
Cheap Homes for Rent in the 38157 ZIP Code of Memphis, TN from $300 (335 Rentals)Page 2 of 7
Search the lowest-cost Homes available for rent right now in the 38157 ZIP Code area of Memphis.


682 BOSTON St

1191 N Graham St

682 Boston St, Unit 1 - 682

3451 Tutwiler Ave

2483 Harvard Ave

3117 Yale Ave

755 Houston St

3585 Mayfair Ave

4050 Pikes Peak Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

2601 Kenner Ave

804 Columbia St

1855 Poplar Woods Cir W

2827 Sonora Dr

3781 Barron Ave

738 Buntyn St

6746 Quail Hollow Ct

166 Eastview Dr

3555 Barwood Cir

2673 Midland Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

4047 Chelsea Ave

859 Carson St

4374 Deborah Ave

3381 Walnut Grove Rd

2835 Los Gatos Ct

1819 Wells Station Rd

3733 Miami Ave

5655 Myers Rd

1596 Hope St

1116 N Holmes St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

72 S Larchmont Dr

1734 Wildrose St

992 Wrenwood St

5546 Apple Blossom Dr

975 N White Station Rd

3518 Venable Rd

5656 Encino Cove

3766 Guernsey Ave

3889 Tuggle Ave

1558 Tayner St
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.

5712 Los Gatos Dr, Unit 5712 Los Gatos Apt 1

3069 Sharpe Ave

3377 Rockwood Ave

3207-3213 13 Colony Mall

3247-3213 13 Colony Mall

3249-3213 13 Colony Mall

3232-3213 13 Colony Mall

1771 Wildrose St

2751 Henley Dr

1190 Inman Cove
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 Homes for Rent | $1,073 | $650 | $3,782 |
| 38157 3 Bedroom Homes for Rent | $1,388 | $550 | $3,789 |
| 38157 4 Bedroom Homes for Rent | $1,117 | $550 | $1,800 |
Browse Homes for Rent in the 38157 Zip Code of Memphis
Explore Memphis
Frequently Asked Questions about the 38157 ZIP Code
How much are larger Three and Four Bedroom Rentals in 38157?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 38157 range from $550 to $4,137, while Three Bedroom Homes, Condos, and Townhomes for rent range from $550 to $3,789. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $550.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.