Townhomes For Rent in 38117

3 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 decreased in May 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Jan 2025$1,650
Feb 2025$1,695
Mar 2025$2,099
Apr 2025$1,595
Jun 2025$1,650
Feb 2026$995
Mar 2026$1,350
Apr 2026$1,995
May 2026$1,350
View as a graph

Average Rent By Bedroom and Home Type

In May 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$939$1,295$1,500$1,800$1,595
Townhomes——$1,995—$1,995
Apartments and Condos—$1,245$1,498—$1,498
Houses—$1,395$1,595$1,800$1,600

Frequently Asked Questions about Townhomes for rent in 38117

  • What is the average rent of a townhome in 38117?
    The average rent of a townhome in 38117 is $1,995 per month. This is about 3% higher than the national average.
  • When is the average rent cheapest in 38117?
    In the last year, the average rent in 38117 was lowest in Apr 2025 when it was $1,595 per month.
  • When is the average rent most expensive in 38117?
    In the last year, the average rent in 38117 was highest in Mar 2025 when it was $2,099 per month.
  • How many townhomes are available to rent in 38117?
    There are 1 available townhomes 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.