Apartments in 38111

61 - 85 of 85 Results
1
$1,100
Memphis, TN
2 BR | Available Now
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1
$1,435
3827 Vanuys Rd Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$750
3516 Carnes Ave Memphis, TN
1 BR | Sep. 18, 2026
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1
$1,235
964 Brower St Memphis, TN
4 BR | Aug. 7, 2026
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Dog Friendly
Cat Friendly
House
1
$1,250
4016 Rhodes Ave Memphis, TN
3 BR | Available Now
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House
1
$1,695
3576 Spottswood Ave Memphis, TN
4 BR | Available Now
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House
1
$1,295
Memphis, TN
2 BR | Available Now
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House
1
$1,250
2676 Central Ter Memphis, TN
2 BR | Available Now
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House
Dishwasher
1
$950
2673 Midland Ave Memphis, TN
3 BR | Available Now
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House
1
$1,000
3570 Mynders Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
0
$965
93 Eastview Dr Memphis, TN
2 BR | Available Now
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1
$699
3885 Spottswood Ave Memphis, TN
1 BR | Available Now
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1
$775
Memphis, TN
1 BR | Jul. 2, 2026
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House
1
$1,200
Memphis, TN
2 BR | Aug. 14, 2026
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Dog Friendly
Cat Friendly
House
1
$695
Memphis, TN
1 BR | Available Now
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1
$995
3645 Allandale Rd Memphis, TN
2 BR | Ask for Availability
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House
Air Conditioning
21
$1,350 - 1,800
197 Windover Road #9 Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
Air Conditioning
In Unit Laundry
7
$750
3602 Spottswood Memphis, TN
2 BR | Available Now
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In Unit Laundry
Balcony/Deck/Patio
Dishwasher
13
$559 - 1,139
PER ROOM
& UNIT
510 S Highland St Memphis, TN
Studio - 4 BR | Available Now
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Heat Included
Furnished
Student
Covered Parking
In Unit Laundry
5
$800
613 Brister St Memphis, TN
1 BR | Available Now
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Balcony/Deck/Patio
9
$975
3554 Vanuys RD Memphis, TN
2 BR | Ask for Availability
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Dishwasher
3
$699
461 S Highland St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
Storage
14
$1,175
3519 Carrington RD Memphis, TN
3 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
Dishwasher
1
$1,895
3279 Overland Pl Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
1
$599
Memphis, TN
3 BR | Available Now
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61 - 85 of 85 Results
  1. Home
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  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 $870 $700 - $1,410
2BR $1,000 $750 - $1,600
3BR $1,300 $900 - $2,210
4+BR $1,650 $1,240 - $2,600
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 255 units available for rent in this area. The average rent in 38111 is $1,030, with the lowest priced floor plan starting at just $700.

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:
June Rent Report

Welcome to the June 2026 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2026 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
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
Jun. 2026
1 BR       2 BR

Memphis Rent Prices Decrease From May to June

Memphis rent prices decreased over the last month. From May to June, 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 May to June, 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 $.

June 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.

June 2026 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 June 1 BR M/M % Change 2 BR June 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.