
Apartments for Rent in the 38116 ZIP Code of Memphis, TN Under $1,500 (89 Rentals)Page 2 of 2


835 Candace Dr

837 Candace Dr

4784 Fairley Rd

4344 Walnut Hill Dr

4951 Shayne Ln

523 Shofner Ave

4613 White Fox St

344 Clower Rd

4628 Windward Dr

4900 Berta Rd

4383 Alice Dr

655 Granada Rd

Furnished Studio-Memphis - Airport

580 Parkdale Dr

4959 Shayne Ln

1379 Ferguson Rd

1407 Ferguson 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 | $660 | $567 | $1,169 |
| 38116 1 Bedroom Apartments | $752 | $598 | $905 |
| 38116 2 Bedroom Apartments | $905 | $751 | $1,366 |
| 38116 3 Bedroom Apartments | $1,036 | $900 | $1,280 |
| 38116 4 Bedroom Apartments | $1,153 | $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 15 Studio Apartments in 38116 with rent ranges from $567 to $1,169 with an average price of $660.
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 $905 with an average monthly rent of $752.
What does renting a Two Bedroom Apartment in 38116 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 38116 range from $751 to $1,366. Today's average rental price for Two Bedrooms here is $905.
How expensive are 38116 Three Bedroom Apartments?
There are currently 28 Three Bedroom Apartments listings available in 38116 on ApartmentHomeLiving.com. The pricing ranges from $900 to $1,280 - averaging $1,036 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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




















