Apartments For Rent in 38126
15 rentals
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- $1,029 - $1,203/mo1-2 Beds1 BathIndependent Apartments | 875 Doctor Martin Luther King Jr Ave #2153,
Memphis, TN 38126
Apartments For Rent Near 38126
We found 30 more apartments matching your filters just outside 38126
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- SPECIAL OFFERPET FRIENDLYTotal price$1,445 - $1,735/mo1-2 Beds1-2 BathsSouth Bluffs Apartments | 4 Riverview Dr W #2B-2Ba-1065Sqft,
Memphis, TN 38103 - SPECIAL OFFERPET FRIENDLY$999 - $1,750/moStudio-2 Beds1-2 BathsSouth Line | 600 S Front St #1B-1Ba-700Sqft,
Memphis, TN 38103 - SPECIAL OFFERPET FRIENDLY$999 - $1,610/moStudio-2 Beds1-2 BathsSouth Junction Apartments | 9 E Carolina Ave #0B-1Ba-430Sqft,
Memphis, TN 38103 - PET FRIENDLY$1,298 - $2,400/mo1-3 Beds1-2 BathsBristol On Union Apartment Homes | 205 Pasadena Pl #449,
Memphis, TN 38104 - PET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$1,100 - $1,795/mo1-2 Beds1-2 BathsDowntown Memphis Flats | 105 S Main St #e50add262,
Memphis, TN 38103 - $1,050 - $1,300/mo2 Beds1 BathThe Courtyard at Ironworks | 1070 Poplar Ave #1059-102,
Memphis, TN 38105 - $1,195 - $2,010/moStudio-2 Beds1-2 BathsThe Peabody Collection Apartments | 125 Gayoso Ave #522,
Memphis, TN 38103 - $1,314 - $2,207/moStudio-2 Beds1-2 BathsThe Rise Apartments | 420 Monroe Ave #1423,
Memphis, TN 38103 - $831 - $1,350/moStudio-2 Beds0-1 BathHelix at the District - Utilities Included | 141 N Manassas St #A-203,
Memphis, TN 38105 - $1,220 - $4,700/moStudio-2 Beds1-3 BathsThe Landing Residences | 1 Doctor Martin Luther King Junior Ave #655,
Memphis, TN 38103 - $100/moStudio-1 Bed1 BathCity View Towers - 62 & Older | 256 S Camilla St #ff39324fc,
Memphis, TN 38104 - $1,445 - $5,900/mo1-3 Beds1-3 BathsThe Oliver Luxury Apartments | 7 Vance Ave #352,
Memphis, TN 38103 - Total price$1,650 - $1,700/mo1 Bed1 BathRiverLofts @ 460 Tennessee | 460 Tennessee St #310,
Memphis, TN 38103
Average Rent Trends in 38126
Rent in 38126 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 Sep 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $775 |
| Jul 2025 | $700 |
| Aug 2025 | $775 |
| Sep 2025 | $850 |
| Oct 2025 | $800 |
| Nov 2025 | $750 |
| Dec 2025 | $750 |
| Jan 2026 | $750 |
| Feb 2026 | $845 |
| Mar 2026 | $1,019 |
| Apr 2026 | $1,048 |
| May 2026 | $850 |
Average Rent By Bedroom and Home Type
In May 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 | $682 | $649 | $1,250 | $1,850 | $850 |
| Townhomes | — | $599 | — | — | $599 |
| Apartments and Condos | $625 | $795 | $1,450 | — | $662 |
| Houses | — | $625 | $1,095 | $1,850 | $1,150 |
Frequently Asked Questions about Rentals in 38126
- What is the average rent of an apartment in 38126?The average rent of an apartment in 38126 is $872 per month. This is about 55% lower than the national average.
- What is the average rent of a house in 38126?The average rent of a house in 38126 is $1,150 per month. This is about 40% lower than the national average.
- What is the average rent of a townhome in 38126?The average rent of a townhome in 38126 is $599 per month. This is about 69% lower than the national average.
- When is the average rent cheapest in 38126?In the last year, the average rent in 38126 was lowest in Jul 2025 when it was $700 per month.
- When is the average rent most expensive in 38126?In the last year, the average rent in 38126 was highest in Sep 2025 when it was $850 per month.
- How many available rental listings are in 38126?There are 17 available rental listings in 38126.
- What are some cities near 38126?