BR | Available Now
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House
6
$850
743 Shotwell St Unit 1
Memphis, TN
1 BR | Available Now
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Air Conditioning
5
$725
3609 Mynders Ave
Memphis, TN
1 BR | Available Now
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Disability Access
Dishwasher
12
$1,225
2 Bedroom, 1 Bathroom In Colonial Acres Recently Renovated
4611 Verne Rd Memphis, TN
2 BR | Available Now
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House
Storage
Disability Access
11
$850
2 Bed 1 Bath Duplex Home
3641 Allandale Ln Memphis, TN
2 BR | Ask for Availability
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House
Air Conditioning
14
$1,125
4200 Philsdale Ave
Memphis, TN
3 BR | May. 17, 2024
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House
1 - 30 of 67 Results
  1. Home
  2. Memphis
  3. 38111

How much does it cost to rent an apartment in 38111?

38111 apartments
Bed Type Average Rent Range
Studio $1,030 $1,030 - $1,030
1BR $950 $700 - $1,340
2BR $1,040 $750 - $1,510
3BR $1,180 $730 - $2,160
4+BR $1,430 $1,000 - $1,450
Frequently Asked Questions

How many apartments are available in 38111 on Rentable.co?

Rentable.co has 67 apartments available for rent in 38111.

What is the average rent for an apartment in 38111?

The average rent for an apartment in 38111 is around $1,040 per month.

What is the average rent for a two-bedroom apartment in 38111?

The average rent for a two-bedroom apartment in 38111 is around $1,038 per month.

What is the average rent for a one-bedroom apartment in 38111?

The average rent for a one-bedroom apartment in 38111 is around $945 per month.

What is the average rent for a studio apartment in 38111?

The average rent for a studio apartment in 38111 is around $1,029 per month.

Find an Apartment in 38111
Are you searching for apartments for rent in the 38111 zip code of Memphis, TN? You've come to the right place! Rentable currently has a variety of 119 units available for rent in this area. The average rent in 38111 is $1,040, with the lowest priced floor plan starting at just $697.

The top neighborhood in the 38111 zip code is High Point Terrace, known for its charm and vibrant community atmosphere. Living in this area, you'll have access to a range of amenities and nearby points of interest. Enjoy the convenience of having parks like ___________ and ___________ just a short distance away, perfect for outdoor activities and relaxation.

Whether you're a young professional or a family looking for a new place to call home, there are apartments near 38111 that will cater to your needs. Take a look at Rentable's listings in the 38111 zip code and find the perfect apartment for you. Don't miss out on this opportunity to rent in one of Memphis, TN's most sought after locations.

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.

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