Cheap Apartments for Rent in 38133
48 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,085 - $1,544/mo
1-3 Beds
1-2 BathsThe Birches Apartment Homes | 6939 Dusty Trail Ln,
Memphis, TN 38133
Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED$1,149 - $1,322/mo2-3 Beds2 BathsCountryside North Apartments | 6934 Country Manor Dr,
Memphis, TN 38133
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,150 - $1,715/mo1-3 Beds1-2 BathsCrescent at Wolfchase Apartment Homes | 7819 Crescent Ridge Ln,
Memphis, TN 38133
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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 decreased in Aug 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,735 |
| Oct 2025 | $1,695 |
| Nov 2025 | $1,615 |
| Dec 2025 | $1,695 |
| Jan 2026 | $1,650 |
| Feb 2026 | $1,650 |
| Mar 2026 | $1,725 |
| Apr 2026 | $1,742 |
| May 2026 | $1,725 |
| Jun 2026 | $1,745 |
| Jul 2026 | $1,712 |
| Aug 2026 | $1,670 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,200 | $1,269 | $1,660 | $2,085 | $1,670 |
| Apartments and Condos | — | — | $1,510 | — | $1,510 |
| Houses | — | $1,251 | $1,660 | $2,085 | $1,678 |
Frequently Asked Questions about Rentals in 38133
- What is the average rent of an apartment in 38133?The average rent of an apartment in 38133 is $1,406 per month. This is about 28% 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 Nov 2025 when it was $1,615 per month.
- When is the average rent most expensive in 38133?In the last year, the average rent in 38133 was highest in Mar 2025 when it was $1,800 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 $1,200 per month. That is about $59 less than the cost of a studio apartment.
- How many available rental listings are in 38133?There are 51 available rental listings in 38133.
- What are some cities near 38133?
View this page in Spanish: Apartamentos baratos en renta en 38133 - 114 Rentas | Trulia