
Apartments for Rent in the 38120 ZIP Code of Memphis, TN Under $1,500 (27 Rentals)


Poplar Place Townhomes

MAA Kirby Station

5735 Barfield Cir

1720 Ridge Oak Pl

1714 Ridge Oak Pl
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.

6699 Whispering Oak Pl

6705 Majestic Oak Pl

6747 Quail Hollow Ct

6680 Whispering Oak Pl

6683 Whispering Oak Pl

6734 Quail Hollow Ct
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.

Madison Shelby Farms

The Edge of Germantown

Fairfax Manor Townhomes

Velo Shelby Farms

The Vineyards

The Bridges at Germantown Apartments
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.

Park Place at Shelby Farms

240 Flats

The View at Shelby Farms

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

6561 Poplar Woods Cir E

MAA Park Estate
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.

Colonial Apartments

Roxbury

Poplar Pines Apartments
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 | $1,543 | $1,339 | $1,739 |
| 38120 1 Bedroom Apartments | $1,426 | $1,058 | $3,806 |
| 38120 2 Bedroom Apartments | $1,736 | $1,099 | $4,885 |
| 38120 3 Bedroom Apartments | $2,219 | $1,499 | $5,611 |
| 38120 4 Bedroom Apartments | $1,723 | $1,723 | $1,723 |
Browse Apartments in the 38120 Zip Code of Memphis
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Frequently Asked Questions about the 38120 ZIP Code
How much are Studio apartments in 38120?
There are currently 9 Studio Apartments in 38120 with rent ranges from $1,339 to $1,739 with an average price of $1,543.
What is the current price range for One Bedroom 38120 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 38120 ranges from $1,058 to $3,806 with an average monthly rent of $1,426.
What does renting a Two Bedroom Apartment in 38120 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 38120 range from $1,099 to $4,885. Today's average rental price for Two Bedrooms here is $1,736.
How expensive are 38120 Three Bedroom Apartments?
There are currently 15 Three Bedroom Apartments listings available in 38120 on ApartmentHomeLiving.com. The pricing ranges from $1,499 to $5,611 - averaging $2,219 for the location.
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.