New Townhomes For Rent in 38122

4 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 for a townhome stayed about the same in Oct 2026 compared to the previous month. Rent for townhomes peaked in Jan 2025.
MonthAverage rent
Nov 2025$850
Dec 2025$825
Jan 2026$825
Feb 2026$825
Mar 2026$850
Apr 2026$795
May 2026$925
Jun 2026$695
Jul 2026$850
Aug 2026$850
Sep 2026$825
Oct 2026$825
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$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 Townhomes for rent in 38122

  • What is the average rent of a townhome in 38122?
    The average rent of a townhome in 38122 is $850 per month. This is about 56% lower than the national average.
  • When is the average rent for a townhome cheapest in 38122?
    In the last year, the average rent in 38122 was lowest in Sep 2025 when it was $625 per month.
  • When is the average rent for a townhome most expensive in 38122?
    In the last year, the average rent in 38122 was highest in Jan 2025 when it was $850 per month.
  • How many townhomes are available to rent in 38122?
    There are 4 available townhomes to rent 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.
View this page in Spanish: New Townhomes For Rent around 38122 - 123 Townhouses | Trulia