Cheap Apartments for Rent in 38016
154 rentals
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Use arrow keys to navigatePET FRIENDLY$975 - $1,499/mo
1-3 Beds
1-2 BathsThe Landings at Houston Levee | 9940 Paddle Wheel Dr,
Cordova, TN 38016
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Use arrow keys to navigatePET FRIENDLYTotal price$1,023 - $1,287/mo1-2 Beds1-2 BathsLincoln at Wolfchase | 2460 Vintage Dr,
Cordova, TN 38016
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PET FRIENDLY$1,139 - $1,603/mo1-2 Beds1-2 BathsCordova Creek Apartments | 7965 Humphreys Hill Dr,
Cordova, TN 38016
SPECIAL OFFERPET FRIENDLY$1,177 - $2,438/moStudio-3 Beds1-2 BathsSprings at Colonial | 2925 Countrywood Pkwy,
Cordova, TN 38016
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SPECIAL OFFERPET FRIENDLY$1,240 - $1,900/mo1-3 Beds1-2 BathsVillas at Houston Levee East & West | 10107 Havanese Ln,
Cordova, TN 38016
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SPECIAL OFFERPET FRIENDLYTotal price$1,315 - $1,576/mo1-2 Beds1-2 BathsCamden Grove Apartments | 1571 N Houston Levee Rd,
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 stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,858 |
| Nov 2025 | $1,795 |
| 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 |
Average Rent By Bedroom and Home Type
In September 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 | $1,235 | $1,367 | $1,832 | $2,290 | $1,970 |
| Townhomes | — | $1,350 | $1,500 | — | $1,380 |
| Apartments and Condos | — | $1,400 | $1,700 | $2,635 | $1,665 |
| Houses | — | $1,400 | $1,850 | $2,270 | $2,058 |
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 $1,466 per month. This is about 25% lower than the national average.
- What are the cheapest months to find an apartment to rent in 38016?Last year, the cheapest month to find an apartment to rent was Nov 2025 when it was $1,795 per month.
- How many cheap apartments are available in 38016?There are 81 apartments to rent that are cheaper than the city’s average rent of $1,970.
- 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 $1,235 per month. That is about $760 more than the cost of a studio apartment.
- What are some cities near 38016?
View this page in Spanish: Apartamentos baratos en renta en 38016 - 565 Rentas | Trulia