Apartments in 38134

24 rentals

Apartments For Rent Near 38134

We found 30 more apartments matching your filters just outside 38134

Average Rent Trends in 38134

Rent in 38134 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in May 2025.
MonthAverage rent
Sep 2025$1,173
Oct 2025$1,186
Nov 2025$1,153
Dec 2025$992
Jan 2026$1,171
Feb 2026$1,053
Mar 2026$1,343
Apr 2026$1,238
May 2026$1,238
Jun 2026$1,270
Jul 2026$1,210
Aug 2026$1,152
View as a graph

Average Rent By Bedroom and Home Type

In August 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$885$1,100$1,595$1,865$1,555
Townhomes—$1,195$1,700—$1,400
Apartments and Condos—$1,100$1,300—$1,300
Houses—$1,200$1,595$1,865$1,600

Frequently Asked Questions about Apartments and Condos for rent in 38134

  • What is the average rent of an apartment in 38134?
    The average rent of an apartment in 38134 is $1,136 per month. This is about 42% lower than the national average.
  • When is the average rent for an apartment cheapest in 38134?
    In the last year, the average rent in 38134 was lowest in Dec 2025 when it was $992 per month.
  • When is the average rent for an apartment most expensive in 38134?
    In the last year, the average rent in 38134 was highest in May 2025 when it was $4,484 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 38134?
    The average rent of a 1 bedroom apartment in 38134 is $885 per month. That is about $615 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 38134?
    There are 26 available apartments or condos to rent in 38134.
  • What are some cities near 38134?
    Some nearby cities include: Bartlett, Cordova, Germantown, Memphis, Lakeland, Eads. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 38134 - 286 Apartamentos | Trulia