Apartments in 38127

61 - 90 of 94 Results
1
$1,115
5104 Corkwood Dr Memphis, TN
3 BR | Jul. 6, 2026
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$1,190
3521 Steele St Memphis, TN
3 BR | Available Now
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$1,125
1622 Alta Vista Ave Memphis, TN
3 BR | Available Now
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1
$865
2551 Dakar Ave Memphis, TN
3 BR | Available Now
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1
$1,135
3575 Kensett Dr Memphis, TN
3 BR | Available Now
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$850
3329 Madewell Dr Memphis, TN
2 BR | Available Now
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1
$1,065
3477 Kensett Dr Memphis, TN
3 BR | Available Now
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$1,135
504 Elmfield Cv Memphis, TN
3 BR | Available Now
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$990
961 Carrolton Rd Memphis, TN
3 BR | Jul. 31, 2026
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1
$1,235
2714 James Rd Memphis, TN
3 BR | Available Now
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1
$1,135
2076 Willow Wood Ave Memphis, TN
3 BR | Jul. 10, 2026
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$990
5168 Corkwood Dr Memphis, TN
3 BR | Available Now
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1
$799 - 999
4144 Thomas St Memphis, TN
1 BR | Available Now
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$1,175
2348 Millbrook Ave Memphis, TN
3 BR | Available Now
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$1,190
3825 Rangeline Rd Memphis, TN
3 BR | Jul. 8, 2026
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$1,350
3585 Winston Dr Memphis, TN
4 BR | Available Now
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1
$995
3013 Morningside St Memphis, TN
3 BR | Available Now
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1
$1,135
5286 Broken Oak Dr Memphis, TN
3 BR | Available Now
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$1,145
5362 Breckenwood Dr Memphis, TN
3 BR | Ask for Availability
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$975
5132 Blacksmith Dr Memphis, TN
3 BR | Ask for Availability
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$1,195
1885 Dessa Dr Memphis, TN
3 BR | Available Now
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$1,350
2023 Whitney Ave Memphis, TN
3 BR | Available Now
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1
$995
914 Restbrook Ave Memphis, TN
3 BR | Available Now
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1
$1,065
3203 Aden St Memphis, TN
3 BR | Available Now
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2
$995
5387 Beaverton Dr Memphis, TN
3 BR | Ask for Availability
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$895
Memphis, TN
3 BR | Available Now
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$1,335
5095 Corkwood Dr Memphis, TN
3 BR | Jul. 6, 2026
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$1,100
3514 Hallbrook St Memphis, TN
3 BR | Available Now
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5
$1 - 900
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
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$1,095
Memphis, TN
3 BR | Available Now
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61 - 90 of 94 Results
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How much does it cost to rent an apartment in 38127?

38127 apartments
Bed Type Average Rent Range
1BR $800 $640 - $1,000
2BR $850 $700 - $1,100
3BR $1,100 $890 - $1,350
4+BR $1,190 $1,000 - $1,830
Find an Apartment in 38127
Are you searching for apartments in the 38127 zip code area of Memphis, TN? You've come to the right place! On Rentable, there are currently 111 units available for rent in this location. The average rent for apartments in 38127 is $1,090, with 1-bedroom units starting at $639.

Whether you're looking for a spacious one-bedroom or a cozy studio, you can find a variety of options among the available units in 38127. Explore Rentable's listings and discover the perfect apartment that fits your needs and budget. Start your search for apartments near 38127 Memphis, TN today!

Memphis:
June Rent Report

Welcome to the June 2026 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2026 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
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
Jun. 2026
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% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from May to June, Memphis experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $.

June Prices: Memphis vs. Surrounding Areas

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 0 of the Memphis suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Memphis suburbs

  • Rents did not decrease in any of the Memphis suburbs.

June 2026 Pricing Trends: Memphis vs. National Comparisons

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

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.