Apartments for Rent with Specials in the 38116 ZIP Code of Memphis, TN (14 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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Holmes Pointe Apartments
Rent Specials
$875 - $950Special Offer
Specials Limited Time Only! Take advantage of our $500 Move-In Special PLUS lowered rental rates on select units! Now is the perfect time to
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Holmes Pointe Apartments

1594 E Holmes RdMemphis, TN 38116
Affordability
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Oakwood Meadows Estates
Rent Specials
$790 - $970Special Offer
Specials Limited time you can have your admin fee waived, a $199 move in rate, AND your pet deposit waived. Call Office for details.
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Oakwood Meadows Estates

4583 Airways BlvdMemphis, TN 38116
Pet Friendly
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  • Utilities Included
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Bridgeport Manor
Rent Specials
$799Special Offer
Specials Our NEWLY RENOVATED 2 bedrooms only $799 per month. The first month is only $499 and the deposit is only $250!!
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Bridgeport Manor

1368-1438 E Winchester RdMemphis, TN 38116
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  • Customer Reviewed
  • Utilities Included
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Sutton at Shelby
Rent Specials
$780 - $1,175Special Offer
Specials Call the office to see how you could qualify for rent specials AND discounted deposit!
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Sutton at Shelby

1760 Chancery StMemphis, TN 38116
Affordability
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  • Customer Reviewed
  • Matterport 3D Tour
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Creekside Meadows
Rent Specials
$608 - $1,628Special Offer
Specials Limited Time Move In Special - sign a lease by 11/1/2025 & move in by 11/15/2025 and receive up to 1 month free on select apartment
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Creekside Meadows

3471 W Briarpark DrMemphis, TN 38116
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  • 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
$750 - $850Special Offer
Specials Half off EVERYTHING! $25 App Fee $125 Admin Fee $150 Pet Fee (Plus $25 per animal, per month) $375 1 bedroom first month rent $425
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Highland Meadows Apartments

5001-5045 Airways BlvdMemphis, TN 38116
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  • Utilities Included
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Mill Creek Apartments
Rent Specials
$665 - $1,422Special Offer
Discounts Limited Time Move In Special - sign a lease by 11/1/2025 & move in by 11/15/2025, receive a half month free on select 2 bedroom ap
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Mill Creek Apartments

4537 Mill Stream DrMemphis, TN 38116
Affordability
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  • 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 admi
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Pinetree Place Apartments

2155 Green Grass CvMemphis, TN 38116
Affordability
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  • Utilities Included

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.

Frequently Asked Questions about the 38116 ZIP Code

How much are Studio apartments in 38116?

There are currently 15 Studio Apartments in 38116 with rent ranges from $567 to $1,169 with an average price of $664.

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 $598 to $997 with an average monthly rent of $719.

What does renting a Two Bedroom Apartment in 38116 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 38116 range from $712 to $1,494. Today's average rental price for Two Bedrooms here is $880.

How expensive are 38116 Three Bedroom Apartments?

There are currently 27 Three Bedroom Apartments listings available in 38116 on ApartmentHomeLiving.com. The pricing ranges from $884 to $1,628 - averaging $1,020 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.