Cheap Apartments for Rent in 38654
124 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,305 - $1,854/mo
1-3 Beds
1-2 BathsAnnandale Gardens Apartments | 10862 Nichols Blvd #32-12,
Olive Branch, MS 38654
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,428 - $1,812/mo1-3 Beds1-2 BathsThe Oliver Apartment Homes | 9305 Stateline Rd #35E,
Olive Branch, MS 38654
Use arrow keys to navigatePET FRIENDLY$1,500 - $2,005/mo1-3 Beds1-2 BathsThe Vineyard of Olive Branch Apartment Homes | 9400 Goodman Rd #2811,
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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,045 |
| Jul 2025 | $2,070 |
| Aug 2025 | $2,100 |
| 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 | $2,037 |
| May 2026 | $2,050 |
Average Rent By Bedroom and Home Type
In May 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 | $1,433 | $1,507 | $1,895 | $2,251 | $2,028 |
| Apartments and Condos | — | $1,095 | — | $2,260 | $2,260 |
| Houses | — | $2,028 | $1,899 | $2,251 | $2,039 |
Frequently Asked Questions about Rentals in 38654
- What is the average rent in 38654?The average rent in 38654 is $2,028. Rent prices range from $1,095 to as much as $12,495, depending on the type of rental.
- How does the rent in 38654 compare to the national average?Average rent in 38654 is about 6% higher than the national average rent of $1,910. That means it is more expensive to rent in 38654 compared to the U.S. average.
- What is the average rent in 38654, by number of bedrooms?The average rent in 38654 is $ for a studio, $1,433 for a 1 bedroom, $1,507 for a 2 bedroom, $1,895 for a 3 bedroom, and $2,251 for a 4 bedroom.
- How have rent prices in 38654 changed compared to last year?In the past year, the average rent price in 38654 has decreased by $34. That means the average rent is 2% lower than last year.
- How many available rental listings are in 38654?There are 113 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.