Apartments in 38126

1 - 10 of 10 Results

19

$691 - 1,340

Foote Park At South City

521 Vance Park Place Memphis, TN

1 - 3 BR | Ask for Availability

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Dog Friendly

Cat Friendly

Luxury

Air Conditioning

In Unit Laundry

22

$979 - 1,658

Foote Park at South City Apartments

Deal

410 S Danny Thomas Blvd Memphis, TN

1 - 3 BR | Available Now

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Dog Friendly

Cat Friendly

Luxury

Air Conditioning

In Unit Laundry

10

$850

487 Williams

Memphis, TN

2 BR | Available Now

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Disability Access

14

$995

107

Owens Pl Memphis, TN

3 BR | Available Now

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South Forum

6

$840

Linden Yard

Memphis, TN

2 BR | Available Now

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South Forum

1

$750

Spacious 2 Bedroom Home In A Central Location!! - (duplex)

643 Walnut St Memphis, TN

2 BR | Available Now

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House

7

$695

1025 S Wellington St Unit 2

Memphis, TN

2 BR | Available Now

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House

10

$710

Forum Flats

5.0

290 Turley Ste. 128 Memphis, TN

1 BR | Available Now

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Income Restricted

Balcony/Deck/Patio

Fitness Center

Dishwasher

9

$1,300

Move-in Special - 1/2 Off First Month's Rent!

678 Tate Ave Memphis, TN

4 BR | Available Now

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House

Air Conditioning

Disability Access

1

$350

660 Jennette

Memphis, TN

2 BR | Available Now

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House

1 - 10 of 10 Results

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Memphis
38126

Find an Apartment in 38126

Looking for apartments for rent in 38126, Memphis, TN? Rentable currently has 94 units available in this zip code. The average rent in 38126 is $1,130, with the lowest rent for a 2-bedroom unit starting at $691.

If you're searching for apartments near 38126, look no further. Explore Rentable's listings for apartments in Memphis, TN, and find your perfect rental today.

Memphis:
November Rent Report

Welcome to the November 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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

$1,200

$900

$600

$300

$0

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Memphis Rent Prices Increase From October to November

Memphis rent prices increased over the last month. From October to November, the city experienced a 1.91% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $1,015.0.

When we take a look at the two-bedroom comparison from October to November, Memphis experienced a 1.7% increase for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,137.0.

November Prices: Memphis vs. Surrounding Areas

Germantown, TN

Cordova, TN

Collierville, TN

Horn Lake, MS

Southaven, MS

Olive Branch, MS

Memphis, TN

Marion, AR

$1,571

$1,408

$1,377

$1,347

$1,287

$1,250

$996

$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, 5 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, Olive Branch, MS.
6 suburbs are currently priced higher than the city of Memphis.
1 suburb is currently priced lower than the city of Memphis.

November 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

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$996

$0

$1,400

$2,800

$4,200

$5,600

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 November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
Memphis, TN	$996.0	1.94%	$1,118.0	2.85%
Cordova, TN	$1,408.0	-0.85%	$1,590.0	-0.75%
Southaven, MS	$1,287.0	1.50%	$1,409.0	0.43%
Horn Lake, MS	$1,347.0	-2.81%	$1,454.0	-3.65%
Collierville, TN	$1,377.0	-0.36%	$1,634.0	-0.24%
Marion, AR	$825.0	0.00%	$1,059.0	-0.28%
Olive Branch, MS	$1,250.0	0.00%	$1,360.0	0.59%
Germantown, TN	$1,571.0	0.77%	$1,864.0	-1.06%

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.