Cheap Apartments for Rent in 38105
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PET FRIENDLY$725 - $1,350/mo
Studio-2 Beds
0-1 BathHelix at the District - Utilities Included | 141 N Manassas St,
Memphis, TN 38105
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PET FRIENDLYINCOME RESTRICTED
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PET FRIENDLY$1,056 - $1,627/moStudio-2 Beds1-2 BathsIris Luxury Apartments | 810 Washington Ave,
Memphis, TN 38105
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Average Rent Trends in 38105
Rent in 38105 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,025 |
| Oct 2025 | $990 |
| Nov 2025 | $984 |
| Dec 2025 | $950 |
| Jan 2026 | $995 |
| Feb 2026 | $995 |
| Mar 2026 | $975 |
| Apr 2026 | $950 |
| May 2026 | $920 |
| Jun 2026 | $895 |
| Jul 2026 | $925 |
| Aug 2026 | $1,100 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | $950 | $3,300 | $965 | $965 |
| Apartments and Condos | $1,100 | $725 | — | — | $795 |
| Houses | $675 | $975 | $1,400 | $965 | $1,050 |
Frequently Asked Questions about Rentals in 38105
- What is the average rent of an apartment in 38105?The average rent of an apartment in 38105 is $869 per month. This is about 56% lower than the national average.
- When is the average rent cheapest in 38105?In the last year, the average rent in 38105 was lowest in Dec 2025 when it was $950 per month.
- When is the average rent most expensive in 38105?In the last year, the average rent in 38105 was highest in Feb 2025 when it was $1,140 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 38105?The average rent of a 1 bedroom apartment in 38105 is $850 per month. That is about $206 less than the cost of a studio apartment.
- How many available rental listings are in 38105?There are 56 available rental listings in 38105.
- What are some cities near 38105?
View this page in Spanish: Apartamentos baratos en renta en 38105 - 192 Rentas | Trulia