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Apartments in 38111

1 - 30 of 98 Results
31
$1,160 - 1,550
The Tower at Kent
366 S Highland St Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
7
$750
University Flats
3459 Southern Ave Ofc Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
9
$895
Perfect Midtown Location
2780 Madison Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$2,199
3 Bed, 2 Bath In High Point Terrace With Granite And Stainless Appliances
311 High Point Ter Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
High Point Terrace
1
$3,200
Schedule Today To See This Gorgeous Updated Home For Rent In East Memphis - Move In Ready!
3284 Highland Park Pl Memphis, TN
4 BR | Available Now
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House
1
$3,000
Come See This Gorgeous Updated Home For Rent In East Memphis - Move In Ready!
3278 Highland Park Pl Memphis, TN
3 BR | Available Now
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House
12
$1,100
Spottswood Manor Townhomes
Spottswood Manor Dr Memphis, TN
2 BR | Available Now
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3
$1,195
2752 - 54 Madison
Memphis, TN
2 BR | Available Now
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18
$1,350
Available Now! Move In Special $500 Off First Months Rent!
2676 Central Ter Memphis, TN
2 BR | Ask for Availability
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House
Dishwasher
Pool
16
$750
Large 2 Bedroom 1 Bath!
328 Buntyn St Memphis, TN
1 BR | Available Now
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Storage
Disability Access
25
$826 - 1,834
The Junction
Deal
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
1
$1,795
Fabulous Updated Kitchen With 3 Bed 1 Bath Near U Of M
3735 Kearney St Memphis, TN
3 BR | Jan. 1, 2025
Contact
House
Disability Access
1
$600
Walker Apartments
3606 Walker Ave Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
7
$1,300
3588 Walnut Grove Rd
Memphis, TN
2 BR | Available Now
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House
1
$895
45-47 humes
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
1
$695
Cloverdale At Highland
3471 Douglass Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
18
$1,050
3170 Walnut Grove Rd
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
14
$1,150
1167 Goodman St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
14
$795
788 Brower St
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
14
$1,295
1066 Mcevers RD
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
10
$700
3109 Radford RD
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
13
$1,520
3327 Central Ave Unit 3327
Memphis, TN
2 BR | Jan. 15, 2025
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Dog Friendly
Cat Friendly
Storage
Dishwasher
1
$850
U Of M Area! Fully Renovated One Bedroom Apartments Now Available!
461 S Highland St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
17
$990
4052 Rhodes Ave
Memphis, TN
2 BR | Jan. 2, 2025
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Dog Friendly
Cat Friendly
House
Air Conditioning
1
$925
Super Cute Duplex In U Of M Area
3134 Monterrey Sq Memphis, TN
2 BR | Available Now
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House
Disability Access
1
$850
3602- 3616 Spottswood
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
6
$1,200
766 S Prescott St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
1
$1,295
Newly Renovated Home Near University Of Memphis!!
2910 Southern Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
Dishwasher
1
$995
December Move-in Special! 1/2 Off First Month's Rent!
393 Buntyn St Memphis, TN
2 BR | Available Now
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House
Storage
9
$2,400
3484 Central Ave Unit 3484
Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
1 - 30 of 98 Results
  1. Home
  2. Memphis
  3. 38111

How much does it cost to rent an apartment in 38111?

38111 apartments
Bed Type Average Rent Range
Studio $1,030 $1,030 - $1,030
1BR $880 $620 - $1,430
2BR $1,000 $740 - $1,550
3BR $1,300 $790 - $2,740
4+BR $1,700 $980 - $3,200
Frequently Asked Questions

How many apartments are available in 38111 on Rentable.co?

Rentable.co has 98 apartments available for rent in 38111.

What is the average rent for an apartment in 38111?

The average rent for an apartment in 38111 is around $1,100 per month.

What is the average rent for a two-bedroom apartment in 38111?

The average rent for a two-bedroom apartment in 38111 is around $999 per month.

What is the average rent for a one-bedroom apartment in 38111?

The average rent for a one-bedroom apartment in 38111 is around $876 per month.

What is the average rent for a studio apartment in 38111?

The average rent for a studio apartment in 38111 is around $1,029 per month.

Find an Apartment in 38111
Are you searching for apartments for rent in the 38111 zip code of Memphis, TN? You've come to the right place! Rentable currently has a variety of 145 units available for rent in this area. The average rent in 38111 is $1,100, with the lowest priced floor plan starting at just $615.

The top neighborhood in the 38111 zip code is High Point Terrace, known for its charm and vibrant community atmosphere. Living in this area, you'll have access to a range of amenities and nearby points of interest. Enjoy the convenience of having parks like ___________ and ___________ just a short distance away, perfect for outdoor activities and relaxation.

Whether you're a young professional or a family looking for a new place to call home, there are apartments near 38111 that will cater to your needs. Take a look at Rentable's listings in the 38111 zip code and find the perfect apartment for you. Don't miss out on this opportunity to rent in one of Memphis, TN's most sought after locations.

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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