Cheap Apartments for Rent in 38126

13 rentals

Apartments For Rent Near 38126

We found 30 more apartments matching your filters just outside 38126

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.
MonthAverage 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
View as a graph

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 bed2 beds3 beds4 bedsAll
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$1,095

Frequently Asked Questions about Rentals in 38126

  • What is the average rent in 38126?
    The average rent in 38126 is $850. Rent prices range from $599 to as much as $1,850, depending on the type of rental.
  • How does the rent in 38126 compare to the national average?
    Average rent in 38126 is about 56% lower than the national average rent of $1,910. That means it is less expensive to rent in 38126 compared to the U.S. average.
  • What is the average rent in 38126, by number of bedrooms?
    The average rent in 38126 is $ for a studio, $699 for a 1 bedroom, $625 for a 2 bedroom, $1,314 for a 3 bedroom, and $1,050 for a 4 bedroom.
  • How have rent prices in 38126 changed compared to last year?
    In the past year, the average rent price in 38126 has decreased by $10. That means the average rent is 1% lower than last year.
  • How many available rental listings are in 38126?
    There are 16 available rental listings in 38126.
  • What are some cities near 38126?
    Some nearby cities include: Memphis, West Memphis, Marion, Sunset, Horn Lake, Southaven. These cities may have more rental options to explore.