Apartments in 38117

1 - 22 of 22 Results
10
$1,395
Memphis, TN
1 BR | Available Now
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House
Storage
Dishwasher
Far Northeasat
29
$1,595
4674 Quince Rd Memphis, TN
4 BR | May. 18, 2024
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
21
$1,825
Memphis, TN
4 BR | Available Now
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House
Storage
16
$1,325
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
14
$1,395
1905 Danville St Memphis, TN
3 BR | May. 17, 2024
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Dog Friendly
Cat Friendly
House
Disability Access
16
$1,195
Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
12
$1,350
Memphis, TN
2 BR | May. 17, 2024
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Dog Friendly
Cat Friendly
House
Air Conditioning
16
$1,295
Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
29
$5,995
Memphis, TN
5 BR | Available Now
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Dog Friendly
House
14
$1,395
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Surface Parking
Storage
10
$1,150
Memphis, TN
2 BR | Available Now
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Disability Access
15
$2,250
Memphis, TN
3 BR | May. 4, 2024
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Dog Friendly
Cat Friendly
House
Surface Parking
Storage
9
$1,250
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
25
$1,695
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
14
$1,795
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
4
$500 - 650
1460 Cherry Rd. Memphis, TN
1 - 3 BR | Available Now
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Student
Dishwasher
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
20
$3,150
Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
2
$1,450
Memphis, TN
3 BR | May. 10, 2024
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Dog Friendly
Cat Friendly
House
Storage
1
$1,080
1867 Poplar Pines Dr Memphis, TN
1 BR | Available Now
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$2,295
Memphis, TN
3 BR | Available Now
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Dog Friendly
House
Storage
Dishwasher
$1,895
Memphis, TN
3 BR | May. 31, 2024
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Dog Friendly
Cat Friendly
House
Surface Parking
Balcony/Deck/Patio
1 - 22 of 22 Results
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  3. 38117

How much does it cost to rent an apartment in 38117?

38117 apartments
Bed Type Average Rent Range
1BR $1,080 $500 - $1,400
2BR $1,400 $1,100 - $3,300
3BR $1,420 $760 - $2,290
4+BR $1,830 $1,600 - $3,150
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 29 units available for rent in 38117, with an average rent of $1,400. 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:
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.