
Cheap Apartments for Rent in the 38120 ZIP Code of Memphis, TN from $300 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the 38120 ZIP Code area of Memphis.


MAA Kirby Station

Poplar Place Townhomes

1710 Kirby Pky

Arbors River Oaks Apartments

6687 Whispering Oak Pl

6772 Quail Hollow Ct
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.

6692 Whispering Oak Pl

6695 Whispering Oak Pl

The Edge of Germantown

6706 Majestic Oak Pl

Madison Shelby Farms

1719 Ridge Oak Pl

1725 Ridge 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.

Park Place at Shelby Farms

240 Flats

The View at Shelby Farms

1855 Poplar Woods Cir W, Unit 304

Fairfax Manor Townhomes

The Roxbury

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

The Bridges at Germantown Apartments

The Grove Germantown Apartments

The Vineyards

Velo Shelby Farms

MAA Park Estate

Poplar Pines

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.

Colonial Apartments

1865 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 | $1,469 | $999 | $1,822 |
| 38120 1 Bedroom Apartments | $1,371 | $800 | $3,781 |
| 38120 2 Bedroom Apartments | $1,710 | $950 | $4,741 |
| 38120 3 Bedroom Apartments | $2,226 | $1,399 | $5,485 |
| 38120 4 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
Browse Apartments in the 38120 Zip Code of Memphis
Explore Memphis

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.