38016 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for all bedrooms and all property types in 38016 is $7,298.

Average rent

$7,298

Month-over-month change

+$681

Year-over-year change

+$6,465

Available rentals

8

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,430 to $7,495.

Rent frequencies
Rent priceNumber of rental properties
$2,4002
$5,000+6

Average rent price over time

In the last year, rent has increased by $6,465 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$5,665$2,450
Feb$5,697$2,302
Mar$4,673$2,560
Apr$2,843$6,665
May$2,395$5,376
Jun$2,798$5,330
Jul$2,103$5,310
Aug$2,550$4,578
Sep$2,550No data
Oct$5,354No data
Nov$5,097No data
Dec$2,354No 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 20% higher than the national average.

38016vs.

$7,298

$6,101

Rent in 38016

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Frequently asked questions

1. What is the average rent in 38016?

The average rent in 38016 is $1,900.

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 $1,900.

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

In the last year, the rent in 38016 decreased by $30

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

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

5. How many available rentals are there in 38016?

There are currently 196 rentals available in 38016.

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

The average rent in 38016 is $1,900 — Infinity% higher the national average of $0.