Apartments for Rent with Specials in the 38116 ZIP Code of Memphis, TN (10 Rentals)

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Apartments in the 38116 ZIP Code area of Memphis with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.

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Creekside Meadows
Rent Specials
$582 - $1,119Special Offer
Specials Limited Time Move In Special - sign a lease & move in by 5/1/2026, receive a half month free on select 2 bedroom and 3 bedroom apar
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Creekside Meadows

3471 W Briarpark DrMemphis, TN 38116
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Highland Meadows Apartments
Rent Specials
$775 - $875Special Offer
Specials SPIN-TO-WIN MOVE-IN SPECIAL!! Sign a 12-month (or longer) lease & spin the wheel at lease signing to win one of the following: -Hal
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Highland Meadows Apartments

5001-5045 Airways BlvdMemphis, TN 38116
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Mill Creek Apartments
Rent Specials
$630 - $1,056Special Offer
Specials Ask us about our reduced security deposits starting at $500 for a limited time! *Move in for less with our Flex partnership! Pay on
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Mill Creek Apartments

4537 Mill Stream DrMemphis, TN 38116
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Low Income
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Pinetree Place Apartments
Rent Specials
$625 - $775Special Offer
1 Month Free Want 1 month of free rent AND a little extra to help with your move? Call the office for details on how you could get your appl
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Pinetree Place Apartments

2155 Green Grass CvMemphis, TN 38116
Cost Per Sq.Ft.
  • Verified
  • Utilities Included

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.

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 $635.

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 $582 to $905 with an average monthly rent of $710.

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 $922.

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 $800 to $1,280 - averaging $1,065 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

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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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.

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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.

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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.