Cheap Apartments for Rent in 38654
96 rentals
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Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,255 - $1,594/mo
1-3 Beds
1-2 BathsAnnandale Gardens Apartments | 10862 Nichols Blvd,
Olive Branch, MS 38654
Use arrow keys to navigatePET FRIENDLY$1,360 - $1,714/mo1-3 Beds1-2 BathsThe Oliver Apartment Homes | 9305 Stateline Rd,
Olive Branch, MS 38654
Use arrow keys to navigatePET FRIENDLY$1,520 - $1,893/mo1-3 Beds1-2 BathsThe Vineyard of Olive Branch Apartment Homes | 9400 Goodman Rd,
Olive Branch, MS 38654
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Average Rent Trends in 38654
Rent in 38654 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 | $2,068 |
| Oct 2025 | $1,996 |
| Nov 2025 | $1,965 |
| Dec 2025 | $1,955 |
| Jan 2026 | $1,900 |
| Feb 2026 | $1,935 |
| Mar 2026 | $1,977 |
| Apr 2026 | $2,033 |
| May 2026 | $2,045 |
| Jun 2026 | $2,026 |
| Jul 2026 | $2,059 |
| Aug 2026 | $1,965 |
Average Rent By Bedroom and Home Type
In August 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 | $1,392 | $1,555 | $1,845 | $2,400 | $1,965 |
| Apartments and Condos | $900 | $1,750 | — | $1,947 | $2,465 |
| Houses | — | $1,840 | $1,845 | $2,432 | $1,965 |
Frequently Asked Questions about Rentals in 38654
- What is the average rent of an apartment in 38654?The average rent of an apartment in 38654 is $1,937 per month. This is about 1% lower than the national average.
- When is the average rent cheapest in 38654?In the last year, the average rent in 38654 was lowest in Dec 2025 when it was $1,955 per month.
- When is the average rent most expensive in 38654?In the last year, the average rent in 38654 was highest in Aug 2025 when it was $2,100 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 38654?The average rent of a 1 bedroom apartment in 38654 is $1,392 per month. That is about $142 more than the cost of a studio apartment.
- How many available rental listings are in 38654?There are 94 available rental listings in 38654.
- What are some cities near 38654?Some nearby cities include: Olive Branch, Southaven, Byhalia, Germantown, Nesbit, Horn Lake. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 38654 - 155 Rentas | Trulia