
Cheap Homes for Rent in the 38111 ZIP Code of Memphis, TN from $300 (162 Rentals)
Search the lowest-cost Homes available for rent right now in the 38111 ZIP Code area of Memphis.


3042 McAdoo Ave

3885 Spottswood Ave

3381 Walnut Grove Rd

3121 Douglass Ave

1297 S Prescott St

635 S Prescott St

2966 Yale Ave

1623 Harville St

3381 Walnut Grove Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

3181 Radford Rd

692 Tiger Estates Dr

2766 Union Ave

3563 Southern Ave, Unit 21

802 Baltimore St

2723 Filmore Ave

2766 Union Ave

2766 Union Ave

2766 Union Ave

3381 Walnut Grove Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

2917 Yale Ave

2859 Nathan Ave

3700 Carnes Ave

673 S Greer St

732 S Greer St

3221 Choctaw Ave

3219 Choctaw Ave

3518 Hendricks Ave

3336 Southern Ave

677 Buntyn St
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

2766 Union Ave

3381 Walnut Grove Rd

2601 Kenner Ave

3659 Kimball Ave

2970 Hale Ave

2766 Union Ave

2766 Union Ave

3089 Waynoka Ave

2766 Union Ave

2603 Carnes Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1711 Coleen Rd

1108 S Greer St

1493 Rebecca St

2709 Henley Dr

605 Patterson St

605 Patterson St

3381 Walnut Grove Rd

2716 Deadrick Ave

108 N Greer St

3117 Yale Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38111 2 Bedroom Homes for Rent | $1,219 | $650 | $1,993 |
| 38111 3 Bedroom Homes for Rent | $1,708 | $759 | $3,235 |
| 38111 4 Bedroom Homes for Rent | $1,242 | $599 | $2,200 |
Browse Homes for Rent in the 38111 Zip Code of Memphis
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Frequently Asked Questions about the 38111 ZIP Code
How much are larger Three and Four Bedroom Rentals in 38111?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 38111 range from $675 to $6,515, while Three Bedroom Homes, Condos, and Townhomes for rent range from $759 to $3,235. Four Bedroom Single-Family rentals are also available starting from $599 and Four Bedroom Apartments start at $599.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.