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Apartments for Rent in 38118, TN - 21 Rentals available

  • Apartment in Parkway Village
    3541 Mediterranean Dr, Memphis, TN 38118
    $625
    • 1-2 Beds
    • 1-2 Baths
    Available Today!
    (901) 267-0832
  • Home in Oakhaven
    3828 Bishops Bridge, Memphis, TN 38118
    $895
    • 3 Beds
    • 1.5 Baths
    Available Today!
    (844) 395-3959
  • Home in Parkway Village
    4066 Berrywood, Memphis, TN 38118
    $825
    • 3 Beds
    • 1.5 Baths
    Available Today!
    (844) 258-2004
  • Home in Oakhaven
    4953 Shelter Cv, Memphis, TN 38118
    $745
    • 2 Beds
    • 2 Baths
    Available Today!
    (844) 395-3959
  • Home in Parkway Village
    3244 Boxdale Street, Memphis, TN 38118
    $1,065
    • 4 Beds
    • 3 Baths
    Available Today!
    (844) 395-3959
  • Home in Parkway Village
    4816 Bridgedale Ave, Memphis, TN 38118
    $935
    • 3 Beds
    • 1.5 Baths
    Available Today!
    (844) 395-3959
  • Home in Oakhaven
    3340 Cloudland, Memphis, TN 38118
    $910
    • 3 Beds
    • 2 Baths
    Available Today!
    (844) 395-3959
  • Home in Parkway Village
    3794 Castleman Street, Memphis, TN 38118
    $945
    • 3 Beds
    • 2 Baths
    Available Today!
    (844) 395-3959
  • Home in Parkway Village
    3948 Comanche Road, Memphis, TN 38118
    $945
    • 4 Beds
    • 2 Baths
    (844) 395-3959
  • Home in Parkway Village
    4022 Cochese, Memphis, TN 38118
    $945
    • 3 Beds
    • 2 Baths
    (844) 395-3959
  • Home in Parkway Village
    4903 Bryndale Ave, Memphis, TN 38118
    • 3 Beds
    • 1 Bath
    (901) 334-1850
  • Home in Oakhaven
    3429 Beech Grove Rd, Memphis, TN 38118
    $895
    • 4 Beds
    • 1 Bath
    (901) 334-1850
  • Home in Parkway Village
    3039 Meadows Ln, Memphis, TN 38118
    $895
    • 3 Beds
    • 2 Baths
    (901) 334-1850
  • Home in Parkway Village
    5075 Flanders Ave, Memphis, TN 38118
    $895
    • 3 Beds
    • 1.5 Baths
    (901) 334-1850
  • Home in Oakhaven
    3645 Elm Park Rd, Memphis, TN 38118
    $895
    • 3 Beds
    • 1.5 Baths
    (901) 334-1850
  • Home in Parkway Village
    4100 Chippewa Rd, Memphis, TN 38118
    $895
    • 3 Beds
    • 1 Bath
    (901) 334-1850
  • Home in Parkway Village
    3424 Boxdale St, Memphis, TN 38118
    $1,045
    • 3 Beds
    • 2 Baths
    (901) 334-1850
  • Apartment in Oakville
    3930 Allenbrook Cove, Memphis, TN 38118
    • 1-2 Beds
    • 1 Bath
    (901) 797-0266
  • Apartment in Oakhaven
    3424 Winchester Park Drive, Memphis, TN 38118
    $540 - $725
    • Studio-3 Beds
    • 1-2 Baths
    DMG Property Management LLC
    (901) 249-2170

38118 Demographics

  • Total Population41,940
  • Female 20,035
    Male 21,905
  • Median Age29.4

Average Rent in 38118

  • 38118 Average Rental Price, May 2018$550/mo
  • Studio$397
  • 1 Bedroom$467
  • 2 Bedrooms$550
  • Studio$626
  • 1 Bedroom$714
  • 2 Bedroom$769

38118 Apartment Rent Ranges

  • < $50032%
  • $501-$70063%
  • $701-$1,0005%

38118 Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
May / 2018 $550 $397 $467 $550
Sept / 2017 $543 $397 $464 $544
May / 2017 $544 $397 $460 $545
Jan / 2017 $536 $395 $454 $537
Sept / 2016 $524 $397 $452 $525
May / 2016 $527 $397 $451 $523
Jan / 2016 $527 $397 $447 $525
Sept / 2015 $523 $381 $444 $521
May / 2015 $520 $306 $426 $515
Jan / 2015 $516 $306 $434 $508
/

Average rent is projected to grow by 2% in 2018 compared to 2017.

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

38118 Households

  • Total Number of Households13,338
  • Family 9,354
    Non-family 3,984
  • Children 5,632
    No Children 7,706
  • Average People Per Household3.11
  • Median Household Income$32,376
  • Median Housing Costs Per Month$893

38118 Education Statistics

  • No High School9%
  • Some High School53%
  • Some College25%
  • Associate Degree5%
  • Bachelor Degree7%
  • Graduate Degree2%

RENTCafé is your one-stop shop for finding a great new apartment in the 38118 zip code. Easily search through a wide selection of apartments for rent in 38118, 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 38118 start at $540. Browse apartment listings in 38118 and submit your rental application today!