
Cheap Apartments for Rent in the 38118 ZIP Code of Memphis, TN from $300 (127 Rentals)Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the 38118 ZIP Code area of Memphis.


3373 Dawnridge Dr

3514 Clearbrook St

5083 Applewood Dr

4701 Queens Lace Ct

3617 King James Cove

3235 Dorchester St

4748 Scottsdale Ave

5252 Scottsdale Ave

4022 Cochese Rd
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

5121 Ginger Cir

5194 Colewood Ave

3084 Greenbranch Dr

4400 Elmridge St

3460 Luzon Dr

2969 Danville Rd

4723 Wooddale Ave

4778 Daphne Rd

El Dorado

The Residences at Lakeview
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.

Pinetree Place Apartments

Emerald Park Apartments

Cedar Mill Apartments & Townhouses

Whispering Pines

Highland Meadows Apartments

Oakwood Meadows Estates

Cedar Run

Aspen Parc

Ridgeway Pines

Crossings at Fox Meadows
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.

Hickory Pointe

Emerald Pointe

Tranquility at Hickory Hill Senior Apartments

Autumn Ridge Apartments

Hickory Forest

Highland Hills

2961 Southwall St

Wilson Townhomes

3752 Cambridge Station Dr

2814 Los Gatos Ct, Unit 2814 ‘Los Gatos
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.

2796 Mojave Pl, Unit 171

1749 S Perkins Rd

2314 Pendleton St

5636 Maple Tree Dr

5055 Woodlark Ave

Ivy Chase Apartments

Coronado Manor

Cedar Creek Apartments

1677 Echles St

Crane Manor Apartments
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.
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 | $630 | $581 | $1,029 |
| 38118 1 Bedroom Apartments | $760 | $568 | $1,159 |
| 38118 2 Bedroom Apartments | $876 | $625 | $1,450 |
| 38118 3 Bedroom Apartments | $1,075 | $880 | $1,550 |
| 38118 4 Bedroom Apartments | $1,450 | $1,440 | $1,460 |
Browse Apartments in the 38118 Zip Code of Memphis
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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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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

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

Memphis, Tennessee: A Local Experts 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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.