Townhomes For Rent in 38112

18 rentals

Apartments For Rent Near 38112

We found 23 more apartments matching your filters just outside 38112

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 increased in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Jun 2025$1,150
Jul 2025$925
Aug 2025$925
Sep 2025$694
Oct 2025$1,200
Nov 2025$925
Dec 2025$775
Jan 2026$925
Feb 2026$925
Mar 2026$883
Apr 2026$925
May 2026$1,299
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$850$900$1,350$1,600$1,100
Townhomes$1,050$1,065$1,289—$1,299
Apartments and Condos$828$850$1,475$1,465$850
Houses$895$895$1,350$1,600$1,381

Frequently Asked Questions about Townhomes for rent in 38112

  • What is the average rent of a townhome in 38112?
    The average rent of a townhome in 38112 is $1,299 per month. This is about 33% 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 Sep 2025 when it was $694 per month.
  • When is the average rent most expensive in 38112?
    In the last year, the average rent in 38112 was highest in Feb 2025 when it was $2,150 per month.
  • How many townhomes are available to rent in 38112?
    There are 12 available townhomes 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.