New Townhomes For Rent in 38115
12 rentals
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLY
Use arrow keys to navigateAPPLY INSTANTLY
Use arrow keys to navigate
Use arrow keys to navigateAPPLY INSTANTLY
PET FRIENDLY
Save Search in 38115
38115TownhomeGet emails when new homes match this search
Apartments For Rent Near 38115
We found 21 more apartments matching your filters just outside 38115
Use arrow keys to navigateNEW - 1 HR AGO
Use arrow keys to navigateNEW - 18 HRS AGOAPPLY INSTANTLYPET FRIENDLY
Use arrow keys to navigate
Use arrow keys to navigateNEW - 1 DAY AGO
Use arrow keys to navigate
Use arrow keys to navigate
Use arrow keys to navigatePET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLY
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 townhome decreased in Sep 2026 compared to the previous month. Rent for townhomes peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,120 |
| Nov 2025 | $1,050 |
| Dec 2025 | $1,100 |
| Jan 2026 | $1,100 |
| Feb 2026 | $1,195 |
| Mar 2026 | $1,100 |
| Apr 2026 | $1,100 |
| May 2026 | $1,100 |
| Jun 2026 | $1,100 |
| Jul 2026 | $1,100 |
| Aug 2026 | $1,350 |
| Sep 2026 | $1,250 |
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 | $854 | $997 | $1,357 | $1,695 | $1,226 |
| Townhomes | — | $1,000 | $1,299 | $1,500 | $1,000 |
| Apartments and Condos | $650 | $995 | $1,226 | — | $995 |
| Houses | — | $1,150 | $1,493 | $1,745 | $1,518 |
Frequently Asked Questions about Townhomes for rent in 38115
- What is the average rent of a townhome in 38115?The average rent of a townhome in 38115 is $1,000 per month. This is about 49% lower than the national average.
- When is the average rent for a townhome cheapest in 38115?In the last year, the average rent in 38115 was lowest in Nov 2025 when it was $1,050 per month.
- When is the average rent for a townhome most expensive in 38115?In the last year, the average rent in 38115 was highest in Jan 2025 when it was $1,350 per month.
- How does the rent of a 3 bedroom townhome compare to a 2 bedroom townhome in 38115?The average rent of a 3 bedroom townhome in 38115 is $1,299 per month. That is about $299 more than the cost of a 2 bedroom townhome.
- How many townhomes are available to rent in 38115?There are 12 available townhomes 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: New Townhomes For Rent around 38115 - 33 Townhouses | Trulia