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Apartments in 38122

1 - 30 of 41 Results
10
$1,225
Allison Gardens Apartments
427 N Graham Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,450
500 Philwood
Memphis, TN
2 BR | Available Now
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House
Disability Access
Dishwasher
1
$1,580
High Point Terrace
3541 Johnwood Dr Memphis, TN
2 BR | Dec. 23, 2024
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Cat Friendly
House
Storage
High Point Terrace
15
$1,600
3902 Tutwiler Ave
Memphis, TN
2 BR | Jan. 2, 2025
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Dog Friendly
Cat Friendly
House
13
$1,250
1036 W Janice Cir
Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
10
$895
920 Isabelle St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
1
$595 - 695
Shady Oaks Apartments
516-522 Sharon Dr Memphis, TN
1 - 2 BR | Available Now
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Balcony/Deck/Patio
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Disability Access
Dishwasher
14
$1,095
4394 Owen Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$850
4 Success Is Now Offering This Spacious 2 Bedroom Home.
3317 Powell Ave Memphis, TN
2 BR | Available Now
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House
9
$975
3558 Rockwood Ave
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
19
$1,850
4128 Given Ave, Unit Apt.901
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
1
$1,450
Darling Updated 2 Bed, 1 Bath With Updated Appliances In High Point Terrace
438 N Highland St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
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15
$1,395
1265 Wrenwood St
Memphis, TN
4 BR | Jan. 2, 2025
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Dog Friendly
Cat Friendly
House
1
$550
Summerwood Apartments
4015 Summer Ave Memphis, TN
1 BR | Available Now
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Disability Access
14
$1,675
511 Vaughn Rd
Memphis, TN
3 BR | Jan. 15, 2025
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Dog Friendly
Cat Friendly
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Storage
Dishwasher
12
$1,250
510 Vaughn Rd
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,145
December Move-in Special! 1/2 Off First Month's Rent!
2798 Yale Ave Memphis, TN
3 BR | Available Now
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1
$975
Charming 3-bedroom, 1-bath Home In The Heart Of Berclair
1230 Darlow St Memphis, TN
3 BR | Available Now
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1
$1,095
3933 Rossiland
Memphis, TN
3 BR | Available Now
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3
$1,325
784 Milstead - Available Now!
784 Milstead Rd Memphis, TN
3 BR | Ask for Availability
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House
0
$895
3563 Tutwiler Ave
Memphis, TN
1 BR | Ask for Availability
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1
$1,000
The Summereast
770-850 Barlett Rd Memphis, TN
2 BR | Available Now
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0
$1,450
585 Freeman
Memphis, TN
3 BR | Available Now
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Dog Friendly
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Covered Parking
Balcony/Deck/Patio
1
$2,000
Charming Highpoint House
3573 Philwood Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
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High Point Terrace
1
$850
Come See This 3 Br Duplex For Rent -summer Ave Area- Move In Ready!
3424 Tutwiler Ave Memphis, TN
3 BR | Available Now
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16
$795
1051 Treadwell St
Memphis, TN
2 BR | Available Now
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Air Conditioning
Storage
7
$550
Text The Leasing Team At 901-820-4367 To Schedule Your Tour Today!
3563 Rockwood Ave Memphis, TN
1 BR | Available Now
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Storage
Disability Access
18
$1,695
344 N Highland St
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
High Point Terrace
$895
Macon Crossing
1092-3655 Homer/Macon Memphis, TN
2 BR | Available Now
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Downtown Memphis
11
$595
3803 Given Ave
Memphis, TN
1 BR | Available Now
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1 - 30 of 41 Results
  1. Home
  2. Memphis
  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 $540 - $1,690
3BR $1,290 $860 - $1,990
Frequently Asked Questions

How many apartments are available in 38122 on Rentable.co?

Rentable.co has 41 apartments available for rent in 38122.

What is the average rent for an apartment in 38122?

The average rent for an apartment in 38122 is around $1,000 per month.

What is the average rent for a two-bedroom apartment in 38122?

The average rent for a two-bedroom apartment in 38122 is around $900 per month.

What is the average rent for a one-bedroom apartment in 38122?

The average rent for a one-bedroom apartment in 38122 is around $595 per month.

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 45 units available for rent. The average rent in 38122 is $1,000, with the lowest priced floor-plan type starting at $545.

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:
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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