Apartments in 38112

31 - 39 of 39 Results
$975 - 2,750
1550 N Pkwy Memphis, TN
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Dishwasher
1
Historic Midtown Home Ready To Go Apartment for rent in Memphis, TN
$2,495
474 Stonewall St Memphis, TN
3 BR | Ask for Availability
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House
1
1825 Faxon Apartment for rent in Memphis, TN
$2,600
Memphis, TN
4 BR | Aug. 10, 2025
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1
Corbin 304 Apartment for rent in Memphis, TN
$595
304 Scott St Memphis, TN
1 BR | Available Now
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1
Welcome To 664 Pope St In Memphis, Tn! Recent Reduction! Apartment for rent in Memphis, TN
$990
664 Pope St Memphis, TN
2 BR | Available Now
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3
Chickasaw Place Apartments Apartment for rent in Memphis, TN
Call for Pricing
203 Red Oak Dr Memphis, TN
1 - 4 BR | Ask for Availability
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Air Conditioning
Fitness Center
$1,690
375 N Holmes St Memphis, TN
4 BR | Available Now
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Dog Friendly
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17
Georgian Woods Apartment for rent in Memphis, TN
$815 - 915
2451 Union Avenue Memphis, TN
2 BR | Available Now
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Dog Friendly
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Section 8
Air Conditioning
Storage
1
2894 Mimosa Apartment for rent in Memphis, TN
$895
Memphis, TN
2 BR | Available Now
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How much does it cost to rent an apartment in 38112?

38112 apartments
Bed Type Average Rent Range
Studio $1,190 $1,020 - $1,280
1BR $1,280 $640 - $1,520
2BR $2,010 $900 - $2,380
3BR $1,750 $1,150 - $2,300
4+BR $1,650 $1,450 - $2,600
Find an Apartment in 38112
Looking for apartments for rent in 38112 Memphis, TN? Rentable has a variety of options for you to choose from. Currently, there are 147 units available in this zip code. The average rent for apartments in 38112 is $1,280, with the lowest rent for a 1-bedroom floor plan starting at $642.

38112 is home to several parks and points of interest. Overton Park is a vibrant green space offering walking trails, a playground, and the Memphis Zoo. Additionally, Rhodes College, a private liberal arts institution, is located in this zip code.

When searching for apartments near 38112, Rentable is your go-to resource. Explore our listings to find the perfect rental that fits your budget and lifestyle in Memphis, TN.

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.