Townhomes For Rent in 38122
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Apartments For Rent Near 38122
We found 24 more apartments matching your filters just outside 38122
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Average Rent Trends in 38122
Rent in 38122 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a townhome decreased in Jun 2026 compared to the previous month. Rent for townhomes peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $750 |
| Aug 2025 | $825 |
| Sep 2025 | $625 |
| Oct 2025 | $625 |
| Nov 2025 | $850 |
| Dec 2025 | $825 |
| Jan 2026 | $825 |
| Feb 2026 | $825 |
| Mar 2026 | $850 |
| Apr 2026 | $795 |
| May 2026 | $925 |
| Jun 2026 | $695 |
Average Rent By Bedroom and Home Type
In June 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $775 | $935 | $1,255 | $1,600 | $1,156 |
| Townhomes | — | $825 | — | — | $825 |
| Apartments and Condos | $775 | $850 | $1,200 | $1,550 | $895 |
| Houses | $700 | $1,025 | $1,275 | $1,595 | $1,250 |
Frequently Asked Questions about Townhomes for rent in 38122
- What is the average rent of a townhome in 38122?The average rent of a townhome in 38122 is $825 per month. This is about 58% lower than the national average.
- When is the average rent cheapest in 38122?In the last year, the average rent in 38122 was lowest in Sep 2025 when it was $625 per month.
- When is the average rent most expensive in 38122?In the last year, the average rent in 38122 was highest in Jan 2025 when it was $850 per month.
- How many townhomes are available to rent in 38122?There are 4 available townhomes to rent in 38122.
- What are some cities near 38122?Some nearby cities include: Memphis, Bartlett, Cordova, Germantown, Lakeland, Millington. These cities may have more rental options to explore.