Apartments for Rent with Specials in the 38118 ZIP Code of Memphis, TN (12 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
$908 - $1,033Special Offer
Specials We have great prices for our homes! Call today!
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Twin Oaks

4819 Winchester Rd SMemphis, TN 38118
Cost Per Sq.Ft.
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  • Utilities Included
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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
Affordability
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  • Customer Reviewed
  • Utilities Included
property at 4442 Old Quarry Rd

$1,060

Total Monthly Price

Total Monthly Price

Base Rent
$1,060

Total Monthly Price
$1,060

3 Bedroom, 1 Bath Rentals

Available Now

4442 Old Quarry Rd

MemphisTN38118
property at 3045 Beauchamp Dr

$1,420

Total Monthly Price

Total Monthly Price

Base Rent
$1,420

Total Monthly Price
$1,420

4 Bedroom, 2 Bath Rentals

Available Now

3045 Beauchamp Dr

MemphisTN38118

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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El Dorado
Rent Specials
$556 - $948Special Offer
Specials Limited Time Move In Special - sign a lease & move in by 3/2/2026 and receive a half month free on a 12+ month lease term! Also, as
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El Dorado

2743 Ketchum RdMemphis, TN 38114
Affordability
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  • Utilities Included
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property at 5622 Clarke Address

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 2.5 Bath Condo for Rent

Available Mar 1

5622 Clarke Address

MemphisTN38115
property at 5833 S Newberry Ln

$1,215

Total Monthly Price

Total Monthly Price

Base Rent
$1,215

Total Monthly Price
$1,215

3 Bedroom, 2 Bath Rentals

Available Now

5833 S Newberry Ln

MemphisTN38115

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 12 Studio Apartments in 38118 with rent ranges from $581 to $1,169 with an average price of $617.

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 $556 to $1,095 with an average monthly rent of $744.

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 $1,450. Today's average rental price for Two Bedrooms here is $888.

How expensive are 38118 Three Bedroom Apartments?

There are currently 39 Three Bedroom Apartments listings available in 38118 on ApartmentHomeLiving.com. The pricing ranges from $815 to $1,550 - averaging $1,059 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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.