Apartments in 38104
214 rentals
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Studio-2 Beds
1-2 BathsThe Bonsai at Central Gardens | 1387 Central Ave,
Memphis, TN 38104
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SPECIAL 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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PET FRIENDLY$775 - $1,399/moStudio-2 Beds1-2 BathsCentral Gardens Apartments | 1437 Central Ave,
Memphis, TN 38104
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PET FRIENDLY$750 - $1,700/moStudio-2 Beds1-2 BathsKimbrough Tower Apartments | 172 Kimbrough Pl,
Memphis, TN 38104
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SPECIAL OFFERPET FRIENDLY$1,496 - $2,474/moStudio-2 Beds1-2 BathsParcels at Concourse | 1350 Concourse Ave,
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 Aug 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,157 |
| 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 |
Average Rent By Bedroom and Home Type
In August 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 | $927 | $1,100 | $1,890 | $1,850 | $1,075 |
| Townhomes | — | $1,250 | $2,100 | — | $1,550 |
| Apartments and Condos | $950 | $999 | $1,700 | $869 | $995 |
| Houses | $1,350 | $1,575 | $1,950 | $2,495 | $1,800 |
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 $964 per month. This is about 51% 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 $893 per month. That is about $80 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 38104?There are 208 available apartments or condos to rent in 38104.
- What are some cities near 38104?
View this page in Spanish: Apartamentos en 38104 - 642 Apartamentos | Trulia