Apartments in 38134

1 - 25 of 25 Results
46
$852 - 1,978
1400 Greenbrook Parkway Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
17
$1,029 - 1,329
Deal
5770 Tangle Oaks Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Pool
24
$720 - 880
6015 Summer Trace Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
11
$1,125
5709 Boyd Ln Bartlett, TN
2 BR | Aug. 5, 2024
Contact
Disability Access
18
$1,115 - 1,250
6130 Bartlett View Ln Bartlett, TN
2 - 3 BR | Jun. 25, 2024
Contact
Disability Access
18
$1,400
Memphis, TN
3 BR | Jul. 19, 2024
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
23
$1,900
Bartlett, TN
3 BR | Jul. 15, 2024
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
15
$1,449
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
5
$1,400
Bartlett, TN
3 BR | Jun. 21, 2024
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
5
$585 - 775
6015 Summer Trace Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Dishwasher
Pool
16
$1,875
1981 Cranberry Dr Memphis, TN
4 BR | Available Now
Contact
House
Dishwasher
7
$2,200
Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
11
$3,900 - 4,700
2820 Kirby Whitten RD Bartlett, TN
Studio | Available Now
Contact
Virtual Tour
Senior Community
11
$1,350
1321 Jane Eyre St Memphis, TN
3 BR | Available Now
Contact
House
Surface Parking
Storage
Dishwasher
14
$1,740
1991 Stone Bridge Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
24
$1,295
6432 Macon Rd Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
16
$488 - 785
2174 Westchester Rd. Memphis, TN
1 - 2 BR | Available Now
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
30
$629 - 951
1490 Century Arbor Ln. Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
13
$850 - 1,075
1835 Sycamore View Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Fitness Center
20
$1,895
2801 Stage Coach Dr Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
13
$1,895
Bartlett, TN
3 BR | Available Now
Contact
House
Storage
Dishwasher
$1,449
3318 Gatewood Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
$1,400
Memphis, TN
3 BR | Available Now
Contact
House
Dishwasher
Fireplace
$1,395
Bartlett, TN
3 BR | Available Now
Contact
House
Air Conditioning
Dishwasher
$1,625
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1 - 25 of 25 Results
  1. Home
  2. Memphis
  3. 38134

How much does it cost to rent an apartment in 38134?

38134 apartments
Bed Type Average Rent Range
1BR $890 $540 - $1,040
2BR $1,060 $710 - $1,200
3BR $1,370 $880 - $1,900
4+BR $1,900 $1,880 - $2,200
Find an Apartment in 38134
Looking for apartments for rent in the 38134 zip code in Memphis, TN? Rentable has a variety of options for you. Currently, there are 105 units available in this area. The average rent in 38134 is $960.

If you're looking for the most affordable option, you can find a 1-bedroom unit starting at $538. This is a great opportunity for those on a budget.

If you're interested in exploring apartments in 38134 Memphis, TN, take a look at Rentable's listings and find the perfect place that suits your needs and budget.

Memphis:
June Rent Report

Welcome to the June 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
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 -0.1% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $952.0.

When we take a look at the two-bedroom comparison from May to June, Memphis experienced a 0.28% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,068.0.

June Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Millington, TN
$1,561
$1,475
$1,450
$1,332
$1,300
$953
$671
$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 5 of the Memphis suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Southaven, MS, Collierville, TN, Horn Lake, MS, Germantown, TN, Millington, TN .

  • Rent decreased in Cordova, TN.

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

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

June 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
$4,132
$3,030
$2,390
$2,331
$1,905
$1,353
$1,259
$1,203
$953
$0
$1,350
$2,700
$4,050
$5,400
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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Memphis, TN $953.0 0.00% $1,065.0 -0.28%
Cordova, TN $1,475.0 -0.07% $1,618.0 -0.37%
Southaven, MS $1,300.0 3.18% $1,458.0 0.07%
Collierville, TN $1,450.0 0.76% $1,634.0 0.12%
Horn Lake, MS $1,332.0 1.37% $1,453.0 1.75%
Germantown, TN $1,561.0 1.10% $1,863.0 0.98%
Millington, TN $671.0 34.20% $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.