Apartments For Rent in 38128
146 rentals
- SPECIAL OFFERPET FRIENDLY
- PET FRIENDLY$799 - $1,499/mo1-3 Beds1-2 BathsCovington Hills | 4800 Raleigh Lagrange Rd #2603-5,
Memphis, TN 38128 - NEW - 1 DAY AGOPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$828 - $1,629/mo1-3 Beds1-2 BathsThe Summit Apartments | 4981 Hidden Lake Dr #17-105,
Memphis, TN 38128 - NEW - 1 DAY AGO
- APPLY INSTANTLYSPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLYTotal price$837 - $1,262/mo1-3 Beds1-2 BathsThe Meridian Apartments | 4787 Garden Grove Cv #4769-2,
Memphis, TN 38128 - $1,295 - $1,595/mo3-4 Beds3 BathsSunridge Townhomes | 4990 Clinchstone Cir #AR4968,
Memphis, TN 38128 - $2,000 - $2,200/mo3 Beds2 BathsRiver Bluff Estates | 4700 Raleigh Millington Rd #a926b38db,
Memphis, TN 38128 - Contact for price1-3 Beds1-2 BathsHilldale Apartments | 3541 Eastline Dr #5502413,
Memphis, TN 38128 - $925 - $980/mo2-3 Beds1-2 BathsAllentown Park | 4912 Raleigh Millington Rd #46af381d9,
Memphis, TN 38128
Average Rent Trends in 38128
Rent in 38128 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,350 |
| Aug 2025 | $1,295 |
| Sep 2025 | $1,285 |
| Oct 2025 | $1,295 |
| Nov 2025 | $1,200 |
| Dec 2025 | $1,259 |
| Jan 2026 | $1,245 |
| Feb 2026 | $1,250 |
| Mar 2026 | $1,250 |
| Apr 2026 | $1,279 |
| May 2026 | $1,295 |
| Jun 2026 | $1,295 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $750 | $895 | $1,300 | $1,550 | $1,295 |
| Townhomes | — | — | $1,400 | — | $1,400 |
| Apartments and Condos | $775 | $800 | $1,095 | — | $800 |
| Houses | $150 | $1,000 | $1,325 | $1,550 | $1,350 |
Frequently Asked Questions about Rentals in 38128
- What is the average rent of an apartment in 38128?The average rent of an apartment in 38128 is $1,013 per month. This is about 48% lower than the national average.
- When is the average rent cheapest in 38128?In the last year, the average rent in 38128 was lowest in Nov 2025 when it was $1,200 per month.
- When is the average rent most expensive in 38128?In the last year, the average rent in 38128 was highest in Apr 2025 when it was $1,395 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 38128?The average rent of a 1 bedroom apartment in 38128 is $750 per month. That is about $600 more than the cost of a studio apartment.
- How many available rental listings are in 38128?There are 151 available rental listings in 38128.
- What are some cities near 38128?Some nearby cities include: Bartlett, Millington, Memphis, Cordova, Lakeland, Germantown. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en renta en 38128 - 300 Rentas | Trulia