Apartments in 38106

40 rentals

Apartments For Rent Near 38106

We found 30 more apartments matching your filters just outside 38106

Average Rent Trends in 38106

Rent in 38106 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment stayed about the same in Aug 2026 compared to the previous month. Rent for apartments peaked in Apr 2025.
MonthAverage rent
Sep 2025$714
Oct 2025$770
Nov 2025$735
Dec 2025$722
Jan 2026$735
Feb 2026$789
Mar 2026$777
Apr 2026$702
May 2026$739
Jun 2026$751
Jul 2026$710
Aug 2026$713
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$740$849$1,100$1,400$1,000
Townhomes—$650——$650
Apartments and Condos$750$750$875$650$775
Houses$695$950$1,100$1,400$1,095

Frequently Asked Questions about Apartments and Condos for rent in 38106

  • What is the average rent of an apartment in 38106?
    The average rent of an apartment in 38106 is $653 per month. This is about 67% lower than the national average.
  • When is the average rent for an apartment cheapest in 38106?
    In the last year, the average rent in 38106 was lowest in Jul 2025 when it was $676 per month.
  • When is the average rent for an apartment most expensive in 38106?
    In the last year, the average rent in 38106 was highest in Apr 2025 when it was $902 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 38106?
    The average rent of a 1 bedroom apartment in 38106 is $750 per month. That is about $100 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 38106?
    There are 42 available apartments or condos to rent in 38106.
  • What are some cities near 38106?
    Some nearby cities include: Memphis, West Memphis, Horn Lake, Southaven, Marion, Walls. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 38106 - 393 Apartamentos | Trulia