Apartments in 38126
9 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 Save Search in 38126
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Apartments For Rent Near 38126
We found 30 more apartments matching your filters just outside 38126
- 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 - PET FRIENDLY
- 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 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,288 - $2,390/mo1-3 Beds1-2 BathsBristol On Union Apartment Homes | 205 Pasadena Pl #416,
Memphis, TN 38104 - SPECIAL OFFERPET 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 - $1,259 - $2,207/moStudio-2 Beds1-2 BathsThe Rise Apartments | 420 Monroe Ave #1403,
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 - $100/moStudio-1 Bed1 BathCity View Towers - 62 & Older | 256 S Camilla St #ff39324fc,
Memphis, TN 38104 - $1,139 - $4,700/moStudio-2 Beds1-3 BathsThe Landing Residences | 1 Doctor Martin Luther King Junior Ave #345,
Memphis, TN 38103 - $1,445 - $5,900/mo1-3 Beds1-3 BathsThe Oliver Luxury Apartments | 7 Vance Ave #602,
Memphis, TN 38103 - Total price$1,650 - $2,750/mo1-2 Beds1-2 BathsRiverLofts @ 460 Tennessee | 460 Tennessee St #313,
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 May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $762 |
| Jul 2025 | $826 |
| Aug 2025 | $849 |
| Sep 2025 | $826 |
| Oct 2025 | $820 |
| Nov 2025 | $833 |
| Dec 2025 | $781 |
| Jan 2026 | $775 |
| Feb 2026 | $804 |
| Mar 2026 | $910 |
| Apr 2026 | $941 |
| May 2026 | $896 |
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 | $699 | $625 | $1,314 | $1,050 | $850 |
| Townhomes | — | $599 | — | — | $599 |
| Apartments and Condos | $625 | $850 | $1,450 | — | $699 |
| Houses | — | $625 | $1,095 | $1,050 | $1,150 |
Frequently Asked Questions about Apartments and Condos for rent in 38126
- What is the average rent of an apartment in 38126?The average rent of an apartment in 38126 is $889 per month. This is about 54% 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 Jun 2025 when it was $762 per month.
- When is the average rent most expensive in 38126?In the last year, the average rent in 38126 was highest in May 2025 when it was $966 per month.
- How many apartments or condos are available to rent in 38126?There are 7 available apartments or condos to rent in 38126.
- What are some cities near 38126?