38115 rental market

What is the average rent in 38115?

Choose another area

Last updated October 10, 2026

Rental market summary

The average rent for all bedrooms and all property types in 38115 is $1,211.

Average rent

$1,211

Month-over-month change

-$34

Year-over-year change

-$84

Available rentals

104

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $581 to $12,950.

Loading
Rent frequencies
Rent priceNumber of rental properties
$6001
$7003
$8009
$90022
$1,00013
$1,1007
$1,20015
$1,3005
$1,40010
$1,50012
$1,6005
$1,7003
$1,8007
$1,9001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $84 compared to the previous year.

Loading
Average rent price over time
Last year (2025)This year (2026)
Jan$1,350$1,275
Feb$1,350$1,285
Mar$1,385$1,250
Apr$1,350$1,245
May$1,335$1,235
Jun$1,350$1,195
Jul$1,300$1,195
Aug$1,341$1,226
Sep$1,314$1,200
Oct$1,250$1,226
Nov$1,295No data
Dec$1,285No data

Market temperature

The 38115 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 38115 is 39% lower than the national average.

38115vs.
No options are currently available.

$1,211

$2,000

Rent in 38115

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

Explore Rentals

Post a rental listing

Easy-to-use tools let you list your property where millions of renters search each month. Plus, messaging and tenant screening are integrated into our listing platform to help you find and screen applicants faster.

Get startedLearn more

Frequently asked questions

1. What is the average rent in 38115?

The average rent in 38115 is $1,211.

2. What is the average rent for a studio apartment in 38115?

The average rent for a studio apartment in 38115 is $865 per month.

3. What is the average rent for a one-bedroom apartment in 38115?

The average rent for a one-bedroom apartment in 38115 is $854 per month.

4. What is the average rent for a two-bedroom apartment in 38115?

The average rent for a two-bedroom apartment in 38115 is $999 per month.

5. What is the average rent for a three-bedroom apartment in 38115?

The average rent for a three-bedroom apartment in 38115 is $1,387 per month.

6. What is the average rent for a four-bedroom apartment in 38115?

The average rent for a four-bedroom apartment in 38115 is $7,338 per month.

7. How much does it cost to rent a house in 38115?

Houses in 38115 rent between $581 - $12,950 with an average rent of $1,211.

8. How has the rent in 38115 changed in the last year?

In the last year, the rent in 38115 decreased by $84

9. How much has the rent in 38115 increased/decreased in the last month?

In the last month, the rent in 38115 decreased by $34

10. How many available rentals are there in 38115?

There are currently 104 rentals available in 38115.

11. How do rent prices in 38115 compare with the national average?

The average rent in 38115 is $1,211 — 39.45% lower the national average of $2,000.

© 2026 Zillow Group, Inc. and its subsidiaries. All rights reserved.
Privacy NoticeAd Choices