Pet Friendly Apartments for Rent in the 38116 ZIP Code of Memphis, TN Under $500 (2 Rentals)
Apartments for rent in the 38116 ZIP Code area of Memphis that love your dogs or cats as much as you do!
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
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 | $661 | $567 | $1,139 |
38116 1 Bedroom Apartments | $708 | $598 | $929 |
38116 2 Bedroom Apartments | $878 | $700 | $1,461 |
38116 3 Bedroom Apartments | $1,021 | $884 | $1,480 |
38116 4 Bedroom Apartments | $1,076 | $1,014 | $1,178 |
Explore Memphis

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 $1,139 with an average price of $661.
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 $929 with an average monthly rent of $708.
What does renting a Two Bedroom Apartment in 38116 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 38116 range from $700 to $1,461. Today's average rental price for Two Bedrooms here is $878.
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 $884 to $1,480 - averaging $1,021 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.

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

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.