Luxury Apartments for Rent in 38016
177 rentals
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NEW - 1 HR AGOPET FRIENDLY
NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY$1,128 - $2,698/mo
Studio-3 Beds
1-2 BathsSprings at Colonial | 2925 Countrywood Pkwy,
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 Aug 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,880 |
| 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 |
Average Rent By Bedroom and Home Type
In August 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 | $1,135 | $1,376 | $1,825 | $2,282 | $1,897 |
| Townhomes | — | $1,450 | $1,900 | — | $1,450 |
| Apartments and Condos | $975 | $1,375 | $1,750 | $2,295 | $1,500 |
| Houses | — | $1,323 | $1,847 | $2,271 | $1,959 |
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 $1,414 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 $1,135 per month. That is about $685 more than the cost of a studio apartment.
- How many available rental listings are in 38016?There are 187 available rental listings in 38016.
- What are some cities near 38016?
View this page in Spanish: Apartamentos de lujo en renta en 38016 - 522 Rentas | Trulia