
Cheap Apartments for Rent in the 38118 ZIP Code of Memphis, TN from $300 (146 Rentals)Page 3 of 3
Search the lowest-cost Apartments available for rent right now in the 38118 ZIP Code area of Memphis.


Airways

Bantam Apartments

Oakwood Meadows Estates

Grainge Hill Apartments

5263 Flowering Peach Dr

5712 Los Gatos Dr

3771 Ironwood Dr

3744 Cambridge Station Dr

2601 Kenner Ave
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.

2827 Sonora Dr

1734 Wildrose St

3614 Mary Cove

5546 Apple Blossom Dr

5656 Encino Cove

5655 Myers Rd

1771 Wildrose St

3249-3213 13 Colony Mall

3232-3213 13 Colony Mall

3247-3213 13 Colony Mall
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.

3207-3213 13 Colony Mall

Highland Hills

6007 Hickory Cove

5440 Flowering Peach Dr

4206 Cedartree Dr

1841 S Perkins Rd

1857 S Perkins Rd

1802 Dorrie Ln

1730 Tahiti Ln

1789 Danville Rd

5656 San Mateo Cove

4230 Cedartree Dr

1787 S Perkins Rd

4396 Forest Valley Cove

1711 Myrna Ln

3748 Cambridge Station Dr

3800 E Mallory Ave

6022 Harvest Moon Cove

6010 Valleydale Dr

4672 Willow Rd

5573 Tulip Tree Dr

2801 Alvin Ave

1802 Cornelia Ln

1871 Cornelia Ln

1693 S Perkins Rd

4348 Jardin Place Cove
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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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.
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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.

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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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.