Townhomes For Rent in 38116

2 rentals

Apartments For Rent Near 38116

We found 30 more apartments matching your filters just outside 38116

Average Rent Trends in 38116

Rent in 38116 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a townhome increased in Jun 2026 compared to the previous month. Rent for townhomes peaked in Jun 2026.
MonthAverage rent
Apr 2025$1,350
Aug 2025$1,428
Apr 2026$1,350
May 2026$1,350
Jun 2026$1,525
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Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$750$856$1,350$1,695$1,295
Townhomes——$1,500—$1,500
Apartments and Condos$783$995$1,350—$850
Houses—$895$1,380$1,700$1,400

Frequently Asked Questions about Townhomes for rent in 38116

  • What is the average rent of a townhome in 38116?
    The average rent of a townhome in 38116 is $1,500 per month. This is about 23% lower than the national average.
  • When is the average rent for a townhome cheapest in 38116?
    In the last year, the average rent in 38116 was lowest in Apr 2025 when it was $1,350 per month.
  • When is the average rent for a townhome most expensive in 38116?
    In the last year, the average rent in 38116 was highest in Aug 2025 when it was $1,428 per month.
  • How many townhomes are available to rent in 38116?
    There are 1 available townhomes to rent in 38116.
  • What are some cities near 38116?
    Some nearby cities include: Memphis, Southaven, Horn Lake, Walls, Nesbit, West Memphis. These cities may have more rental options to explore.
View this page in Spanish: Casas adosadas en renta en los alrededores de 38116 - 137 Casas adosadas | Trulia