Luxury Apartments for Rent in 38109
175 rentals
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APPLY INSTANTLY
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PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
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Average Rent Trends in 38109
Rent in 38109 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 Mar 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,100 |
| Jul 2025 | $1,125 |
| Aug 2025 | $1,108 |
| Sep 2025 | $1,125 |
| Oct 2025 | $1,100 |
| Nov 2025 | $1,100 |
| Dec 2025 | $1,125 |
| Jan 2026 | $1,100 |
| Feb 2026 | $1,100 |
| Mar 2026 | $1,100 |
| Apr 2026 | $1,165 |
| May 2026 | $1,135 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $700 | $850 | $1,135 | $1,395 | $1,136 |
| Townhomes | — | $895 | — | — | $895 |
| Apartments and Condos | $700 | $750 | $900 | — | $750 |
| Houses | $695 | $910 | $1,135 | $1,395 | $1,195 |
Frequently Asked Questions about Rentals in 38109
- What is the average rent of an apartment in 38109?The average rent of an apartment in 38109 is $750 per month. This is about 61% lower than the national average.
- What is the average rent of a house in 38109?The average rent of a house in 38109 is $1,195 per month. This is about 38% lower than the national average.
- What is the average rent of a townhome in 38109?The average rent of a townhome in 38109 is $895 per month. This is about 54% lower than the national average.
- When is the average rent cheapest in 38109?In the last year, the average rent in 38109 was lowest in Jun 2025 when it was $1,100 per month.
- When is the average rent most expensive in 38109?In the last year, the average rent in 38109 was highest in Mar 2025 when it was $1,200 per month.
- How many available rental listings are in 38109?There are 183 available rental listings in 38109.
- What are some cities near 38109?Some nearby cities include: West Memphis, Walls, Horn Lake, Edmondson, Memphis, Anthonyville. These cities may have more rental options to explore.