Cheap Apartments for Rent in 38135
74 rentals
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PET FRIENDLY$1,436 - $1,574/mo
1-2 Beds
1-2 BathsHighlands Apartment Homes | 6344 Quail Meadow Cv,
Memphis, TN 38135
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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 decreased in Nov 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,700 |
| Jan 2026 | $1,700 |
| Feb 2026 | $1,710 |
| Mar 2026 | $1,744 |
| Apr 2026 | $1,894 |
| May 2026 | $1,843 |
| Jun 2026 | $1,765 |
| Jul 2026 | $1,889 |
| Aug 2026 | $1,925 |
| Sep 2026 | $1,975 |
| Oct 2026 | $1,992 |
| Nov 2026 | $1,884 |
Average Rent By Bedroom and Home Type
In November 2026, Houses were the most affordable home type to rent compared with Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,426 | $1,552 | $1,750 | $2,217 | $1,888 |
| Apartments and Condos | — | — | — | $3,000 | $3,000 |
| Houses | — | $1,025 | $1,750 | $2,138 | $1,888 |
Frequently Asked Questions about Rentals in 38135
- What is the average rent of an apartment in 38135?The average rent of an apartment in 38135 is $2,284 per month. This is about 18% higher than the national average.
- What are the cheapest months to find an apartment to rent in 38135?Last year, the cheapest month to find an apartment to rent was Dec 2025 when it was $1,700 per month.
- How many cheap apartments are available in 38135?There are 39 apartments to rent that are cheaper than the city’s average rent of $1,888.
- 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 $1,966 per month.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 38135 - 87 Rentas | Trulia