Cheap Homes for Rent in the 38116 ZIP Code of Memphis, TN from $300 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the 38116 ZIP Code area of Memphis.

1407 Ferguson Rd

2573 E Don Krag Cir

1776 Victoria Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1413 Ferguson Rd

408 Braycliff Cove

4959 Shayne Ln

591 Brockwood Ave

4434 Whiteside St

1791 Grovehaven Cir

3935 Michael Rd

538 Whitestone Ave

3924 Cheryl Dr
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.

3935 Michael Rd

4891 Shayne Ln

1796 Kent Rd

1611 Buxton Rd

3338 E Rosita Cir

Spacious 3-Bedroom, 1-Bath Home for Rent!

4859 Haleville Rd

Fully Renovated 3BR/1BA Home
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.

1026 Linwood Rd

1202 Town and Country Dr

Spacious 3-Bedroom, 2-Bath Home for Rent!

4867 Haleville Rd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

5101 Haleville Rd

4801 Dianne Dr

5065 Dianne Dr
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
38116 2 Bedroom Homes for Rent | $955 | $659 | $1,778 |
38116 3 Bedroom Homes for Rent | $1,068 | $852 | $1,880 |
38116 4 Bedroom Homes for Rent | $1,014 | $952 | $1,178 |
Browse Homes for Rent in the 38116 Zip Code of Memphis
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Frequently Asked Questions about the 38116 ZIP Code
How much are larger Three and Four Bedroom Rentals in 38116?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 38116 range from $698 to $8,167, while Three Bedroom Homes, Condos, and Townhomes for rent range from $852 to $1,880. Four Bedroom Single-Family rentals are also available starting from $952 and Four Bedroom Apartments start at $549.
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.