Cheap Apartments for Rent in 38134
100 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$788 - $1,092/mo
1-2 Beds
1-2 BathsGreenbrook at Shelby Farms | 1400 Greenbrook Pkwy,
Memphis, TN 38134
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$959 - $1,550/mo1-3 Beds1-2 BathsArbors of Century Center | 1490 Century Arbor Ln,
Memphis, TN 38134
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,069 - $1,629/mo2-3 Beds1-2 BathsReNew Bartlett Village | 6130 Bartlett View Ln,
Memphis, TN 38134
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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 decreased in Aug 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,578 |
| Oct 2025 | $1,515 |
| Nov 2025 | $1,500 |
| Dec 2025 | $1,495 |
| Jan 2026 | $1,525 |
| Feb 2026 | $1,575 |
| Mar 2026 | $1,495 |
| Apr 2026 | $1,512 |
| May 2026 | $1,595 |
| Jun 2026 | $1,575 |
| Jul 2026 | $1,595 |
| Aug 2026 | $1,550 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| 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 Rentals 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 cheapest in 38134?In the last year, the average rent in 38134 was lowest in Dec 2025 when it was $1,495 per month.
- When is the average rent most expensive in 38134?In the last year, the average rent in 38134 was highest in Aug 2025 when it was $1,690 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 available rental listings are in 38134?There are 108 available rental listings in 38134.
- What are some cities near 38134?
View this page in Spanish: Apartamentos baratos en renta en 38134 - 308 Rentas | Trulia