Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Memphis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments in 38111

31 - 60 of 88 Results
9
$1,195
4236 Boyce- Coming Soon!
4236 Boyce Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
15
$1,050
3162 Chisca Ave
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
11
$695
3156 Hoskins Rd
Memphis, TN
1 BR | May. 31, 2024
Contact
Dog Friendly
Cat Friendly
15
$1,150
Beautiful 4 Bedroom 2 Bathroom Family Home
1279 Poppen Dr Memphis, TN
4 BR | Ask for Availability
Contact
House
19
$1,195
Fully Renovated!! Beautilful 3 Bedroom, 2 Bathroom Home!
3520 Heckle Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
10
$1,200
3635 S Deerwood Ave
Memphis, TN
4 BR | May. 31, 2024
Contact
Dog Friendly
Cat Friendly
House
9
$1,275
3007 Waverly Ave
Memphis, TN
4 BR | Available Now
Contact
House
13
$800
3842 Fizer Ave
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
11
$850
Beautiful 2 Bedroom, 1 Bath Duplex Home
3641 Allandale Ln Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
14
$1,125
4200 Philsdale Ave
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
15
$1,425
1221 Rhodes Cv
Memphis, TN
4 BR | May. 23, 2024
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
0
$1,350
2659 Central
Memphis, TN
3 BR | Jul. 19, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
7
$1,750
295 W Central Park St Unit 2
Memphis, TN
2 BR | Available Now
Contact
Dishwasher
14
$1,399
3425 Douglass Ave
Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
9
$1,250
912 Newell St
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
28
$1,300
3650 Kearney Ave
Memphis, TN
2 BR | Jun. 24, 2024
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
17
$1,145
3804 Marion
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
13
$950
3505 Hester Ave
Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
11
$695
3158 Hoskins Rd
Memphis, TN
1 BR | May. 31, 2024
Contact
Dog Friendly
Cat Friendly
16
$950
Beautiful 3 Bedroom 1 Bath Home
3647 Baine Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
18
$1,100
1289 Barron Cir
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$900
Imperial Arms
3636-3646 Spottswood Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
18
$1,550
Available Now!
2676 Central Ter Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$1,050
3816 Maid Marian Ln
Memphis, TN
2 BR | May. 31, 2024
Contact
Dog Friendly
Cat Friendly
House
0
$725 - 950
3077 Chisca Ave
Memphis, TN
1 - 2 BR | Ask for Availability
Contact
1
$1,150
1223 Aubra Rd
Memphis, TN
3 BR | Available Now
Contact
House
0
$1,295
3635 Carnes Ave
Memphis, TN
2 BR | Ask for Availability
Contact
2
$1,150
Now Ready For Occupancy!
1489 Rebecca St Memphis, TN
3 BR | Ask for Availability
Contact
House
0
$950
785 Brower St
Memphis, TN
2 BR | Ask for Availability
Contact
0
$795 - 1,195
736 Echles St
Memphis, TN
1 - 2 BR | Ask for Availability
Contact
31 - 60 of 88 Results
  1. Home
  2. Memphis
  3. 38111

How much does it cost to rent an apartment in 38111?

38111 apartments
Bed Type Average Rent Range
Studio $1,030 $1,030 - $1,030
1BR $940 $700 - $1,350
2BR $1,070 $750 - $1,530
3BR $1,200 $850 - $2,010
4+BR $1,300 $1,000 - $1,500
Frequently Asked Questions

How many apartments are available in 38111 on Rentable.co?

Rentable.co has 88 apartments available for rent in 38111.

What is the average rent for an apartment in 38111?

The average rent for an apartment in 38111 is around $1,100 per month.

What is the average rent for a two-bedroom apartment in 38111?

The average rent for a two-bedroom apartment in 38111 is around $1,074 per month.

What is the average rent for a one-bedroom apartment in 38111?

The average rent for a one-bedroom apartment in 38111 is around $942 per month.

What is the average rent for a studio apartment in 38111?

The average rent for a studio apartment in 38111 is around $1,029 per month.

Find an Apartment in 38111
Are you searching for apartments for rent in the 38111 zip code of Memphis, TN? You've come to the right place! Rentable currently has a variety of 122 units available for rent in this area. The average rent in 38111 is $1,100, with the lowest priced floor plan starting at just $695.

The top neighborhood in the 38111 zip code is High Point Terrace, known for its charm and vibrant community atmosphere. Living in this area, you'll have access to a range of amenities and nearby points of interest. Enjoy the convenience of having parks like ___________ and ___________ just a short distance away, perfect for outdoor activities and relaxation.

Whether you're a young professional or a family looking for a new place to call home, there are apartments near 38111 that will cater to your needs. Take a look at Rentable's listings in the 38111 zip code and find the perfect apartment for you. Don't miss out on this opportunity to rent in one of Memphis, TN's most sought after locations.

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.

Browse Memphis Apartments
Memphis Apartments by Neighborhood
Memphis Apartments by Bedrooms
Memphis Apartments by Affordability
Memphis Apartments with Amenities
Memphis Apartments by Type
Colleges Near Memphis
Memphis Apartments by Zip Code