Apartments for Rent with Specials in the 38118 ZIP Code of Memphis, TN (17 Rentals)

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Apartments in the 38118 ZIP Code area of Memphis with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.

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Twin Oaks
Rent Specials
$906 - $1,120Special Offer
Specials We have great prices for our homes! Call today!
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Twin Oaks

4819 Winchester Rd SMemphis, TN 38118
Affordability
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Cromwell Park Apartments
Rent Specials
$975 - $1,300Special Offer
Specials SPECIAL OFFER! CALL US FOR DETAILS! Total renovation on these beautiful homes. App Fee is FREE! Deposit is $250 for a limited time.
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Cromwell Park Apartments

3720 Outland RdMemphis, TN 38118
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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.

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Oakwood Meadows Estates
Rent Specials
$790 - $970Special Offer
Specials Limited time you can have your admin fee waived, a $199 move in rate, AND your pet deposit waived. Call Office for details.
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Oakwood Meadows Estates

4583 Airways BlvdMemphis, TN 38116
Pet Friendly
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Crossings at Fox Meadows
Rent Specials
$885 - $1,160Special Offer
Discounts $300 off your 1st month, $200 off your 2nd month, and $100 off your 3rd month! Talk with our office team to get your special!
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Crossings at Fox Meadows

2894 Putting Green CoveMemphis, TN 38115
Corporate Housing
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Highland Meadows Apartments
Rent Specials
$750 - $850Special Offer
Specials SPIN-TO-WIN MOVE-IN SPECIAL!! Sign a 12-month (or longer) lease & spin the wheel at lease signing to win one of the following: -Hal
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Highland Meadows Apartments

5001-5045 Airways BlvdMemphis, TN 38116
Corporate Housing
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  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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El Dorado
Rent Specials
$561 - $953Special Offer
Specials Limited Time Move In Special - apply & move in by 12/19/2025 and receive a half month free on a 12+ month lease term! Also, ask us
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El Dorado

2743 Ketchum RdMemphis, TN 38114
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Pinetree Place Apartments
Rent Specials
$625 - $775Special Offer
1 Month Free Want 1 month of free rent AND a little extra to help with your move? Call the office for details on how you could get your admi
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Pinetree Place Apartments

2155 Green Grass CvMemphis, TN 38116
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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.

Frequently Asked Questions about the 38118 ZIP Code

How much are Studio apartments in 38118?

There are currently 13 Studio Apartments in 38118 with rent ranges from $581 to $1,169 with an average price of $614.

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 $500 to $1,095 with an average monthly rent of $742.

What does renting a Two Bedroom Apartment in 38118 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 38118 range from $724 to $1,450. Today's average rental price for Two Bedrooms here is $902.

How expensive are 38118 Three Bedroom Apartments?

There are currently 36 Three Bedroom Apartments listings available in 38118 on ApartmentHomeLiving.com. The pricing ranges from $849 to $1,550 - averaging $1,047 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.

Articles, How-To's, and Tips

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!