
Luxury Homes for Rent in the 38120 ZIP Code of Memphis, TN (11 Rentals)
The most luxurious Homes in the 38120 ZIP Code area of Memphis with high-end amenities, features, and finishes.


415 S Yates Rd

765 Sweetbrier Rd

7675 Charstone Dr

1711 Miller Farms Rd
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1624 W Churchill Downs

1703 Bryn Mawr Cove

1769 Great Oaks Cove

1601 McHenry Cir E

7650 Charstone Dr
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.

7008 Corsica Dr
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38120 2 Bedroom Homes for Rent | $1,669 | $1,008 | $4,050 |
| 38120 3 Bedroom Homes for Rent | $2,078 | $1,499 | $5,502 |
| 38120 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Homes for Rent in the 38120 Zip Code of Memphis
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Frequently Asked Questions about the 38120 ZIP Code
How much are larger Three and Four Bedroom Rentals in 38120?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 38120 range from $715 to $7,113, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,499 to $5,502. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $640.
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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.