Cheap Apartments for Rent in 38018
158 rentals
- SPECIAL OFFERPET FRIENDLY$948 - $1,418/mo1-3 Beds1-2 BathsThe Willows at Shelby Farms | 555 Wood Arbor Pkwy #103,
Cordova, TN 38018 - SPECIAL OFFERPET FRIENDLY$990 - $1,486/mo1-2 Beds1-2 BathsThe Vale Apartments and Townhomes | 8293 George Brett Dr #BUC361,
Cordova, TN 38018 - SPECIAL OFFERPET FRIENDLY$1,004 - $1,183/mo1-2 Beds1-2 BathsThe View at Shelby Farms | 8056 Country Squire Ln #S8240001,
Cordova, TN 38018 - NEW - 8 HRS AGOSPECIAL OFFERPET FRIENDLY$1,070 - $1,960/mo1-3 Beds1-2 BathsPark Place at Shelby Farms | 536 Shelby Grove Dr #22-105,
Cordova, TN 38018 - PET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$1,135 - $1,990/mo1-3 Beds1-2 BathsTrailside at Greenline | 8546 Prestine Loop #15-205,
Cordova, TN 38018 - PET FRIENDLY$1,140 - $1,684/mo1-3 Beds1-2 BathsThe Orleans at Walnut Grove | 317 Royal Chartres Sq E #350-105,
Cordova, TN 38018 - $1,169 - $1,660/mo1-3 Beds1-2 BathsWalnut Hill Apartments | 8920 Walnut Grove Rd #8890-8890W303,
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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 stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,894 |
| Aug 2025 | $1,825 |
| Sep 2025 | $1,800 |
| Oct 2025 | $1,808 |
| Nov 2025 | $1,795 |
| Dec 2025 | $1,795 |
| Jan 2026 | $1,816 |
| Feb 2026 | $1,940 |
| Mar 2026 | $1,954 |
| Apr 2026 | $1,994 |
| May 2026 | $1,915 |
| Jun 2026 | $1,927 |
Average Rent By Bedroom and Home Type
In July 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 | $1,169 | $1,329 | $1,795 | $2,190 | $1,852 |
| Townhomes | — | $1,200 | — | — | $1,200 |
| Apartments and Condos | — | — | $1,540 | $2,640 | $1,690 |
| Houses | — | $3,200 | $1,812 | $2,165 | $1,875 |
Frequently Asked Questions about Rentals in 38018
- What is the average rent of an apartment in 38018?The average rent of an apartment in 38018 is $1,697 per month. This is about 13% 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 Nov 2025 when it was $1,795 per month.
- When is the average rent most expensive in 38018?In the last year, the average rent in 38018 was highest in Jun 2025 when it was $1,924 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 $1,169 per month. That is about $231 less than the cost of a studio apartment.
- How many available rental listings are in 38018?There are 155 available rental listings 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.
View this page in Spanish: Apartamentos baratos en renta en 38018 - 387 Rentas | Trulia