Apartments in 38117

1 - 30 of 36 Results
0
The Shift: Redefining Urban Living In East Memphis Apartment for rent in Memphis, TN
$1,300
4935 Shifri Ave Memphis, TN
2 BR | Available Now
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0
The Shift: Redefining Urban Living In East Memphis Apartment for rent in Memphis, TN
$1,300
4955 Shifri Ave Memphis, TN
2 BR | Available Now
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Dishwasher
0
The Shift: Redefining Urban Living In East Memphis Apartment for rent in Memphis, TN
$1,650
526 N Mendenhall Rd Memphis, TN
3 BR | Available Now
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0
Poplar Pines West Apartment for rent in Memphis, TN
$1,080
1867 Poplar Pines Dr Memphis, TN
1 BR | Available Now
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0
526-4955 N Mendenhall/Shifri Apartment for rent in Memphis, TN
$1,250 - 1,800
Memphis, TN
2 - 3 BR | Available Now
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Dishwasher
0
The Shift: Redefining Urban Living In East Memphis Apartment for rent in Memphis, TN
$1,300
4919 Shifri Ave Memphis, TN
2 BR | Available Now
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Dishwasher
27
5018 Hampshire - Available Now! Apartment for rent in Memphis, TN
5018 Hampshire - Available Now! Apartment for rent in Memphis, TN
$1,895
5018 Hampshire Ave Memphis, TN
3 BR | Ask for Availability
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House
19
4780 Mockingbird Ln Unit Side Apartment for rent in Memphis, TN
4780 Mockingbird Ln Unit Side Apartment for rent in Memphis, TN
$1,600
Memphis, TN
3 BR | Available Now
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Dog Friendly
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1
Updated 3br Home In Great Neighborhood! Apartment for rent in Memphis, TN
$1,695
1208 Perkins Ter Memphis, TN
3 BR | Feb. 28, 2025
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House
21
4100 Barfield Rd Apartment for rent in Memphis, TN
4100 Barfield Rd Apartment for rent in Memphis, TN
$4,000
Memphis, TN
4 BR | Available Now
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31
4918 Quince Rd Apartment for rent in Memphis, TN
4918 Quince Rd Apartment for rent in Memphis, TN
$1,400
Memphis, TN
3 BR | Available Now
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Cat Friendly
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Air Conditioning
1
1906 Danville St Apartment for rent in Memphis, TN
$1,175
Memphis, TN
3 BR | Feb. 10, 2025
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8
Cute Updated 3/1 In 38117 Apartment for rent in Memphis, TN
Cute Updated 3/1 In 38117 Apartment for rent in Memphis, TN
$1,395
4518 Quince Rd Memphis, TN
3 BR | Ask for Availability
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House
33
1837 Dorrie Ln - Available Now! Apartment for rent in Memphis, TN
1837 Dorrie Ln - Available Now! Apartment for rent in Memphis, TN
$1,495
1837 Dorrie Ln Memphis, TN
3 BR | Ask for Availability
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House
19
135 N White Station RD Apartment for rent in Memphis, TN
135 N White Station RD Apartment for rent in Memphis, TN
$1,675
Memphis, TN
3 BR | Available Now
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Air Conditioning
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1
Recently Renovated 3/2 In East Memphis Apartment for rent in Memphis, TN
$1,595
4904 Amboy Rd Memphis, TN
3 BR | Available Now
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Disability Access
Dishwasher
1
Newly Updated Home With 4 Beds And 2 Baths And Separate Dining Room. Apartment for rent in Memphis, TN
$1,840
4920 Sea Isle RD Memphis, TN
4 BR | Available Now
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House
Storage
21
Beautiful 3 Bedroom, 1 Bathroom Home For Rent! Apartment for rent in Memphis, TN
Beautiful 3 Bedroom, 1 Bathroom Home For Rent! Apartment for rent in Memphis, TN
$1,195
1879 Danville Rd Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
19
1403 Whitewater Rd Apartment for rent in Memphis, TN
1403 Whitewater Rd Apartment for rent in Memphis, TN
$2,300
Memphis, TN
4 BR | Available Now
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1
3 Bedroom, 1.5 Bath In Colonial Acres Apartment for rent in Memphis, TN
$1,375
4770 Verne Rd Memphis, TN
3 BR | Available Now
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1
1822 Dearing Apartment for rent in Memphis, TN
$1,700
1822 Dearing Rd Memphis, TN
3 BR | Feb. 6, 2025
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1
$1,700
4550 Flamingo Rd #1 Memphis, TN
3 BR | Available Now
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1
$1,425
4454 Kimball Ave Memphis, TN
3 BR | Available Now
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Balcony/Deck/Patio
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3
$1,550
1830 Myrna Ln Memphis, TN
4 BR | Ask for Availability
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1
$2,500
4143 Hilldale Ave Memphis, TN
3 BR | Available Now
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2
$1,295
1555 Raymore Rd Memphis, TN
3 BR | Ask for Availability
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4
$500 - 650
1460 Cherry Rd. Memphis, TN
1 - 3 BR | Available Now
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9
$1,250
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
$995
Memphis, TN
3 BR | Mar. 7, 2025
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Air Conditioning
$1,500
Memphis, TN
4 BR | Ask for Availability
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1 - 30 of 36 Results
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How much does it cost to rent an apartment in 38117?

38117 apartments
Bed Type Average Rent Range
1BR $790 $500 - $1,080
2BR $1,300 $1,130 - $3,030
3BR $1,530 $940 - $2,330
4+BR $1,840 $1,500 - $4,000
Find an Apartment in 38117
Looking for apartments for rent in 38117 Memphis, TN? Rentable has a variety of rental options available in this area. Currently, there are 48 units available for rent in 38117, with an average rent of $1,500. The minimum rent for a 1-bedroom floor plan starts at $500.

If you're in search of apartments near 38117, Rentable has a wide selection of options to choose from. Whether you're looking for a studio, one-bedroom, or larger unit, you can find it here. Browse through our listings and discover the perfect apartment that suits your needs and budget.

With its convenient location in Memphis, TN, the apartments in 38117 provide easy access to a variety of amenities and attractions. Whether you're looking to explore nearby shopping centers, dine at local restaurants, or enjoy recreational activities, there is something for everyone in this area.

Don't miss out on the opportunity to find your ideal apartment in 38117. Explore Rentable's listings today and start your search for the perfect rental in Memphis, TN.

Memphis:
February Rent Report

Welcome to the February 2025 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2025 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
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
1 BR       2 BR

Memphis Rent Prices Decrease From January to February

Memphis rent prices decreased over the last month. From January to February, the city experienced a -0.48% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $1,040.0.

When we take a look at the two-bedroom comparison from January to February, Memphis experienced a 1.12% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,178.0.

February Prices: Memphis vs. Surrounding Areas

Germantown, TN
Lakeland, TN
Cordova, TN
Southaven, MS
Horn Lake, MS
Collierville, TN
Memphis, TN
Marion, AR
$2,032
$1,989
$1,378
$1,376
$1,375
$1,352
$1,045
$817
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have decreased 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 3 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 Horn Lake, MS, Germantown, TN, Lakeland, TN .

  • Rent decreased in Cordova, TN, Southaven, MS, Collierville, TN, Marion, AR.

  • 6 suburbs are currently priced higher than the city of Memphis.

  • 1 suburb is currently priced lower than the city of Memphis.

February 2025 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
$4,052
$3,132
$2,386
$2,333
$1,902
$1,262
$1,246
$1,207
$1,045
$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 declining. 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 February 1 BR M/M % Change 2 BR February 2 BR M/M % Change
Memphis, TN $1,045.0 0.58% $1,165.0 0.52%
Cordova, TN $1,378.0 -0.36% $1,561.0 -0.57%
Southaven, MS $1,376.0 -2.06% $1,413.0 -4.27%
Horn Lake, MS $1,375.0 2.69% $1,516.0 3.69%
Collierville, TN $1,352.0 -0.22% $1,621.0 -0.25%
Marion, AR $817.0 -0.73% $1,005.0 -1.95%
Germantown, TN $2,032.0 7.51% $2,156.0 10.51%
Lakeland, TN $1,989.0 5.91% $2,242.0 3.03%

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.