Zip Code
Average Rent in 38138
38138 is a zip code in Memphis, TN-MS-AR MSA. It ranks #2 out of 59 for places to rent. 38138 is in
the state of
Tennessee, the county of
Shelby County, the congressional district of
District 08 and the city of
Germantown. Dwellsy has rental data there are no sections, no neighborhoods and no rental communities in 38138.The average rent over the last 3 months for places in 38138 is $2,565 which represents an increase of 20.48% over the same period.
Rental Price Comparison
The average rent for places in zip 38138 currently stands at $2,565.
In comparison, places in the average state, specifically Tennessee, is less expensive, with an average rent of $1,547. This represents a difference of -40% when compared to 38138.
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 -46% 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 -28% when compared to the rent in 38138.
$2,565
38138
VS$1,547
-40%
TN, state
$1,378
-46%
Memphis, TN-MS-AR MSA, msa
$1,847
-28%
USA, us
Average price for rental listings over the last 3 months. Last updated April 26 2026
