Luxury Apartments for Rent in 38126

16 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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
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
Jun 2026$1,050
View as a graph

Average Rent By Bedroom and Home Type

In June 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$625$649$1,250$1,850$850
Townhomes—$599——$599
Apartments and Condos$599$795$1,250—$625
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 $837 per month. This is about 57% 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 20 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.