
Cheap Apartments for Rent in the 38120 ZIP Code of Memphis, TN from $300 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the 38120 ZIP Code area of Memphis.


Poplar Place Townhomes

Arbors River Oaks Apartments

6705 Majestic Oak Pl, Unit 6705

6746 Quail Hollow Ct

6692 Whispering Oak Pl

6695 Whispering Oak Pl
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

Madison Shelby Farms

6680 Whispering Oaks

The Edge of Germantown

1710 Kirby Pkwy

6705 Majestic Oak Pl

1725 Ridge Oak Pl

6764 Enchanted Oak Pl
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

6696 Whispering Oak Pl

1705 Port Oak Pl

240 Flats

The View at Shelby Farms

The Roxbury

Fairfax Manor Townhomes

The Vineyards
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

1855 Poplar Woods Cir W, Unit Spacious 1BR 1BA for rent

Park Place at Shelby Farms

The Bridges at Germantown Apartments

The Grove Germantown Apartments

Velo Shelby Farms

1009 June Rd

1855 Poplar Woods Cir W
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.

Poplar Pines Apartments

Colonial Apartments

1896 Poplar Woods Cir E
Memphis, TN Local Guide

How much does it cost to rent an apartment in 38120?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38120 Studio Apartments | $1,410 | $999 | $1,805 |
| 38120 1 Bedroom Apartments | $1,374 | $1,023 | $3,739 |
| 38120 2 Bedroom Apartments | $1,677 | $1,068 | $4,492 |
| 38120 3 Bedroom Apartments | $2,186 | $1,499 | $5,367 |
| 38120 4 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
Browse Apartments in the 38120 Zip Code of Memphis
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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.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.