Cheap Apartments for Rent in 38016
159 rentals
- NEW - 22 HRS AGOSPECIAL OFFERPET FRIENDLYTotal price$826 - $1,521/mo1-3 Beds1-2 BathsLincoln at Wolfchase | 2460 Vintage Dr,
Cordova, TN 38016 - SPECIAL OFFERPET FRIENDLY
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- $1,057 - $1,414/mo1-3 Beds1-2 BathsThe Landings at Houston Levee | 9940 Paddle Wheel Dr,
Cordova, TN 38016 - $1,094 - $1,474/mo1-2 Beds1-2 BathsCordova Creek Apartments | 7965 Humphreys Hill Dr,
Cordova, TN 38016 - $1,180 - $1,910/mo1-3 Beds1-2 BathsVillas at Houston Levee East & West | 10107 Havanese Ln,
Cordova, TN 38016 - $1,213 - $2,351/moStudio-3 Beds1-2 BathsSprings at Colonial | 2925 Countrywood Pkwy,
Cordova, TN 38016 - Total price$1,315 - $1,576/mo1-2 Beds1-2 BathsCamden Grove Apartments | 1571 N Houston Levee Rd,
Cordova, TN 38016 - $1,475 - $1,725/mo2-3 Beds2 BathsAtlas at Goodlett Farms | 7435 Goodlett Farms Pkwy,
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Average Rent Trends in 38016
Rent in 38016 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,818 |
| Jan 2026 | $1,855 |
| Feb 2026 | $1,848 |
| Mar 2026 | $1,907 |
| Apr 2026 | $1,929 |
| May 2026 | $1,990 |
| Jun 2026 | $1,946 |
| Jul 2026 | $1,926 |
| Aug 2026 | $1,897 |
| Sep 2026 | $1,885 |
| Oct 2026 | $1,925 |
| Nov 2026 | $1,895 |
Average Rent By Bedroom and Home Type
In November 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,127 | $1,300 | $1,725 | $2,300 | $1,864 |
| Townhomes | — | $1,293 | $1,900 | — | $1,295 |
| Apartments and Condos | — | $1,195 | $1,500 | $2,635 | $1,450 |
| Houses | — | $1,260 | $1,765 | $2,300 | $1,950 |
Frequently Asked Questions about Cheap Apartments for rent in 38016
- How many cheap apartments are for rent in 38016?Trulia currently lists 567 cheap apartments for rent in 38016.
- How much do cheap apartments in 38016 rent for?Rents for cheap apartments in 38016 range from $450 to $8,895 a month. Each listing shows its exact rent and any fees.
- How does Trulia decide which rentals are cheap?This page shows rentals in the lowest price tier for apartments in 38016, sorted from the lowest rent up.
- How can I find the cheapest apartments to rent in 38016?This page sorts apartments in 38016 from lowest rent up, starting at $450 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
- What trade-offs come with the cheapest rentals?Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.
View this page in Spanish: Apartamentos baratos en renta en 38016 - 564 Rentas | Trulia