Townhomes For Rent in 38118

8 rentals

Apartments For Rent Near 38118

We found 30 more apartments matching your filters just outside 38118

Average Rent Trends in 38118

Rent in 38118 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a townhome stayed about the same in Nov 2026 compared to the previous month. Rent for townhomes peaked in Dec 2025.
MonthAverage rent
Dec 2025$1,000
Jan 2026$1,000
Feb 2026$875
Mar 2026$895
Apr 2026$895
May 2026$950
Jun 2026$995
Jul 2026$995
Aug 2026$1,050
Sep 2026$995
Oct 2026$995
Nov 2026$995
View as a graph

Average Rent By Bedroom and Home Type

In November 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$675$866$1,225$1,517$1,195
Townhomes—$995——$995
Apartments and Condos$600$1,000$1,215—$900
Houses—$950$1,250$1,517$1,278

Frequently Asked Questions about Townhomes for rent in 38118

  • What is the average rent of a townhome in 38118?
    The average rent of a townhome in 38118 is $995 per month.
  • When is the average rent for a townhome cheapest in 38118?
    In 2025, the average rent for a townhome in 38118 was lowest in August when it was $695 per month.
  • When is the average rent for a townhome most expensive in 38118?
    In 2025, the average rent for a townhome in 38118 was highest in December when it was $1,000 per month.
  • How many townhomes are available to rent in 38118?
    There are 1 available townhomes to rent in 38118.
  • What are some cities near 38118?
    Some nearby cities include: Memphis, Southaven, Germantown, Horn Lake, Olive Branch, Nesbit. These cities may have more rental options to explore.
View this page in Spanish: Casas adosadas en renta en los alrededores de 38118 - 38 Casas adosadas | Trulia