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Apartments in 38141

1 - 13 of 13 Results
10
$1,150
Beautiful 2 Bedroom, 2 Bathroom Home!
4217 Cedartree Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
10
$1,325
4376 French Market Cir
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
29
$1,495
5811 Jardin Pl
Memphis, TN
3 BR | Ask for Availability
Contact
House
3
$1,400
6496 Frosty Leaf Dr
Memphis, TN
3 BR | May. 17, 2024
Contact
Dog Friendly
Cat Friendly
House
2
$1,495
4185 Sunnyslope Dr - Available Now!
4185 Sunnyslope Dr Memphis, TN
4 BR | Ask for Availability
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House
2
$1,495
6293 Hayfield - Available Now!
6293 Hayfield Ln W Memphis, TN
3 BR | Ask for Availability
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House
11
$1,650
4126 Naragansett Cv
Memphis, TN
3 BR | Available Now
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9
$715
6621 Lake Valley Drive
Memphis, TN
3 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
House
Air Conditioning
18
$1,475
5969 Hickory Trace Cv
Memphis, TN
3 BR | Available Now
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House
26
$1,650
6404 Hayfield Cv
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
4
$635 - 890
Hedgerow
4733 Heather Row Memphis, TN
1 BR | Available Now
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Income Restricted
Section 8
Pool
1
$1,450
4551 Crump Rd
Memphis, TN
5 BR | Available Now
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House
$1,250
4262 Plum Valley Cv
Memphis, TN
2 BR | Available Now
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House
Balcony/Deck/Patio
Storage
Dishwasher
1 - 13 of 13 Results
  1. Home
  2. Memphis
  3. 38141

How much does it cost to rent an apartment in 38141?

38141 apartments
Bed Type Average Rent Range
3BR $1,490 $720 - $1,650
Frequently Asked Questions

How many apartments are available in 38141 on Rentable.co?

Rentable.co has 13 apartments available for rent in 38141.

What is the average rent for an apartment in 38141?

The average rent for an apartment in 38141 is around $1,450 per month.

Find an Apartment in 38141
Looking for apartments for rent in the 38141 zip code in Memphis, TN? Rentable has a variety of options available for you. Currently, there are 13 units available in this area. The average rent in 38141 is $1,450, and you can find 3-bedroom floor plans starting at $715.

The 38141 zip code is located in southeast Memphis and offers a convenient location near several amenities. If you enjoy spending time outdoors, you'll be glad to know that there are parks and green spaces nearby where you can relax or engage in recreational activities.

If you're looking for nearby points of interest, you'll find that 38141 is close to various shopping centers, restaurants, and entertainment options. Whether you prefer exploring the local cuisine or indulging in some retail therapy, you'll have plenty of choices in this area.

If you're ready to find your next rental in the 38141 zip code, Rentable has a range of apartments available for you to choose from. Take a look at our listings and find the one that suits your needs and preferences. Don't miss out on the opportunity to secure your ideal apartment in 38141 Memphis, TN.

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.

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