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Apartments in 38128

1 - 30 of 39 Results
32
$875 - 1,230
Hilldale Apartments
3500 Westline Dr Memphis, TN
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
15
$1,095
Very Nice Newly Renovated Home In Raleigh
3358 Brockcrest Cv Memphis, TN
4 BR | Available Now
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House
Disability Access
4
$825
Beverly Springs
2879 Beverly Hill St Memphis, TN
2 BR | Available Now
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Storage
13
$825
2023 Brookline
Memphis, TN
2 BR | May. 10, 2024
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House
Storage
Disability Access
14
$1,195
Fully Updated 3 Bed, 1.5 Bath Home With Wonderful Curb Appeal North Of Memphis.
3503 Brockcliff Cv Memphis, TN
3 BR | Available Now
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House
Storage
14
$1,095
Newly Renovated Home In Raleigh
3612 Ridgemont Rd Memphis, TN
3 BR | Available Now
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House
10
$995
Great 3 Bedroom 1 Bath Home
4777 Royal Ridge Dr Memphis, TN
3 BR | Ask for Availability
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House
10
$1,250
Beautiful 4 Bedroom/2 Bathroom Home!
3781 Rainford Dr Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
13
$1,595
4543 Craigmont Dr
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
15
$1,400
3182 Covington Pike
Memphis, TN
3 BR | May. 17, 2024
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Dog Friendly
Cat Friendly
House
Air Conditioning
6
$1,650
Updated 4/2 In 38128 Approved Section 8
3622 Merritt St Memphis, TN
4 BR | Ask for Availability
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House
15
$1,300
2785 W Hickory Blf
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
15
$1,250
4162 Lansford Dr
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
4
$1,995
4003 Lehi Dr
Memphis, TN
4 BR | Apr. 29, 2024
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Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
11
$1,345
4431 Shadow Leaf Cv
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
17
$1,250
4146 Crain Rd
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
6
$1,195
Apply Now!
3331 Vineyard Haven Pl Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
22
$1,795
Charming 4 Bedroom 2 Bathroom Home
3549 Partridge Cv Memphis, TN
5 BR | Ask for Availability
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House
Air Conditioning
20
$1,195
Beautiful 3 Bedroom, 2 Bathroom Home
4710 Sage Grass Cv Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
19
$1,445
4789 Bent Ct - Available Now!
4789 Bent Ct Memphis, TN
3 BR | Ask for Availability
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House
19
$1,210
3488 Bowman Ave
Memphis, TN
3 BR | May. 31, 2024
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Dog Friendly
Cat Friendly
House
3
$1,395
3483 Coleman Rd
Memphis, TN
3 BR | May. 24, 2024
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Dog Friendly
Cat Friendly
House
3
$1,395
4386 Huntersglen E
Memphis, TN
3 BR | May. 27, 2024
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Dog Friendly
Cat Friendly
House
Air Conditioning
14
$1,175
3292 Cedar Springs Dr
Memphis, TN
3 BR | Available Now
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House
25
$1,245
3849 Walsingham Dr
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
28
$1,350
3278 Spring Valley Cv
Memphis, TN
5 BR | Available Now
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House
Air Conditioning
Storage
Dishwasher
11
$1,175
3268 Sweet Springs Dr
Memphis, TN
3 BR | Available Now
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House
2
$1,495
4445 Shadow Leaf Cv N
Memphis, TN
3 BR | May. 27, 2024
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Dog Friendly
Cat Friendly
House
$765
Greenview Estates Apartments
4715 Hedges Dr Memphis, TN
2 BR | Ask for Availability
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Disability Access
5
$570 - 700
Stonegate Apartment
4500 Stone Gate Dr Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony/Deck/Patio
1 - 30 of 39 Results
  1. Home
  2. Memphis
  3. 38128

How much does it cost to rent an apartment in 38128?

38128 apartments
Bed Type Average Rent Range
1BR $580 $570 - $620
2BR $880 $690 - $1,230
3BR $1,220 $640 - $1,520
4+BR $1,610 $930 - $2,000
Frequently Asked Questions

How many apartments are available in 38128 on Rentable.co?

Rentable.co has 39 apartments available for rent in 38128.

What is the average rent for an apartment in 38128?

The average rent for an apartment in 38128 is around $1,180 per month.

What is the average rent for a two-bedroom apartment in 38128?

The average rent for a two-bedroom apartment in 38128 is around $875 per month.

What is the average rent for a one-bedroom apartment in 38128?

The average rent for a one-bedroom apartment in 38128 is around $575 per month.

Find an Apartment in 38128
Looking for apartments for rent in 38128 Memphis, TN? Rentable has a variety of options available in this area. Currently, there are 47 units available for rent. The average rent in 38128 is $1,180, and you can find 1-bedroom units starting at $570.

38128 is a diverse and vibrant zip code in Memphis, TN. There are several nearby points of interest and community amenities that make this area desirable. Whether you're looking for parks, shopping centers, or restaurants, you'll find plenty of options near apartments 38128 Memphis, TN.

If you're a nature lover, you'll be pleased to know that there are several parks in close proximity to the apartments near 38128. These parks offer opportunities for outdoor activities such as hiking, biking, or simply enjoying a peaceful day surrounded by nature.

With the variety of apartments available in 38128, you're sure to find one that suits your needs and preferences. Whether you're looking for a spacious floor plan or an affordable rental option, Rentable can help you find the perfect apartment in this area. Don't wait any longer, start your search for apartments in 38128 Memphis, TN 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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