Rooms For Rent in 38016

2 rentals

  • 1286 Trail Run Ln, Cordova, TN 38016
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    FURNISHED
    ROOM FOR RENT
    $695/mo
    Total price
    1 Bed
    1 Bath
    Room for rent
    1286 Trail Run Ln,
    Cordova, TN 38016
  • 1504 Pemberton Ln, Cordova, TN 38016
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    FURNISHED
    ROOM FOR RENT
    $950/mo
    1 Bed
    1 Bath
    Room for rent
    1504 Pemberton Ln,
    Cordova, TN 38016

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Apartments For Rent Near 38016

We found 30 more apartments matching your filters just outside 38016

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.
MonthAverage 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
View as a graph

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 bed2 beds3 beds4 bedsAll
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?
    Some nearby cities include: Cordova, Bartlett, Eads, Lakeland, Germantown, Arlington. These cities may have more rental options to explore.