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


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

Total Monthly Price
Holmes Pointe Apartments

Faronia Square

Creekside Meadows
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.

Highland Meadows Apartments

Mill Creek Apartments

Bantam Springbrook Apartments

Pinetree Place Apartments

3804 Cazassa Rd
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.
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 | $635 | $547 | $750 |
| 38116 1 Bedroom Apartments | $710 | $582 | $905 |
| 38116 2 Bedroom Apartments | $922 | $625 | $1,350 |
| 38116 3 Bedroom Apartments | $1,065 | $800 | $1,280 |
| 38116 4 Bedroom Apartments | $1,119 | $1,014 | $1,600 |
Browse Apartments in the 38116 Zip Code of Memphis
Explore Memphis

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

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.