
Homes for Rent in the 38118 ZIP Code of Memphis, TN Under $1,500 (80 Rentals)


4798 Chuck Ave

4080 Chippewa Rd

2851 Redwing Rd

3381 Kenie Ave

3216 Haraway St

4983 Simsbury Dr

3479 Stone St

3052 Curtis St

4393 Cottonwood Rd
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.

3538 Arnold Rd

3379 Spring Shadow Dr

4134 Parkchester Ave

4547 Almo Ave

5059 Applewood Dr

2959 Randy Ln

4100 Navaho Ave

4956 Lazybrook Cove

4225 Arrowhead Rd

4061 Navaho Ave
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.

3009 Carvel St

3556 Christine Rd

4528 Sugar Creek Rd

4227 Kenosha Rd

4235 Camelot Ave

3653 Elm Park Rd

4877 Brentdale Ave

4860 Chesterwood Ct

3532 Christine Rd

3788 Bishops Bridge Rd
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.

3350 ADELINE St

3556 Arnold Rd

3366 Creighton Ave

3109 Christine Rd

3809 Marston Rd

3546 Christine Rd

3381 CRISTIL St

4100 Chippewa Rd

2718 Claudette Rd

2720 Merle St
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.

2718 Claudette Rd

3568 Venable Rd

3986 Ashview Cove

2715 Cherry Rd

2718 Claudette Rd

2705-2715 Cherry Rd

4255 Cherry Center Dr

5674 Ballenmoor Dr

5636 Maple Tree Dr

5573 Tulip Tree Dr
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 | $892 | $625 | $1,450 |
| 38118 3 Bedroom Homes for Rent | $1,063 | $880 | $1,550 |
| 38118 4 Bedroom Homes for Rent | $1,417 | $1,400 | $1,440 |
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 $675 to $6,573, while Three Bedroom Homes, Condos, and Townhomes for rent range from $880 to $1,550. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $650.
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

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

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.

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.

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.