38114 rental market

Choose another area

Last updated August 20, 2025

Rental market summary

The average rent for 3 bedroom properties in 38114 is $1,200.

Average rent

$1,200

Month-over-month change

-$35

Year-over-year change

-$25

Available rentals

53

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $795 to $2,035.

Rent frequencies
Rent priceNumber of rental properties
$7002
$8004
$9007
$1,00011
$1,10011
$1,20010
$1,30011
$1,4004
$1,5002
$1,7001
$1,8002
$1,9003
$2,000+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$1,075$1,150
Feb$1,050$1,150
Mar$1,150$1,294
Apr$1,000$1,150
May$1,000$1,250
Jun$1,180$1,250
Jul$1,036$1,150
Aug$1,095$1,225
Sep$1,195No data
Oct$1,195No data
Nov$1,050No data
Dec$1,100No data

Market temperature

The 38114 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 38114 is 46% lower than the national average.

38114vs.

$1,200

$2,206

Rent in 38114

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Frequently asked questions

1. What is the average rent in 38114?

The average rent in 38114 is $1,050.

2. How much does it cost to rent a house in 38114?

Houses in 38114 rent between $525 - $3,600 with an average rent of $1,050.

3. How has the rent in 38114 changed in the last year?

In the last year, the rent in 38114 increased by $125

4. How much has the rent in 38114 increased/decreased in the last month?

In the last month, the rent in 38114 did not change.

5. How many available rentals are there in 38114?

There are currently 164 rentals available in 38114.

6. How do rent prices in 38114 compare with the national average?

The average rent in 38114 is $1,050 — Infinity% higher the national average of $0.