Townhomes For Rent in 38106

5 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 decreased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jun 2025$950
Jul 2025$925
Aug 2025$850
Sep 2025$950
Oct 2025$950
Nov 2025$950
Dec 2025$625
Jan 2026$625
Feb 2026$625
Mar 2026$795
Apr 2026$750
May 2026$650
View as a graph

Average Rent By Bedroom and Home Type

In May 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$695$850$1,150$1,300$1,000
Townhomes$650$595—$1,050$650
Apartments and Condos$720$850$825$740$825
Houses$500$875$1,150$1,325$1,105

Frequently Asked Questions about Townhomes for rent in 38106

  • What is the average rent of a townhome in 38106?
    The average rent of a townhome in 38106 is $650 per month. This is about 66% lower than the national average.
  • When is the average rent cheapest in 38106?
    In the last year, the average rent in 38106 was lowest in Dec 2025 when it was $625 per month.
  • When is the average rent most expensive in 38106?
    In the last year, the average rent in 38106 was highest in May 2025 when it was $950 per month.
  • How many townhomes are available to rent in 38106?
    There are 4 available townhomes 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.