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Apartments in 38111

1 - 30 of 113 Results
31
$1,160 - 1,550
The Tower at Kent
366 S Highland St Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
3
$1,195
2752 - 54 Madison
Memphis, TN
2 BR | Available Now
Contact
0
$1,025
Nice Home In The U Of M Area
3781 Barron Ave Memphis, TN
2 BR | Available Now
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House
9
$795
Move-in Special - 1/2 Off First Month's Rent!
373 Buntyn St Memphis, TN
2 BR | Available Now
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House
Storage
26
$691 - 1,891
The Junction
3341 Southern Ave Memphis, TN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
12
$2,495
2019 New Construction 4 Bedroom, 2 Bath Home Near U Of M And New Pedestrian Bridge.
3739 Kearney St Memphis, TN
4 BR | Available Now
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House
Storage
15
$895 - 995
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
Storage
11
$1,099
981 Parkhaven
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
11
$1,100
Spottswood Manor Townhomes
Spottswood Manor Dr Memphis, TN
2 BR | Available Now
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7
$795
2734 Southern Duplex
2734 Southern Ave/593 Marianna St Memphis, TN
2 BR | Available Now
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Storage
17
$1,650
1107 Poppen
Memphis, TN
4 BR | Aug. 5, 2024
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Dog Friendly
Cat Friendly
House
Storage
9
$895
Modern Apartment Community Near The University Of Memphis - 605 Patterson - 1 & 2 Bedroom Units
605 Patterson St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
5
$900
3609 Mynders Ave
Memphis, TN
1 BR | Available Now
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Disability Access
Dishwasher
19
$1,699
Charming Updated 3 Bed, 1 Bath Home Near Midtown And Pink Palace.
3152 N Lafayette Cir Memphis, TN
3 BR | Available Now
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House
Storage
10
$850
Quaint 2 Bedroom Home Off Park And Highland!
3567 Carrington Rd Memphis, TN
2 BR | Aug. 16, 2024
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Dog Friendly
Cat Friendly
House
25
$1,400
1415 Oak Ridge Dr
Memphis, TN
3 BR | Aug. 9, 2024
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Dog Friendly
Cat Friendly
House
Air Conditioning
Covered Parking
20
$835
Shared Housing College Experience!
696 Tiger Estates Cv Memphis, TN
1 BR | Available Now
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Dishwasher
16
$895
Large 2 Bedroom 1 Bath!
328 Buntyn St Memphis, TN
2 BR | Aug. 16, 2024
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Storage
Disability Access
13
$975
3400 Hadley Rd
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Covered Parking
9
$1,150
1225 Aubra Rd
Memphis, TN
3 BR | Available Now
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House
12
$695
3156 Hoskins Rd
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
8
$699
1167 Parkland Rd
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
11
$1,775
284 West Central Park Street, Unit 3
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
9
$1,150
1223 Aubra Rd
Memphis, TN
3 BR | Available Now
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House
1
$975
Awesome Home For Rent Available Now!!
1139 Goodman RD Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1
$925 - 995
The Marie
160 Hayden Pl Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
9
$995
4236 Boyce - Available Now!
4236 Boyce Ave Memphis, TN
3 BR | Ask for Availability
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House
11
$750
3109 Radford RD
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
12
$1,300
3796 Gamewell RD
Memphis, TN
4 BR | Aug. 30, 2024
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Dog Friendly
Cat Friendly
House
Air Conditioning
11
$850
Beautiful 2 Bedroom, 1 Bath Duplex Home
3641 Allandale Ln Memphis, TN
2 BR | Ask for Availability
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House
Air Conditioning
1 - 30 of 113 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 $860 $690 - $1,030
1BR $1,140 $670 - $1,430
2BR $1,000 $750 - $1,520
3BR $1,250 $900 - $2,110
4+BR $1,650 $1,020 - $5,360
Frequently Asked Questions

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

Rentable.co has 113 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 $1,100 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 $995 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 $1,139 per month.

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

The average rent for a studio apartment in 38111 is around $860 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 167 units available for rent in this area. The average rent in 38111 is $1,100, with the lowest priced floor plan starting at just $688.

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:
July Rent Report

Welcome to the July 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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

$1,200
$900
$600
$300
$0
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
1 BR       2 BR

Memphis Rent Prices Increase From June to July

Memphis rent prices increased over the last month. From June to July, the city experienced a 0.42% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $956.0.

When we take a look at the two-bedroom comparison from June to July, Memphis experienced a 0.47% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,073.0.

July Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Millington, TN
$1,570
$1,467
$1,432
$1,351
$1,329
$952
$700
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have increased 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 Southaven, MS, Horn Lake, MS, Germantown, TN, Millington, TN .

  • Rent decreased in Cordova, TN, Collierville, TN.

  • 5 suburbs are currently priced higher than the city of Memphis.

  • 1 suburb is currently priced lower than the city of Memphis.

July 2024 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Memphis, TN
$4,189
$3,023
$2,389
$2,340
$1,888
$1,394
$1,253
$1,200
$952
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Memphis Rent Prices More Affordable Than Major Cities

Rent growth in Memphis over the past year has been on the rise. 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 July 1 BR M/M % Change 2 BR July 2 BR M/M % Change
Memphis, TN $952.0 -0.11% $1,068.0 0.28%
Cordova, TN $1,467.0 -0.54% $1,614.0 -0.25%
Southaven, MS $1,329.0 2.23% $1,431.0 -1.85%
Collierville, TN $1,432.0 -1.24% $1,639.0 0.31%
Horn Lake, MS $1,351.0 1.43% $1,462.0 0.62%
Germantown, TN $1,570.0 0.58% $1,882.0 1.02%
Millington, TN $700.0 4.32% $1,500.0 0.00%

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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