Townhomes For Rent in 38120

2 rentals

Apartments For Rent Near 38120

We found 30 more apartments matching your filters just outside 38120

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 Sep 2026 compared to the previous month. Rent for townhomes peaked in Mar 2025.
MonthAverage rent
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
Sep 2026$1,350
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Average Rent By Bedroom and Home Type

In September 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$1,065$1,350$1,900$2,116$1,755
Townhomes$950$1,250——$1,250
Apartments and Condos$995$1,195——$1,065
Houses—$1,595$1,900$2,116$2,100

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 $1,250 per month. This is about 36% 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 many townhomes are available to rent in 38120?
    There are 3 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 - 123 Casas adosadas | Trulia