Zip Code

Average Rent in 38002

38002 is a zip code in Memphis, TN-MS-AR MSA. It ranks #4 out of 59 for places to rent. 38002 is in
the state of
Tennessee,
the counties of
Fayette County, Shelby County,
the congressional districts of
District 08, District 09 and 7 cities. Dwellsy has rental data there are no sections, no neighborhoods and no rental communities in 38002.
The average rent over the last 3 months for places in 38002 is $2,249 which represents an increase of 3.8% over the same period.

Rental Price Comparison

The average rent for places in zip 38002 currently stands at $2,249.
In comparison, places in the average state, specifically Tennessee, is less expensive, with an average rent of $1,547. This represents a difference of -31% when compared to 38002.
Meanwhile, in the average msa of Memphis, TN-MS-AR MSA, the average rent for the same type of housing is $1,378, showing a less expensive of -39% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,847. This constitutes a less expensive by -18% when compared to the rent in 38002.
$2,249
38002
VS
$1,547
-31%
TN, state
$1,378
-39%
Memphis, TN-MS-AR MSA, msa
$1,847
-18%
USA, us

Average price for rental listings over the last 3 months. Last updated April 26 2026