
Cheap Homes for Rent in the 38111 ZIP Code of Memphis, TN from $300 (113 Rentals)Page 2 of 3
Search the lowest-cost Homes available for rent right now in the 38111 ZIP Code area of Memphis.


1074 E Walthal Cir

3723 Wilshire Rd

3049 Carnes Ave

761 Goodwyn St

3725 Philsdale Ave

425 Carpenter St

641 S Greer St

3507 Kimball Ave

4315 Leatherwood Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

4376 Willow Rd

1070 E Walthal Cir

609 Houston St

4243 Vann Ave

1195 Woodbury Rd

769 Hilton St

3477 Kimball Ave

582 Watson St

3800 Marion Ave

964 Brower St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2314 Pendleton St

4016 Rhodes Ave

2314 Pendleton St

3209 Choctaw Ave

1240 Robin Hood Ln

3652 Carrington Rd

1223 Inman Cove

3237 Harris Ave

3554 Venable Rd

1486 Patterson St
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.

2766 Smith Haven Dr

1446 Alamo St

694 Hamilton St

938 Haynes St

850 Baltimore St

2668 Burns Ave

1445 Robin Hood Ln

3533 Marion Ave

3305 Hendricks Ave

3643 Douglass Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

3766 Friar Tuck Rd

3734 Kearney Ave

2889 Montague Ave

3827 Wilshire Rd

760 Hanley St

1311 Parkland Rd

376 N Graham St

2904 Barron Ave

3800 E Mallory Ave

967 Little John 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.
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 | $1,160 | $665 | $2,089 |
| 38111 3 Bedroom Homes for Rent | $1,429 | $550 | $3,392 |
| 38111 4 Bedroom Homes for Rent | $624 | $550 | $1,550 |
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 $550 to $4,137, while Three Bedroom Homes, Condos, and Townhomes for rent range from $550 to $3,392. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $550.
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

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
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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.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.