Apartments For Rent By Private Owner in 38122

17 rentals

Apartments For Rent Near 38122

We found 30 more apartments matching your filters just outside 38122

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 increased in Oct 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
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
Oct 2026$1,150
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$785$975$1,250$1,550$1,150
Townhomes$725$825——$825
Apartments and Condos$785$895$1,500$1,550$895
Houses$725$1,100$1,250$1,550$1,215

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 $847 per month. This is about 56% 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 $785 per month. That is about $135 more than the cost of a studio apartment.
  • How many available rental listings are in 38122?
    There are 133 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.
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