Cheap Apartments for Rent in 38119
62 rentals
Use arrow keys to navigatePET FRIENDLY$1,006 - $1,628/mo
1-3 Beds
1-3 BathsLegacy on Lynnfield - NEWLY UPGRADED | 5900 Cedar Forest Dr,
Memphis, TN 38119
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYFURNISHED
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NEW - 6 HRS AGO
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PET FRIENDLY0.28 ACRES
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PET FRIENDLYFURNISHED
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FURNISHEDROOM FOR RENT- FURNISHED
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Average Rent Trends in 38119
Rent in 38119 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,764 |
| Nov 2025 | $1,795 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,789 |
| Mar 2026 | $1,833 |
| Apr 2026 | $1,900 |
| May 2026 | $2,295 |
| Jun 2026 | $2,195 |
| Jul 2026 | $2,100 |
| Aug 2026 | $2,195 |
| Sep 2026 | $2,100 |
Average Rent By Bedroom and Home Type
In October 2026, Townhomes were the most affordable home type to rent compared with Houses and Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,800 | $1,400 | $1,695 | $2,050 | $2,150 |
| Townhomes | — | $1,367 | — | — | $1,367 |
| Apartments and Condos | $4,600 | $1,500 | — | — | $3,800 |
| Houses | — | $1,185 | $1,795 | $2,050 | $2,184 |
Frequently Asked Questions about Rentals in 38119
- What is the average rent of an apartment in 38119?The average rent of an apartment in 38119 is $2,610 per month. This is about 34% higher than the national average.
- What are the cheapest months to find an apartment to rent in 38119?Last year, the cheapest month to find an apartment to rent was Oct 2025 when it was $1,764 per month.
- How many cheap apartments are available in 38119?There are 31 apartments to rent that are cheaper than the city’s average rent of $2,150.
- When is the average rent most expensive in 38119?In the last year, the average rent in 38119 was highest in May 2025 when it was $1,935 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 38119?The average rent of a 1 bedroom apartment in 38119 is $1,800 per month. That is about $2,000 less than the cost of a studio apartment.
- What are some cities near 38119?Some nearby cities include: Germantown, Cordova, Memphis, Olive Branch, Collierville, Bartlett. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 38119 - 207 Rentas | Trulia