Apartments in 38114

1 - 22 of 22 Results
25
$750
1337 Chadwick Cir Memphis, TN
2 BR | May. 4, 2024
Contact
Dog Friendly
Cat Friendly
8
$995
1901 Netherwood Ave Memphis, TN
2 BR | Available Now
Contact
House
18
$1,275
1261 Worthington St Memphis, TN
3 BR | Available Now
Contact
House
Disability Access
15
$825
2277 Longstreet Dr. Memphis, TN
2 BR | Available Now
Contact
House
11
$849
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
13
$950
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
10
$950
Memphis, TN
3 BR | May. 1, 2024
Contact
House
Dishwasher
14
$999
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
6
$1,295
2531 Frisco Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
4
$895
Memphis, TN
1 BR | Available Now
Contact
Disability Access
Cooper-Young
1
$650
Memphis, TN
1 BR | Ask for Availability
Contact
Orange Mound
11
$1,045
Memphis, TN
3 BR | Available Now
Contact
House
Orange Mound
8
$1,095
Memphis, TN
2 BR | Available Now
Contact
Balcony/Deck/Patio
Dishwasher
Cooper-Young
$795
1364 Chadwick Cir Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
$995
1826 Netherwood Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
Call for Pricing
Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$500 - 610
2743 Ketchum Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,200
Memphis, TN
3 BR | Available Now
Contact
House
1
$565
3000 Barron Avenue Memphis, TN
2 BR | Available Now
Contact
Student
In Unit Laundry
$700
Memphis, TN
Studio | Available Now
Contact
House
1
$525 - 600
1175 Barron Court Memphis, TN
2 BR | Available Now
In Unit Laundry
$799
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
1 - 22 of 22 Results
  1. Home
  2. Memphis
  3. 38114

How much does it cost to rent an apartment in 38114?

38114 apartments
Bed Type Average Rent Range
1BR $650 $500 - $900
2BR $810 $530 - $1,080
3BR $1,120 $950 - $1,300
Find an Apartment in 38114
Looking for apartments for rent in 38114 Memphis, TN? Rentable has a variety of options available in this area. Currently, there are 22 units for rent in the 38114 zip code, with an average rent of $900. The minimum rent for a 1-bedroom apartment is $500.

One of the top neighborhoods in 38114 is Cooper-Young, known for its vibrant community and trendy atmosphere. Within this area, you can find a range of amenities, including local parks, restaurants, and shops. Cooper-Young is a popular choice for those seeking a lively neighborhood in close proximity to downtown Memphis.

If you're considering apartments near 38114, Rentable has you covered. Explore the available options on our website and find the perfect rental that fits your needs. Whether you're searching for a spacious floor plan or looking for affordability, you'll find a variety of choices to suit your preferences in 38114 Memphis, TN. Start your rental search today and discover the apartment that's right for you.

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.