Apartments in 38128

1 - 30 of 46 Results
32
Hilldale Apartments Apartment for rent in Memphis, TN
$731 - 2,216
3500 Westline Dr Memphis, TN
1 - 3 BR | Available Now
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Air Conditioning
Surface Parking
20
Covington Hills Apartment for rent in Memphis, TN
$1,000 - 1,450
4800 Raleigh Lagrange Rd Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
5
Stonegate Apartment Apartment for rent in Memphis, TN
$570 - 700
4500 Stone Gate Dr Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony/Deck/Patio
10
Charming 3-bedroom, 1-bath Home Apartment for rent in Memphis, TN
$995
3722 Dorado Cv Memphis, TN
3 BR | Ask for Availability
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House
10
4294 Bishop Hills Dr Apartment for rent in Memphis, TN
$1,500
Memphis, TN
4 BR | Mar. 3, 2025
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Dog Friendly
Cat Friendly
House
Air Conditioning
5
The Summit Apartments Apartment for rent in Memphis, TN
$620 - 878
4981 Hidden Lake Drive Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Fitness Center
18
3294 Ridgemont RD Apartment for rent in Memphis, TN
$1,250
Memphis, TN
4 BR | Mar. 7, 2025
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Dog Friendly
Cat Friendly
House
13
4397 Brickwood Ln Apartment for rent in Memphis, TN
$1,325
Memphis, TN
3 BR | Feb. 7, 2025
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Dog Friendly
Cat Friendly
House
Air Conditioning
1
Cute And Updated 3 Bed, 2 Bath Home. Apartment for rent in Memphis, TN
$1,495
4317 Rosswood Dr Memphis, TN
3 BR | Available Now
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House
Storage
23
Charming 3-bedroom, 2 Bathroom Home Available Now! Apartment for rent in Memphis, TN
$1,395
3615 Lakehurst Dr Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
17
4227 Ann Arbor Ln Apartment for rent in Memphis, TN
$1,150
Memphis, TN
3 BR | Ask for Availability
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House
4
4428 Grand Pyramid - Available Now! Apartment for rent in Memphis, TN
$1,295
4428 Grand Pyramid Dr Memphis, TN
3 BR | Ask for Availability
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House
8
4049 Timberwood Dr Apartment for rent in Memphis, TN
$1,500
Memphis, TN
3 BR | Available Now
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House
Storage
Dishwasher
Fireplace
12
2764 Epping Way Dr Apartment for rent in Memphis, TN
$965
Memphis, TN
2 BR | Mar. 3, 2025
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Dog Friendly
Cat Friendly
House
25
3837 Tessland RD Apartment for rent in Memphis, TN
$1,250
Memphis, TN
3 BR | Available Now
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House
Dishwasher
14
3808 Voltaire Ave Apartment for rent in Memphis, TN
$1,095
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Covered Parking
12
3483 Coleman Rd Apartment for rent in Memphis, TN
$1,395
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
7
Beautiful 4 Bed, 2 Bath Family Home! Apartment for rent in Memphis, TN
$1,695
3341 Joslyn St Memphis, TN
4 BR | Ask for Availability
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House
Air Conditioning
1
Rollingmeadowsdr4762 Apartment for rent in Memphis, TN
$1,250
4762 Rolling Meadows Dr Memphis, TN
3 BR | Available Now
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1
Pecan Circle 168 Llc Apartment for rent in Memphis, TN
$1,500
4340 Raleigh Millington Rd Memphis, TN
3 BR | Available Now
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Dog Friendly
2
3402 Kettlebrook - Available Now! Apartment for rent in Memphis, TN
$1,350
3402 Kettlebrook Cv Memphis, TN
3 BR | Ask for Availability
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House
0
$1,050
2780 Raleigh Lagrange Rd Memphis, TN
2 BR | Available Now
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2
$1,495
4749 Waterfront Oak Dr Memphis, TN
3 BR | Ask for Availability
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House
3
$1,350
3081 Earnett St Memphis, TN
3 BR | Ask for Availability
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1
$1,095
3579 Dorado Ave Memphis, TN
3 BR | Ask for Availability
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0
$1,095
3656 Dorado Ave Memphis, TN
3 BR | Available Now
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1
$750
4651 Royal Ridge Dr Memphis, TN
1 BR | Available Now
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1
$800
Memphis, TN
2 BR | Ask for Availability
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1
$1,095
Memphis, TN
3 BR | Ask for Availability
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1
$1,295
3298 Cedar Springs Dr Memphis, TN
3 BR | Available Now
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1 - 30 of 46 Results
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  2. Memphis
  3. 38128

How much does it cost to rent an apartment in 38128?

38128 apartments
Bed Type Average Rent Range
1BR $890 $580 - $1,000
2BR $1,070 $770 - $1,640
3BR $1,270 $810 - $1,790
4+BR $1,500 $1,150 - $1,750
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 100 units available for rent. The average rent in 38128 is $1,070, and you can find 1-bedroom units starting at $575.

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:
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.