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Apartments in 38122

1 - 30 of 32 Results
19
$975
4448 Powell Ave
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
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
Storage
23
$1,195
Adorable 3/2 Now Available For Rent In Grahamwood!
3644 Faxon Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
12
$1,425
435 N Highland #1
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
28
$1,200
Adorable 3/1 Home Now Available For Rent!!
3568 Coleman Ave Memphis, TN
3 BR | Available Now
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House
10
$895
1 Bed, 1 Bath (new Appliances) In Berclair
3727 Faxon Ave Memphis, TN
1 BR | Available Now
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House
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
Storage
Disability Access
5
$695
Shady Oaks Apartments
516-522 Sharon Dr Memphis, TN
2 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
12
$1,250
4798 Mccrory Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
9
$990
920 Isabelle St
Memphis, TN
2 BR | Available Now
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House
18
$1,395
Move In Special!!!
4335 Macon Rd Memphis, TN
4 BR | Ask for Availability
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House
Air Conditioning
2
$825
Berclair
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
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
15
$650
Duplex Located In Berclair/ Highland Heights Available For Rent + Move- In Ready + Call For Showings
1096 Gordon St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
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Storage
13
$995
1167 National St
Memphis, TN
3 BR | Available Now
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House
12
$995
3523 Barwood Cir
Memphis, TN
1 BR | May. 17, 2024
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Air Conditioning
Surface Parking
Storage
Dishwasher
High Point Terrace
16
$795
1051 Treadwell St
Memphis, TN
2 BR | Available Now
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House
Air Conditioning
Storage
9
$1,195
977 N White Station Rd
Memphis, TN
2 BR | Available Now
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House
2
$850 - 1,095
Allison Gardens Apartments
427 N Graham Memphis, TN
1 - 2 BR | Available Now
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$795
Lovely 2 Bedroom, 1 Bathroom Duplex Home
3369 Hardin Ave Memphis, TN
2 BR | Ask for Availability
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House
Air Conditioning
9
$795
3422 Tutwiler Ave
Memphis, TN
2 BR | Available Now
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House
$750
Available Now!
1176 Weiner Rd Memphis, TN
2 BR | Available Now
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House
$1,299
3 Bed & 1 Bath House In Memphis / No Pets Allowed / Available Now!
1010 Wingfield Rd Memphis, TN
3 BR | Available Now
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House
Balcony/Deck/Patio
Dishwasher
1
$500
4460 Powell
Memphis, TN
2 BR | Available Now
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In Unit Laundry
5
$675
3367 Hardin Ave
Memphis, TN
2 BR | Ask for Availability
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Air Conditioning
4
$795
595 Cadraca Dr
Memphis, TN
2 BR | Ask for Availability
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Section 8
11
$575
3582 Rockwood
Memphis, TN
2 BR | Available Now
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House
$1,895
3781 Kenwood
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
High Point Terrace
0
$900
Buchanan
Memphis, TN
2 BR | Ask for Availability
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Den
1
$475
3803 Given
Memphis, TN
2 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
1 - 30 of 32 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 $870 $850 - $1,000
2BR $830 $490 - $1,120
3BR $1,270 $1,000 - $1,900
Frequently Asked Questions

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

Rentable.co has 32 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 $870 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 $872 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 35 units available for rent. The average rent in 38122 is $900, with the lowest priced floor-plan type starting at $493.

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:
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.

Browse Memphis Apartments
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