
Apartments for Rent in the 38127 ZIP Code of Memphis, TN (246 Rentals)


Watkins Manor

Casa Bonita Apartments

Redwood Estates Mobile Home Community

Renaissance at Steele

1711 S Sutton Dr

3332 Beechmont St

5087 Blacksmith Dr

598 Orchard Ave
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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.

2449 Labonte Dr

1402 Frayser Blvd

3230 Ardmore St

3830 Denver St

901 Restbrook Ave

3825 Range Line Rd

2166 Fortune Ave

5341 Breckenwood Dr

2184 Cassie Ave

5095 Corkwood Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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2771 Northmeade Ave

4496 Range Line Rd

504 Elmfield Cove

5293 Beaverton Dr

2812 Lake Park Rd

5286 Broken Oak Dr

1380 Rolling Hills Dr

2823 Baskin St

2048 Whitney Ave

5099 Corkwood Dr
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.

3575 Kensett Dr

5203 Black Diamond Cove

3477 Kensett Dr

761 Whitney Ave

1733 Gowan Dr

3243 Boone St

729 Blackstone Ln

4315 Mountain Terrace St

566 Burlington Cir

2587 Wellons Ave
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Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

2282 Theda Ave

2600 Wellons Ave

4271 Coventry Dr

3203 Aden St

457 Fernhill Cove

5157 Blacksmith Dr

5118 Blacksmith Dr

643 McWhirter Ave

5166 Broken Oak Dr

5267 Broken Oak Dr
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Memphis, TN Local Guide

How much does it cost to rent an apartment in 38127?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38127 1 Bedroom Apartments | $1,404 | $660 | $2,529 |
| 38127 2 Bedroom Apartments | $1,338 | $735 | $3,327 |
| 38127 3 Bedroom Apartments | $1,470 | $880 | $3,445 |
| 38127 4 Bedroom Apartments | $1,833 | $1,680 | $1,850 |
Browse Apartments in the 38127 Zip Code of Memphis
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Frequently Asked Questions about the 38127 ZIP Code
What is the current pricing and availability for apartments for rent in the 38127 ZIP Code?
As of today, July 29, 2026, there are currently 246 available 38127 apartments priced from $660 to $3,445, with an average monthly rent of $1,424.
What is the current price range for One Bedroom 38127 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 38127 ranges from $660 to $2,529 with an average monthly rent of $1,404.
What does renting a Two Bedroom Apartment in 38127 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 38127 range from $735 to $3,327. Today's average rental price for Two Bedrooms here is $1,338.
How expensive are 38127 Three Bedroom Apartments?
There are currently 34 Three Bedroom Apartments listings available in 38127 on ApartmentHomeLiving.com. The pricing ranges from $880 to $3,445 - averaging $1,470 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.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
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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
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Articles, How-To's, and Tips

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.

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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.

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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.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
