Apartments in 38141

1 - 17 of 17 Results
1
Beautiful Home For Rent! Apartment for rent in Memphis, TN
$1,950
6819 Marthas Pt Memphis, TN
3 BR | Available Now
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1
Vouchers Accepted!! Renovated In Germantown Trails! Apartment for rent in Memphis, TN
$1,945
4944 Barrington Cv Memphis, TN
3 BR | Available Now
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29
6373 Blue Lake Ln Apartment for rent in Memphis, TN
$1,875
Memphis, TN
2 BR | Jul. 30, 2025
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24
Stylish & Cozy 3-bed Home With Thoughtful Upgrades And Great Flow Apartment for rent in Memphis, TN
$1,595
4520 Trout Valley Dr Memphis, TN
3 BR | Ask for Availability
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5
Beautiful 4-bed, 2.5-bath Brick Home With Attached Garage! Apartment for rent in Memphis, TN
$1,745
6612 Finch Rd Memphis, TN
4 BR | Ask for Availability
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16
6890 Water Point Cv E Apartment for rent in Memphis, TN
$1,795
Memphis, TN
3 BR | Jul. 31, 2025
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5
5729 E Burnette Pl Apartment for rent in Memphis, TN
$1,295
Memphis, TN
3 BR | Available Now
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1
6890 Water Point Cv E Apartment for rent in Memphis, TN
$1,795
Memphis, TN
3 BR | Jul. 31, 2025
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2
Classic 3-bed, 2-bath Brick Home With Fireplace, Carport & Fenced Yard Apartment for rent in Memphis, TN
$1,595
4176 Sunnyslope Dr Memphis, TN
3 BR | Ask for Availability
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1
Welcome To 4559 Quail Ridge Trl! Apartment for rent in Memphis, TN
$1,590
4559 Quail Ridge Trl Memphis, TN
3 BR | Available Now
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Welcome To 5875 Jardin P! Apartment for rent in Memphis, TN
$1,335
5875 Jardin Pl Memphis, TN
2 BR | Jul. 31, 2025
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1
Charming 3-bedroom Home In Southeast Memphis! - Open To Section 8 Apartment for rent in Memphis, TN
$1,645
6565 Mallard Ridge Dr Memphis, TN
3 BR | Available Now
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2
Beautiful 3-bedroom Home With Fireplace, Private Backyard & Garage Apartment for rent in Memphis, TN
$1,495
4324 Sunnyslope Dr Memphis, TN
3 BR | Ask for Availability
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9
6621 Lake Valley Drive Apartment for rent in Memphis, TN
$715
Memphis, TN
3 BR | Available Now
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26
6404 Hayfield Cv Apartment for rent in Memphis, TN
$1,650
Memphis, TN
3 BR | Available Now
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4
Hedgerow Apartment for rent in Memphis, TN
$635 - 890
4733 Heather Row Memphis, TN
1 BR | Available Now
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Income Restricted
Section 8
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1
4551 Crump Rd Apartment for rent in Memphis, TN
$1,450
Memphis, TN
5 BR | Available Now
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1 - 17 of 17 Results
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  3. 38141

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

38141 apartments
Bed Type Average Rent Range
3BR $1,620 $770 - $1,950
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 18 units available in this area. The average rent in 38141 is $1,600, and you can find 3-bedroom floor plans starting at $802.

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:
July Rent Report

Welcome to the July 2025 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2025 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
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
1 BR       2 BR

Memphis Rent Prices Increase From June to July

Memphis rent prices increased over the last month. From June to July, the city experienced a 0.3% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $999.0.

When we take a look at the two-bedroom comparison from June to July, Memphis experienced a 1.05% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,156.0.

July Prices: Memphis vs. Surrounding Areas

Germantown, TN
Lakeland, TN
Collierville, TN
Southaven, MS
Cordova, TN
Horn Lake, MS
Memphis, TN
Marion, AR
$2,161
$1,808
$1,549
$1,466
$1,442
$1,377
$996
$804
$0
$750
$1,500
$2,250
$3,000
Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have increased 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, 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, Southaven, MS, Horn Lake, MS, Germantown, TN .

  • Rent decreased in Lakeland, TN, Marion, AR.

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

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

July 2025 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
Memphis, TN
$4,074
$3,214
$2,367
$2,295
$1,876
$1,370
$1,312
$1,250
$996
$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 on the rise. 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 July 1 BR M/M % Change 2 BR July 2 BR M/M % Change
Memphis, TN $996.0 -0.30% $1,144.0 -0.69%
Cordova, TN $1,442.0 0.77% $1,607.0 0.82%
Collierville, TN $1,549.0 2.65% $1,651.0 0.30%
Southaven, MS $1,466.0 6.46% $1,596.0 10.22%
Horn Lake, MS $1,377.0 0.07% $1,383.0 1.10%
Germantown, TN $2,161.0 1.22% $2,484.0 -0.68%
Lakeland, TN $1,808.0 -2.38% $2,202.0 2.66%
Marion, AR $804.0 -0.99% $950.0 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.