Apartments in 38117

1 - 20 of 20 Results

10

$1,325

893 Philadelphia North Unit

Memphis, TN

1 BR | Available Now

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Dishwasher

Far Northeasat

29

$5,000

4171 Poplar Ave

Memphis, TN

5 BR | Available Now

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Dog Friendly

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21

$1,795

1450 Woodston

Memphis, TN

4 BR | Available Now

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14

$1,395

Beautiful And Spacious Home

1905 Danville St Memphis, TN

3 BR | Available Now

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Disability Access

30

$1,600

1745 Myrna Ln

Memphis, TN

3 BR | Jul. 26, 2024

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16

$1,325

1666 Raymore Rd

Memphis, TN

3 BR | Available Now

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18

$1,445

Beautiful Renovation! 3bd 2 Bath Home In Sea Isle!

1898 Sea Isle Memphis, TN

3 BR | Available Now

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29

$1,595

Over 1700 Sq Ft Of Living Space! 2 Bonus Rooms! Pets Are Welcome, Fees Apply.

4674 Quince Rd Memphis, TN

4 BR | May. 18, 2024

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20

$2,150

4453 Princeton Road

Memphis, TN

4 BR | Available Now

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16

$1,150

Beautiful 3 Bedroom, 1 Bathroom Home For Rent!

4396 Helene Rd Memphis, TN

3 BR | Ask for Availability

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Air Conditioning

18

$1,399

1716 Sea Isle Rd

Memphis, TN

3 BR | Available Now

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2

$1,350

Coming Soon!

1877 Capri St Memphis, TN

3 BR | Ask for Availability

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1

$1,080

Poplar Pines West

1867 Poplar Pines Dr Memphis, TN

1 BR | Available Now

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9

$1,250

4800 Verne Rd

Memphis, TN

3 BR | Available Now

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4

$500 - 650

Cherry Crest Apartments

1460 Cherry Rd. Memphis, TN

1 - 3 BR | Available Now

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9

$1,100 - 3,300

The Embassy Apartments

505 South Perkins Road Memphis, TN

2 - 3 BR | Available Now

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Heat Included

Luxury

Covered Parking

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Pool

$1,895

3 Bedroom, 2 Bathroom Near Qunice And Mt Moriah

5040 Sea Isle Memphis, TN

3 BR | Available Now

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$2,200

Perfect For Students Or A Large Family!

1261 W Perkins Rd Memphis, TN

5 BR | Jun. 17, 2024

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$2,295

329 Fairfield Cir

Memphis, TN

3 BR | Available Now

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$2,795

Great Location! Completely Renovated! Huge Backyard! Pets Welcome, Fees Apply.

286 Belhaven St Memphis, TN

3 BR | Jun. 7, 2024

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1 - 20 of 20 Results

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Memphis
38117

Find an Apartment in 38117

Looking for apartments for rent in 38117 Memphis, TN? Rentable has a variety of rental options available in this area. Currently, there are 27 units available for rent in 38117, with an average rent of $1,450. The minimum rent for a 1-bedroom floor plan starts at $500.

If you're in search of apartments near 38117, Rentable has a wide selection of options to choose from. Whether you're looking for a studio, one-bedroom, or larger unit, you can find it here. Browse through our listings and discover the perfect apartment that suits your needs and budget.

With its convenient location in Memphis, TN, the apartments in 38117 provide easy access to a variety of amenities and attractions. Whether you're looking to explore nearby shopping centers, dine at local restaurants, or enjoy recreational activities, there is something for everyone in this area.

Don't miss out on the opportunity to find your ideal apartment in 38117. Explore Rentable's listings today and start your search for the perfect rental in Memphis, TN.

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.