Apartments in 38108

1 - 22 of 22 Results

1

$1,050

Cozy & Comfortable Newly Renovated 3 Bedroom Home In Hyde Park Area

1436 Austin St Memphis, TN

3 BR | Available Now

Contact

House

1

$725

Come See This Move In Ready 2 Bedroom Apartment

1446 Wells Station RD Memphis, TN

2 BR | Available Now

Contact

11

$750

Four Bedroom House In Memphis

1103 Springdale St Memphis, TN

4 BR | Ask for Availability

Contact

House

1

$725

Come See This 2 Bedroom Newly Renovated Apartment - Move In Ready

1446 Wells Station RD Memphis, TN

2 BR | Available Now

Contact

11

$850

Adorable 2 Bed 1 Bath Home!

4020 Leroy Ave Memphis, TN

2 BR | Ask for Availability

Contact

House

7

$1,295

Section 8 Approved

2489 Hanwood Ave Memphis, TN

3 BR | Ask for Availability

Contact

House

9

$999

Don't Miss Out Apply Today

4125 Chelsea Avenue Ext Memphis, TN

2 BR | Ask for Availability

Contact

House

1

$550

1160 SPRINGDALE

Memphis, TN

1 BR | Ask for Availability

Contact

0

$1,225

Just Built!! Available Now!

3664 Grey Rd Memphis, TN

3 BR | Available Now

Contact

House

Dishwasher

1

$700

2507 Staten

Memphis, TN

2 BR | Available Now

Contact

House

1

$1,000

1165 Springdale St

Memphis, TN

3 BR | Jan. 1, 2025

Contact

House

1

$1,100

1165 Springdale St

Memphis, TN

3 BR | Available Now

Contact

House

12

$875

2 Bedroom Home!

4369 Reed St Memphis, TN

2 BR | Available Now

Contact

Dog Friendly

Cat Friendly

House

10

$1,300

2246 Vollintine Ave

Memphis, TN

3 BR | Available Now

Contact

House

$1,600

Fully Remodeled Home Available For Rent!

2307 Marble Ave Memphis, TN

4 BR | Available Now

Contact

House

$1,650

Fully Remodeled Home Available For Rent!

2499 Calvert Ave Memphis, TN

4 BR | Available Now

Contact

House

1

$475

Melinda Apartments

4332 Melinda Memphis, TN

2 BR | Available Now

Contact

Air Conditioning

$500

911 Kney

Memphis, TN

2 BR | Available Now

Contact

House

Storage

0

$1,195

Renovated 2 Bedroom 1 Bathroom !

2306 Devoy Ave Memphis, TN

2 BR | Available Now

Contact

Dog Friendly

Cat Friendly

House

1

$450

2414-2416 Shasta

Memphis, TN

1 BR | Ask for Availability

Contact

$575

865 N Bingham St

Memphis, TN

1 BR | Ask for Availability

Contact

Call for Pricing

2071 Hubert

2071 Hubert Ave Memphis, TN

2 BR | Ask for Availability

Contact

House

1 - 22 of 22 Results

Home
Memphis
38108

Find an Apartment in 38108

Are you searching for apartments in the 38108 zip code of Memphis, TN? Rentable has 24 units available for rent in this area. The average rent in 38108 is $880, and you can find 1-bedroom apartments starting at $450.

If you're looking for an apartment in 38108 Memphis, TN, Rentable has a variety of options to choose from. Explore our listings and find the perfect fit for your needs and budget.

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.