Apartments For Rent in 38122
124 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
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APPLY INSTANTLYPET FRIENDLY
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NEW - 23 HRS AGOPET FRIENDLY
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Average Rent Trends in 38122
Rent in 38122 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 | $1,038 |
| Nov 2025 | $1,095 |
| Dec 2025 | $1,110 |
| Jan 2026 | $1,150 |
| Feb 2026 | $1,150 |
| Mar 2026 | $1,195 |
| Apr 2026 | $1,095 |
| May 2026 | $1,095 |
| Jun 2026 | $1,150 |
| Jul 2026 | $1,150 |
| Aug 2026 | $1,125 |
| Sep 2026 | $1,110 |
Average Rent By Bedroom and Home Type
In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $800 | $950 | $1,273 | $1,550 | $1,163 |
| Townhomes | $1,895 | $850 | — | — | $850 |
| Apartments and Condos | $800 | $850 | $1,500 | $1,550 | $850 |
| Houses | $725 | $1,000 | $1,292 | $1,550 | $1,250 |
Frequently Asked Questions about Rentals in 38122
- What is the average rent of an apartment in 38122?The average rent of an apartment in 38122 is $832 per month. This is about 57% lower than the national average.
- When is the average rent cheapest in 38122?In the last year, the average rent in 38122 was lowest in Oct 2025 when it was $1,038 per month.
- When is the average rent most expensive in 38122?In the last year, the average rent in 38122 was highest in May 2025 when it was $1,250 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 38122?The average rent of a 1 bedroom apartment in 38122 is $800 per month. That is about $150 more than the cost of a studio apartment.
- How many available rental listings are in 38122?There are 129 available rental listings in 38122.
- What are some cities near 38122?Some nearby cities include: Memphis, Bartlett, Cordova, Germantown, Lakeland, Millington. These cities may have more rental options to explore.
Browse 38122 homes by type
View this page in Spanish: Apartamentos en renta en 38122 - 195 Rentas | Trulia