How Much Apartment Space Can You Get for $1,700 in Memphis?

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When it comes to renting, budget-conscious apartment hunters are always on the lookout for the best deals that offer ample apartment space without breaking the bank. Many renters are keen to maximize their living space within a budget that is close to the national average rent of $1,700 per month. For this amount, renters usually get around 944 square feet, but the numbers can vary extensively depending on the region, city and … even zip code.

Memphis, TN, is known for its rich musical heritage, delicious barbecue, and warm southern hospitality. This city offers renters the opportunity to enjoy more apartment space without stretching their budget. Memphis has some hidden gems where you can get more elbow room for your money.

Let’s explore the apartment landscape in Memphis and reveal four zip codes where you can secure a generous amount of apartment space for a $1,700 monthly budget. Whether you’re a local or a renter considering relocating to this mesmerizing city, this guide will help you get some insights into what it means to rent in this city.

Without further ado, here’s a selection of Memphis zip codes where you can secure more apartment space than the national average for $1,700 per month:

  • zip code 38128 – 1,809 square feet
  • zip code 38107 – 1,772 square feet
  • zip code 38115 – 1,638 square feet
  • zip code 38134 – 1,623 square feet

Zip code 38128 offers twice as much apartment space as the national average

In zip code 38128, renters can find affordable space without compromising on size. Specifically, $1,700 per month can secure a generous 1,809 square feet of living area, ensuring a comfortable and roomy experience for renters. The neighborhoods of Frayser and Raleigh within this zip code provide plenty of rentals to choose from.

Selecting 38128 as your rental destination allows you to enjoy affordability and ample space. Those renting here are a mix of families, students, and retirees, fostering a sense of community and diversity. Moreover, you’ll have easy access to the Mississippi River Greenbelt Park for outdoor leisure and local dining options to satisfy your culinary cravings. Whether you prefer nature outings or dining adventures, zip code 38128 offers a well-rounded living experience.

Renters will appreciate the extra apartment space in zip code 38107

A bit further to the west, in zip code 38107, you’ll find a true haven for space-conscious renters. Here, you can get an impressive 1,772 square feet for $1,700 per month, which makes 38107 a top choice for those who crave roominess. This zip code encompasses neighborhoods like Vollintine-Evergreen and Klondike-Smokey City. When it comes to being a good renting spot in Memphis, 38107 shines as an option that offers ample apartment space within a reasonable budget.

Residents in this zip code range from families to young professionals and artists, making up a vivid community. Additionally, you’ll be close to a variety of amenities and attractions, including the renowned Memphis Zoo, Overton Park, and numerous cultural hotspots. Whether you’re an art enthusiast or a nature lover, 38107 provides a mix of opportunities for you to explore and enjoy.

Apartment hunters get more room in zip code 38115

In zip code 38115, southwest of Memphis, spacious living awaits those who seek more elbow room without exceeding their $1,700 monthly budget. For this amount, you can secure 1,638 square feet of space in the area, making it the perfect choice for individuals and families who require extra room. Neighborhoods like Southwind and Hickory Hill offer rental opportunities to fit various needs, ensuring you’ll find a place that suits your preferences.

Families and working professionals feel at home in zip code 38115, contributing to a friendly and welcoming community. Golf lovers will appreciate the public golf course nearby, while foodies might be eager to try the local dining scene, which caters to various tastes.

Zip code 38134 comes with more apartment space and a community feel

To the north, zip code 38134 should be on your radar. Here, a monthly rent budget of $1,700 will get you 1,623 square feet of living space, which is about 700 square feet more than the national average. This is plenty of room to create a welcoming home. The neighborhoods of Raleigh and Bartlett within this zip code offer a variety of rental options to suit your needs.

The community in this area includes working families and young adults, with local shops and small businesses to serve their needs. From here, you can easily get to the Wolfchase Galleria for shopping and Shelby Farms Park for outdoor activities.

Memphis offers a range of zip codes that cater to renters looking for spacious apartments within a $1,700 monthly budget. These areas provide an opportunity to secure more apartment space than the national average, making them attractive options for those seeking roominess without breaking the bank. Whether you’re a music lover, barbecue enthusiast, or simply looking for a new place to call home, there’s a good chance you’ll find that extra room in Memphis without stretching your budget.

So, as you embark on your apartment search journey, consider these zip codes in Memphis, and explore the diverse neighborhoods, amenities and attractions they have to offer.

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Alexandra Both is a senior real estate writer and research analyst with RentCafe. She brings over almost 10 years of real estate writing experience, having served as a senior editor at Commercial Property Executive and Multi-Housing News. A seasoned journalist, Alexandra has worked across print, online, and broadcast media. Her work has been featured in a variety of prominent outlets, including The New York Times, The Guardian, USA Today, and Architectural Digest. She holds a B.A. in Journalism and an M.A. in Community Development.

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