Apartments for Rent with Specials in the 38118 ZIP Code of Memphis, TN (15 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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Azure Place Apartments
Rent Specials
$855 - $1,460Special Offer
Specials Waived application and admin fees upon approval + Preferred Employer Discounts. Limited Time Only.
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Azure Place Apartments

3896 Chippewa RdMemphis, TN 38118
Outdoors
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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
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  • Customer Reviewed
  • 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
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  • Utilities Included

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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  • Utilities Included
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El Dorado
Rent Specials
$569 - $1,038Special Offer
Specials Limited Time Move In Special - apply & move in by 11/21/2025 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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Highland Meadows Apartments
Rent Specials
$750 - $850Special Offer
Specials Half off EVERYTHING! $25 App Fee $125 Admin Fee $150 Pet Fee (Plus $25 per animal, per month) $375 1 bedroom first month rent $425
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Highland Meadows Apartments

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

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 $613.

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 $569 to $1,095 with an average monthly rent of $751.

What does renting a Two Bedroom Apartment in 38118 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 38118 range from $697 to $1,450. Today's average rental price for Two Bedrooms here is $905.

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 $1,071 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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 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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.