Apartments For Rent By Private Owner in 38117

14 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 Oct 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Nov 2025$1,600
Dec 2025$1,595
Jan 2026$1,575
Feb 2026$1,515
Mar 2026$1,600
Apr 2026$1,650
May 2026$1,595
Jun 2026$1,595
Jul 2026$1,550
Aug 2026$1,595
Sep 2026$1,600
Oct 2026$1,572
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$806$1,300$1,535$1,995$1,535
Townhomes——$1,232—$1,232
Apartments and Condos—$1,014—$2,620$1,014
Houses—$1,350$1,540$1,995$1,553

Frequently Asked Questions about Rentals in 38117

  • What is the average rent of an apartment in 38117?
    The average rent of an apartment in 38117 is $1,168 per month. This is about 40% lower than the national average.
  • When is the average rent cheapest in 38117?
    In the last year, the average rent in 38117 was lowest in Feb 2025 when it was $1,446 per month.
  • When is the average rent most expensive in 38117?
    In the last year, the average rent in 38117 was highest in Jul 2025 when it was $1,645 per month.
  • How many available rental listings are in 38117?
    There are 81 available rental listings 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.
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