Apartments in 38117

7 rentals

Apartments For Rent Near 38117

We found 30 more apartments matching your filters just outside 38117

Average Rent Trends in 38117

Rent in 38117 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Nov 2025.
MonthAverage rent
Sep 2025$1,270
Oct 2025$1,047
Nov 2025$1,431
Dec 2025$1,425
Jan 2026$1,303
Feb 2026$1,222
Mar 2026$1,325
Apr 2026$1,301
May 2026$1,226
Jun 2026$1,263
Jul 2026$1,177
Aug 2026$1,294
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Average Rent By Bedroom and Home Type

In August 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$820$1,317$1,550$1,900$1,595
Townhomes——$1,999—$1,999
Apartments and Condos—$1,350$1,650—$1,400
Houses—$1,300$1,595$1,900$1,600

Frequently Asked Questions about Apartments and Condos for rent in 38117

  • What is the average rent of an apartment in 38117?
    The average rent of an apartment in 38117 is $1,294 per month. This is about 34% lower than the national average.
  • When is the average rent for an apartment cheapest in 38117?
    In the last year, the average rent in 38117 was lowest in Oct 2025 when it was $1,047 per month.
  • When is the average rent for an apartment most expensive in 38117?
    In the last year, the average rent in 38117 was highest in Nov 2025 when it was $1,431 per month.
  • How many apartments or condos are available to rent in 38117?
    There are 7 available apartments or condos to rent in 38117.
  • What are some cities near 38117?
    Some nearby cities include: Memphis, Germantown, Cordova, Bartlett, Southaven, Olive Branch. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 38117 - 122 Apartamentos | Trulia