Apartments in 38109

1 - 30 of 42 Results

3

$1,071

Chapel Place Homes (Affordable Housing; Income Limit Restrictions Apply)

5228 Whistling Duck Dr Memphis, TN

3 BR | Available Now

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Income Restricted

Balcony/Deck/Patio

Dishwasher

17

$1,099

4280 Double Tree Rd

Memphis, TN

4 BR | Available Now

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13

$925

4228 Bow St

Memphis, TN

2 BR | Available Now

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7

$1,800

534 Brockwood Ave

Memphis, TN

4 BR | Available Now

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7

$1,595

761 Birthstone - Available Now!

761 Birthstone Ave Memphis, TN

3 BR | Ask for Availability

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11

$925

805 Leacrest Ave

Memphis, TN

3 BR | Available Now

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Air Conditioning

6

$1,150

4911 Shayne Ln

Memphis, TN

3 BR | Ask for Availability

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18

$1,095

Beautiful 3 Bedroom, 1 Bathroom Chickasaw Village Home For Rent!

663 Leacrest Ave Memphis, TN

3 BR | Ask for Availability

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15

$925

3515 W Horn Lake RD

Memphis, TN

3 BR | Available Now

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9

$1,350

5067 Gill Rd

Memphis, TN

3 BR | Ask for Availability

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22

$1,250

3779 Fountain Gate St

Memphis, TN

2 BR | Available Now

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1

$825

6 W. Byfield

Memphis, TN

3 BR | Available Now

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11

$1,025

494 E Raines RD

Memphis, TN

3 BR | Jan. 2, 2025

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10

$1,050

Beautiful 3 Bedroom, 1 Bathroom Home For Rent!

3924 Oakshire St Memphis, TN

3 BR | Ask for Availability

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Air Conditioning

3

$995

4870 Applestone - Available Now!

4870 Applestone St Memphis, TN

3 BR | Ask for Availability

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1

$1,950

Brand New Construction Home Available For Rent!

3082 Travis Rd Memphis, TN

5 BR | Available Now

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3

$1,395

4511 Cinderella - Available Now!

4511 Cinderella Dr Memphis, TN

4 BR | Ask for Availability

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3

$1,095

Ready On 01/24/2024

819 W Raines Rd Memphis, TN

3 BR | Ask for Availability

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1

$1,950

Brand New Construction Home Available For Rent!

3160 Rochester Rd Memphis, TN

5 BR | Available Now

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0

$1,950

Coming Soon! Brand New Construction Home Available For Rent!

311 Elder Rd Memphis, TN

5 BR | Available Now

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0

$1,950

Coming Soon! Brand New Construction Home Available For Rent!

634 King Ave Memphis, TN

5 BR | Available Now

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1

$1,100

609 Ledbetter Ave

Memphis, TN

3 BR | Available Now

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1

$1,025

Super Cozy Newly Remolded Home - 2 Bedroom 1 Bath -open To Section 8

3044 Green Rd Memphis, TN

3 BR | Available Now

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1

$1,099

Below Market Rent!

4280 Double Tree Rd Memphis, TN

4 BR | Available Now

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0

$1,950

Brand New Construction Home Available For Rent!

277 Elder Rd Memphis, TN

5 BR | Available Now

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0

$1,950

Coming Soon! Brand New Construction Home Available For Rent!

630 King Ave Memphis, TN

5 BR | Available Now

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1

$1,600

3977 Wesley Forest Pl W

Memphis, TN

4 BR | Available Now

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1

$875

Super Cute 2 Bedroom Home - South Memphis- Move In Ready!

2070 Farrington St Memphis, TN

2 BR | Available Now

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$1,950

Brand New Construction Home Available For Rent!

3497 Daggett Rd Memphis, TN

5 BR | Available Now

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$1,050

74 Otsego Dr

Memphis, TN

3 BR | Ask for Availability

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Air Conditioning

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Memphis
38109

Find an Apartment in 38109

Looking for an apartment in the 38109 zip code in Memphis, TN? Rentable has a variety of apartments for rent in 38109 Memphis, TN. Currently, there are 43 units available in this area. The average rent for apartments in 38109 is $1,070. The minimum rent for a 2-bedroom unit starts at $450.

If you're considering moving to this area, there are several points of interest and community amenities nearby. The zip code 38109 is located in the southwest part of Memphis, and it is close to several parks such as T.O. Fuller State Park and Oakhaven Park. These parks offer opportunities for outdoor activities and recreation.

In addition, 38109 is home to various community amenities including nearby schools like Oakshire Elementary School and Mitchell High School. There are also shopping centers and restaurants in the area, providing convenience for residents.

If you're looking for apartments near 38109, Rentable has a wide range of options to choose from. Take a look at our available apartments in 38109 Memphis, TN and find your perfect rental today.

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.