
Apartments for Rent in the 38118 ZIP Code of Memphis, TN (210 Rentals)


Pinebrook Pointe

Getwell Pointe Apartments

Emerald Ridge Apartments

Twin Oaks

Woodlake Apartments

Shadowbrook Townhomes

Flairwood Apartments

3064 Cromwell Ave

2715 Cherry Rd, Unit 1249
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2715 Cherry Rd, Unit 2407

3274 Gaylord Ln

3823 Marston Rd

3702 Bishops Bridge Rd

3963 Kenosha Rd, Unit 289

3571 Castleman St

3646 King George Cove

3293 S Perkins Rd

5059 Applewood Dr

3069 Basswood St
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3729 Village Oak Cove

4400 Elmridge St

4450 Arnold Cove

4704 Wild Plum Ct

4701 Queens Lace Ct

4722 Queens Lace Ct

3120 Beauchamp Dr

4778 Daphne Rd

3344 Bestway Dr

4872 Burgess Cove
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3308 Burgess Dr

3139 S Edgeware Rd

3385 Barbwood Dr

3357 Barbwood Dr

4781 Townhouse Way

4723 Wooddale Ave

4534 Villagreen Dr

3021 Ashwood St

4771 Chuck Ave

3084 Greenbranch Dr
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3424 Boxdale St

4748 Scottsdale Ave

3052 Capri St

4289 Cottonwood Rd

3409 Clearbrook St

3056 Arrendale St

4828 Knight Arnold Rd

3256 Starsdale St

4022 Cochese Rd

2964 S Perkins Rd
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Memphis, TN Local Guide

How much does it cost to rent an apartment in 38118?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38118 Studio Apartments | $635 | $581 | $1,029 |
| 38118 1 Bedroom Apartments | $758 | $547 | $1,246 |
| 38118 2 Bedroom Apartments | $880 | $625 | $1,501 |
| 38118 3 Bedroom Apartments | $1,063 | $880 | $1,642 |
| 38118 4 Bedroom Apartments | $1,453 | $1,440 | $1,460 |
Browse Apartments in the 38118 Zip Code of Memphis
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Frequently Asked Questions about the 38118 ZIP Code
What is the current pricing and availability for apartments for rent in the 38118 ZIP Code?
As of today, August 08, 2026, there are currently 210 available 38118 apartments priced from $547 to $1,642, with an average monthly rent of $896.
How much are Studio apartments in 38118?
There are currently 11 Studio Apartments in 38118 with rent ranges from $581 to $1,029 with an average price of $635.
What is the current price range for One Bedroom 38118 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 38118 ranges from $547 to $1,246 with an average monthly rent of $758.
What does renting a Two Bedroom Apartment in 38118 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 38118 range from $625 to $1,501. Today's average rental price for Two Bedrooms here is $880.
How expensive are 38118 Three Bedroom Apartments?
There are currently 38 Three Bedroom Apartments listings available in 38118 on ApartmentHomeLiving.com. The pricing ranges from $880 to $1,642 - averaging $1,063 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.

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

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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.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.