Apartments in 38127

20 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 Nov 2026 compared to the previous month. Rent for apartments peaked in Oct 2025.
MonthAverage rent
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
Sep 2026$1,036
Oct 2026$988
Nov 2026$828
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$975$895$1,090$1,350$1,095
Townhomes$975—$895—$975
Apartments and Condos—$850$1,300$1,095$895
Houses$999$895$1,090$1,350$1,095

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 $828 per month.
  • When is the average rent for an apartment cheapest in 38127?
    In 2025, the average rent for an apartment in 38127 was lowest in January when it was $791 per month.
  • When is the average rent for an apartment most expensive in 38127?
    In 2025, the average rent for an apartment in 38127 was highest in October 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: Millington, Memphis, West Memphis, Sunset, Marion, Bartlett. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 38127 - 452 Apartamentos | Trulia