Apartments in 38114

28 rentals

Apartments For Rent Near 38114

We found 30 more apartments matching your filters just outside 38114

Average Rent Trends in 38114

Rent in 38114 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Nov 2026 compared to the previous month. Rent for apartments peaked in Apr 2025.
MonthAverage rent
Dec 2025$753
Jan 2026$831
Feb 2026$834
Mar 2026$837
Apr 2026$738
May 2026$833
Jun 2026$768
Jul 2026$761
Aug 2026$808
Sep 2026$767
Oct 2026$782
Nov 2026$765
View as a graph

Average Rent By Bedroom and Home Type

In November 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$700$895$1,200$1,550$1,183
Townhomes$595$1,250$1,200—$1,200
Apartments and Condos$750$800$895—$799
Houses$700$895$1,265$1,550$1,265

Frequently Asked Questions about Apartments and Condos for rent in 38114

  • What is the average rent of an apartment in 38114?
    The average rent of an apartment in 38114 is $768 per month.
  • When is the average rent for an apartment cheapest in 38114?
    In 2025, the average rent for an apartment in 38114 was lowest in September when it was $716 per month.
  • When is the average rent for an apartment most expensive in 38114?
    In 2025, the average rent for an apartment in 38114 was highest in April when it was $852 per month.
  • How many apartments or condos are available to rent in 38114?
    There are 28 available apartments or condos to rent in 38114.
  • What are some cities near 38114?
    Some nearby cities include: Memphis, Southaven, Horn Lake, West Memphis, Germantown, Cordova. These cities may have more rental options to explore.