
Cheap Homes for Rent in the 38111 ZIP Code of Memphis, TN from $300 (114 Rentals)Page 2 of 3
Search the lowest-cost Homes available for rent right now in the 38111 ZIP Code area of Memphis.


1734 Wildrose St

599 Houston St

3666 Douglass Ave

2961 Southwall St

694 S Greer St

696 S Greer St

3481 Dunn Ave

3047 Carnes Ave

3800 Philsdale Ave
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

3049 Carnes Ave

2984 Waverly Ave

3507 Kimball Ave

3061 Seminole Rd

2692 Select Ave

297 Eastview St

3494 Dunn Ave

4243 Vann Ave

3723 Wilshire Rd

425 Carpenter St
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

983 Brower St

2855 Choctaw Ave

2853 Choctaw Ave

582 Watson St

1040 S Highland St

4315 Leatherwood Ave

4376 Willow Rd

964 Brower St

318 Red Oak St

2676 Central Terrace
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.

743 Shotwell St

3189 Yale Ave

4016 Rhodes Ave

905 Parkhaven Ln

1486 Patterson St

443 N Highland St

3239 Douglass Ave

631 S Graham St

3512 Wilshire Rd

3684 Marion 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.

1240 Robin Hood Ln

4120 Southlawn Ave

694 Hamilton St

3652 Carrington Rd

2668 Burns Ave

850 Baltimore St

938 Haynes St

300 Eastview St

705 S Graham St

581 Watson St
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 | $1,151 | $689 | $2,396 |
| 38111 3 Bedroom Homes for Rent | $1,289 | $650 | $3,045 |
| 38111 4 Bedroom Homes for Rent | $798 | $599 | $1,695 |
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 $650 to $4,029, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $3,045. 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.
Helpful Local Expert Guides

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

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.