
Cheap Homes for Rent in the 38116 ZIP Code of Memphis, TN from $300 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the 38116 ZIP Code area of Memphis.


722 Lydgate Rd

5244 Bradcliff St

4959 Shayne Ln

655 Granada Rd

5219 Apollo St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4644 Huckleberry Cove

1311 Marlin Rd

3308 E Rosita Cir

4917 Lochinvar Rd

Welcome to 5283 Millbranch Road!

4056 Grantham Rd
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.

5265 Chatfield Dr

4628 Windward Dr

1268 Staunton Dr

470 Dreger Rd

523 Shofner Ave

5437 Haleville Rd
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

3226 Dogwood Ln

1725 Prado Ave

3635 W Big Bend Dr

3268 E Rosita Cir

4760 Woodridge Dr

1620 Hester Rd
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.

4801 Dianne Dr

3806 Blue Jay Rd
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 | $928 | $625 | $1,350 |
| 38116 3 Bedroom Homes for Rent | $1,078 | $825 | $1,509 |
| 38116 4 Bedroom Homes for Rent | $1,137 | $1,014 | $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 $675 to $6,717, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $1,509. Four Bedroom Single-Family rentals are also available starting from $1,014 and Four Bedroom Apartments start at $650.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.