
Apartments for Rent in the 38116 ZIP Code of Memphis, TN Under $600 (5 Rentals)

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.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $709 | $577 | $1,559 |
38116 1 Bedroom Apartments | $817 | $617 | $1,291 |
38116 2 Bedroom Apartments | $953 | $680 | $1,595 |
38116 3 Bedroom Apartments | $1,102 | $852 | $1,790 |
38116 4 Bedroom Apartments | $1,014 | $952 | $1,765 |
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 5 Studio Apartments in 38116 with rent ranges from $577 to $1,559 with an average price of $709.
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 $617 to $1,291 with an average monthly rent of $817.
What does renting a Two Bedroom Apartment in 38116 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 38116 range from $680 to $1,595. Today's average rental price for Two Bedrooms here is $953.
How expensive are 38116 Three Bedroom Apartments?
There are currently 21 Three Bedroom Apartments listings available in 38116 on ApartmentHomeLiving.com. The pricing ranges from $852 to $1,790 - averaging $1,102 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.