Apartments For Rent in 38138

36 rentals

Apartments For Rent Near 38138

We found 30 more apartments matching your filters just outside 38138

Average Rent Trends in 38138

Rent in 38138 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 Feb 2025.
MonthAverage rent
Dec 2025$2,300
Jan 2026$2,450
Feb 2026$2,574
Mar 2026$2,695
Apr 2026$2,663
May 2026$2,795
Jun 2026$2,750
Jul 2026$2,800
Aug 2026$2,750
Sep 2026$2,750
Oct 2026$2,568
Nov 2026$2,543
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Average Rent By Bedroom and Home Type

In November 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$1,411$1,599$2,151$3,000$2,699
Townhomes—$1,250——$1,250
Apartments and Condos$1,165$1,390$2,294—$1,750
Houses——$2,600$3,000$3,250

Frequently Asked Questions about Rentals in 38138

  • What is the average rent of an apartment in 38138?
    The average rent of an apartment in 38138 is $1,677 per month.
  • When is the average rent cheapest in 38138?
    In 2025, the average rent in 38138 was lowest in December when it was $2,300 per month.
  • When is the average rent most expensive in 38138?
    In 2025, the average rent in 38138 was highest in February when it was $2,600 per month.
  • How many available rental listings are in 38138?
    There are 37 available rental listings in 38138.
  • What are some cities near 38138?
    Some nearby cities include: Germantown, Cordova, Collierville, Eads, Memphis, Olive Branch. These cities may have more rental options to explore.

Browse 38138 homes by type

View this page in Spanish: Apartamentos en renta en los alrededores de 38138 - 399 Rentas | Trulia