Cheap Homes for Rent in the 38118 ZIP Code of Memphis, TN from $300 (139 Rentals)Page 3 of 3

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in the 38118 ZIP Code area of Memphis.

property at 4387 Cottonwood Rd

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,338
Required Monthly Fees
$12

Total Monthly Price
$1,350

3 Bedroom, 1 Bath Rentals

Available Now

4387 Cottonwood Rd

MemphisTN38118
property at 5837 Hickory Greene Dr

$1,390

Total Monthly Price

Total Monthly Price

Base Rent
$1,390

Total Monthly Price
$1,390

3 Bedroom, 2 Bath Rentals

Available Mar 21

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
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
property at 5674 Ballenmoor Dr

$1,480

Total Monthly Price

Total Monthly Price

Base Rent
$1,480

Total Monthly Price
$1,480

3 Bedroom, 2 Bath Rentals

Available Mar 17

5674 Ballenmoor Dr

MemphisTN38141

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 $675 to $6,119, while Three Bedroom Homes, Condos, and Townhomes for rent range from $865 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

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 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.

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.