Apartments in 38107

1 - 25 of 25 Results

41

$1,815 - 2,825

Meridian Park

1700 Elkstone Drive South Collierville, TN

1 - 3 BR | Available Now

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Dog Friendly

Cat Friendly

Virtual Tour

Luxury

Surface Parking

8

$1,050

Adorable 2 Bed Bungalow In Vollintine Evergreen

874 Garland St Memphis, TN

2 BR | Available Now

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House

15

$1,495

Charming Midtown Bungalow

780 Dickinson St Memphis, TN

3 BR | Jun. 1, 2024

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House

Air Conditioning

Disability Access

Dishwasher

Voillintine-Evergreen

12

$1,225

Newly Renovated Home In North Memphis

925 Lewis St Memphis, TN

3 BR | Available Now

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House

10

$1,195

1558 Tutwiler

Memphis, TN

1 BR | Available Now

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Dishwasher

5

$659 - 920

University Gardens Manor

2059 N Cabana Cir Memphis, TN

1 - 2 BR | Available Now

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Fitness Center

Storage

Disability Access

16

$1,550

660 N Idlewild

Memphis, TN

2 BR | Available Now

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Storage

Voillintine-Evergreen

7

$1,050

Adorable 2 Bed Bungalow In Vollintine Evergreen

806 N Mcneil St Memphis, TN

2 BR | Available Now

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12

$1,450

965 University St

Memphis, TN

3 BR | Available Now

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Voillintine-Evergreen

13

$775

1536 Tutwiler Ave

Memphis, TN

1 BR | Available Now

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Cat Friendly

Storage

Disability Access

1

$665

1415 Breedlove St

Memphis, TN

1 BR | Ask for Availability

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Air Conditioning

New Chicago

$625

226 N. Fourth

Memphis, TN

1 BR | Available Now

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11

$799

The Kendall

1018 N 7th St Memphis, TN

2 BR | Available Now

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Cat Friendly

$750

862 Pearce

Memphis, TN

2 BR | Available Now

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Dog Friendly

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$1,000

770 N Evergreen

770 N Evergreen St Memphis, TN

1 BR | Available Now

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Dishwasher

Voillintine-Evergreen

17

$1,350

881 N Auburndale St

Memphis, TN

3 BR | Available Now

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Disability Access

Voillintine-Evergreen

9

$1,150

1554 Tutwiler

Memphis, TN

1 BR | Available Now

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$800

Newly Renovated 2 Bedroom !

823 Pearce St Memphis, TN

2 BR | Available Now

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House

$850

Cozy 2 Bedroom Home!

825 Dunlap Cir Memphis, TN

2 BR | Available Now

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11

$835

800 Maury St

Memphis, TN

2 BR | Jul. 12, 2024

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Cat Friendly

Air Conditioning

Balcony/Deck/Patio

Storage

28

$1,295

196 Saffarans

Memphis, TN

4 BR | Available Now

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Cat Friendly

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Storage

$800

Adorable Two Bedroom Home!

856 Dunlap St Memphis, TN

2 BR | Available Now

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5

$25 - 992

Saints Courts Apartments

Deal

994 N Watkins St Memphis, TN

1 - 2 BR | Available Now

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Income Restricted

$1,400

659 Pearce

Memphis, TN

4 BR | Available Now

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House

$750

Text The Leasing Team At 901-820-4367 To Schedule Your Tour Today!

864 Pearce St Memphis, TN

2 BR | Available Now

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1 - 25 of 25 Results

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Memphis
38107

Find an Apartment in 38107

Are you looking for apartments near 38107 in Memphis, TN? Rentable has a selection of rental options available for you. Currently, there are 116 units available for rent in this area. The average rent in 38107 is $710, and you can find apartments starting at $637 for a 1-bedroom floor plan.

Within 38107, you'll find a variety of rental options to suit your needs. Whether you're searching for a cozy studio or a spacious two-bedroom apartment, there are choices available at different price ranges. With 116 units to choose from, you can easily find a rental that fits your budget and preferences.

Renting an apartment in the 38107 area of Memphis, TN offers convenience and access to the city's amenities. From dining and shopping options to entertainment venues and cultural attractions, everything you need is within reach. Don't miss out on the opportunity to secure your ideal rental in 38107.

Explore Rentable's apartments 38107 Memphis, TN listings and start your search today. Find the perfect place to call home and enjoy all that the area has to offer.

Memphis:
May Rent Report

Welcome to the May 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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 April to May

Memphis rent prices decreased over the last month. From April to May, 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 April to May, 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.

May Prices: Memphis vs. Surrounding Areas

Germantown, TN

Cordova, TN

Collierville, TN

Horn Lake, MS

Southaven, MS

Memphis, TN

Millington, TN

$1,544

$1,476

$1,439

$1,314

$1,260

$953

$500

$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 2 of the Memphis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Horn Lake, MS, Collierville, TN .
Rent decreased in Cordova, TN, Southaven, MS, Germantown, TN, Millington, TN.
5 suburbs are currently priced higher than the city of Memphis.
1 suburb is currently priced lower than the city of Memphis.

May 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

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,178

$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 May	1 BR M/M % Change	2 BR May	2 BR M/M % Change
Memphis, TN	$953.0	-0.52%	$1,068.0	-0.19%
Cordova, TN	$1,476.0	-0.14%	$1,624.0	-0.61%
Southaven, MS	$1,260.0	-0.79%	$1,457.0	1.39%
Horn Lake, MS	$1,314.0	0.84%	$1,428.0	-0.49%
Collierville, TN	$1,439.0	3.01%	$1,632.0	0.00%
Germantown, TN	$1,544.0	-0.07%	$1,845.0	0.55%
Millington, TN	$500.0	0.00%	$1,500.0	42.45%

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.