
Cheap Homes for Rent in the 38117 ZIP Code of Memphis, TN from $300 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the 38117 ZIP Code area of Memphis.


1586 Gilson Rd

4315 Leatherwood Ave

1857 S Perkins Rd

4243 Vann Ave
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

1802 Dorrie Ln

4078 Dunn Ave

1654 Dearing Rd

1461 Woodston Rd

4479 Jamaica Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1693 S Perkins Rd

4678 Chip Rd

4497 Quince Rd

4550 Quince Rd

554 Sandridge St
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

750 Shotwell St

4762 Verne Rd
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38117 2 Bedroom Homes for Rent | $1,105 | $750 | $3,338 |
| 38117 3 Bedroom Homes for Rent | $1,286 | $875 | $3,353 |
| 38117 4 Bedroom Homes for Rent | $2,620 | $2,620 | $2,620 |
Browse Homes for Rent in the 38117 Zip Code of Memphis
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Frequently Asked Questions about the 38117 ZIP Code
How much are larger Three and Four Bedroom Rentals in 38117?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 38117 range from $575 to $4,109, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $3,353. Four Bedroom Single-Family rentals are also available starting from $2,620 and Four Bedroom Apartments start at $550.
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.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.