Apartments in 38133

4 rentals

Apartments For Rent Near 38133

We found 30 more apartments matching your filters just outside 38133

Average Rent Trends in 38133

Rent in 38133 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 Dec 2025.
MonthAverage rent
Jun 2025$1,456
Jul 2025$1,373
Aug 2025$1,464
Sep 2025$1,315
Oct 2025$1,109
Nov 2025$1,460
Dec 2025$1,467
Jan 2026$1,453
Feb 2026$1,496
Mar 2026$1,524
Apr 2026$1,454
May 2026$1,473
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,203$1,400$1,725$2,272$1,750
Townhomes—$1,250——$1,250
Houses$1,850$1,195$1,725$2,272$1,758

Frequently Asked Questions about Apartments and Condos for rent in 38133

  • What is the average rent of an apartment in 38133?
    The average rent of an apartment in 38133 is $1,453 per month. This is about 25% lower than the national average.
  • When is the average rent cheapest in 38133?
    In the last year, the average rent in 38133 was lowest in Oct 2025 when it was $1,109 per month.
  • When is the average rent most expensive in 38133?
    In the last year, the average rent in 38133 was highest in Dec 2025 when it was $1,467 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 38133?
    The average rent of a 1 bedroom apartment in 38133 is $1,245 per month. That is about $524 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 38133?
    There are 4 available apartments or condos to rent in 38133.
  • What are some cities near 38133?
    Some nearby cities include: Bartlett, Cordova, Lakeland, Arlington, Eads, Germantown. These cities may have more rental options to explore.