
Cheap Homes for Rent in the 38127 ZIP Code of Memphis, TN from $300 (131 Rentals)Page 2 of 3
Search the lowest-cost Homes available for rent right now in the 38127 ZIP Code area of Memphis.


2771 Northmeade Ave

3554 N Watkins St

2370 Hillside Ave

3679 Ladue St

3612 Overton Crossing St

3984 Acro Cove

2237 Gayle Ave

1651 Corning Ave

1601 Haywood Ave
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.

2292 Willow Wood Ave

5116 Chantilly Dr

3514 Hallbrook St

5104 Corkwood Dr

2133 Eldridge Ave

1622 Alta Vista Ave

5286 Broken Oak Dr

5293 Beaverton Dr

2538 Lisa Ave

504 Elmfield Cove
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

5118 Blacksmith Dr

3642 Fiat Cove

4043 Point Church Rd

2348 Millbrook Ave

1570 Jay Cove

5099 Corkwood Dr

1911 The Oaks Ave

1290 Dellwood Ave

3521 Steele St
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.

2986 Lake Park Rd

1517 Baxter Ave

5312 Plover Dr

2597 Henderson St

2208 Cassie Ave

3269 Sunrise St

3580 Gowan Dr

1871 Cedarhurst Ave

1885 Dessa Dr

5336 Braden Dr
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.

2927 Beechmont St

2806 Scotland Rd

3603 Sunrise St

2714 James Rd

3115 Signal St

3863 N Trezevant St

3520 Pueblo Ave

1694 Claire Dr

2123 Lyon Ave

3896 Ajanders Dr
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.
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38127 2 Bedroom Homes for Rent | $1,219 | $745 | $2,781 |
| 38127 3 Bedroom Homes for Rent | $1,484 | $880 | $2,803 |
| 38127 4 Bedroom Homes for Rent | $1,828 | $1,680 | $1,850 |
Browse Homes for Rent in the 38127 Zip Code of Memphis
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Frequently Asked Questions about the 38127 ZIP Code
How much are larger Three and Four Bedroom Rentals in 38127?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 38127 range from $650 to $4,029, while Three Bedroom Homes, Condos, and Townhomes for rent range from $880 to $2,803. Four Bedroom Single-Family rentals are also available starting from $1,680 and Four Bedroom Apartments start at $599.
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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts 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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.