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Apartments in 38112

31 - 37 of 37 Results
$1,250
Merton Duplex
155-157 N Merton St Memphis, TN
2 BR | Available Now
Contact
23
$825
3191 Princeton Ave
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
17
$815 - 915
Georgian Woods
4.1
2451 Union Avenue Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Storage
3
Call for Pricing
Chickasaw Place Apartments
203 Red Oak Dr Memphis, TN
1 - 4 BR | Ask for Availability
Contact
Air Conditioning
Fitness Center
0
$1,295
Beautiful Home For Rent In East Memphis-colonial-yorkshire School District!
2634 Harvard Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
0
$600
Text The Leasing Team At 901-820-4367 To Schedule Your Tour Today!
3266 Yale Rd Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$995
1 Bedroom 1 Bath Near Avalon And Overton Park Ave In Midtown Memphis
380 N Willett St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
31 - 37 of 37 Results
  1. Home
  2. Memphis
  3. 38112

How much does it cost to rent an apartment in 38112?

38112 apartments
Bed Type Average Rent Range
Studio $1,190 $840 - $1,240
1BR $1,240 $740 - $1,400
2BR $1,870 $820 - $2,160
3BR $1,450 $830 - $1,800
4+BR $1,650 $1,000 - $1,650
Frequently Asked Questions

How many apartments are available in 38112 on Rentable.co?

Rentable.co has 37 apartments available for rent in 38112.

What is the average rent for an apartment in 38112?

The average rent for an apartment in 38112 is around $1,240 per month.

What is the average rent for a one-bedroom apartment in 38112?

The average rent for a one-bedroom apartment in 38112 is around $1,243 per month.

What is the average rent for a two-bedroom apartment in 38112?

The average rent for a two-bedroom apartment in 38112 is around $1,866 per month.

What is the average rent for a studio apartment in 38112?

The average rent for a studio apartment in 38112 is around $1,193 per month.

Find an Apartment in 38112
Looking for apartments for rent in 38112 Memphis, TN? Rentable has a variety of options for you to choose from. Currently, there are 168 units available in this zip code. The average rent for apartments in 38112 is $1,240, with the lowest rent for a 1-bedroom floor plan starting at $740.

38112 is home to several parks and points of interest. Overton Park is a vibrant green space offering walking trails, a playground, and the Memphis Zoo. Additionally, Rhodes College, a private liberal arts institution, is located in this zip code.

When searching for apartments near 38112, Rentable is your go-to resource. Explore our listings to find the perfect rental that fits your budget and lifestyle in Memphis, TN.

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.

Browse Memphis Apartments
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