Apartments in 38115
44 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$999 - $1,399/mo
2-4 Beds
2-3 BathsEmerald Square Apartments | 6082 Knightsbridge Dr,
Memphis, TN 38115
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SPECIAL OFFERPET FRIENDLY$790 - $1,210/mo1-2 Beds1-2 BathsStoneridge at Germantown Falls | 6895 Club Ridge Cir,
Memphis, TN 38115
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NEW - 1 DAY AGOPET FRIENDLY$850 - $1,114/mo1-2 Beds1-2 BathsCrossings at Fox Meadows | 2894 Putting Green Cv,
Memphis, TN 38115
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NEW - 2 DAYS AGOPET FRIENDLY$581 - $1,220/moStudio-3 Beds1-3 BathsThe Residences at Lakeview | 2774 S Mendenhall Rd,
Memphis, TN 38115
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Average Rent Trends in 38115
Rent in 38115 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in May 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,085 |
| Oct 2025 | $1,071 |
| Nov 2025 | $1,093 |
| Dec 2025 | $1,106 |
| Jan 2026 | $1,100 |
| Feb 2026 | $1,145 |
| Mar 2026 | $1,176 |
| Apr 2026 | $1,040 |
| May 2026 | $1,006 |
| Jun 2026 | $1,094 |
| Jul 2026 | $1,071 |
| Aug 2026 | $990 |
Average Rent By Bedroom and Home Type
In August 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 | $873 | $985 | $1,350 | $1,650 | $1,200 |
| Townhomes | — | $895 | $1,350 | $1,500 | $1,240 |
| Apartments and Condos | $650 | $950 | $1,133 | — | $995 |
| Houses | — | $895 | $1,450 | $1,900 | $1,454 |
Frequently Asked Questions about Apartments and Condos for rent in 38115
- What is the average rent of an apartment in 38115?The average rent of an apartment in 38115 is $993 per month. This is about 49% lower than the national average.
- When is the average rent for an apartment cheapest in 38115?In the last year, the average rent in 38115 was lowest in Feb 2025 when it was $965 per month.
- When is the average rent for an apartment most expensive in 38115?In the last year, the average rent in 38115 was highest in May 2025 when it was $1,351 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 38115?The average rent of a 1 bedroom apartment in 38115 is $761 per month. That is about $160 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 38115?There are 44 available apartments or condos to rent in 38115.
- What are some cities near 38115?Some nearby cities include: Germantown, Memphis, Olive Branch, Cordova, Southaven, Collierville. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 38115 - 829 Apartamentos | Trulia