Apartments in 38103
57 rentals
- PET FRIENDLYTotal price$1,350 - $1,725/mo1-2 Beds1-2 BathsSouth Bluffs Apartments | 4 Riverview Dr W #2B-2Ba-1065Sqft,
Memphis, TN 38103 - SPECIAL OFFERPET FRIENDLY$999 - $1,649/moStudio-2 Beds1-2 BathsSouth Junction Apartments | 9 E Carolina Ave #0B-1Ba-430Sqft,
Memphis, TN 38103 - SPECIAL OFFERPET FRIENDLY$999 - $1,740/moStudio-2 Beds1-2 BathsSouth Line | 600 S Front St #1B-1Ba-700Sqft,
Memphis, TN 38103 - SPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$1,100 - $1,795/mo1-2 Beds1-2 BathsDowntown Memphis Flats | 105 S Main St #e50add262,
Memphis, TN 38103 - NEW - 7 HRS AGOSPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
- $1,756 - $3,676/mo1-4 Beds1-3 BathsHarbor Island Apartments | 444 Island Dr #4-304,
Memphis, TN 38103 - $900 - $1,200/mo1-2 Beds1 BathMerchants' & Cotton Exchange Apartments | 9 N 2nd St #46fdadf0f,
Memphis, TN 38103 - $1,234 - $2,230/moStudio-2 Beds1-2 BathsThe Rise Apartments | 420 Monroe Ave #2218,
Memphis, TN 38103 - Total price$1,151 - $1,941/mo1-2 Beds1-2 BathsRiverset Apartments | 100 Riverset Ln #1183N40,
Memphis, TN 38103 - $1,333 - $1,860/mo1-2 Beds1-2 BathsIsland Park/Harbor Town Square | 1440 Island Park Dr #34-202,
Memphis, TN 38103 - $1,400 - $3,285/mo1-3 Beds1-3 BathsThe Oliver Luxury Apartments | 7 Vance Ave #213,
Memphis, TN 38103 - $1,139 - $4,700/moStudio-2 Beds1-3 BathsThe Landing Residences | 1 Doctor Martin Luther King Junior Ave #321,
Memphis, TN 38103 - $1,650 - $2,750/mo1-2 Beds1-2 BathsRiverLofts @ 460 Tennessee | 460 Tennessee St #313,
Memphis, TN 38103 Save Search in 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 increased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,579 |
| Jul 2025 | $1,598 |
| Aug 2025 | $1,717 |
| Sep 2025 | $1,627 |
| Oct 2025 | $1,655 |
| Nov 2025 | $1,582 |
| Dec 2025 | $1,564 |
| Jan 2026 | $1,534 |
| Feb 2026 | $1,519 |
| Mar 2026 | $1,550 |
| Apr 2026 | $1,586 |
| May 2026 | $1,642 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,432 | $1,850 | $2,500 | $2,990 | $1,850 |
| Townhomes | — | $2,225 | $2,475 | — | $2,225 |
| Apartments and Condos | $1,569 | $1,850 | $2,560 | — | $1,750 |
| Houses | — | $2,050 | $2,400 | $2,990 | $2,400 |
Frequently Asked Questions about Apartments and Condos for rent in 38103
- What is the average rent of an apartment or condo in 38103?The average rent of an apartment or condo in 38103 is $1,659. Rent prices range from $819 to as much as $3,995, depending on the type of apartment or condo.
- How does the rent of an apartment or condo in 38103 compare to the national average?Average rent of an apartment or condo in 38103 is about 13% lower than the national average rent of $1,910 for an apartment or condo. That means it is less expensive to rent an apartment or condo in 38103 compared to the U.S. average.
- What is the average rent of an apartment or condo in 38103, by number of bedrooms?The average rent of an apartment or condo in 38103 is $1,123 for a studio, $1,478 for a 1 bedroom, $1,789 for a 2 bedroom, $2,659 for a 3 bedroom, and $3,676 for a 4 bedroom.
- How have rent prices of an apartment or condo in 38103 changed compared to last year?In the past year, the average rent price of an apartment or condo in 38103 has increased by $35. That means the average rent of an apartment or condo is 2% higher than last year.
- How many apartments or condos are available to rent in 38103?There are 63 available apartments or condos to rent 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.