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Apartments in 38016

31 - 32 of 32 Results
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$1,475
Wynnegrove1567
1567 Wynne Grv Cordova, TN
3 BR | Available Now
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0
$1,195
9289 Grove Manor
9289 Grove Manor Dr Cordova, TN
3 BR | Available Now
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31 - 32 of 32 Results
  1. Home
  2. Memphis Area Apartments
  3. Cordova
  4. 38016

How much does it cost to rent an apartment in 38016?

38016 apartments
Bed Type Average Rent Range
1BR $1,150 $960 - $1,500
2BR $1,430 $1,180 - $1,730
3BR $1,700 $1,400 - $2,280
4+BR $1,900 $1,700 - $2,100
Frequently Asked Questions

How many apartments are available in 38016 on Rentable.co?

Rentable.co has 32 apartments available for rent in 38016.

What is the average rent for an apartment in 38016?

The average rent for an apartment in 38016 is around $1,420 per month.

What is the average rent for a two-bedroom apartment in 38016?

The average rent for a two-bedroom apartment in 38016 is around $1,433 per month.

What is the average rent for a one-bedroom apartment in 38016?

The average rent for a one-bedroom apartment in 38016 is around $1,147 per month.

Find an Apartment in 38016
Looking for apartments for rent in the 38016 zip code of Cordova, TN? You're in luck! Rentable has a variety of options available for you. Currently, there are 189 units available in this area. The average rent in 38016 is $1,420, and you can find 1-bedroom units starting at $959.

Cordova, TN is a vibrant community with plenty of nearby points of interest and amenities. If you love spending time outdoors, there are several parks in the area where you can enjoy nature and recreational activities. Additionally, there are various community amenities such as fitness centers, swimming pools, and walking trails that residents can take advantage of.

When it comes to location, 38016 is a desirable zip code in Cordova, TN. It offers convenient access to shopping centers, restaurants, and entertainment options. If you're interested in exploring the city, downtown Memphis is just a short drive away.

Ready to find your perfect apartment in 38016? Take a look at Rentable's extensive selection of apartments near 38016 Cordova, TN and start your search today.

Cordova:
November Rent Report

Welcome to the November 2024 Cordova Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Cordova rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Cordova and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Cordova average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Cordova Rent Prices Decrease From October to November

Cordova rent prices decreased over the last month. From October to November, the city experienced a -0.43% decrease for the price of a one-bedroom apartment. The rent price for a Cordova one-bedroom apartments currently stands at $1,402.0.

When we take a look at the two-bedroom comparison from October to November, Cordova experienced a -0.63% decrease for the price of a two-bedroom apartment. The rent price for a Cordova two-bedroom apartments currently stands at $1,580.0.

November Prices: Cordova vs. Surrounding Areas

Rent Prices in Cordova and Surrounding Areas

Rent prices have decreased in Cordova over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Cordova suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Cordova suburbs

  • Rents did not decrease in any of the Cordova suburbs.

November 2024 Pricing Trends: Cordova vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Cordova Rent Prices More Affordable Than Major Cities

Rent growth in Cordova over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Cordova average rent prices appear to be relatively affordable for local residents.

The price for a Cordova one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Cordova and surrounding area rent prices, take a look at the complete data set below.

Data set for Cordova and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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