38111 rental market

What is the average rent in 38111?

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Last updated October 15, 2025

Rental market summary

The average rent for all bedrooms and all property types in 38111 is $8,250.

Average rent

$8,250

Month-over-month change

$0

Year-over-year change

+$525

Available rentals

12

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
$8001
$1,6001
$2,1001
$2,2001
$2,4002
$2,5003
$2,9001
$3,7001
$5,000+3

Average rent price over time

In the last year, rent has increased by $525 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$6,500$8,250
Oct$7,725$8,250
Nov$6,098No data
Dec$2,673No data

Market temperature

The 38111 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 38111 is 12% higher than the national average.

38111vs.

$8,250

$7,394

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Frequently asked questions

1. What is the average rent in 38111?

The average rent in 38111 is $1,245.

2. What is the average rent for a studio apartment in 38111?

The average rent for a studio apartment in 38111 is $500 per month.

3. What is the average rent for a one-bedroom apartment in 38111?

The average rent for a one-bedroom apartment in 38111 is $750 per month.

4. What is the average rent for a two-bedroom apartment in 38111?

The average rent for a two-bedroom apartment in 38111 is $1,050 per month.

5. What is the average rent for a three-bedroom apartment in 38111?

The average rent for a three-bedroom apartment in 38111 is $1,350 per month.

6. What is the average rent for a four-bedroom apartment in 38111?

The average rent for a four-bedroom apartment in 38111 is $6,040 per month.

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

Houses in 38111 rent between $500 - $14,000 with an average rent of $1,245.

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

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

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

In the last month, the rent in 38111 did not change.

10. How many available rentals are there in 38111?

There are currently 269 rentals available in 38111.

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

The average rent in 38111 is $1,245 — Infinity% higher the national average of $0.