Apartments in 38104
201 rentals
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1-2 Beds
1-2 BathsThe Bonsai at Central Gardens | 1387 Central Ave,
Memphis, TN 38104
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,258 - $2,415/mo1-3 Beds1-2 BathsBristol On Union Apartment Homes | 205 Pasadena Pl,
Memphis, TN 38104
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SPECIAL OFFERPET FRIENDLY$775 - $1,399/moStudio-2 Beds1-2 BathsCentral Gardens Apartments | 1437 Central Ave,
Memphis, TN 38104
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PET FRIENDLY$1,412 - $3,528/moStudio-3 Beds1-3 BathsParcels at Concourse | 1350 Concourse Ave,
Memphis, TN 38104
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SPECIAL OFFERPET FRIENDLY$750 - $1,700/moStudio-2 Beds1-2 BathsKimbrough Tower Apartments | 172 Kimbrough Pl,
Memphis, TN 38104
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Average Rent Trends in 38104
Rent in 38104 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Sep 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,123 |
| Nov 2025 | $1,101 |
| Dec 2025 | $1,156 |
| Jan 2026 | $1,153 |
| Feb 2026 | $1,028 |
| Mar 2026 | $1,036 |
| Apr 2026 | $1,012 |
| May 2026 | $979 |
| Jun 2026 | $1,077 |
| Jul 2026 | $937 |
| Aug 2026 | $952 |
| Sep 2026 | $969 |
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 | $934 | $1,195 | $1,850 | $2,495 | $1,175 |
| Townhomes | $750 | $1,250 | $1,995 | — | $1,795 |
| Apartments and Condos | $950 | $975 | $1,700 | $3,760 | $1,000 |
| Houses | $1,040 | $1,650 | $1,850 | $2,495 | $1,850 |
Frequently Asked Questions about Apartments and Condos for rent in 38104
- What is the average rent of an apartment in 38104?The average rent of an apartment in 38104 is $965 per month. This is about 50% lower than the national average.
- When is the average rent for an apartment cheapest in 38104?In the last year, the average rent in 38104 was lowest in Nov 2025 when it was $1,101 per month.
- When is the average rent for an apartment most expensive in 38104?In the last year, the average rent in 38104 was highest in Jun 2025 when it was $1,266 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 38104?The average rent of a 1 bedroom apartment in 38104 is $898 per month. That is about $82 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 38104?There are 206 available apartments or condos to rent in 38104.
- What are some cities near 38104?
View this page in Spanish: Apartamentos en 38104 - 601 Apartamentos | Trulia