Apartments in 38103
66 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,445 - $1,735/mo
1-2 Beds
1-2 BathsSouth Bluffs Apartments | 4 Riverview Dr W #2B-2Ba-1065Sqft,
Memphis, TN 38103
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,270 - $1,659/mo1-2 Beds1-2 BathsSouth Junction Apartments | 9 E Carolina Ave #2B-2Ba-1088Sqft,
Memphis, TN 38103
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,100 - $1,795/mo1-2 Beds1-2 BathsDowntown Memphis Flats | 105 S Main St #e50add262,
Memphis, TN 38103
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Use arrow keys to navigatePET FRIENDLY$1,723 - $3,003/mo1-4 Beds1-3 BathsHarbor Island Apartments | 444 Island Dr #4-304,
Memphis, TN 38103
PET FRIENDLY
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,195 - $2,015/moStudio-2 Beds1-2 BathsThe Peabody Collection Apartments | 125 Gayoso Ave #520,
Memphis, TN 38103
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PET FRIENDLY$1,399 - $2,147/moStudio-2 Beds1-2 BathsThe Rise Apartments | 420 Monroe Ave #2208,
Memphis, TN 38103
SPECIAL OFFERPET FRIENDLYTotal price$1,161 - $1,916/mo1-2 Beds1-2 BathsRiverset Apartments | 100 Riverset Ln #1150N61,
Memphis, TN 38103
PET FRIENDLYINCOME RESTRICTED$900 - $1,200/mo1-2 Beds1 BathMerchants' & Cotton Exchange Apartments | 9 N 2nd St #46fdadf0f,
Memphis, TN 38103
PET FRIENDLY$1,419 - $1,929/mo1-2 Beds1-2 BathsIsland Park/Harbor Town Square | 1440 Island Park Dr #46-202,
Memphis, TN 38103
SPECIAL OFFERPET FRIENDLY$1,261 - $5,332/moStudio-2 Beds1-3 BathsThe Landing Residences | 1 Doctor Martin Luther King Junior Ave #655,
Memphis, TN 38103
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,285 - $5,900/moStudio-3 Beds1-3 BathsThe Oliver Luxury Apartments | 7 Vance Ave #409,
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 for a apartment decreased in Jun 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $1,596 |
Average Rent By Bedroom and Home Type
In June 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 | $1,493 | $1,940 | $2,550 | $3,044 | $1,925 |
| Townhomes | — | $2,300 | — | — | $2,300 |
| Apartments and Condos | $1,550 | $1,940 | $2,650 | — | $1,740 |
| Houses | — | $2,940 | $2,400 | $3,250 | $2,500 |
Frequently Asked Questions about Apartments and Condos for rent in 38103
- What is the average rent of an apartment in 38103?The average rent of an apartment in 38103 is $1,591 per month. This is about 18% lower than the national average.
- When is the average rent cheapest in 38103?In the last year, the average rent in 38103 was lowest in Apr 2025 when it was $1,528 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 $1,717 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 $1,492 per month. That is about $413 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 38103?There are 68 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.