Apartments in 38112
51 rentals
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Studio-2 Beds
1-2 BathsLink Apartments Broad Ave | 2540 Broad Ave #2580-444,
Memphis, TN 38112
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Average Rent Trends in 38112
Rent in 38112 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 Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $990 |
| Jul 2025 | $971 |
| Aug 2025 | $1,004 |
| Sep 2025 | $963 |
| Oct 2025 | $988 |
| Nov 2025 | $934 |
| Dec 2025 | $1,007 |
| Jan 2026 | $923 |
| Feb 2026 | $911 |
| Mar 2026 | $994 |
| Apr 2026 | $981 |
| 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 | $850 | $900 | $1,435 | $1,550 | $1,195 |
| Townhomes | $1,050 | $1,065 | $1,299 | — | $1,299 |
| Apartments and Condos | $815 | $900 | $1,475 | $1,498 | $900 |
| Houses | $895 | $895 | $1,435 | $1,550 | $1,350 |
Frequently Asked Questions about Apartments and Condos for rent in 38112
- What is the average rent of an apartment in 38112?The average rent of an apartment in 38112 is $890 per month. This is about 54% lower than the national average.
- When is the average rent cheapest in 38112?In the last year, the average rent in 38112 was lowest in Apr 2025 when it was $905 per month.
- When is the average rent most expensive in 38112?In the last year, the average rent in 38112 was highest in Jan 2025 when it was $1,198 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 38112?The average rent of a 1 bedroom apartment in 38112 is $860 per month. That is about $104 less than the cost of a studio apartment.
- How many apartments or condos are available to rent in 38112?There are 60 available apartments or condos to rent in 38112.
- What are some cities near 38112?Some nearby cities include: Memphis, Bartlett, West Memphis, Germantown, Cordova, Southaven. These cities may have more rental options to explore.