Apartments For Rent By Private Owner 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 stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Nov 2025$1,050
Dec 2025$1,095
Jan 2026$1,095
Feb 2026$1,095
Mar 2026$1,095
Apr 2026$1,095
May 2026$1,125
Jun 2026$1,100
Jul 2026$1,135
Aug 2026$1,100
Sep 2026$1,100
Oct 2026$1,100
View as a graph

Average Rent By Bedroom and Home Type

In October 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$975$895$1,095$1,350$1,100
Townhomes$975—$895—$895
Apartments and Condos—$850$1,300$1,095$895
Houses$1,195$895$1,095$1,362$1,110

Frequently Asked Questions about Rentals in 38127

  • What is the average rent of an apartment in 38127?
    The average rent of an apartment in 38127 is $889 per month. This is about 54% lower than the national average.
  • When is the average rent cheapest in 38127?
    In the last year, the average rent in 38127 was lowest in Mar 2025 when it was $1,035 per month.
  • When is the average rent most expensive in 38127?
    In the last year, the average rent in 38127 was highest in Jul 2025 when it was $1,135 per month.
  • How many available rental listings are in 38127?
    There are 308 available rental listings 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.
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