Cheap Apartments for Rent in 38128
157 rentals
Use arrow keys to navigateROOM FOR RENT
Use arrow keys to navigateROOM FOR RENT- Use arrow keys to navigateFURNISHEDROOM FOR RENT
Use arrow keys to navigate
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$762 - $1,262/mo
1-3 Beds
1-2 BathsThe Meridian Apartments | 4787 Garden Grove Cv,
Memphis, TN 38128
SPECIAL OFFERPET FRIENDLY
NEW - 2 DAYS AGOAPPLY INSTANTLYSPECIAL OFFERPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLYTotal price$812 - $912/mo2 Beds2 BathsCedarwood Apartments | 2880 Beverly Hills Rd,
Memphis, TN 38128
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
NEW - 2 DAYS AGOPET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLYROOM FOR RENT
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
NEW - 3 HRS AGO
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
NEW - 1 DAY AGOPET FRIENDLY
PET FRIENDLY
Save Search in 38128
38128Get emails when new homes match this search
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 Jul 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jul 2026 | $1,300 |
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 | $775 | $882 | $1,300 | $1,495 | $1,295 |
| Townhomes | — | — | $1,400 | — | $1,400 |
| Apartments and Condos | $775 | $800 | $1,250 | — | $800 |
| Houses | $150 | $1,000 | $1,345 | $1,440 | $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 $843 per month. This is about 57% 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 $775 per month. That is about $625 more than the cost of a studio apartment.
- How many available rental listings are in 38128?There are 148 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 baratos en renta en 38128 - 352 Rentas | Trulia