Apartments For Rent By Private Owner in 38138

15 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 Oct 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Nov 2025$2,495
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
View as a graph

Average Rent By Bedroom and Home Type

In October 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$1,380$1,811$2,384$2,900$2,575
Townhomes—$1,350——$1,350
Apartments and Condos$1,100—$1,695—$1,150
Houses——$2,495$2,900$2,900

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 $1,575 per month. This is about 19% lower than the national average.
  • When is the average rent cheapest in 38138?
    In the last year, the average rent in 38138 was lowest in Dec 2025 when it was $2,300 per month.
  • When is the average rent most expensive in 38138?
    In the last year, the average rent in 38138 was highest in Feb 2025 when it was $2,600 per month.
  • How many available rental listings are in 38138?
    There are 47 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.
View this page in Spanish: Apartments For Rent By Private Owner around 38138 - 45 Rentals | Trulia