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Apartments in 38122

1 - 30 of 42 Results
10
$1,095 - 1,225
Allison Gardens Apartments
427 N Graham Memphis, TN
2 BR | Available Now
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11
$595 - 650
3803 Given Ave
Memphis, TN
1 - 2 BR | Available Now
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Storage
6
$835
3501 Vernon Ave
Memphis, TN
2 BR | Jul. 29, 2024
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House
Storage
9
$995
Lovely 3 Bedroom, 1 Bath Home
3932 Pleasant Cv Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
14
$1,195
4798 Mccrory Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
11
$895
920 Isabelle St
Memphis, TN
2 BR | Available Now
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House
Air Conditioning
15
$1,095
380 N Highland
Memphis, TN
2 BR | Available Now
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House
Air Conditioning
Storage
High Point Terrace
0
$995
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3532 Kallaher Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$750
Available Now!
1176 Weiner Rd Memphis, TN
2 BR | Available Now
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House
0
$2,050
3 Bed, 2 Bath In High Point, (could Be A 4 Bedroom)
4023 Philwood Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
7
$550
Summerwood Apartments
4015 Summer Ave Memphis, TN
1 BR | Available Now
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Air Conditioning
Storage
Disability Access
28
$1,150
Text The Leasing Team At 901-820-4367 To Schedule Your Tour Today!
3568 Coleman Ave Memphis, TN
3 BR | Available Now
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House
18
$1,695
344 N Highland St
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
High Point Terrace
12
$1,425
3 Br/3 Ba Townhome In High Point Terrace
435 N Highland #1 Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
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Dishwasher
23
$1,050
Register Your Account With Rently To Schedule Your Self Tour Of This Property!
3644 Faxon Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
9
$1,195
977 N White Station Rd
Memphis, TN
2 BR | Available Now
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House
15
$595
Text The Leasing Team At 901-820-4367 To Schedule Your Tour Today!
1096 Gordon St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
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15
$1,045
2 Bedroom, 1 Bath Home
3447 Tutwiler Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
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5
$825
Berclair
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
12
$995
3523 Barwood Cir
Memphis, TN
1 BR | Available Now
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Air Conditioning
Surface Parking
Storage
Dishwasher
High Point Terrace
5
$625
Shady Oaks Apartments
516-522 Sharon Dr Memphis, TN
1 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
20
$1,495
Rare Vacancy! Well Cared For 3 Bed With Huge Shed!
4596 Mccrory St Memphis, TN
3 BR | Aug. 2, 2024
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Dog Friendly
Cat Friendly
House
10
$725
1 Bed, 1 Bath (new Appliances) In Berclair
3727 Faxon Ave Memphis, TN
1 BR | Available Now
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6
$750
The Summer Oaks Apartments
4030 Summer Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
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Disability Access
16
$1,095
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1117 Biltmore St Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
16
$795
1051 Treadwell St
Memphis, TN
2 BR | Available Now
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House
Air Conditioning
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11
$575
3582 Rockwood
Memphis, TN
2 BR | Available Now
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House
30
$1,095
*first Month Rent Free* Freshly Renovated 2 Bedroom Apartment In High Point Terrace!
3525 Barwood Cir Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
High Point Terrace
4
$795
595 Cadraca Dr
Memphis, TN
2 BR | Ask for Availability
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Section 8
5
$675
3367 Hardin Ave
Memphis, TN
2 BR | Ask for Availability
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Air Conditioning
1 - 30 of 42 Results
  1. Home
  2. Memphis
  3. 38122

How much does it cost to rent an apartment in 38122?

38122 apartments
Bed Type Average Rent Range
1BR $630 $550 - $1,000
2BR $830 $550 - $1,200
3BR $1,200 $1,000 - $2,090
Frequently Asked Questions

How many apartments are available in 38122 on Rentable.co?

Rentable.co has 42 apartments available for rent in 38122.

What is the average rent for an apartment in 38122?

The average rent for an apartment in 38122 is around $1,000 per month.

What is the average rent for a two-bedroom apartment in 38122?

The average rent for a two-bedroom apartment in 38122 is around $825 per month.

What is the average rent for a one-bedroom apartment in 38122?

The average rent for a one-bedroom apartment in 38122 is around $625 per month.

Find an Apartment in 38122
Looking for apartments for rent in 38122 Memphis, TN? Rentable has a variety of rental options available in this area. Currently, there are 47 units available for rent. The average rent in 38122 is $1,000, with the lowest priced floor-plan type starting at $550.

If you are searching for apartments near 38122, consider exploring Rentable's listings in this area. With a variety of rental options available, you can find the perfect apartment that meets your needs and preferences. Take a look at the available apartments in 38122 Memphis, TN and start your search for your new home today.

Memphis:
July Rent Report

Welcome to the July 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
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 0.42% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $956.0.

When we take a look at the two-bedroom comparison from June to July, Memphis experienced a 0.47% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,073.0.

July Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Millington, TN
$1,570
$1,467
$1,432
$1,351
$1,329
$952
$700
$0
$550
$1,100
$1,650
$2,200
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 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 Southaven, MS, Horn Lake, MS, Germantown, TN, Millington, TN .

  • Rent decreased in Cordova, TN, Collierville, TN.

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

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

July 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
$4,189
$3,023
$2,389
$2,340
$1,888
$1,394
$1,253
$1,200
$952
$0
$1,400
$2,800
$4,200
$5,600
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 $952.0 -0.11% $1,068.0 0.28%
Cordova, TN $1,467.0 -0.54% $1,614.0 -0.25%
Southaven, MS $1,329.0 2.23% $1,431.0 -1.85%
Collierville, TN $1,432.0 -1.24% $1,639.0 0.31%
Horn Lake, MS $1,351.0 1.43% $1,462.0 0.62%
Germantown, TN $1,570.0 0.58% $1,882.0 1.02%
Millington, TN $700.0 4.32% $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.

Browse Memphis Apartments
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