Apartments in 38122

1 - 30 of 49 Results
1
High Point Terrace Apartment for rent in Memphis, TN
$1,575
3541 Johnwood Dr Memphis, TN
2 BR | Available Now
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10
Allison Gardens Apartments Apartment for rent in Memphis, TN
Allison Gardens Apartments Apartment for rent in Memphis, TN
$995 - 1,175
427 N Graham Memphis, TN
2 BR | Available Now
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1
500 Philwood Apartment for rent in Memphis, TN
$1,450
Memphis, TN
2 BR | Available Now
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1
Darling Updated 2 Bed, 1 Bath With Updated Appliances In High Point Terrace Apartment for rent in Memphis, TN
$1,425
438 N Highland St Memphis, TN
2 BR | Available Now
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1
Come See This 3 Br Duplex For Rent -summer Ave Area- Move In Ready! Apartment for rent in Memphis, TN
$895
3424 Tutwiler Ave Memphis, TN
3 BR | Available Now
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18
4448 Powell Ave Apartment for rent in Memphis, TN
4448 Powell Ave Apartment for rent in Memphis, TN
$995
Memphis, TN
2 BR | Available Now
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19
4418 Powell Ave Unit 5 Apartment for rent in Memphis, TN
4418 Powell Ave Unit 5 Apartment for rent in Memphis, TN
$995
Memphis, TN
2 BR | Available Now
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10
3558 Rockwood Ave Apartment for rent in Memphis, TN
3558 Rockwood Ave Apartment for rent in Memphis, TN
$975
Memphis, TN
2 BR | Available Now
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13
3902 Tutwiler Ave Apartment for rent in Memphis, TN
3902 Tutwiler Ave Apartment for rent in Memphis, TN
$1,600
Memphis, TN
2 BR | Available Now
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1
Fabulous 4 Bd 2 Bath Fully Renovated Home In High Point Terrace! Small Pets Allowed. Apartment for rent in Memphis, TN
$2,195
3772 Shirlwood Memphis, TN
4 BR | Feb. 21, 2025
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1
Awesome Duplex For Rent!!!! Close To The U Of M! Apartment for rent in Memphis, TN
$825
3479 Powell Ave Memphis, TN
2 BR | Available Now
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13
4394 Owen Ave Apartment for rent in Memphis, TN
4394 Owen Ave Apartment for rent in Memphis, TN
$1,095
Memphis, TN
3 BR | Available Now
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1
Under Repair! Apartment for rent in Memphis, TN
$800
1158 Weiner Rd Memphis, TN
2 BR | Available Now
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0
Shady Oaks Apartments Apartment for rent in Memphis, TN
$595
516-522 Sharon Dr Memphis, TN
1 BR | Available Now
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19
4128 Given Ave, Unit Apt.901 Apartment for rent in Memphis, TN
4128 Given Ave, Unit Apt.901 Apartment for rent in Memphis, TN
$1,850
Memphis, TN
2 BR | Available Now
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13
1036 W Janice Cir Apartment for rent in Memphis, TN
1036 W Janice Cir Apartment for rent in Memphis, TN
$1,250
Memphis, TN
3 BR | Ask for Availability
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1
Summerwood Apartments Apartment for rent in Memphis, TN
$550
4015 Summer Ave Memphis, TN
1 BR | Available Now
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The Summer Oaks Apartments Apartment for rent in Memphis, TN
$750
4030 Summer Ave Memphis, TN
2 BR | Available Now
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14
511 Vaughn Rd Apartment for rent in Memphis, TN
511 Vaughn Rd Apartment for rent in Memphis, TN
$1,675
Memphis, TN
3 BR | Available Now
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3549 Bowen Ave Apartment for rent in Memphis, TN
3549 Bowen Ave Apartment for rent in Memphis, TN
$1,570
Memphis, TN
4 BR | Available Now
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510 Vaughn Rd Apartment for rent in Memphis, TN
510 Vaughn Rd Apartment for rent in Memphis, TN
$1,250
Memphis, TN
2 BR | Available Now
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$1,650
831 Maria St Memphis, TN
4 BR | Available Now
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$850
3477 Tutwiler Ave Memphis, TN
2 BR | Available Now
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1
$1,095
Memphis, TN
3 BR | Available Now
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$975
1230 Darlow St Memphis, TN
3 BR | Available Now
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$1,095
4374 Zelda Ln Memphis, TN
2 BR | Available Now
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$795
Memphis, TN
1 BR | Ask for Availability
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$800
1156 Weiner Rd Memphis, TN
2 BR | Available Now
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$1,695
4402 Given Ave Memphis, TN
4 BR | Available Now
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$1,395
Memphis, TN
3 BR | Available Now
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1 - 30 of 49 Results
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  3. 38122

How much does it cost to rent an apartment in 38122?

38122 apartments
Bed Type Average Rent Range
1BR $600 $550 - $1,000
2BR $900 $570 - $1,610
3BR $1,320 $900 - $1,900
4+BR $1,670 $1,570 - $2,200
Find an Apartment in 38122
Looking for apartments for rent in 38122 Memphis, TN? Rentable has a variety of rental options available in this area. Currently, there are 50 units available for rent. The average rent in 38122 is $1,000, with the lowest priced floor-plan type starting at $550.

If you are searching for apartments near 38122, consider exploring Rentable's listings in this area. With a variety of rental options available, you can find the perfect apartment that meets your needs and preferences. Take a look at the available apartments in 38122 Memphis, TN and start your search for your new home today.

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.