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Apartments in 38109

31 - 42 of 42 Results
$1,050
74 Otsego Dr
Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
$895
Beatiful 3 Bedroom, 2 Bathroom Home For Rent!
3198 Winslow Rd Memphis, TN
3 BR | Ask for Availability
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House
$1,095
4948 Vickie Dr
Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
19
$1,295
Renovated 3br/2ba In Whitehaven
4613 Windward Dr Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
11
$500
2105 Swift
Memphis, TN
2 BR | Available Now
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House
Den
4
$495
1680 Kansas St
Memphis, TN
Studio - 1 BR | Ask for Availability
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2
$1,100
4292 Briarberry Ln
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
4
$450
297 Fields
Memphis, TN
2 BR | Available Now
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House
4
$545
1686 Kansas St
Memphis, TN
1 BR | Ask for Availability
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1
$650
2119 Benford St
Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Den
1
$499
2109 Farrington
Memphis, TN
2 BR | Available Now
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House
0
$1,095
Register Your Account With Rently To Schedule Your Self Tour Of This Property!
3584 Southland St Memphis, TN
3 BR | Available Now
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Dog Friendly
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31 - 42 of 42 Results
  1. Home
  2. Memphis
  3. 38109

How much does it cost to rent an apartment in 38109?

38109 apartments
Bed Type Average Rent Range
1BR $550 $500 - $550
2BR $690 $450 - $1,250
3BR $1,070 $870 - $1,450
4+BR $1,520 $650 - $1,950
Frequently Asked Questions

How many apartments are available in 38109 on Rentable.co?

Rentable.co has 42 apartments available for rent in 38109.

What is the average rent for an apartment in 38109?

The average rent for an apartment in 38109 is around $1,080 per month.

What is the average rent for a one-bedroom apartment in 38109?

The average rent for a one-bedroom apartment in 38109 is around $545 per month.

What is the average rent for a two-bedroom apartment in 38109?

The average rent for a two-bedroom apartment in 38109 is around $687 per month.

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.

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