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Apartments in 38103

31 - 42 of 42 Results
6
3D Tour
$1,100 - 1,550
South Bluffs Apartments
4.0
4 Riverview Drive W Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Short-term
5
$2,395
682 Marina Cottage
682 Marina Cottage Dr Memphis, TN
2 BR | Available Now
Contact
House
Air Conditioning
Balcony/Deck/Patio
Storage
Dishwasher
5
$960 - 2,100
Number 10 Main
5.0
10 S Main St Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
In Unit Laundry
Fitness Center
6
$1,200 - 1,850
Van Fleet Flats
5.0
122 Gayoso Avenue Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Covered Parking
13
3D Tour
$885 - 1,590
South Line
4.5
676 S Front St Memphis, TN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
20
$1,695
505 Tennessee St #127
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Surface Parking
Storage
5
$1,650
Harbor Island Apartments
444 Island Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
12
$1,375 - 1,450
South Junction Apartments
Deal
4.2
9 East Carolina Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
14
$2,700
143 Isle Creek Dr
Memphis, TN
4 BR | Available Now
Contact
House
Storage
Dishwasher
Mud Island
24
$1,025 - 1,777
Arbors Harbor Town
2.9
671 Harbor Edge Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Fitness Center
5
$905 - 1,055
Riverset Apartment Homes
100 Riverset Lane Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
5
$823 - 1,370
Fielder Square
70 S 4th St Memphis, TN
Studio - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Section 8
31 - 42 of 42 Results
  1. Home
  2. Memphis
  3. 38103

How much does it cost to rent an apartment in 38103?

38103 apartments
Bed Type Average Rent Range
Studio $980 $780 - $1,190
1BR $1,200 $1,000 - $1,650
2BR $1,650 $1,200 - $2,400
3BR $2,300 $1,610 - $2,580
4+BR $2,700 $2,200 - $3,000
Frequently Asked Questions

How many apartments are available in 38103 on Rentable.co?

Rentable.co has 42 apartments available for rent in 38103.

What is the average rent for an apartment in 38103?

The average rent for an apartment in 38103 is around $1,440 per month.

What is the average rent for a one-bedroom apartment in 38103?

The average rent for a one-bedroom apartment in 38103 is around $1,200 per month.

What is the average rent for a two-bedroom apartment in 38103?

The average rent for a two-bedroom apartment in 38103 is around $1,650 per month.

What is the average rent for a studio apartment in 38103?

The average rent for a studio apartment in 38103 is around $975 per month.

Find an Apartment in 38103
If you're searching for apartments for rent in the 38103 zip code in Memphis, TN, Rentable has you covered. Currently, there are 197 units available for rent in this area. The average rent in 38103 is $1,440, with the minimum rent for a studio floor plan being $775.

When it comes to neighborhoods, the top choices in 38103 are South Forum and Mud Island. These neighborhoods offer a vibrant and diverse community atmosphere.

Living in the 38103 zip code provides easy access to a range of amenities and attractions. Nearby points of interest include various parks where you can enjoy outdoor activities and relax. The cultural offerings and entertainment options in Memphis, TN are also easily accessible from apartments near 38103.

Ready to find your perfect rental in the 38103 area? Explore Rentable's apartments in 38103 and discover the ideal place to call home.

Memphis:
December Rent Report

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

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Memphis 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 Memphis average rent prices in the chart below.

Monthly Rent Report

$1,250
$940
$630
$310
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Memphis Rent Prices Increase From November to December

Memphis rent prices increased over the last month. From November to December, the city experienced a 2.36% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $1,039.0.

When we take a look at the two-bedroom comparison from November to December, Memphis experienced a 1.93% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,159.0.

December Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Southaven, MS
Collierville, TN
Horn Lake, MS
Memphis, TN
Marion, AR
$1,579
$1,402
$1,368
$1,368
$1,340
$1,015
$825
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have increased in Memphis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Memphis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Southaven, MS, Germantown, TN .

  • Rent decreased in Cordova, TN, Horn Lake, MS, Collierville, TN, Marion, AR.

  • 5 suburbs are currently priced higher than the city of Memphis.

  • 1 suburb is currently priced lower than the city of Memphis.

December 2024 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Memphis, TN
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$1,015
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Memphis Rent Prices More Affordable Than Major Cities

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

The price for a Memphis 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 Memphis and surrounding area rent prices, take a look at the complete data set below.

Data set for Memphis and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Memphis, TN $1,015.0 1.91% $1,137.0 1.70%
Cordova, TN $1,402.0 -0.43% $1,580.0 -0.63%
Southaven, MS $1,368.0 6.29% $1,463.0 3.83%
Horn Lake, MS $1,340.0 -0.52% $1,450.0 -0.27%
Collierville, TN $1,368.0 -0.65% $1,627.0 -0.43%
Marion, AR $825.0 0.00% $1,046.0 -1.23%
Germantown, TN $1,579.0 0.51% $1,778.0 -4.61%

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.

Browse Memphis Apartments
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