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Apartments for Rent in 38118, TN - 86 Rentals available

  • Home in Parkway Village
    4982 Melanie, Memphis, TN 38118
    $1,215
    • 4 Beds
    • 2 Baths
    Available Today!
    (844) 395-3959
  • Home in Parkway Village
    5060 Flanders, Memphis, TN 38118
    $965
    • 3 Beds
    • 1 Bath
    Available Today!
    (844) 395-3959
  • Home in Parkway Village
    3383 Sunnyfield Cove, Memphis, TN 38118
    $645
    • 2 Beds
    • 1 Bath
    Available Today!
    (844) 395-3959
  • Home in Oakhaven
    3161 Beauchamp Drive, Memphis, TN 38118
    $995
    • 3 Beds
    • 2 Baths
    Available Today!
    (844) 395-3959
  • Home in Parkway Village
    4618 Aloha Avenue, Memphis, TN 38118
    $935
    • 3 Beds
    • 2 Baths
    Available Today!
    (844) 395-3959
  • Home in Oakhaven
    3133 Golden Oaks, Memphis, TN 38118
    $860
    • 3 Beds
    • 2 Baths
    Available Today!
    (844) 395-3959
  • Home in Parkway Village
    3104 Bluffdale St, Memphis, TN 38118
    $895
    • 3 Beds
    • 2 Baths
    Available Today!
    (844) 395-3959
  • Home in Parkway Village
    3622 King James Cove, Memphis, TN 38118
    $925
    • 3 Beds
    • 2 Baths
    Available Today!
    (844) 395-3959
  • Home in Parkway Village
    4100 Chippewa Rd, Memphis, TN 38118
    $895
    • 3 Beds
    • 1 Bath
    (901) 334-1850
  • Home in Parkway Village
    4968 Judy Lynn Ave, Memphis, TN 38118
    $945
    • 3 Beds
    • 1.5 Baths
    (901) 334-1850
  • Home in Parkway Village
    3707 Clearbrook St, Memphis, TN 38118
    $1,175
    • 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
  • Home in Parkway Village
    3190 BOXDALE ST, Memphis, TN 38118
    $950
    • 3 Beds
    • 2 Baths
    (901) 758-5678
  • Home in Oakhaven
    5262 Sunray Dr, Memphis, TN 38118
    $995
    • 3 Beds
    • 2 Baths
    (901) 334-1850
  • Home in Parkway Village
    4187 Arrowhead Road, Memphis, TN 38118
    $800
    • 3 Beds
    • 1 Bath
    (800) 682-8926
  • Home in Oakhaven
    3243 Holly Berry Dr, Memphis, TN 38118
    $945
    • 4 Beds
    • 2 Baths
    (901) 334-1850
  • Apartment in Parkway Village
    3541 Mediterranean Dr, Memphis, TN 38118

38118 Demographics

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

Average Rent in 38118

  • 38118 Average Rental Price, August, 2018$553/mo
  • Studio$397
  • 1 Bedroom$471
  • 2 Bedrooms$553
  • Studio$626
  • 1 Bedroom$716
  • 2 Bedroom$771

38118 Apartment Rent Ranges

  • < $50031%
  • $501-$70064%
  • $701-$1,0005%

38118 Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Aug / 2018 $553 $397 $471 $553
Jan / 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
/

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!