Apartments in 38111
75 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$750 - $950/mo
2-3 Beds
1-3 BathsBrentwood Parc | 640 Aspire Ln #250bd3d3b,
Memphis, TN 38111
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,250 - $1,350/mo2 Beds1 BathHighpoint at The Greenline | 385 N Graham St #375-26,
Memphis, TN 38111
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PET FRIENDLY$895 - $995/mo2 Beds1-2 BathsU of M Area - Southernwood Apartments | 592-600 Patterson St #600-12,
Memphis, TN 38111
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Average Rent Trends in 38111
Rent in 38111 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 | $955 |
| Jul 2025 | $955 |
| Aug 2025 | $932 |
| Sep 2025 | $971 |
| Oct 2025 | $949 |
| Nov 2025 | $919 |
| Dec 2025 | $921 |
| Jan 2026 | $893 |
| Feb 2026 | $934 |
| Mar 2026 | $938 |
| Apr 2026 | $951 |
| May 2026 | $936 |
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 | $800 | $983 | $1,350 | $1,595 | $1,170 |
| Townhomes | — | $995 | $1,299 | — | $1,182 |
| Apartments and Condos | $795 | $950 | $1,450 | — | $945 |
| Houses | $795 | $1,150 | $1,355 | $1,595 | $1,335 |
Frequently Asked Questions about Apartments and Condos for rent in 38111
- What is the average rent of an apartment or condo in 38111?The average rent of an apartment or condo in 38111 is $935. Rent prices range from $150 to as much as $2,150, depending on the type of apartment or condo.
- How does the rent of an apartment or condo in 38111 compare to the national average?Average rent of an apartment or condo in 38111 is about 52% lower than the national average rent of $1,930 for an apartment or condo. That means it is less expensive to rent an apartment or condo in 38111 compared to the U.S. average.
- What is the average rent of an apartment or condo in 38111, by number of bedrooms?The average rent of an apartment or condo in 38111 is $834 for a studio, $876 for a 1 bedroom, $930 for a 2 bedroom, $1,283 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices of an apartment or condo in 38111 changed compared to last year?In the past year, the average rent price of an apartment or condo in 38111 has decreased by $58. That means the average rent of an apartment or condo is 6% lower than last year.
- How many apartments or condos are available to rent in 38111?There are 78 available apartments or condos to rent in 38111.
- What are some cities near 38111?