Apartments in 38106

1 - 20 of 20 Results

13

$750

Knob Hill Apartments

1089 Florida St Memphis, TN

2 BR | Available Now

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Income Restricted

Air Conditioning

Balcony/Deck/Patio

Storage

Disability Access

9

$525

1362 Gleason Ave

Memphis, TN

1 BR | Available Now

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House

Disability Access

11

$950

Very Nice Newly Rehabbed Home In S. Memphis

1497 Mississippi Blvd Memphis, TN

3 BR | Available Now

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House

20

$1,395

Newly Renovated Home In South Memphis

1609 Waverly Ave Memphis, TN

4 BR | Available Now

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Cat Friendly

House

Disability Access

32

$1,295

Register Your Account With Rently To Schedule Your Self Tour Of This Property!

1667 Foster Ave Memphis, TN

3 BR | Available Now

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Dog Friendly

Cat Friendly

House

Storage

7

$1,195

**memorial Day Special** 1/2 Off First Month's Rent

1593 Waverly Ave Memphis, TN

2 BR | Available Now

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House

Air Conditioning

4

3D Tour

$1,700 - 2,100

The Marine Residence

360 Metal Museum Dr Memphis, TN

1 - 2 BR | Available Now

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Heat Included

Furnished

Dog Friendly

Cat Friendly

Luxury

9

$775

Triplex For Rent In South Memphis

821 Lucille Ave Memphis, TN

2 BR | Available Now

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House

6

$965

1840 Benton St

Memphis, TN

3 BR | Ask for Availability

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House

6

$650

Cute 1/1 Mha Approve

723 Roanoke Ave Memphis, TN

1 BR | Ask for Availability

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House

13

$1,300

2344 Warren St

Memphis, TN

2 BR | Available Now

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Dog Friendly

Cat Friendly

House

Storage

$649 - 749

Cane Creek

1528 Ragan Street Memphis, TN

4 BR | Available Now

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Dog Friendly

Cat Friendly

Income Restricted

Section 8

Air Conditioning

0

$950

1304 Horace St

Memphis, TN

2 BR | Ask for Availability

Contact

$1,250

Text Our Leasing Team At 901-820-4367 To Schedule A Tour! - Housing Choice Section 8 Friendly

1056 Patton St Memphis, TN

3 BR | Available Now

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Dog Friendly

Cat Friendly

House

$1,050

Fully Renovated Beautiful 3 Bedroom, 1 Bathroom Home!

1545 Gausco Rd Memphis, TN

3 BR | Ask for Availability

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House

Air Conditioning

4

$1,050

Spacious 4-bedroom 2 Bath Home For Lease

1546 Marjorie St Memphis, TN

4 BR | Available Now

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House

$995

3 Bedroom 2 Bathroom Near 240 And 55

2052 Prospect St Memphis, TN

3 BR | Available Now

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Dog Friendly

Cat Friendly

House

McKeller

1

$650

1135 Melrose St

Memphis, TN

2 BR | Ask for Availability

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1

$400

1493 Gaither St

Memphis, TN

1 BR | Ask for Availability

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$475 - 585

Longview Gardens

1.8

1726 S. Orleans Street Memphis, TN

2 BR | Available Now

1 - 20 of 20 Results

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Memphis
38106

Find an Apartment in 38106

Looking for apartments for rent in the 38106 zip code in Memphis, TN? Look no further! Rentable has a variety of options available for you. Currently, there are 23 units available for rent in this area. The average rent in 38106 is $1,000, with the lowest rent starting at $400 for a 1-bedroom unit.

One of the top neighborhoods in 38106 is McKeller. McKeller offers a convenient location with nearby points of interest and amenities. If you enjoy outdoor activities, you'll appreciate the proximity to local parks where you can relax and enjoy nature.

Ready to find your next home? Explore Rentable's apartments near 38106 Memphis, TN and discover the perfect rental that meets your needs. Whether you're looking for a cozy studio or a spacious three-bedroom apartment, Rentable has options to suit every lifestyle and budget. Start your search today and find your dream apartment in the 38106 zip code.

Memphis:
June Rent Report

Welcome to the June 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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

$1,200

$900

$600

$300

$0

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

1 BR 2 BR

Memphis Rent Prices Decrease From May to June

Memphis rent prices decreased over the last month. From May to June, the city experienced a -0.1% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $952.0.

When we take a look at the two-bedroom comparison from May to June, Memphis experienced a 0.28% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,068.0.

June Prices: Memphis vs. Surrounding Areas

Germantown, TN

Cordova, TN

Collierville, TN

Horn Lake, MS

Southaven, MS

Memphis, TN

Millington, TN

$1,561

$1,475

$1,450

$1,332

$1,300

$953

$671

$0

$550

$1,100

$1,650

$2,200

Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have decreased 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 5 of the Memphis suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Southaven, MS, Collierville, TN, Horn Lake, MS, Germantown, TN, Millington, TN .
Rent decreased in Cordova, TN.
5 suburbs are currently priced higher than the city of Memphis.
1 suburb is currently priced lower than the city of Memphis.

June 2024 Pricing Trends: Memphis vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

Memphis, TN

$4,132

$3,030

$2,390

$2,331

$1,905

$1,353

$1,259

$1,203

$953

$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 declining. 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 June	1 BR M/M % Change	2 BR June	2 BR M/M % Change
Memphis, TN	$953.0	0.00%	$1,065.0	-0.28%
Cordova, TN	$1,475.0	-0.07%	$1,618.0	-0.37%
Southaven, MS	$1,300.0	3.18%	$1,458.0	0.07%
Collierville, TN	$1,450.0	0.76%	$1,634.0	0.12%
Horn Lake, MS	$1,332.0	1.37%	$1,453.0	1.75%
Germantown, TN	$1,561.0	1.10%	$1,863.0	0.98%
Millington, TN	$671.0	34.20%	$1,500.0	0.00%

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.