Cheap Apartments for Rent in 38104
278 rentals
Use arrow keys to navigateSENIOR HOUSINGPET FRIENDLYINCOME RESTRICTED$100/mo
Studio-1 Bed
1 BathCity View Towers - 62 & Older | 256 S Camilla St #ff39324fc,
Memphis, TN 38104
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLY
Use arrow keys to navigate
Use arrow keys to navigateAPPLY INSTANTLY
Use arrow keys to navigate
Use arrow keys to navigate
Use arrow keys to navigateSPECIAL OFFER
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLYROOM FOR RENT
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
APPLY INSTANTLY
APPLY INSTANTLY
PET FRIENDLYFURNISHED
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYSPECIAL OFFERPET FRIENDLY
APPLY INSTANTLY
APPLY INSTANTLYSPECIAL OFFERPET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY$750 - $1,700/moStudio-2 Beds1-2 BathsKimbrough Tower Apartments | 172 Kimbrough Pl #703,
Memphis, TN 38104
PET FRIENDLY
PET FRIENDLY$775 - $1,399/moStudio-2 Beds1-2 BathsCentral Gardens Apartments | 1437 Central Ave #eb27837ac,
Memphis, TN 38104
PET FRIENDLY
NEW - 14 HRS AGOAPPLY INSTANTLY
SPECIAL OFFERPET FRIENDLY
APPLY INSTANTLYPET FRIENDLYFURNISHED
SPECIAL OFFERPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
Save Search in 38104
38104Get emails when new homes match this search
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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,250 |
| Jul 2025 | $1,200 |
| Aug 2025 | $1,250 |
| Sep 2025 | $1,200 |
| Oct 2025 | $1,195 |
| Nov 2025 | $1,175 |
| Dec 2025 | $1,095 |
| Jan 2026 | $1,100 |
| Feb 2026 | $1,100 |
| Mar 2026 | $1,099 |
| Apr 2026 | $1,000 |
| May 2026 | $1,000 |
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 | $895 | $1,133 | $1,950 | $2,300 | $1,000 |
| Townhomes | $900 | $1,250 | $1,855 | — | $1,250 |
| Apartments and Condos | $895 | $1,100 | $1,700 | $803 | $925 |
| Houses | $1,095 | $1,800 | $2,000 | $2,495 | $2,100 |
Frequently Asked Questions about Rentals in 38104
- What is the average rent of an apartment in 38104?The average rent of an apartment in 38104 is $1,089 per month. This is about 44% lower than the national average.
- What is the average rent of a house in 38104?The average rent of a house in 38104 is $2,000 per month. This is about 4% higher than the national average.
- What is the average rent of a townhome in 38104?The average rent of a townhome in 38104 is $1,250 per month. This is about 35% lower than the national average.
- When is the average rent cheapest in 38104?In the last year, the average rent in 38104 was lowest in Dec 2025 when it was $1,095 per month.
- When is the average rent most expensive in 38104?In the last year, the average rent in 38104 was highest in Jun 2025 when it was $1,250 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 $900 per month. That is about $20 more than the cost of a studio apartment.
- How many available rental listings are in 38104?There are 289 available rental listings in 38104.
- What are some cities near 38104?