Apartments For Rent By Private Owner in 38114

30 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 decreased in Oct 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Nov 2025$1,050
Dec 2025$1,050
Jan 2026$1,035
Feb 2026$1,040
Mar 2026$1,095
Apr 2026$1,027
May 2026$1,100
Jun 2026$1,090
Jul 2026$1,100
Aug 2026$1,195
Sep 2026$1,145
Oct 2026$1,095
View as a graph

Average Rent By Bedroom and Home Type

In October 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$750$850$1,295$1,550$1,100
Townhomes$825$1,250$1,200$1,400$1,200
Apartments and Condos$750$800$799$2,000$785
Houses$700$895$1,300$1,550$1,265

Frequently Asked Questions about Rentals in 38114

  • What is the average rent of an apartment in 38114?
    The average rent of an apartment in 38114 is $747 per month. This is about 61% lower than the national average.
  • When is the average rent cheapest in 38114?
    In the last year, the average rent in 38114 was lowest in Oct 2025 when it was $995 per month.
  • When is the average rent most expensive in 38114?
    In the last year, the average rent in 38114 was highest in Mar 2025 when it was $1,090 per month.
  • How many available rental listings are in 38114?
    There are 177 available rental listings 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.
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