
Apartments for Rent in the 38116 ZIP Code of Memphis, TN (112 Rentals)


Emberly (NEW)

Graceland Flats – Modern Living in the Heart of Whitehaven

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TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr!

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Graceland Pointe Apartments: Modern Style, Excellent Value in Memphis

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Holmes Pointe Apartments

Oakwood Meadows Estates

Sunrise Terrace Apartments

Sutton at Shelby

Hunter Oaks Apartments
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.

Colonial Village Apartments

Chambliss Village Townhomes

Mill Creek Apartments

Faronia Square

Creekside Meadows

Winchester Grove

Highland Meadows Apartments

1791 Whitman Rd

Wilson Crossing Townhomes: Your Spacious, Two-Story Home in Whitehaven, Memphis!

Bantam Springbrook Apartments
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.

Pinetree Place Apartments

1137 Whitaker Dr, Unit Garden View - 2 Bedroom

1137 Whitaker Dr, Unit Garden View - 1 Bedroom

1857 E Holmes Rd

981 Blanchard Rd

4896 Lochinvar Dr

1951 Ponderosa Ave

4253 Balboa Cir

5572 Lochinvar Dr

1456 E Raines Rd
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.

1382 Janis Dr

1316 E Raines Rd

4057 Faronia Dr

1381 Laudeen Dr

4760 Woodridge Dr

1102 Whitaker Cove

3801 Blue Jay Rd

3804 Cazassa Rd

895 Mosby Rd

4611 Boeingshire Dr
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

4051 Auburn Rd

1251 Singing Trees Dr

4898 Dianne Dr

722 Lydgate Rd

5227 Marynelle St

5080 Boeingshire Dr

5266 Whiteplains Cove

1996 Argosy Dr

3226 Dogwood Ln

1740 Winfield Rd
Memphis, TN Local Guide

How much does it cost to rent an apartment in 38116?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38116 Studio Apartments | $645 | $547 | $750 |
| 38116 1 Bedroom Apartments | $713 | $574 | $905 |
| 38116 2 Bedroom Apartments | $926 | $625 | $1,350 |
| 38116 3 Bedroom Apartments | $1,057 | $825 | $1,280 |
| 38116 4 Bedroom Apartments | $1,094 | $1,014 | $1,178 |
Browse Apartments in the 38116 Zip Code of Memphis
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Frequently Asked Questions about the 38116 ZIP Code
How much are Studio apartments in 38116?
There are currently 14 Studio Apartments in 38116 with rent ranges from $547 to $750 with an average price of $645.
What is the current price range for One Bedroom 38116 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 38116 ranges from $574 to $905 with an average monthly rent of $713.
What does renting a Two Bedroom Apartment in 38116 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 38116 range from $625 to $1,350. Today's average rental price for Two Bedrooms here is $926.
How expensive are 38116 Three Bedroom Apartments?
There are currently 26 Three Bedroom Apartments listings available in 38116 on ApartmentHomeLiving.com. The pricing ranges from $825 to $1,280 - averaging $1,057 for the location.
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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.