Apartments in 38135

4 rentals

Apartments For Rent Near 38135

We found 30 more apartments matching your filters just outside 38135

Average Rent Trends in 38135

Rent in 38135 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 Apr 2025.
MonthAverage rent
Jun 2025$1,752
Jul 2025$1,757
Aug 2025$1,736
Sep 2025$1,375
Oct 2025$1,601
Nov 2025$1,580
Dec 2025$1,546
Jan 2026$1,532
Feb 2026$1,307
Mar 2026$1,305
Apr 2026$1,330
May 2026$1,710
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 Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,321$1,458$1,725$2,250$1,753
Townhomes——$1,395—$1,395
Apartments and Condos$1,100—$1,750$3,000$1,750
Houses—$1,095$1,718$2,250$1,768

Frequently Asked Questions about Apartments and Condos for rent in 38135

  • What is the average rent of an apartment in 38135?
    The average rent of an apartment in 38135 is $1,677 per month. This is about 13% lower than the national average.
  • When is the average rent cheapest in 38135?
    In the last year, the average rent in 38135 was lowest in May 2025 when it was $1,063 per month.
  • When is the average rent most expensive in 38135?
    In the last year, the average rent in 38135 was highest in Apr 2025 when it was $2,271 per month.
  • How many apartments or condos are available to rent in 38135?
    There are 5 available apartments or condos to rent in 38135.
  • What are some cities near 38135?
    Some nearby cities include: Bartlett, Lakeland, Cordova, Millington, Arlington, Germantown. These cities may have more rental options to explore.