
Apartments for Rent in the 38120 ZIP Code of Memphis, TN Under $1,500 (31 Rentals)


MAA Kirby Station

Poplar Place Townhomes

6696 Whispering Oak Pl

1714 Ridge Oak Pl

415 McDermitt Rd

6774 Enchanted Oak Pl, Unit 3, Unit 3
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.

6705 Majestic Oak Pl

1720 Ridge Oak Pl

6699 Whispering Oak Pl

6747 Quail Hollow Ct

6765 Quail Hollow Ct

6680 Whispering Oak Pl

6680 Whispering Oaks
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.

6692 Whispering Oak Pl

Madison Shelby Farms

The Edge of Germantown

The Vineyards

Velo Shelby Farms

The Bridges at Germantown Apartments

Brookhaven Lofts
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.

The Roxbury

Park Place at Shelby Farms

Fairfax Manor Townhomes

240 Flats

The View at Shelby Farms

6567 Poplar Woods Cir S

6633 Poplar Woods Cir E
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.

The Grove Germantown Apartments

Colonial Apartments

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 | $1,419 | $999 | $1,720 |
| 38120 1 Bedroom Apartments | $1,381 | $916 | $3,726 |
| 38120 2 Bedroom Apartments | $1,668 | $1,064 | $4,064 |
| 38120 3 Bedroom Apartments | $2,092 | $1,499 | $5,495 |
| 38120 4 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
Browse Apartments in the 38120 Zip Code of Memphis
Explore Memphis

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 $999 to $1,720 with an average price of $1,419.
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 $916 to $3,726 with an average monthly rent of $1,381.
What does renting a Two Bedroom Apartment in 38120 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 38120 range from $1,064 to $4,064. Today's average rental price for Two Bedrooms here is $1,668.
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 $5,495 - averaging $2,092 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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.