Apartments for Rent in the 38118 ZIP Code of Memphis, TN Under $1,500 (124 Rentals)

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property at 4798 Chuck Ave

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Total Monthly Price
$1,475

4 Bedroom, 2 Bath Rentals

Available Now

4798 Chuck Ave

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.

Read Article
property at 3476 Meier Dr

$1,385

Total Monthly Price

Total Monthly Price

Base Rent
$1,385
Total Monthly Price
$1,385

3 Bedroom, 2 Bath Rentals

Available Now

3476 Meier Dr

MemphisTN38118

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.

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property at 4547 Almo Ave

$1,315

Total Monthly Price

Total Monthly Price

Base Rent
$1,315
Total Monthly Price
$1,315

3 Bedroom, 1 Bath Rentals

Available Now

4547 Almo Ave

MemphisTN38118
property at 5059 Applewood Dr

$1,315

Total Monthly Price

Total Monthly Price

Base Rent
$1,315
Total Monthly Price
$1,315

3 Bedroom, 2 Bath Rentals

Available Mar 28

5059 Applewood Dr

MemphisTN38118
property at 3556 Christine Rd

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

3556 Christine Rd

MemphisTN38118

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.

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property at 3653 Elm Park Rd

$1,220

Total Monthly Price

Total Monthly Price

Base Rent
$1,220
Total Monthly Price
$1,220

3 Bedroom, 1 Bath Rentals

Available May 2

3653 Elm Park Rd

MemphisTN38118
property at 4877 Brentdale Ave

$1,210

Total Monthly Price

Total Monthly Price

Base Rent
$1,210
Total Monthly Price
$1,210

3 Bedroom, 2 Bath Rentals

Available Apr 21

4877 Brentdale Ave

MemphisTN38118
property at 3009 Carvel St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

3 Bedroom, 1.1 Bath Rentals

Available Apr 6

3009 Carvel St

MemphisTN38118

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 3065 Brisdane St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,013
Required Monthly Fees
$12
Total Monthly Price
$1,025

3 Bedroom, 1 Bath Rentals

Available Now

3065 Brisdane St

MemphisTN38118
property at 2988 Danville Rd

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,013
Required Monthly Fees
$12
Total Monthly Price
$1,025

3 Bedroom, 1 Bath Rentals

Available Now

2988 Danville Rd

MemphisTN38118
Showing Results 1-50, Page 1 of 3

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 $1,649 with an average price of $637.

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 $582 to $1,095 with an average monthly rent of $747.

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 $892.

How expensive are 38118 Three Bedroom Apartments?

There are currently 38 Three Bedroom Apartments listings available in 38118 on ApartmentHomeLiving.com. The pricing ranges from $815 to $1,550 - averaging $1,060 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.