
Cheap Apartments for Rent in the 38115 ZIP Code of Memphis, TN from $300 (108 Rentals)
Search the lowest-cost Apartments available for rent right now in the 38115 ZIP Code area of Memphis.


The Trails at Mt. Moriah

Emerald Park

Cedar Mill Apartments & Townhouses

The Residence Village Green

Lakes At Ridgeway

Stone Ridge at Germantown Falls

Edge at Lakeview

The District Apartments

Hickory Grove
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.

The Park at Hollyford

The Boulevard

The Parkway

The Brooklyn Memphis

The Local Apartments

The Bowery

Crossings at Fox Meadows

Hickory Pointe

Ridgeway Pines

Hickory Farms
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.

The Nova Apartments

Emerald Pointe

The Elevation at Autumn Ridge

Tranquility at Hickory Hill Senior Apartments

The Ellington at Kirby

Landings At Winchester

Autumn Ridge Apartments

Hickory Forest

Emerald Square

The Park at Paisley
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.

5584 Blossom Ln

5607 Maple Tree Dr

3752 Cambridge Station Dr

MONTICELLO

3736 Cambridge Station Dr

5833 S Newberry Ln

4094 Berrybrook Cove

5555 Blossom Ln

3833 Lucerne Dr

3881-3883 Jasmine Dr
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.

3574 Bishops Gate Dr

5668 Winter Tree Dr

6702 Valley Park Dr

Welcome to 5495 Emerald Hills Dr!

3708 Deer Crossing

5636 Maple Tree Dr

4001 Ganymede Cove

3000 Eagle Dr

Ivy Chase Apartments

Aspen Parc
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 38115?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38115 Studio Apartments | $611 | $581 | $1,055 |
| 38115 1 Bedroom Apartments | $881 | $617 | $2,554 |
| 38115 2 Bedroom Apartments | $1,036 | $736 | $3,085 |
| 38115 3 Bedroom Apartments | $1,173 | $865 | $1,598 |
| 38115 4 Bedroom Apartments | $1,199 | $1,199 | $1,199 |
Browse Apartments in the 38115 Zip Code of Memphis
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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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.