Apartments in 38053

7 rentals

Apartments For Rent Near 38053

We found 30 more apartments matching your filters just outside 38053

Average Rent Trends in 38053

Rent in 38053 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 Aug 2025.
MonthAverage rent
Jun 2025$1,542
Jul 2025$1,224
Aug 2025$1,741
Sep 2025$1,146
Oct 2025$1,207
Nov 2025$1,083
Dec 2025$1,300
Jan 2026$1,107
Feb 2026$1,248
Mar 2026$1,246
Apr 2026$1,273
May 2026$1,247
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,199$1,529$1,510$2,000$1,510
Townhomes—$1,245—$1,475$1,353
Apartments and Condos—$1,200$975$2,230$975
Houses—$1,050$1,507$2,000$1,595

Frequently Asked Questions about Apartments and Condos for rent in 38053

  • What is the average rent of an apartment in 38053?
    The average rent of an apartment in 38053 is $1,239 per month. This is about 36% lower than the national average.
  • When is the average rent cheapest in 38053?
    In the last year, the average rent in 38053 was lowest in Jan 2025 when it was $976 per month.
  • When is the average rent most expensive in 38053?
    In the last year, the average rent in 38053 was highest in Aug 2025 when it was $1,741 per month.
  • How many apartments or condos are available to rent in 38053?
    There are 8 available apartments or condos to rent in 38053.
  • What are some cities near 38053?
    Some nearby cities include: Millington, Drummonds, Bartlett, Munford, Atoka, Lakeland. These cities may have more rental options to explore.