Apartments For Rent in 38040

2 rentals

Apartments For Rent Near 38040

We found 30 more apartments matching your filters just outside 38040

Average Rent Trends in 38040

Rent in 38040 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Feb 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Oct 2025$1,100
Feb 2026$1,100
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$750——$750
Apartments and Condos—$750——$750

Frequently Asked Questions about Rentals in 38040

  • What is the average rent in 38040?
    The average rent in 38040 is $750. Rent prices range from $750 to as much as $750, depending on the type of rental.
  • How does the rent in 38040 compare to the national average?
    Average rent in 38040 is about 61% lower than the national average rent of $1,910. That means it is less expensive to rent in 38040 compared to the U.S. average.
  • What is the average rent in 38040, by number of bedrooms?
    The average rent in 38040 is $ for a studio, $ for a 1 bedroom, $750 for a 2 bedroom, $ for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices in 38040 changed compared to last year?
    In the past year, the average rent price in 38040 has increased by $750. That means the average rent is 100% higher than last year.
  • How many available rental listings are in 38040?
    There are 1 available rental listings in 38040.
  • What are some cities near 38040?
    Some nearby cities include: Halls, Gates, Finley, Ripley, Dyersburg, Lenox. These cities may have more rental options to explore.