38111 rental market

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Last updated August 23, 2025

Rental market summary

The average rent for all bedrooms and all property types in 38111 is $8,375.

Average rent

$8,375

Month-over-month change

+$7,378

Year-over-year change

+$2,150

Available rentals

8

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $750 to $14,000.

Rent frequencies
Rent priceNumber of rental properties
$7001
$1,9001
$2,4001
$2,5001
$2,7001
$3,7001
$5,000+3

Average rent price over time

In the last year, rent has increased by $2,150 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$7,875$2,673
Feb$8,925$1,843
Mar$6,125$2,571
Apr$6,125$6,793
May$4,833$9,200
Jun$2,223$9,075
Jul$2,195$9,875
Aug$5,923$1,995
Sep$6,500No data
Oct$7,725No data
Nov$6,098No data
Dec$2,673No 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 58% higher than the national average.

38111vs.

$8,375

$5,316

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Frequently asked questions

1. What is the average rent in 38111?

The average rent in 38111 is $1,240.

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

Houses in 38111 rent between $695 - $14,000 with an average rent of $1,240.

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

In the last year, the rent in 38111 decreased by $110

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

In the last month, the rent in 38111 decreased by $10

5. How many available rentals are there in 38111?

There are currently 238 rentals available in 38111.

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

The average rent in 38111 is $1,240 — Infinity% higher the national average of $0.