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Apartments for Rent in 38116, TN - 69 Rentals available

  • Home
    916 E Shelby Dr, Memphis, TN 38116
    $875
    • 3 Beds
    • 1.5 Baths
    Available Today!
    (844) 258-2004
  • Home
    5120 Hudgins, Memphis, TN 38116
    $855
    • 3 Beds
    • 2 Baths
    Available Today!
    (844) 395-3959
  • Home
    1958 Danberry Avenue, Memphis, TN 38116
    $1,145
    • 4 Beds
    • 2 Baths
    Available Today!
    (844) 395-3959
  • Home
    1512 Lehr Drive, Memphis, TN 38116
    $1,075
    • 3 Beds
    • 2 Baths
    Available Today!
    (844) 258-2004
  • Home
    4310 Millbranch Rd, Memphis, TN 38116
    $1,075
    • 3 Beds
    • 2.5 Baths
    Available Today!
    (844) 395-3959
  • Home in Whitehaven
    4896 Lochnivar Drive, Memphis, TN 38116
    $795
    • 3 Beds
    • 1.5 Baths
    Available Today!
    (844) 395-3959
  • Apartment
    1350 Faronia Square South, Memphis, TN 38116
    $675 - $800
    • 2-3 Beds
    • 1-2 Baths
    Freeman Webb Company Realtors
    Available Today!
    (901) 300-2027
  • Apartment in Whitehaven
    1770 Piping Rock Drive, Memphis, TN 38116
    $449 - $789
    • 1-4 Beds
    • 1-2 Baths
    Available Today!
    (901) 332-0472

38116 Demographics

  • Total Population40,642
  • Female 18,546
    Male 22,096
  • Median Age32.5

Average Rent in 38116

  • 38116 Average Rental Price, February, 2018$555/mo
  • Studio$515
  • 1 Bedroom$479
  • 2 Bedrooms$563
  • Studio$633
  • 1 Bedroom$713
  • 2 Bedroom$772

38116 Apartment Rent Ranges

  • < $50030%
  • $501-$70065%
  • $701-$1,0004%

38116 Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
February, 2018 $555 $515 $479 $563
May / 2017 $555 $514 $481 $563
Jan / 2017 $558 $513 $477 $568
Sept / 2016 $553 $513 $465 $566
May / 2016 $543 $445 $464 $550
Jan / 2016 $532 $444 $448 $537
Sept / 2015 $532 $437 $447 $540
May / 2015 $525 $442 $434 $532
Jan / 2015 $521 $427 $441 $524
/

Average rent is projected to grow by 2% in 2017 compared to 2016.

Please note that projected rent growth is calculated at city level.

38116 Households

  • Total Number of Households14,131
  • Family 9,287
    Non-family 4,844
  • Children 4,994
    No Children 9,137
  • Average People Per Household2.84
  • Median Household Income$37,174
  • Median Housing Costs Per Month$886

38116 Education Statistics

  • No High School4%
  • Some High School45%
  • Some College28%
  • Associate Degree8%
  • Bachelor Degree9%
  • Graduate Degree5%

RENTCafé 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 $449. Browse apartment listings in 38116 and submit your rental application today!

Popular Places with lower average rent (below $555)