
Cheap Townhomes for Rent in the 38157 ZIP Code of Memphis, TN from $300 (32 Rentals)
Search the lowest-cost Townhomes available for rent right now in the 38157 ZIP Code area of Memphis.


464 Lipford St

2972 Hale Ave

5263 Flowering Peach Dr

977 Pope St

2659 Whitman Ave

848 Biggs St

996 S Highland St
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.

3451 Tutwiler Ave

3438 Spottswood Ave

3117 Yale Ave

2483 Harvard Ave

3555 Barwood Cir

166 Eastview Dr

3207-3213 13 Colony Mall

3247-3213 13 Colony Mall
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

3249-3213 13 Colony Mall

3232-3213 13 Colony Mall

3385 Barbwood Dr

4781 Townhouse Way

3049 Carnes Ave

1841 S Perkins Rd

1725 Ridge Oak Pl

6764 Enchanted Oak Pl
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.

3748 Cambridge Station Dr

6761 Whitten Pine Dr

6761 Whitten Pine Dr

5573 Tulip Tree Dr

6788 The Willows Cove

3093 Littlefield Cv

3093 Littlefield Cove

3093 Littlefield Cove
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.
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38157 2 Bedroom Townhomes for Rent | $1,318 | $925 | $1,450 |
| 38157 3 Bedroom Townhomes for Rent | $1,372 | $1,350 | $1,395 |
| 38157 5 Bedroom Townhomes for Rent | $2,000 | $2,000 | $2,000 |
Browse Townhomes for Rent in the 38157 Zip Code of Memphis
Explore Memphis
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
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.

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

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.

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

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.