38016 rental market

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Last updated August 8, 2025

Rental market summary

The average rent for 1 bedroom properties in 38016 is $1,193.

Average rent

$1,193

Month-over-month change

$0

Year-over-year change

+$34

Available rentals

13

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $943 to $2,863.

Rent frequencies
Rent priceNumber of rental properties
$9001
$1,0002
$1,1004
$1,2001
$1,3004
$1,400+1

Average rent price over time

In the last year, rent has increased by $34 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,334$1,203
Feb$1,196$1,243
Mar$1,281$1,127
Apr$1,189$1,240
May$1,248$1,122
Jun$1,317$1,200
Jul$1,188$1,193
Aug$1,150$1,193
Sep$1,132No data
Oct$1,100No data
Nov$1,117No data
Dec$1,085No 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 25% lower than the national average.

38016vs.

$1,193

$1,595

Rent in 38016

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Frequently asked questions

1. What is the average rent in 38016?

The average rent in 38016 is $1,895.

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

Houses in 38016 rent between $775 - $7,495 with an average rent of $1,895.

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

In the last year, the rent in 38016 decreased by $60

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

In the last month, the rent in 38016 decreased by $5

5. How many available rentals are there in 38016?

There are currently 214 rentals available in 38016.

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

The average rent in 38016 is $1,895 — Infinity% higher the national average of $0.