Apartments in 38106

1 - 30 of 30 Results
13
$850
Memphis, TN
1 BR | Jan. 13, 2025
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Dog Friendly
Cat Friendly
1
$650
1672 Clancy St Memphis, TN
1 BR | Available Now
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House
1
$1,349
1640 Glenview Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$900
Memphis, TN
3 BR | Available Now
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House
Disability Access
1
3D Tour
$1,098 - 2,100
360 Metal Museum Dr Memphis, TN
1 - 2 BR | Available Now
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Heat Included
Furnished
Dog Friendly
Cat Friendly
Luxury
10
$795
1428 Eloise Rd Memphis, TN
2 BR | Ask for Availability
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House
6
$850
Memphis, TN
3 BR | Ask for Availability
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House
16
$995
Memphis, TN
2 BR | Jan. 1, 2025
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Dog Friendly
Cat Friendly
House
13
$1,600
Memphis, TN
5 BR | Available Now
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Dog Friendly
Cat Friendly
House
3
$675
Memphis, TN
Studio | Available Now
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0
$1,400
1630 S Orleans St Memphis, TN
3 BR | Available Now
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House
0
$695
Memphis, TN
2 BR | Available Now
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1
$1,350
Memphis, TN
4 BR | Jan. 1, 2025
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House
1
$675 - 750
Memphis, TN
Studio | Available Now
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1
$695
Memphis, TN
2 BR | Available Now
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0
$1,350
1113 E Trigg Ave Memphis, TN
3 BR | Available Now
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House
1
$1,350
Memphis, TN
3 BR | Jan. 1, 2025
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House
1
$1,015
Memphis, TN
3 BR | Ask for Availability
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House
McKeller
1
$750
Memphis, TN
2 BR | Available Now
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3
$675
Memphis, TN
Studio | Available Now
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1
$550
Memphis, TN
1 BR | Available Now
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House
$1,600
1173 Severson Ave Memphis, TN
4 BR | Available Now
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House
9
$525
Memphis, TN
1 BR | Available Now
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Disability Access
11
$1,095
1429 James St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
$649 - 749
1528 Ragan Street Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
1
$650
Memphis, TN
2 BR | Ask for Availability
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1
$400
Memphis, TN
1 BR | Ask for Availability
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$475 - 585
1726 S. Orleans Street Memphis, TN
2 BR | Available Now
0
$1,095
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
Call for Pricing
629 E Trigg Ave Memphis, TN
4 BR | Ask for Availability
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1 - 30 of 30 Results
  1. Home
  2. Memphis
  3. 38106

How much does it cost to rent an apartment in 38106?

38106 apartments
Bed Type Average Rent Range
Studio $680 $680 - $750
1BR $750 $400 - $1,300
2BR $1,000 $540 - $2,070
3BR $1,220 $850 - $1,400
4+BR $1,350 $650 - $1,600
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 44 units available for rent in this area. The average rent in 38106 is $1,020, 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:
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.