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Apartments in 38117

31 - 40 of 40 Results
0
$3,900
Rare Find!! Breathtaking Charm! Gated Community! Pets Are Owner's Approval, Fees Apply.
493 W Racquet Club Pl Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
3
$1,550
1830 Myrna Lane - Available Now!
1830 Myrna Ln Memphis, TN
4 BR | Ask for Availability
Contact
House
$1,500
1560 Hopewell Rd
Memphis, TN
4 BR | Ask for Availability
Contact
House
4
$500 - 650
Cherry Crest Apartments
1460 Cherry Rd. Memphis, TN
1 - 3 BR | Available Now
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Student
Dishwasher
9
$1,100 - 3,300
The Embassy Apartments
505 South Perkins Road Memphis, TN
2 - 3 BR | Available Now
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Heat Included
Luxury
Covered Parking
Storage
Pool
9
$1,250
4800 Verne Rd
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
$2,295
329 Fairfield Cir
Memphis, TN
3 BR | Available Now
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Dog Friendly
House
Storage
Dishwasher
0
$1,495
Gated Parking! Huge Backyard! Corner Lot! Available Now!
4975 Marianne Ln Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$1,750
3 Bed, 2 Bath Recently Renovated In East Memphis
5143 Woodlark Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
0
$1,400
Move In Ready - Newly Renovated East Memphis Home
1552 Delmont Rd Memphis, TN
3 BR | Available Now
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House
31 - 40 of 40 Results
  1. Home
  2. Memphis
  3. 38117

How much does it cost to rent an apartment in 38117?

38117 apartments
Bed Type Average Rent Range
2BR $1,300 $1,120 - $3,160
3BR $1,500 $1,070 - $2,310
4+BR $1,600 $1,230 - $3,900
Frequently Asked Questions

How many apartments are available in 38117 on Rentable.co?

Rentable.co has 40 apartments available for rent in 38117.

What is the average rent for an apartment in 38117?

The average rent for an apartment in 38117 is around $1,470 per month.

What is the average rent for a two-bedroom apartment in 38117?

The average rent for a two-bedroom apartment in 38117 is around $1,300 per month.

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 $1,470. The minimum rent for a 3-bedroom floor plan starts at $1,073.

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:
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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