Apartments in 38108

21 rentals

Apartments For Rent Near 38108

We found 30 more apartments matching your filters just outside 38108

Average Rent Trends in 38108

Rent in 38108 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Jun 2025$723
Jul 2025$727
Aug 2025$637
Sep 2025$617
Oct 2025$675
Nov 2025$633
Dec 2025$874
Jan 2026$861
Feb 2026$753
Mar 2026$691
Apr 2026$650
May 2026$682
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$625$850$1,200$1,475$995
Townhomes$600$775——$775
Apartments and Condos$500$700——$700
Houses$750$895$1,195$1,475$1,095

Frequently Asked Questions about Apartments and Condos for rent in 38108

  • What is the average rent of an apartment in 38108?
    The average rent of an apartment in 38108 is $740 per month. This is about 62% lower than the national average.
  • When is the average rent cheapest in 38108?
    In the last year, the average rent in 38108 was lowest in Sep 2025 when it was $617 per month.
  • When is the average rent most expensive in 38108?
    In the last year, the average rent in 38108 was highest in Dec 2025 when it was $874 per month.
  • How many apartments or condos are available to rent in 38108?
    There are 25 available apartments or condos to rent in 38108.
  • What are some cities near 38108?
    Some nearby cities include: Memphis, Bartlett, West Memphis, Cordova, Germantown, Millington. These cities may have more rental options to explore.