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Apartments for Rent in 38116, TN

60 Rentals Available
Apartments for Rent in 38116, TN. 60 Rentals Available
  • Today

    4537 Mill Stream Dr, Memphis, TN 38116
    2 BEDS $779+
  • Today

    3471 W Briarpark Dr, Memphis, TN 38116
    1 BED $657+
    2 BEDS $842+
    3 BEDS $914+
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    1890 Pennel Rd, Memphis, TN 38116
    3 BEDS $1,295
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    1613 Winfield Ave, Memphis, TN 38116
    3 BEDS $1,195
  • Today

    1737 Berwind Rd, Memphis, TN 38116
    3 BEDS $1,175
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  • Today

    Vinebrook MEM Leads Template, Memphis, TN 11111
  • Today

    4485 Hudgins Road, Memphis, TN 38116
    1 BED $725
    2 BEDS $980
    3 BEDS Ask for Pricing
  • Today

    1565 Finley Rd, Memphis, TN 38116
    3 BEDS Ask for Pricing
  • Today

    1104 Chambliss Rd, Memphis, TN 38116
    2 BEDS $1,095
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    3990 Barton Dr,, Memphis, TN 38116
    1 BED $895
    2 BEDS $925+
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    4022 Claree Dr., Memphis, TN 38116
    4 BEDS $1,760
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  • Today

    1265 Winfield, Memphis, TN 38116
    3 BEDS $1,140
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    4899 Dianne Drive, Memphis, TN 38116
    3 BEDS $1,210
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    5157 Depanne Road, Memphis, TN 38116
    3 BEDS $1,435
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    5287 Haleville Road, Memphis, TN 38116
    3 BEDS $1,295
  • Today

    1430 Graceland Pines, Memphis, TN 38116
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    5459 Hudgins Road, Memphis, TN 38116
    Income Restricted
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    3 BEDS Ask for Pricing
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  • More Rentals Near 38116, TN

  • Today

    671 Whiteside Cv, Memphis, TN 38109
    4 BEDS $1,155
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    506 E Shelby Dr, Memphis, TN 38109
    3 BEDS $995
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    329 Sullivan Dr, Memphis, TN 38109
    3 BEDS $995
  • Today

    450 Stateline Rd W, Southaven, MS 38671
    STUDIO $1,600+
  • Today

    4788 Bradford Dr, Memphis, TN 38109
    3 BEDS $985
  • Today

    970 Boulder Cove, Southaven, MS 38671
    3 BEDS Ask for Pricing
  • Today

    8398 Hickory Cv, Southaven, MS 38671
    3 BEDS Ask for Pricing
  • Today

    3429 Beech Grove Rd, Memphis, TN 38118
    4 BEDS Ask for Pricing
17-8-zipcode
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38116 rent trends

Rental prices in 38116 have increased by 0.38% over the past year. The average rent moved from $814 to $817.

Average rent in 38116

$817/mo 38116 average rental price, January 2026
Image Average Rent

    What's the typical rent budget in 38116?

    The largest share of rentals in 38116 (91%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in 38116, TN

    29 /100
    Car-Dependent
    26 /100
    Some Transit
    46 /100
    Somewhat Bikeable
    Walk Score®: 29, Transit Score®: 26, Bike Score®: 46

    Frequently asked questions

    When were prices and availability in 38116 last updated?

    Prices and availability in 38116 were last updated on 23 Feb 2026.

    What are the best apartments in 38116?

    The best apartments in 38116 are: Mill Creek Apartments, Creekside Meadows, 1890 Pennel Rd, 1613 Winfield Ave and 1737 Berwind Rd.

    What is the average rent in 38116?

    The average rent in 38116 is $708.

    What is the price range for a 1-bedroom apartment in 38116?

    The price range for a 1-bedroom apartment in 38116 is between $656 and $1,083.

    What is the price range for a 2-bedroom apartment in 38116?

    The price range for a 2-bedroom apartment in 38116 is between $779 and $1,920.

    What is the price range for a 3-bedroom apartment in 38116?

    The price range for a 3-bedroom apartment in 38116 is between $725 and $1,793.

    What type of rental buildings are in 38116?

    In 38116, 56% of the residents are renting compared to 44% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of 38116's rentals, 70% are small-scale complexes with under 50 units, and 23% are single-family rentals.

    38116 demographics

    • 41,393Total Population
    • 22,537 Female
      18,856 Male
    • 34Median Age

    38116 households

    • 9,291 Family
      6,097 Non-family
    • 5,262 Children
      10,126 No Children
    • 15,388Total Number of Households
    • 2Average People Per Household
    • $44,663Median Household Income

    38116 education statistics

    RentCafe is your one-stop shop for finding a great new apartment in the 38116 zip code. Easily search through a wide selection of apartments for rent in 38116, TN and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you're interested in. Rents for apartments in 38116 start at $657. Browse apartment listings in 38116 and submit your rental application today!

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