Apartments in 38127

11 rentals

Apartments For Rent Near 38127

We found 30 more apartments matching your filters just outside 38127

Average Rent Trends in 38127

Rent in 38127 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in Oct 2025.
MonthAverage rent
Sep 2025$850
Oct 2025$987
Nov 2025$826
Dec 2025$798
Jan 2026$874
Feb 2026$919
Mar 2026$837
Apr 2026$876
May 2026$947
Jun 2026$925
Jul 2026$992
Aug 2026$947
View as a graph

Average Rent By Bedroom and Home Type

In August 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$717$875$1,095$1,384$1,100
Townhomes$975—$895—$895
Apartments and Condos—$950$875—$950
Houses$717$850$1,095$1,384$1,106

Frequently Asked Questions about Apartments and Condos for rent in 38127

  • What is the average rent of an apartment in 38127?
    The average rent of an apartment in 38127 is $1,026 per month. This is about 48% lower than the national average.
  • When is the average rent for an apartment cheapest in 38127?
    In the last year, the average rent in 38127 was lowest in Jan 2025 when it was $791 per month.
  • When is the average rent for an apartment most expensive in 38127?
    In the last year, the average rent in 38127 was highest in Oct 2025 when it was $987 per month.
  • How many apartments or condos are available to rent in 38127?
    There are 18 available apartments or condos to rent in 38127.
  • What are some cities near 38127?
    Some nearby cities include: Memphis, Millington, West Memphis, Sunset, Marion, Bartlett. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 38127 - 476 Apartamentos | Trulia