Apartments For Rent in 38103
85 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,445 - $1,760/mo
1-2 Beds
1-2 BathsSouth Bluffs Apartments | 4 Riverview Dr W,
Memphis, TN 38103
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,631 - $3,053/mo1-4 Beds1-3 BathsHarbor Island Apartments | 444 Island Dr,
Memphis, TN 38103
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SPECIAL OFFERPET FRIENDLY$1,238 - $2,153/moStudio-2 Beds1-2 BathsThe Peabody Collection Apartments | 125 Gayoso Ave,
Memphis, TN 38103
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PET FRIENDLYINCOME RESTRICTED$900 - $1,200/mo1-2 Beds1 BathMerchants' & Cotton Exchange Apartments | 9 N 2nd St,
Memphis, TN 38103
SPECIAL OFFERPET FRIENDLYTotal price$1,071 - $1,851/mo1-2 Beds1-2 BathsRiverset Apartments | 100 Riverset Ln,
Memphis, TN 38103
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PET FRIENDLY$1,299 - $2,007/mo1-2 Beds1-2 BathsIsland Park/Harbor Town Square | 1440 Island Park Dr E,
Memphis, TN 38103
NEW - 1 DAY AGOPET FRIENDLY$1,174 - $4,950/moStudio-2 Beds1-3 BathsThe Landing Residences | 1 Doctor Martin Luther King Junior Ave,
Memphis, TN 38103
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Average Rent Trends in 38103
Rent in 38103 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $2,095 |
| Dec 2025 | $1,985 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,749 |
| Mar 2026 | $1,769 |
| Apr 2026 | $1,995 |
| May 2026 | $1,792 |
| Jun 2026 | $2,050 |
| Jul 2026 | $1,948 |
| Aug 2026 | $1,995 |
| Sep 2026 | $1,940 |
| Oct 2026 | $1,940 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,440 | $2,025 | $2,495 | $3,375 | $1,800 |
| Townhomes | — | $2,300 | $2,500 | — | $2,300 |
| Apartments and Condos | $1,490 | $2,200 | $3,500 | — | $1,700 |
| Houses | — | $2,317 | $2,495 | $3,500 | $2,495 |
Frequently Asked Questions about Rentals in 38103
- What is the average rent of an apartment in 38103?The average rent of an apartment in 38103 is $1,968 per month. This is about 2% higher than the national average.
- When is the average rent cheapest in 38103?In the last year, the average rent in 38103 was lowest in Jul 2025 when it was $1,885 per month.
- When is the average rent most expensive in 38103?In the last year, the average rent in 38103 was highest in Aug 2025 when it was $2,154 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 38103?The average rent of a 1 bedroom apartment in 38103 is $1,440 per month. That is about $295 more than the cost of a studio apartment.
- How many available rental listings are in 38103?There are 98 available rental listings in 38103.
- What are some cities near 38103?Some nearby cities include: West Memphis, Memphis, Marion, Sunset, Clarkedale, Jericho. These cities may have more rental options to explore.
Browse 38103 homes by type
View this page in Spanish: Apartamentos en renta en 38103 - 288 Rentas | Trulia