Cheap Apartments for Rent in 38125
88 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,225 - $2,045/mo
1-3 Beds
1-2 BathsWaterford Place Apartment Homes | 8037 Waterford Cir #5-104,
Memphis, TN 38125
Use arrow keys to navigatePET FRIENDLY$1,278 - $2,106/moStudio-3 Beds1-2 BathsThe Villas at Germantown Apartments | 3750 Moraine St #8-310,
Memphis, TN 38125
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SPECIAL OFFER$1,328 - $1,788/mo1-3 Beds1-2 BathsMiller Creek at Germantown Apartments | 3769 Skipping Stone Trce #16-16-307,
Memphis, TN 38125
SPECIAL OFFERPET FRIENDLY$1,362 - $2,117/moStudio-3 Beds1-2 BathsSprings at Buckingham Farms | 4556 Hacks Cross Rd #201,
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 May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,945 |
| Jul 2025 | $1,895 |
| Aug 2025 | $1,945 |
| 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 | $1,895 |
| Apr 2026 | $2,114 |
| May 2026 | $2,037 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,317 | $1,493 | $1,955 | $2,161 | $2,036 |
| Apartments and Condos | — | $1,275 | $1,840 | — | $1,740 |
| Houses | — | $1,280 | $1,957 | $2,161 | $2,083 |
Frequently Asked Questions about Rentals in 38125
- What is the average rent in 38125?The average rent in 38125 is $2,036. Rent prices range from $650 to as much as $7,495, depending on the type of rental.
- How does the rent in 38125 compare to the national average?Average rent in 38125 is about 7% higher than the national average rent of $1,910. That means it is more expensive to rent in 38125 compared to the U.S. average.
- What is the average rent in 38125, by number of bedrooms?The average rent in 38125 is $1,229 for a studio, $1,317 for a 1 bedroom, $1,493 for a 2 bedroom, $1,955 for a 3 bedroom, and $2,161 for a 4 bedroom.
- How have rent prices in 38125 changed compared to last year?In the past year, the average rent price in 38125 has increased by $91. That means the average rent is 4% higher than last year.
- How many available rental listings are in 38125?There are 88 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.