Apartments in 38135

1 - 8 of 8 Results

22

$1,595

Renovated 3br/2ba With Fenced In Yard!

3749 Beckman Dr Bartlett, TN

3 BR | Available Now

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Dog Friendly

Cat Friendly

House

21

$1,295

Beautiful 2 Bedroom, 2 Bathroom Home

6559 Sungate Dr S Memphis, TN

2 BR | Ask for Availability

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House

Air Conditioning

14

$1,695

6800 Autumnhill Ln

Bartlett, TN

3 BR | May. 17, 2024

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Dog Friendly

Cat Friendly

House

Air Conditioning

3

$2,125

7073 Scepter - Available Now!

7073 Scepter Dr Bartlett, TN

4 BR | Ask for Availability

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House

14

$1,795

5438 Sungrove Circle N

Memphis, TN

4 BR | Available Now

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Dog Friendly

Cat Friendly

Balcony/Deck/Patio

Dishwasher

$1,995

Great Bartlett Home! 1 Level! No Carpet! Storage Shed In Backyard! We Secure The Tenant; Owner Will Manage.

6688 Laurel Valley Dr Bartlett, TN

3 BR | Available Now

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House

15

$1,950

4593 Tulip Run Dr

Memphis, TN

3 BR | Available Now

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House

Storage

Dishwasher

$2,400

Available Now!

6057 Daybreak Dr Bartlett, TN

4 BR | Available Now

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House

Dishwasher

1 - 8 of 8 Results

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Memphis
38135

Find an Apartment in 38135

Are you in search of apartments for rent near 38135 in Memphis, TN? Look no further! Rentable currently has a variety of units available in this area, with a total of 8 options to choose from. The average rent for apartments in 38135 is $1,870, and you can find units starting at just $1,595 for a 3-bedroom floor plan.

If you're ready to find your next rental, check out Rentable's selection of apartments near 38135 Memphis, TN. With a variety of options and affordable rent prices, you're sure to find the perfect place for your needs.

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.