Apartments in 38018

14 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 for a apartment increased in Nov 2026 compared to the previous month. Rent for apartments peaked in May 2025.
MonthAverage rent
Dec 2025$1,406
Jan 2026$1,403
Feb 2026$1,322
Mar 2026$1,292
Apr 2026$1,909
May 2026$1,730
Jun 2026$1,914
Jul 2026$1,515
Aug 2026$1,394
Sep 2026$1,453
Oct 2026$1,420
Nov 2026$1,446
View as a graph

Average Rent By Bedroom and Home Type

In November 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$1,222$1,418$1,735$2,171$1,795
Townhomes—$1,350$1,500—$1,350
Apartments and Condos——$1,602$2,510$1,378
Houses—$3,200$1,734$2,136$1,830

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 $1,364 per month.
  • When is the average rent for an apartment cheapest in 38018?
    In 2025, the average rent for an apartment in 38018 was lowest in February when it was $1,283 per month.
  • When is the average rent for an apartment most expensive in 38018?
    In 2025, the average rent for an apartment in 38018 was highest in May 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 $1,222 per month. That is about $145 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 38018?
    There are 13 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.