Apartments in 38125

1 - 21 of 21 Results
27
$760 - 1,626
8285 Irene Boulevard Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
36
$1,280 - 2,963
3750 Moraine St Memphis, TN
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
36
$1,360 - 2,830
3769 Skipping Stone Trace Memphis, TN
1 - 3 BR | May. 30, 2024
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Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
9
$1,795
7668 Glenlaurel Way Memphis, TN
3 BR | Available Now
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6
$1,725
7385 Hollorn Ln Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
2
$1,950
4050 Rialto Cv Memphis, TN
3 BR | Ask for Availability
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House
2
$1,895
4337 S Germantown Rd Memphis, TN
4 BR | Ask for Availability
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House
17
$1,825
Memphis, TN
3 BR | Available Now
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House
Storage
Dishwasher
15
$2,175
Memphis, TN
4 BR | Available Now
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$2,075
4769 Buttermilk Dr Memphis, TN
4 BR | Available Now
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7
$776 - 1,439
PER ROOM
& UNIT
7841 North Garden Manor Dr Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
28
$1,750
Memphis, TN
3 BR | Available Now
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House
Storage
12
$840 - 1,795
8037 Waterford Circle Memphis, TN
1 - 3 BR | Available Now
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Section 8
Air Conditioning
Fitness Center
Storage
Pool
9
$650 - 1,284
8210 Storr Dr Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Income Restricted
Section 8
38
$996 - 1,213
9230 Thornbury Blvd Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Fitness Center
11
$900
Memphis, TN
3 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
12
$1,695
Memphis, TN
3 BR | Available Now
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2
$940 - 1,640
3769 Skipping Stone Trace Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
$1,825
Memphis, TN
3 BR | Available Now
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House
Storage
Disability Access
Dishwasher
$1,795
5246 Laurelhome Cv Memphis, TN
3 BR | Available Now
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$1,850
Memphis, TN
4 BR | Available Now
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House
Balcony/Deck/Patio
Dishwasher
1 - 21 of 21 Results
  1. Home
  2. Memphis
  3. 38125

How much does it cost to rent an apartment in 38125?

38125 apartments
Bed Type Average Rent Range
Studio $1,300 $1,280 - $1,310
1BR $1,110 $780 - $1,630
2BR $1,540 $1,120 - $1,950
3BR $1,800 $880 - $2,150
4+BR $1,990 $1,850 - $2,180
Find an Apartment in 38125
Looking for apartments for rent in the 38125 zip code of Memphis, TN? You're in luck! Rentable currently has 113 units available in this area. The average rent for these apartments is $1,530, with 1-bedroom units starting at just $779.

If you're looking for apartments near 38125 Memphis, TN, Rentable has a wide selection of rental units available to suit your needs. Browse through our listings and find the perfect apartment that matches your preferences and budget.

Don't miss out on the opportunity to find your ideal rental in the 38125 zip code. Start your search with Rentable today and secure your dream apartment 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.