Apartments in 38114

1 - 30 of 30 Results
$995
2038-2046 Southern Ave Memphis, TN
1 BR | Available Now
Contact
Dishwasher
Cooper-Young
22
$1,295
1991 Quinn Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
15
$770
Memphis, TN
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Orange Mound
6
$1,195
2531 Frisco Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
10
$1,150
Memphis, TN
3 BR | Aug. 1, 2025
Contact
House
14
$1,425
Memphis, TN
4 BR | Ask for Availability
Contact
House
Orange Mound
10
$1,800
Memphis, TN
3 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
14
$1,550
Memphis, TN
4 BR | Available Now
Contact
House
8
$2,195
1794 Foster Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Dishwasher
1
$1,350
1896 Glory Cir Memphis, TN
3 BR | Available Now
Contact
House
2
$895
2681 Dunn Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$1,150
Memphis, TN
3 BR | Ask for Availability
Contact
House
Orange Mound
1
$1,900
2092 E Mclemore Ave Memphis, TN
3 BR | Available Now
Contact
House
Cooper-Young
1
$1,300
2477 Boyle Ave Memphis, TN
3 BR | Available Now
Contact
House
1
$2,035
1692 Euclid Ave Memphis, TN
3 BR | Jul. 10, 2025
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
3
$900
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
1
$1,035
1401 Alamo St Memphis, TN
3 BR | Jul. 15, 2025
Contact
Dog Friendly
Cat Friendly
House
1
$965
2031 Quinn Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$800
2844 Brewer Avenue Memphis, TN
3 BR | Available Now
Contact
House
1
$550
Memphis, TN
1 BR | Available Now
Contact
House
Orange Mound
1
$770 - 870
1020 Boston St Memphis, TN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Orange Mound
1
$1,395
1491 Dallas St Memphis, TN
4 BR | Ask for Availability
Contact
House
Air Conditioning
Orange Mound
1
$750
Memphis, TN
1 BR | Ask for Availability
Contact
Orange Mound
1
$1,450
Memphis, TN
4 BR | Available Now
Contact
House
1
$750
2134 Goff Ave Memphis, TN
2 BR | Available Now
Contact
House
$770 - 870
Memphis, TN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Orange Mound
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
$565
3000 Barron Avenue Memphis, TN
2 BR | Available Now
Contact
Student
In Unit Laundry
1
$525 - 600
1175 Barron Court Memphis, TN
2 BR | Available Now
In Unit Laundry
1 - 30 of 30 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 - $1,000
2BR $770 $530 - $960
3BR $1,250 $810 - $2,160
4+BR $1,440 $1,400 - $1,550
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 34 units for rent in the 38114 zip code, with an average rent of $970. 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:
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.