Apartments in 38018

18 rentals

Apartments For Rent Near 38018

We found 30 more apartments matching your filters just outside 38018

Average Rent Trends in 38018

Rent in 38018 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jun 2025$1,490
Jul 2025$1,419
Aug 2025$1,462
Sep 2025$1,401
Oct 2025$1,284
Nov 2025$1,356
Dec 2025$1,406
Jan 2026$1,403
Feb 2026$1,322
Mar 2026$1,292
Apr 2026$1,907
May 2026$1,730
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Houses and Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types$1,234$1,254$1,821$2,134$1,910
Townhomes—$1,150—$1,695$1,150
Apartments and Condos—$1,250$2,070$2,622$2,200
Houses—$1,450$1,831$2,118$1,930

Frequently Asked Questions about Apartments and Condos for rent in 38018

  • What is the average rent of an apartment in 38018?
    The average rent of an apartment in 38018 is $1,728 per month. This is about 10% lower than the national average.
  • When is the average rent cheapest in 38018?
    In the last year, the average rent in 38018 was lowest in Feb 2025 when it was $1,283 per month.
  • When is the average rent most expensive in 38018?
    In the last year, the average rent in 38018 was highest in May 2025 when it was $1,501 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 38018?
    The average rent of a 1 bedroom apartment in 38018 is $1,258 per month. That is about $58 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 38018?
    There are 20 available apartments or condos to rent in 38018.
  • What are some cities near 38018?
    Some nearby cities include: Cordova, Germantown, Eads, Collierville, Bartlett, Lakeland. These cities may have more rental options to explore.