Luxury Apartments for Rent in 38104
287 rentals
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- $1,300 - $3,400/moStudio-3 Beds1-3 BathsParkview Apartments | 1912 Poplar Ave #WAITB2,
Memphis, TN 38104 - $1,420 - $2,527/moStudio-2 Beds1-2 BathsParcels at Concourse | 1350 Concourse Ave #1034,
Memphis, TN 38104 - $1,298 - $2,400/mo1-3 Beds1-2 BathsBristol On Union Apartment Homes | 205 Pasadena Pl #433,
Memphis, TN 38104 - $1,201 - $2,193/moStudio-2 Beds1-2 BathsThe Citizen Apartments | 1835 Union Ave #423,
Memphis, TN 38104 Save Search in 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 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 | $900 | $1,200 | $2,000 | $2,495 | $1,067 |
| Townhomes | $750 | $1,250 | $2,099 | — | $1,250 |
| Apartments and Condos | $895 | $1,110 | $1,750 | $828 | $975 |
| Houses | $1,095 | $1,500 | $2,000 | $2,495 | $2,000 |
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.
- 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?