Luxury Apartments for Rent in 38104
285 rentals
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PET FRIENDLY$1,542 - $2,626/mo
Studio-2 Beds
1-2 BathsParcels at Concourse | 1350 Concourse 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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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 increased in Sep 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $1,075 |
| Jul 2026 | $1,095 |
| Aug 2026 | $1,050 |
| Sep 2026 | $1,151 |
Average Rent By Bedroom and Home Type
In September 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 | $950 | $1,149 | $1,852 | $2,495 | $1,150 |
| Townhomes | — | $1,250 | $1,995 | — | $1,350 |
| Apartments and Condos | $966 | $1,000 | $1,700 | $3,741 | $1,000 |
| Houses | $1,040 | $1,525 | $1,899 | $2,495 | $1,821 |
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 $967 per month. This is about 51% 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 $950 per month. That is about $81 more than the cost of a studio apartment.
- How many available rental listings are in 38104?There are 301 available rental listings in 38104.
- What are some cities near 38104?
View this page in Spanish: Apartamentos de lujo en renta en 38104 - 692 Rentas | Trulia