Apartments in 38141

1 - 23 of 23 Results
24
$1,295
4588 Summer Creek Cv Memphis, TN
3 BR | Available Now
Contact
House
23
$1,350
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
20
$1,250
5738 Ashridge Pl Memphis, TN
3 BR | Ask for Availability
Contact
House
12
$2,500
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1
$1,695
5420 Kindle Crk Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
5
$1,395
Memphis, TN
3 BR | Jan. 31, 2025
Contact
Dog Friendly
Cat Friendly
House
10
$1,450
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
2
$1,650
6004 Rosewind Cir W Memphis, TN
3 BR | Ask for Availability
Contact
House
3
$1,450
5281 Oak Court Cv N Memphis, TN
3 BR | Ask for Availability
Contact
House
2
$1,695
4660 Leash Ln Memphis, TN
3 BR | Ask for Availability
Contact
House
1
$1,795
4936 W Hedgewall Cir Memphis, TN
3 BR | Ask for Availability
Contact
House
3
$1,450
4453 Crescent Park Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
1
$1,695
Memphis, TN
3 BR | Ask for Availability
Contact
House
2
$1,750
4458 Seven Valley Cv Memphis, TN
4 BR | Ask for Availability
Contact
House
2
$1,695
6034 Tall Willow Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
2
$1,550
Memphis, TN
3 BR | Ask for Availability
Contact
House
$1,595
4194 Meadow Valley Dr E Memphis, TN
3 BR | Ask for Availability
Contact
House
9
$1,475
5395 Ragan Ridge Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Disability Access
9
$715
Memphis, TN
3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
House
Air Conditioning
$1,695
6893 Rockingham Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
Dishwasher
26
$1,650
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
1
$1,450
Memphis, TN
5 BR | Available Now
Contact
House
4
$635 - 890
4733 Heather Row Memphis, TN
1 BR | Available Now
Contact
Income Restricted
Section 8
Pool
1 - 23 of 23 Results
  1. Home
  2. Memphis
  3. 38141

How much does it cost to rent an apartment in 38141?

38141 apartments
Bed Type Average Rent Range
3BR $1,550 $960 - $1,750
Find an Apartment in 38141
Looking for apartments for rent in the 38141 zip code in Memphis, TN? Rentable has a variety of options available for you. Currently, there are 22 units available in this area. The average rent in 38141 is $1,550, and you can find 3-bedroom floor plans starting at $956.

The 38141 zip code is located in southeast Memphis and offers a convenient location near several amenities. If you enjoy spending time outdoors, you'll be glad to know that there are parks and green spaces nearby where you can relax or engage in recreational activities.

If you're looking for nearby points of interest, you'll find that 38141 is close to various shopping centers, restaurants, and entertainment options. Whether you prefer exploring the local cuisine or indulging in some retail therapy, you'll have plenty of choices in this area.

If you're ready to find your next rental in the 38141 zip code, Rentable has a range of apartments available for you to choose from. Take a look at our listings and find the one that suits your needs and preferences. Don't miss out on the opportunity to secure your ideal apartment in 38141 Memphis, TN.

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.