Apartments in 38128

1 - 30 of 51 Results

32

$731 - 2,216

Hilldale Apartments

3500 Westline Dr Memphis, TN

1 - 3 BR | Available Now

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Air Conditioning

Surface Parking

10

$995

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3722 Dorado Cv Memphis, TN

3 BR | Ask for Availability

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House

17

$1,150

4227 Ann Arbor Ln

Memphis, TN

3 BR | Ask for Availability

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14

$1,095

3808 Voltaire Ave

Memphis, TN

3 BR | Available Now

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Cat Friendly

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Air Conditioning

Covered Parking

15

$1,395

3483 Coleman Rd

Memphis, TN

3 BR | Available Now

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Cat Friendly

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14

$1,325

4397 Brickwood Ln

Memphis, TN

3 BR | Jan. 2, 2025

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Dog Friendly

Cat Friendly

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Air Conditioning

1

$1,399

3 Bed 2 Bath Near Egypt Central And Raleigh-millington

4381 Pecan Creek Cir Memphis, TN

3 BR | Available Now

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Dog Friendly

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Fireplace

13

$849

4706 Royal Ridge Dr

Memphis, TN

3 BR | Available Now

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Cat Friendly

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14

$1,250

3549 Monessen Dr

Memphis, TN

3 BR | Available Now

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20

$1,250

3294 Ridgemont RD

Memphis, TN

4 BR | Jan. 31, 2025

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25

$1,250

3837 Tessland RD

Memphis, TN

3 BR | Available Now

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Dishwasher

1

$1,575

4465 Pecan Forest Ct

Memphis, TN

3 BR | Available Now

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Dishwasher

7

$1,695

3341 Joslyn St

Memphis, TN

4 BR | Ask for Availability

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House

Air Conditioning

11

$1,295

4707 Fairlane Dr

Memphis, TN

3 BR | Ask for Availability

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House

Air Conditioning

3

$1,350

4507 Tanbark - Available Now!

4507 Tanbark Ave Memphis, TN

3 BR | Ask for Availability

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0

$1,050

Gallery Apartments

2780 Raleigh Lagrange Rd Memphis, TN

2 BR | Available Now

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1

$1,195

3 Bedroom, 2 Bath Near New Allen Rd And Hawkins Mill

3814 Seldon Ave Memphis, TN

3 BR | Available Now

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Dog Friendly

Cat Friendly

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Dishwasher

1

$950

4 Success Is Now Offering This 3 Bedroom Home 2 Bathroom

3906 Brandy Ave Memphis, TN

3 BR | Available Now

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1

$1,095

Newly Renovated Home In Raleigh - Open To Section 8

4370 Old Allen Rd Memphis, TN

3 BR | Available Now

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1

$950

Pecan Circle 168 Llc

4340 Raleigh Millington Rd Memphis, TN

3 BR | Available Now

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Dog Friendly

1

$1,250

Rollingmeadowsdr4762

4762 Rolling Meadows Dr Memphis, TN

3 BR | Available Now

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1

$1,195

Section 8 Approved

3579 Dorado Ave Memphis, TN

3 BR | Ask for Availability

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House

3

$1,350

4414 Brickwood - Available Now!

4414 Brickwood Ln Memphis, TN

3 BR | Ask for Availability

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3

$1,395

4876 Summitridge - Available Now!

4876 Summitridge Dr Memphis, TN

3 BR | Ask for Availability

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House

1

$1,325

Come See This Spacious 3 Bedroom Home In Raleigh - Move In Ready

2560 Mcarthur Dr Memphis, TN

3 BR | Available Now

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1

$849

Below Market Rent!

4706 Royal Ridge Dr Memphis, TN

3 BR | Available Now

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Dog Friendly

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2

$1,595

4749 Waterfront Oak Drive - Available Now!

4749 Waterfront Oak Dr Memphis, TN

3 BR | Ask for Availability

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3

$1,350

4322 Appian Cove - Available Now!

4322 Appian Cv Memphis, TN

3 BR | Ask for Availability

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1

$1,195

3199 Ridgemont Rd

Memphis, TN

3 BR | Ask for Availability

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2

$995

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2765 Walnut Rd Memphis, TN

3 BR | Ask for Availability

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1 - 30 of 51 Results

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Memphis
38128

Find an Apartment in 38128

Looking for apartments for rent in 38128 Memphis, TN? Rentable has a variety of options available in this area. Currently, there are 94 units available for rent. The average rent in 38128 is $1,070, and you can find 1-bedroom units starting at $570.

38128 is a diverse and vibrant zip code in Memphis, TN. There are several nearby points of interest and community amenities that make this area desirable. Whether you're looking for parks, shopping centers, or restaurants, you'll find plenty of options near apartments 38128 Memphis, TN.

If you're a nature lover, you'll be pleased to know that there are several parks in close proximity to the apartments near 38128. These parks offer opportunities for outdoor activities such as hiking, biking, or simply enjoying a peaceful day surrounded by nature.

With the variety of apartments available in 38128, you're sure to find one that suits your needs and preferences. Whether you're looking for a spacious floor plan or an affordable rental option, Rentable can help you find the perfect apartment in this area. Don't wait any longer, start your search for apartments in 38128 Memphis, TN 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.