Townhomes For Rent in 38128

2 rentals

Apartments For Rent Near 38128

We found 30 more apartments matching your filters just outside 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 increased in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Apr 2025$1,350
May 2025$1,050
Jul 2025$1,100
Aug 2025$1,100
Sep 2025$1,395
Oct 2025$1,395
Nov 2025$1,395
Jan 2026$1,150
Feb 2026$1,195
Mar 2026$1,195
Apr 2026$1,175
May 2026$1,195
View as a graph

Average Rent By Bedroom and Home Type

In May 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$750$895$1,275$1,550$1,295
Townhomes——$1,195—$1,195
Apartments and Condos$775$875$1,100$1,150$899
Houses$650$1,095$1,295$1,550$1,360

Frequently Asked Questions about Townhomes for rent in 38128

  • What is the average rent of a townhome in 38128?
    The average rent of a townhome in 38128 is $1,195 per month. This is about 38% 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 Jan 2025 when it was $799 per month.
  • When is the average rent most expensive in 38128?
    In the last year, the average rent in 38128 was highest in Feb 2025 when it was $1,495 per month.
  • How many townhomes are available to rent in 38128?
    There are 3 available townhomes to rent 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.