38016 rental market
Last updated August 28, 2025
Rental market summary
The average rent for all bedrooms and all property types in 38016 is $7,298.
$7,298
+$1,620
+$6,448
8
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $2,410 to $7,495.
| Rent price | Number of rental properties |
|---|---|
| $2,400 | 1 |
| $2,900 | 1 |
| $5,000+ | 6 |
Average rent price over time
In the last year, rent has increased by $6,448 compared to the previous year.
| 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 | $2,550 | No data |
| Oct | $5,354 | No data |
| Nov | $5,097 | No data |
| Dec | $2,354 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 38016 is 48% higher than the national average.
$7,298
$4,936
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Rent trends near 38016
Frequently asked questions
1. What is the average rent in 38016?
The average rent in 38016 is $1,880.
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 $1,880.
3. How has the rent in 38016 changed in the last year?
In the last year, the rent in 38016 decreased by $23
4. How much has the rent in 38016 increased/decreased in the last month?
In the last month, the rent in 38016 decreased by $15
5. How many available rentals are there in 38016?
There are currently 199 rentals available in 38016.
6. How do rent prices in 38016 compare with the national average?
The average rent in 38016 is $1,880 — Infinity% higher the national average of $0.