38111 rental market

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Last updated August 11, 2025

Rental market summary

The average rent for 2 bedroom properties in 38111 is $1,000.

Average rent

$1,000

Month-over-month change

-$95

Year-over-year change

-$25

Available rentals

77

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $695 to $2,000.

Rent frequencies
Rent priceNumber of rental properties
$6001
$7006
$80015
$90020
$1,00016
$1,10013
$1,2007
$1,3004
$1,4004
$1,5002
$1,6001
$1,7001
$2,100+1

Average rent price over time

In the last year, rent has decreased by $25 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$995$1,050
Feb$995$1,095
Mar$1,065$1,050
Apr$1,000$1,039
May$1,095$1,094
Jun$1,095$998
Jul$1,050$1,030
Aug$975$1,035
Sep$1,095No data
Oct$1,070No data
Nov$1,100No data
Dec$1,095No data

Market temperature

The 38111 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 38111 is 47% lower than the national average.

38111vs.

$1,000

$1,895

Rent in 38111

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Frequently asked questions

1. What is the average rent in 38111?

The average rent in 38111 is $1,225.

2. How much does it cost to rent a house in 38111?

Houses in 38111 rent between $595 - $14,000 with an average rent of $1,225.

3. How has the rent in 38111 changed in the last year?

In the last year, the rent in 38111 decreased by $125

4. How much has the rent in 38111 increased/decreased in the last month?

In the last month, the rent in 38111 decreased by $70

5. How many available rentals are there in 38111?

There are currently 223 rentals available in 38111.

6. How do rent prices in 38111 compare with the national average?

The average rent in 38111 is $1,225 — Infinity% higher the national average of $0.