Apartments in 38114
42 rentals
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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 Sep 2026 compared to the previous month. Rent for apartments peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $799 |
| Nov 2025 | $762 |
| 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 |
Average Rent By Bedroom and Home Type
In September 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 | $750 | $850 | $1,265 | $1,550 | $1,095 |
| Townhomes | $800 | $700 | $1,200 | $1,400 | $1,200 |
| Apartments and Condos | $750 | $785 | $895 | — | $785 |
| Houses | $750 | $895 | $1,300 | $1,550 | $1,250 |
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 $782 per month. This is about 60% lower than the national average.
- When is the average rent for an apartment cheapest in 38114?In the last year, the average rent in 38114 was lowest in Sep 2025 when it was $716 per month.
- When is the average rent for an apartment most expensive in 38114?In the last year, the average rent in 38114 was highest in Apr 2025 when it was $852 per month.
- How many apartments or condos are available to rent in 38114?There are 46 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.
View this page in Spanish: Apartamentos en 38114 - 54 Apartamentos | Trulia