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Apartments for Rent in 38116, TN

85 Rentals Available
  • a kitchen with white appliances and white cabinets
    346
    Today

    4537 Mill Stream Dr, Memphis, TN 38116
    1 BED $663+
    2 BEDS $753+
    3 BEDS $1,155+
  • an empty living room and kitchen with wood flooring and a refrigerator
    521
    Today

    3471 W Briarpark Dr, Memphis, TN 38116
    1 BED $680+
    2 BEDS $726+
    3 BEDS $900+
  • 1083 Richland 4 Beds Apartment for Rent
    Today

    1083 Richland, Memphis, TN 38116
    4 BEDS $1,710
  • A kitchen with white cabinets and a black dishwasher.
    Today

    1094 Shelby Dr. E, Memphis, TN 38116
    3 BEDS $1,240
  • A kitchen with wooden cabinets and a countertop.
    6
    Today

    1265 Winfield, Memphis, TN 38116
    3 BEDS $1,370
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  • 2024 Janis Drive 3 Beds Apartment for Rent
    Today

    2024 Janis Drive, Memphis, TN 38116
    3 BEDS $1,355
  • the front of a brick house with a green lawn and some trees
    Today

    2036 St. James Drive, Memphis, TN 38116
    4 BEDS $1,425
  • a living room with a red rug and a red couch
    74
    Today

    4485 Hudgins Road, Memphis, TN 38116
    Income Restricted
    1 BED $750
    2 BEDS Ask for Pricing
    3 BEDS $1,100
  • a living room with two couches and a table
    24
    Today

    3990 Barton Dr,, Memphis, TN 38116
    1 BED Ask for Pricing
    2 BEDS $925+
  • a living room with a white couch and a black chair
    10
    Today

    1104 Chambliss Rd, Memphis, TN 38116
    2 BEDS $1,095
  • the wordscanningsoon on a black and white background
    Today

    2034 Tammwood Drive, Memphis, TN 38116
    3 BEDS $1,590
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  • a small brick house with a yard and a garage
    Today

    5167 Haleville Road, Memphis, TN 38116
    3 BEDS $1,335
  • A tree in a yard with a house in the background.
    7
    Today

    839 LYDGATE, MEMPHIS, TN 38116
    STUDIO $750
  • our apartments have a playground for kids to play
    Today

    5459 Hudgins Road, Memphis, TN 38116
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • an empty street in a neighborhood with houses and trees
    Today

    1430 Graceland Pines, Memphis, TN 38116
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS $1,110
  • A living room with a grey couch, a wooden cabinet, a black door, and a painting on the wall.
    Today

    1043 Whitaker Dr, Memphis, TN 38116
    2 BEDS $900
  • A living room with a grey couch, a wooden cabinet, a black door, and a painting on the wall.
    Today

    1043 Whitaker Dr, Memphis, TN 38116
    1 BED $800
  • Interactive banner bedroom
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  • the exterior of a restaurant with a sign for subway and a parking lot
    Today

    450 Stateline Rd W, Southaven, MS 38671
    STUDIO $1,600+
  • a brick building with a satellite dish on the roof
    Today

    3250 Shannon Cirlce, Memphis, TN 38118
    Income Restricted
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • A beige house with a black door and windows.
    Today

    5082 Golden Oaks Drive, Memphis, TN 38118
    3 BEDS $1,250
  • A white door with a window above it.
    Today

    5400 SPUTNIK, MEMPHIS, TN 38118
    STUDIO $1,100
  • A living room with a green chair, a coffee table with a vase of flowers, and a television on a cabinet.
    211
    Today

    2743 Ketchum Road, Memphis, TN 38114
    1 BED $551+
    2 BEDS $680+
  • A kitchen with white cabinets and a black stove top oven.
    Today

    2760 Lola Ave, Memphis, TN 38114
    4 BEDS $1,550
  • A house with the words "COMING SOON" in front of it.
    Today

    2828 Heber Avenue, Memphis, TN 38114
    3 BEDS $750
  • a view of a tree from inside a bottle of water
    Today

    2694 DONNA COVE, MEMPHIS, TN 38114
    4 BEDS $1,200
17-8-zipcode
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38116 rent trends

Rental prices in 38116 have increased by 2.31% over the past year. The average rent moved from $803 to $821.

Average rent in 38116

$821/mo 38116 average rental price, October 2025
Image Average Rent

    What's the typical rent budget in 38116?

    The largest share of rentals in 38116 (89%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in 38116, TN

    29 /100
    Car-Dependent
    26 /100
    Some Transit
    46 /100
    Somewhat Bikeable
    Walk Score®: 29, Transit Score®: 26, Bike Score®: 46

    Frequently asked questions

    When were prices and availability in 38116 last updated?

    Prices and availability in 38116 were last updated on 18 Nov 2025.

    What are the best apartments in 38116?

    The best apartments in 38116 are: Mill Creek Apartments, Creekside Meadows, 1083 Richland Memphis, TN 38116, 1094 Shelby Dr. E Memphis, TN 38116 and 1265 Winfield Memphis, TN 38116.

    What is the average rent in 38116?

    The average rent in 38116 is $708.

    What is the price range for a 1-bedroom apartment in 38116?

    The price range for a 1-bedroom apartment in 38116 is between $660 and $1,110.

    What is the price range for a 2-bedroom apartment in 38116?

    The price range for a 2-bedroom apartment in 38116 is between $729 and $1,693.

    What is the price range for a 3-bedroom apartment in 38116?

    The price range for a 3-bedroom apartment in 38116 is between $909 and $1,590.

    What type of rental buildings are in 38116?

    In 38116, 56% of the residents are renting compared to 44% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of 38116’s rentals, 70% are small-scale complexes with under 50 units, and 23% are single-family rentals.

    38116 demographics

    • 41,393Total Population
    • 22,537 Female
      18,856 Male
    • 34Median Age

    38116 households

    • 9,291 Family
      6,097 Non-family
    • 5,262 Children
      10,126 No Children
    • 15,388Total Number of Households
    • 2Average People Per Household
    • $44,663Median Household Income

    38116 education statistics

    RentCafe is your one-stop shop for finding a great new apartment in the 38116 zip code. Easily search through a wide selection of apartments for rent in 38116, TN and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Rents for apartments in 38116 start at $300. Browse apartment listings in 38116 and submit your rental application today!

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