Apartments for Rent in the 38116 ZIP Code of Memphis, TN (112 Rentals)Page 3 of 3

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2 Bedroom Apartments

353 Dreger Rd

353 Dreger RdMemphis, TN 38109

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Studio Apartments

9154-9212 Lochinvar Dr

9154-9212 Lochinvar DrSouthaven, MS 38671

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Studio Apartments

1124-1140 Town And Country Dr

1124-1140 Town And Country DrSouthaven, MS 38671

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Studio Apartments

9157-9209 Lock Lomond Dr

9157-9209 Lock Lomond DrSouthaven, MS 38671

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Studio Apartments

1347 Ferguson Rd

1347 Ferguson RdMemphis, TN 38106

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1 Bedroom Apartments

2639 Ferguson Rd

2639 Ferguson RdMemphis, TN 38106

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1 to 2 Bedroom Apartments

Edgewood Mobile Home And Rv Park

1320 Ferguson StMemphis, TN 38106

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2 Bedroom Apartments

2554 Hernando St

2554 Hernando StMemphis, TN 38106

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1 to 4 Bedroom Apartments

Gospel Gardens

4801 Farris CirMemphis, TN 38109

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2 to 3 Bedroom Apartments

Fairway

5150 Tulane RdMemphis, TN 38109

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Studio to 2 Bedroom Apartments

Bantam Apartments

2949 Airways BlvdMemphis, TN 38131

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1 to 4 Bedroom Apartments

Warren Apartments

1340 Clementine RdMemphis, TN 38106

Showing Results 101-112, Page 3 of 3

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	$667	$547	$750
38116 1 Bedroom Apartments	$727	$598	$1,055
38116 2 Bedroom Apartments	$923	$625	$1,350
38116 3 Bedroom Apartments	$1,040	$849	$1,600
38116 4 Bedroom Apartments	$1,086	$1,014	$1,450

Browse Apartments in the 38116 Zip Code of Memphis

Frequently Asked Questions about the 38116 ZIP Code

What is the current pricing and availability for apartments for rent in the 38116 ZIP Code?

As of today, September 14, 2026, there are currently 112 available 38116 apartments priced from $547 to $1,600, with an average monthly rent of $904.

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 $667.

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 $1,055 with an average monthly rent of $727.

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 $923.

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 $849 to $1,600 - averaging $1,040 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.

Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Written by: Joshua Carlucci

Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.