Apartments in 38117

1 - 25 of 25 Results
10
$1,295
Memphis, TN
1 BR | Available Now
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Storage
Dishwasher
Far Northeasat
21
$1,750
Memphis, TN
4 BR | Available Now
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Storage
15
$1,400
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
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17
$1,300
Memphis, TN
4 BR | Jul. 31, 2024
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Dog Friendly
Cat Friendly
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19
$1,950
Memphis, TN
3 BR | Jun. 17, 2024
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Storage
Dishwasher
33
$1,600
Memphis, TN
3 BR | Jul. 26, 2024
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Dog Friendly
Cat Friendly
House
22
$1,160
Memphis, TN
3 BR | Aug. 30, 2024
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Dog Friendly
Cat Friendly
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Air Conditioning
Dishwasher
22
$1,950
Memphis, TN
3 BR | Available Now
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House
Storage
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1
$1,250 - 1,450
5140 Wheelis Dr Memphis, TN
2 - 3 BR | Available Now
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29
$5,000
Memphis, TN
5 BR | Available Now
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Dog Friendly
House
9
$1,250
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
29
$1,595
4674 Quince Rd Memphis, TN
4 BR | Available Now
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Cat Friendly
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Storage
Dishwasher
4
$500 - 650
1460 Cherry Rd. Memphis, TN
1 - 3 BR | Available Now
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Student
Dishwasher
18
$1,445
1898 Sea Isle Memphis, TN
3 BR | Available Now
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Cat Friendly
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Disability Access
9
$1,100 - 3,300
505 South Perkins Road Memphis, TN
2 - 3 BR | Available Now
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Heat Included
Luxury
Covered Parking
Storage
Pool
14
$1,795
4837 Flamingo RD Memphis, TN
3 BR | Available Now
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Dog Friendly
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1
$1,090
1867 Poplar Pines Dr Memphis, TN
1 BR | Available Now
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14
$1,495
1905 Danville St Memphis, TN
3 BR | Available Now
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Dog Friendly
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Disability Access
$1,095
1213 Marcia Rd Memphis, TN
3 BR | Available Now
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$1,250
1795 Sea Isle Rd Memphis, TN
3 BR | Available Now
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House
$2,295
Memphis, TN
3 BR | Available Now
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Dog Friendly
House
Storage
Dishwasher
$1,750
979 Wilbec Rd Memphis, TN
3 BR | Available Now
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Cat Friendly
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$2,795
286 Belhaven St Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
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$1,850
5040 Sea Isle Memphis, TN
3 BR | Available Now
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Dishwasher
$2,200
1261 W Perkins Rd Memphis, TN
5 BR | Jun. 17, 2024
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1 - 25 of 25 Results
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How much does it cost to rent an apartment in 38117?

38117 apartments
Bed Type Average Rent Range
1BR $1,090 $500 - $1,300
2BR $1,400 $1,100 - $3,300
3BR $1,560 $780 - $2,640
4+BR $2,350 $1,300 - $5,000
Find an Apartment in 38117
Looking for apartments for rent in 38117 Memphis, TN? Rentable has a variety of rental options available in this area. Currently, there are 34 units available for rent in 38117, with an average rent of $1,470. The minimum rent for a 1-bedroom floor plan starts at $500.

If you're in search of apartments near 38117, Rentable has a wide selection of options to choose from. Whether you're looking for a studio, one-bedroom, or larger unit, you can find it here. Browse through our listings and discover the perfect apartment that suits your needs and budget.

With its convenient location in Memphis, TN, the apartments in 38117 provide easy access to a variety of amenities and attractions. Whether you're looking to explore nearby shopping centers, dine at local restaurants, or enjoy recreational activities, there is something for everyone in this area.

Don't miss out on the opportunity to find your ideal apartment in 38117. Explore Rentable's listings today and start your search for the perfect rental in Memphis, TN.

Memphis:
June Rent Report

Welcome to the June 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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

$1,200
$900
$600
$300
$0
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
1 BR       2 BR

Memphis Rent Prices Decrease From May to June

Memphis rent prices decreased over the last month. From May to June, the city experienced a -0.1% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $952.0.

When we take a look at the two-bedroom comparison from May to June, Memphis experienced a 0.28% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,068.0.

June Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Millington, TN
$1,561
$1,475
$1,450
$1,332
$1,300
$953
$671
$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 5 of the Memphis suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Southaven, MS, Collierville, TN, Horn Lake, MS, Germantown, TN, Millington, TN .

  • Rent decreased in Cordova, TN.

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

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

June 2024 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Memphis, TN
$4,132
$3,030
$2,390
$2,331
$1,905
$1,353
$1,259
$1,203
$953
$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 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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Memphis, TN $953.0 0.00% $1,065.0 -0.28%
Cordova, TN $1,475.0 -0.07% $1,618.0 -0.37%
Southaven, MS $1,300.0 3.18% $1,458.0 0.07%
Collierville, TN $1,450.0 0.76% $1,634.0 0.12%
Horn Lake, MS $1,332.0 1.37% $1,453.0 1.75%
Germantown, TN $1,561.0 1.10% $1,863.0 0.98%
Millington, TN $671.0 34.20% $1,500.0 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.