Apartments in 38111

61 - 90 of 91 Results
1
Charming 3-bedroom Home In Memphis-spacious & Inviting! Apartment for rent in Memphis, TN
$1,550
534 S Greer St Memphis, TN
3 BR | Available Now
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0
Sherwood Flats Apartment for rent in Memphis, TN
$905 - 1,175
3667 Rhodes Ave Memphis, TN
2 - 3 BR | Available Now
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1
Welcome To 1727 Mary Drive! Apartment for rent in Memphis, TN
$1,090
1727 Mary Dr Memphis, TN
2 BR | Jul. 15, 2025
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1
O - Woodland Station Condominiums (37) Apartment for rent in Memphis, TN
$1,195
672 Hobbs Dr Memphis, TN
2 BR | Available Now
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1
644 Kent St Apartment for rent in Memphis, TN
$1,450
Memphis, TN
4 BR | Available Now
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0
3635 Carnes Ave Apartment for rent in Memphis, TN
$1,095
Memphis, TN
2 BR | Ask for Availability
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1
392-394 S Fenwick Apartment for rent in Memphis, TN
$995
Memphis, TN
2 BR | Available Now
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1
3526 Spottswood Ave Apartment for rent in Memphis, TN
$1,150
Memphis, TN
2 BR | Ask for Availability
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1
Nicely Updated Home In High Point Terrace Apartment for rent in Memphis, TN
$2,495
3815 Waynoka Ave Memphis, TN
3 BR | Available Now
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1
Remolded 4 Bedroom 2 Bath Home - Open To Section 8 Apartment for rent in Memphis, TN
$1,550
823 Haynes St Memphis, TN
3 BR | Available Now
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Orange Mound
0
1196 Aubra Rd Apartment for rent in Memphis, TN
$1,095
Memphis, TN
2 BR | Ask for Availability
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1
Welcome To 3638 Marion Ave In Memphis, Tn! Apartment for rent in Memphis, TN
$1,090
3638 Marion Ave Memphis, TN
2 BR | Available Now
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1
Move-in Special! 50% Off First Month’s Rent – Spacious 4-bedroom Home In Memphis! Apartment for rent in Memphis, TN
$1,550
3576 Spottswood Ave Memphis, TN
4 BR | Available Now
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1
Welcome To 1241 Broadmoor St! Apartment for rent in Memphis, TN
$1,690
1241 Broadmoor St Memphis, TN
3 BR | Available Now
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1
Southern Grove Apartments Apartment for rent in Memphis, TN
$1,300
3440 Southern Ave Memphis, TN
1 BR | Aug. 4, 2025
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2
604 Watson St Unit B Apartment for rent in Memphis, TN
$900
Memphis, TN
1 BR | Available Now
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Air Conditioning
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1
Newly Rehabbed Home In U Of M Area Apartment for rent in Memphis, TN
$1,025
3885 Rhodes Ave Memphis, TN
3 BR | Available Now
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1
Your Perfect Home: Renovated 3 Bed, 1 Bath! Apartment for rent in Memphis, TN
$1,435
3800 Vanuys Rd Memphis, TN
3 BR | Available Now
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Spacious 3-bedroom, 1-bath Home For Rent! Apartment for rent in Memphis, TN
$1,415
1003 Echles St Memphis, TN
3 BR | Available Now
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Large 4 Bedroom Home Near U Of M!! (yard Care Included!) Apartment for rent in Memphis, TN
$1,900
3880 Spottswood Ave Memphis, TN
4 BR | Sep. 10, 2025
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1
Gorgeous 3 Bd 2 Bath With Sunroom In Desirable Hedgemoor! Viking Appliances! Pets Are Allowed, Fees Will Apply. Apartment for rent in Memphis, TN
$2,695
3922 Walnut Grove Rd Memphis, TN
3 BR | Aug. 10, 2025
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$935
93 Eastview Dr Memphis, TN
2 BR | Available Now
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3
$1,095
1252 Robin Hood Ln Memphis, TN
3 BR | Ask for Availability
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7
$750
3602 Spottswood Memphis, TN
2 BR | Available Now
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21
$1,350 - 1,800
197 Windover Road #9 Memphis, TN
1 - 3 BR | Available Now
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13
$559 - 1,139
PER ROOM
& UNIT
510 S Highland St Memphis, TN
Studio - 4 BR | Available Now
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Furnished
Student
Covered Parking
In Unit Laundry
9
$975
3554 Vanuys RD Memphis, TN
2 BR | Ask for Availability
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3
$699
461 S Highland St Memphis, TN
2 BR | Available Now
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14
$1,175
3519 Carrington RD Memphis, TN
3 BR | Ask for Availability
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$1,895
3279 Overland Pl Memphis, TN
3 BR | Available Now
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61 - 90 of 91 Results
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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 $1,190 $1,030 - $1,350
1BR $1,390 $710 - $1,540
2BR $1,250 $750 - $1,730
3BR $1,500 $1,010 - $2,430
4+BR $1,900 $1,330 - $3,460
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 193 units available for rent in this area. The average rent in 38111 is $1,300, with the lowest priced floor plan starting at just $710.

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 2025 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
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 0.3% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $999.0.

When we take a look at the two-bedroom comparison from June to July, Memphis experienced a 1.05% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,156.0.

July Prices: Memphis vs. Surrounding Areas

Germantown, TN
Lakeland, TN
Collierville, TN
Southaven, MS
Cordova, TN
Horn Lake, MS
Memphis, TN
Marion, AR
$2,161
$1,808
$1,549
$1,466
$1,442
$1,377
$996
$804
$0
$750
$1,500
$2,250
$3,000
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 5 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, Southaven, MS, Horn Lake, MS, Germantown, TN .

  • Rent decreased in Lakeland, TN, Marion, AR.

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

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

July 2025 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
Memphis, TN
$4,074
$3,214
$2,367
$2,295
$1,876
$1,370
$1,312
$1,250
$996
$0
$1,350
$2,700
$4,050
$5,400
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 $996.0 -0.30% $1,144.0 -0.69%
Cordova, TN $1,442.0 0.77% $1,607.0 0.82%
Collierville, TN $1,549.0 2.65% $1,651.0 0.30%
Southaven, MS $1,466.0 6.46% $1,596.0 10.22%
Horn Lake, MS $1,377.0 0.07% $1,383.0 1.10%
Germantown, TN $2,161.0 1.22% $2,484.0 -0.68%
Lakeland, TN $1,808.0 -2.38% $2,202.0 2.66%
Marion, AR $804.0 -0.99% $950.0 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.