
Cheap Homes for Rent in the 38118 ZIP Code of Memphis, TN from $300 (121 Rentals)Page 2 of 3
Search the lowest-cost Homes available for rent right now in the 38118 ZIP Code area of Memphis.


2825 Sonora Dr

3156 Clarendon Rd

2782 Mojave Pl

4498 Wooddale Ave

4558 Almo Ave

5833 S Newberry Ln

2980 Cordell St

2980 Cordell St

5555 Blossom Ln
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.

5584 Blossom Ln

5010 Rossi Cove

5129 Kittie Lee Ln

3199 Maple Hill Dr

3176 Beauchamp Dr

3008 Dearing Rd

1754 Danville Rd

3141 Arrendale St

3199 Morningview Dr

1755 Cornelia Ln
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.

4555 Willow Rd

3869 Camelia Cove

3645 Brompton Rd

1898 Capri Rd

4415 Jamaica Ave

3016 Croley Dr

4071 Kenosha Rd

3821 Oak Lake Ln

5996 Parktree Cove

5711 Fenway Dr

4479 Shadow Creek St

3034 Clarendon Rd

2868 Summerhurst St

1837 Danville Rd

3512 Chevron Cove

3512 Chevron Cove

4368 Burnette Pl

4368 Burnette Pl

3243 Holly Berry Dr

4393 Cottonwood Rd

5833 S Newberry Ln

3199 Gina Dr

4910 Cloister Ave

5825 Plum Valley Dr

3347 Clearbrook St

5011 Tradewind Terrace

5230 Bucksport Ln

5230 Bucksport Ln

4094 Berrybrook Cove

4458 Medley Ln
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
38118 2 Bedroom Homes for Rent | $900 | $700 | $1,450 |
38118 3 Bedroom Homes for Rent | $1,049 | $815 | $1,550 |
38118 4 Bedroom Homes for Rent | $1,460 | $1,460 | $1,460 |
Browse Homes for Rent in the 38118 Zip Code of Memphis
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Frequently Asked Questions about the 38118 ZIP Code
How much are larger Three and Four Bedroom Rentals in 38118?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 38118 range from $759 to $4,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $815 to $1,550. Four Bedroom Single-Family rentals are also available starting from $1,460 and Four Bedroom Apartments start at $599.
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.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.