Apartments in 38114

1 - 24 of 24 Results
1
$550
1490 Lamar Cv Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
11
$895
2717 Frisco Ave Memphis, TN
2 BR | Ask for Availability
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House
Air Conditioning
8
$2,195
1794 Foster Ave Memphis, TN
3 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
Dishwasher
9
$945
1964 Southern Ave Memphis, TN
2 BR | Ask for Availability
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Air Conditioning
Cooper-Young
17
$995
1824 Netherwood Ave Memphis, TN
2 BR | Ask for Availability
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1
$1,750
2435 Browning Cir Memphis, TN
4 BR | Available Now
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0
$775 - 815
1699 Pendleton St Memphis, TN
1 - 2 BR | Ask for Availability
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Air Conditioning
1
$1,950
2025 Labelle Rd Memphis, TN
5 BR | Available Now
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1
$1,950
Memphis, TN
5 BR | Available Now
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1
$950
1680 Pendelton St Memphis, TN
2 BR | Available Now
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1
$900
2807 Lola Ave Memphis, TN
3 BR | Available Now
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1
$1,950
2654 Filmore Ave Memphis, TN
4 BR | Available Now
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1
$1,750
1722 Euclid Ave Memphis, TN
3 BR | Available Now
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1
$1,800
Memphis, TN
3 BR | Available Now
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Dishwasher
1
$2,000
927 Seattle St Memphis, TN
5 BR | Available Now
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Call for Pricing
Memphis, TN
2 BR | Ask for Availability
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11
$1,045
Memphis, TN
3 BR | Available Now
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Orange Mound
1
$565
3000 Barron Avenue Memphis, TN
2 BR | Available Now
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Student
In Unit Laundry
1
$500 - 610
2743 Ketchum Road Memphis, TN
1 - 2 BR | Available Now
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Cat Friendly
0
$849
2730 Fizer Rd Memphis, TN
3 BR | Available Now
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1
$525 - 600
1175 Barron Court Memphis, TN
2 BR | Available Now
In Unit Laundry
0
$1,595
1727 Euclid Ave Memphis, TN
3 BR | Available Now
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Dishwasher
0
$950
832 Marianna St Memphis, TN
3 BR | Available Now
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Orange Mound
0
$1,050
2986 Lounette St Memphis, TN
3 BR | Ask for Availability
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  3. 38114

How much does it cost to rent an apartment in 38114?

38114 apartments
Bed Type Average Rent Range
2BR $690 $530 - $1,000
3BR $1,050 $850 - $2,200
4+BR $1,950 $1,950 - $2,000
Find an Apartment in 38114
Looking for apartments for rent in 38114 Memphis, TN? Rentable has a variety of options available in this area. Currently, there are 29 units for rent in the 38114 zip code, with an average rent of $970. The minimum rent for a 2-bedroom apartment is $525.

One of the top neighborhoods in 38114 is Cooper-Young, known for its vibrant community and trendy atmosphere. Within this area, you can find a range of amenities, including local parks, restaurants, and shops. Cooper-Young is a popular choice for those seeking a lively neighborhood in close proximity to downtown Memphis.

If you're considering apartments near 38114, Rentable has you covered. Explore the available options on our website and find the perfect rental that fits your needs. Whether you're searching for a spacious floor plan or looking for affordability, you'll find a variety of choices to suit your preferences in 38114 Memphis, TN. Start your rental search today and discover the apartment that's right for you.

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.