Cheap Apartments for Rent in 38125
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,132 - $2,036/mo
1-3 Beds
1-2 BathsWaterford Place Apartment Homes | 8037 Waterford Cir,
Memphis, TN 38125
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,270 - $2,232/moStudio-3 Beds1-2 BathsThe Villas at Germantown Apartments | 3750 Moraine St,
Memphis, TN 38125
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,277 - $2,382/moStudio-3 Beds1-2 BathsSprings at Buckingham Farms | 4556 Hacks Cross Rd,
Memphis, TN 38125
SPECIAL OFFERPET FRIENDLY$1,342 - $2,201/mo1-3 Beds1-2 BathsCity Place at Germantown Apartments | 8993 Crestwyn Hills Dr,
Memphis, TN 38125
$1,347 - $1,812/mo1-3 Beds1-2 BathsMiller Creek at Germantown Apartments | 3769 Skipping Stone Trce,
Memphis, TN 38125
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Average Rent Trends in 38125
Rent in 38125 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,900 |
| Oct 2025 | $1,879 |
| Nov 2025 | $1,867 |
| Dec 2025 | $1,900 |
| Jan 2026 | $1,925 |
| Feb 2026 | $1,890 |
| Mar 2026 | $1,886 |
| Apr 2026 | $2,100 |
| May 2026 | $2,037 |
| Jun 2026 | $1,977 |
| Jul 2026 | $1,905 |
| Aug 2026 | $1,840 |
Average Rent By Bedroom and Home Type
In August 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 | $1,378 | $1,690 | $1,765 | $2,150 | $1,832 |
| Townhomes | — | — | $1,650 | — | $1,650 |
| Apartments and Condos | — | — | $1,465 | $1,832 | $1,710 |
| Houses | — | $1,225 | $1,795 | $2,225 | $1,945 |
Frequently Asked Questions about Rentals in 38125
- What is the average rent of an apartment in 38125?The average rent of an apartment in 38125 is $1,627 per month. This is about 17% lower than the national average.
- When is the average rent cheapest in 38125?In the last year, the average rent in 38125 was lowest in Nov 2025 when it was $1,867 per month.
- When is the average rent most expensive in 38125?In the last year, the average rent in 38125 was highest in Apr 2025 when it was $1,994 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 38125?The average rent of a 1 bedroom apartment in 38125 is $1,378 per month. That is about $116 more than the cost of a studio apartment.
- How many available rental listings are in 38125?There are 84 available rental listings in 38125.
- What are some cities near 38125?Some nearby cities include: Germantown, Olive Branch, Collierville, Cordova, Piperton, Eads. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 38125 - 332 Rentas | Trulia