Cheap Apartments for Rent in 38118
125 rentals
Use arrow keys to navigateROOM FOR RENT
Use arrow keys to navigateFURNISHEDROOM FOR RENT- Use arrow keys to navigate
- Use arrow keys to navigateROOM FOR RENT
Use arrow keys to navigate
Use arrow keys to navigateAPPLY INSTANTLYSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
PET FRIENDLY
NEW - 1 DAY AGO
PET FRIENDLY$850 - $1,005/mo
1-2 Beds
1-2 BathsGetwell Pointe Apartments | 2973-3007 Getwell Rd #62f7e45a5,
Memphis, TN 38118
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY- PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
NEW - 1 DAY AGO
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
NEW - 13 HRS AGOPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
Save Search in 38118
38118Get emails when new homes match this search
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 decreased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,250 |
| Jul 2025 | $1,245 |
| Aug 2025 | $1,250 |
| Sep 2025 | $1,245 |
| Oct 2025 | $1,250 |
| Nov 2025 | $1,245 |
| Dec 2025 | $1,200 |
| Jan 2026 | $1,225 |
| Feb 2026 | $1,225 |
| Mar 2026 | $1,223 |
| Apr 2026 | $1,225 |
| May 2026 | $1,200 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $652 | $995 | $1,250 | $1,450 | $1,200 |
| Townhomes | — | $950 | — | $1,395 | $950 |
| Apartments and Condos | — | $795 | $925 | — | $750 |
| Houses | — | $900 | $1,250 | $1,450 | $1,275 |
Frequently Asked Questions about Rentals in 38118
- What is the average rent in 38118?The average rent in 38118 is $1,200. Rent prices range from $150 to as much as $1,995, depending on the type of rental.
- How does the rent in 38118 compare to the national average?Average rent in 38118 is about 37% lower than the national average rent of $1,910. That means it is less expensive to rent in 38118 compared to the U.S. average.
- What is the average rent in 38118, by number of bedrooms?The average rent in 38118 is $150 for a studio, $652 for a 1 bedroom, $995 for a 2 bedroom, $1,250 for a 3 bedroom, and $1,450 for a 4 bedroom.
- How have rent prices in 38118 changed compared to last year?In the past year, the average rent price in 38118 has decreased by $100. That means the average rent is 8% lower than last year.
- How many available rental listings are in 38118?There are 124 available rental listings 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.