Cheap Apartments for Rent in 38016
174 rentals
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Use arrow keys to navigateSPECIAL OFFER$1,005 - $1,420/mo
1-3 Beds
1-2 BathsStonebridge Crossing Apartments | 9135 Morning Ridge Rd #2838T303,
Cordova, TN 38016
Use arrow keys to navigateNEW - 1 DAY AGOPET FRIENDLY$1,031 - $1,491/mo1-3 Beds1-2 BathsThe Landings at Houston Levee | 9940 Paddle Wheel Dr #302,
Cordova, TN 38016
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SPECIAL OFFERPET FRIENDLY$1,075 - $1,900/mo1-3 Beds1-2 BathsEnclave at Wolfchase | 1810 W Wolfchase Cir #8252-204,
Cordova, TN 38016
SPECIAL OFFERPET FRIENDLY$1,120 - $2,302/moStudio-3 Beds1-2 BathsSprings at Colonial | 2925 Countrywood Pkwy #309,
Cordova, TN 38016
PET FRIENDLY$1,155 - $1,875/mo1-2 Beds1-2 BathsCordova Creek Apartments | 7965 Humphreys Hill Dr #8009F4,
Cordova, TN 38016
SPECIAL OFFERPET FRIENDLY$1,183 - $1,713/mo1-3 Beds1-2 BathsMAA Dexter Lake | 1505 Dexter Lake Dr #12142624,
Cordova, TN 38016
SPECIAL OFFERPET FRIENDLYTotal price$1,204 - $1,450/mo1-2 Beds1-2 BathsCamden Grove Apartments | 1571 N Houston Levee Rd #524e56890,
Cordova, TN 38016
PET FRIENDLY$1,220 - $1,888/mo1-3 Beds1-2 BathsVillas at Houston Levee East & West | 10107 Havanese Ln #1-102,
Cordova, TN 38016
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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 Jun 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,921 |
| Aug 2025 | $1,895 |
| Sep 2025 | $1,880 |
| Oct 2025 | $1,858 |
| Nov 2025 | $1,795 |
| Dec 2025 | $1,818 |
| Jan 2026 | $1,855 |
| Feb 2026 | $1,850 |
| Mar 2026 | $1,908 |
| Apr 2026 | $1,933 |
| May 2026 | $1,992 |
| Jun 2026 | $1,948 |
Average Rent By Bedroom and Home Type
In June 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 | $1,181 | $1,317 | $1,836 | $2,299 | $1,950 |
| Townhomes | — | — | $1,395 | — | $1,395 |
| Apartments and Condos | — | $1,285 | $1,495 | — | $1,495 |
| Houses | $695 | $1,300 | $1,850 | $2,299 | $2,056 |
Frequently Asked Questions about Rentals in 38016
- What is the average rent of an apartment in 38016?The average rent of an apartment in 38016 is $1,407 per month. This is about 28% lower than the national average.
- What is the average rent of a house in 38016?The average rent of a house in 38016 is $2,056 per month. This is about 5% higher than the national average.
- What is the average rent of a townhome in 38016?The average rent of a townhome in 38016 is $1,395 per month. This is about 28% lower than the national average.
- When is the average rent cheapest in 38016?In the last year, the average rent in 38016 was lowest in Nov 2025 when it was $1,795 per month.
- When is the average rent most expensive in 38016?In the last year, the average rent in 38016 was highest in Apr 2025 when it was $2,040 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 38016?The average rent of a 1 bedroom apartment in 38016 is $1,181 per month. That is about $20 more than the cost of a studio apartment.
- How many available rental listings are in 38016?There are 189 available rental listings in 38016.
- What are some cities near 38016?