Apartments in 38115

1 - 30 of 32 Results
10
The Elevation at Autumn Ridge Apartment for rent in Memphis, TN
$860 - 1,175
6301 Village Grove Dr Memphis, TN
Studio - 2 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
22
The Park at Hollyford Apartment for rent in Memphis, TN
$835 - 1,150
6555 North Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
35
The Park at Paisley Apartment for rent in Memphis, TN
$1,025 - 1,260
3315 Ridgeway Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
19
Classic 3-bedroom Brick Home With Screened Porch And Fireplace Apartment for rent in Memphis, TN
$1,395
3851 Hyacinth Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
4
5203 Flowering Peach Dr Apartment for rent in Memphis, TN
$995
Memphis, TN
2 BR | Aug. 31, 2025
Contact
Dog Friendly
Cat Friendly
House
15
2br Condo For Rent In Memphis Apartment for rent in Memphis, TN
$850
5269 Flowering Peach Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
8
Village Green Apartments Apartment for rent in Memphis, TN
$555 - 835
3450 Fescue Lane Memphis, TN
1 - 3 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
10
2br Condo In Memphis Apartment for rent in Memphis, TN
$795
5217 Flowering Peach Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
5
3768 Cambridge Station Dr Apartment for rent in Memphis, TN
$900
Memphis, TN
Studio | Aug. 25, 2025
Contact
House
1
Welcome To 6343 Kirby Downs Dr! Apartment for rent in Memphis, TN
$1,285
6343 Kirby Downs Dr Memphis, TN
2 BR | Aug. 4, 2025
Contact
House
0
Pine River Village Apartment for rent in Memphis, TN
Call for Pricing
2831 Fosterwood Dr Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
Stonebrook Apartments Apartment for rent in Memphis, TN
$825 - 900
6371 Winchester Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
Welcome To 6279 Kirby Downs Dr! Apartment for rent in Memphis, TN
$1,285
6279 Kirby Downs Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
3471 Kings Arms St Apartment for rent in Memphis, TN
$2,095
Memphis, TN
4 BR | Available Now
Contact
House
1
4 Success Is Now Offering This Spacious 3 Bedroom Home. Apartment for rent in Memphis, TN
$1,100
5640 Pathway Cir Memphis, TN
3 BR | Available Now
Contact
House
1
Charming And Updated 2-bedroom Home For Rent! Apartment for rent in Memphis, TN
$1,235
5571 Blossom Ln Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
0
Charming 2-bedroom, 1.5-bath Condo With Fireplace & Convenient Layout Apartment for rent in Memphis, TN
$1,195
2967 Huntington Trail Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
1
Charming 2 Bedroom Home - Open To Section 8 Apartment for rent in Memphis, TN
$995
3805 S Mendenhall Rd Memphis, TN
2 BR | Available Now
Contact
House
1
5203 Flowering Peach Dr Apartment for rent in Memphis, TN
$995
Memphis, TN
2 BR | Aug. 31, 2025
Contact
Dog Friendly
Cat Friendly
House
5
Eden At Watersedge Apartment for rent in Memphis, TN
Call for Pricing
2774 S Mendenhall Rd Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Pool
36
The Local Apartment for rent in Memphis, TN
$795 - 1,050
3251 Knight Trails Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
5
$615 - 749
6555 Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
10
$520 - 800
2778 Pickering Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Dishwasher
5
$500 - 850
5995 Waterstone Oak Way Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
5
$1,057
6625 Monticello Lane Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Section 8
Covered Parking
5
$739
3315 Ridgeway Rd Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
4
$665 - 790
3888 Autumn Ridge Court Memphis, TN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Balcony/Deck/Patio
15
$1,395
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
42
$810 - 1,110
6355 Briar Patch Lane Memphis, TN
1 - 2 BR | Available Now
Contact
Cat Friendly
Virtual Tour
Luxury
Section 8
Air Conditioning
4
Call for Pricing
6082 Knightsbridge Drive Memphis, TN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Surface Parking
Dishwasher
1 - 30 of 32 Results
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How much does it cost to rent an apartment in 38115?

38115 apartments
Bed Type Average Rent Range
1BR $890 $560 - $1,110
2BR $1,040 $670 - $1,250
3BR $840 $790 - $1,400
Find an Apartment in 38115
Looking for apartments for rent in 38115 Memphis, TN? Rentable currently has 189 units available in this area. The average rent for apartments in 38115 is $960, with the lowest rent for a 1-bedroom floor plan starting at $561.

If you're searching for apartments near 38115, check out Rentable's listings in this area and find the perfect rental that meets your needs.

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.