38016 rental market

What is the average rent in 38016?

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Last updated August 29, 2026

Rental market summary

The average rent for all bedrooms and all property types in 38016 is $1,880.

Average rent

$1,880

Month-over-month change

-$22

Year-over-year change

-$4

Available rentals

179

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $450 to $8,999.

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Rent frequencies
Rent priceNumber of rental properties
$02
$1,1005
$1,2005
$1,3007
$1,4008
$1,50015
$1,60012
$1,70025
$1,80019
$1,90016
$2,0008
$2,10018
$2,20013
$2,30012
$2,40010
$2,5005
$2,6003
$2,7004
$2,8001
$2,9001
$3,2001
$5,000+7

Average rent price over time

In the last year, rent has decreased by $4 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,933$1,855
Feb$1,895$1,848
Mar$1,972$1,907
Apr$2,040$1,929
May$2,015$1,990
Jun$2,004$1,946
Jul$1,921$1,926
Aug$1,895$1,897
Sep$1,880No data
Oct$1,858No data
Nov$1,795No data
Dec$1,818No data

Market temperature

The 38016 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 38016 is 6% lower than the national average.

38016vs.

$1,880

$2,000

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Frequently asked questions

1. What is the average rent in 38016?

The average rent in 38016 is $1,880.

2. What is the average rent for a studio apartment in 38016?

The average rent for a studio apartment in 38016 is $450 per month.

3. What is the average rent for a one-bedroom apartment in 38016?

The average rent for a one-bedroom apartment in 38016 is $1,222 per month.

4. What is the average rent for a two-bedroom apartment in 38016?

The average rent for a two-bedroom apartment in 38016 is $1,361 per month.

5. What is the average rent for a three-bedroom apartment in 38016?

The average rent for a three-bedroom apartment in 38016 is $1,778 per month.

6. What is the average rent for a four-bedroom apartment in 38016?

The average rent for a four-bedroom apartment in 38016 is $4,063 per month.

7. How much does it cost to rent a house in 38016?

Houses in 38016 rent between $450 - $8,999 with an average rent of $1,880.

8. How has the rent in 38016 changed in the last year?

In the last year, the rent in 38016 decreased by $4

9. How much has the rent in 38016 increased/decreased in the last month?

In the last month, the rent in 38016 decreased by $22

10. How many available rentals are there in 38016?

There are currently 179 rentals available in 38016.

11. How do rent prices in 38016 compare with the national average?

The average rent in 38016 is $1,880 — 6% lower the national average of $2,000.

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