Townhomes For Rent in 38120
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Apartments For Rent Near 38120
We found 30 more apartments matching your filters just outside 38120
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Average Rent Trends in 38120
Rent in 38120 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 Aug 2026 compared to the previous month. Rent for townhomes peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $975 |
| Oct 2025 | $925 |
| Nov 2025 | $975 |
| Dec 2025 | $1,395 |
| Jan 2026 | $1,200 |
| Feb 2026 | $1,200 |
| Mar 2026 | $1,395 |
| Apr 2026 | $1,360 |
| May 2026 | $1,325 |
| Jun 2026 | $1,325 |
| Jul 2026 | $1,350 |
| Aug 2026 | $1,350 |
Average Rent By Bedroom and Home Type
In August 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 | $1,125 | $1,395 | $2,395 | $2,500 | $1,805 |
| Townhomes | $950 | $1,350 | $1,500 | — | $1,350 |
| Apartments and Condos | $995 | $1,213 | — | — | $1,125 |
| Houses | — | $1,600 | $2,500 | $2,500 | $2,550 |
Frequently Asked Questions about Townhomes for rent in 38120
- What is the average rent of a townhome in 38120?The average rent of a townhome in 38120 is $1,350 per month. This is about 31% lower than the national average.
- When is the average rent for a townhome cheapest in 38120?In the last year, the average rent in 38120 was lowest in Oct 2025 when it was $925 per month.
- When is the average rent for a townhome most expensive in 38120?In the last year, the average rent in 38120 was highest in Mar 2025 when it was $1,650 per month.
- How does the rent of a 3 bedroom townhome compare to a 2 bedroom townhome in 38120?The average rent of a 3 bedroom townhome in 38120 is $1,500 per month. That is about $150 more than the cost of a 2 bedroom townhome.
- How many townhomes are available to rent in 38120?There are 4 available townhomes to rent in 38120.
- What are some cities near 38120?Some nearby cities include: Germantown, Cordova, Memphis, Bartlett, Eads, Collierville. These cities may have more rental options to explore.
View this page in Spanish: Casas adosadas en renta en los alrededores de 38120 - 120 Casas adosadas | Trulia