38115 rental market

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Last updated August 11, 2025

Rental market summary

The average rent for 2 bedroom properties in 38115 is $1,128.

Average rent

$1,128

Month-over-month change

+$116

Year-over-year change

+$128

Available rentals

33

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $736 to $2,665.

Rent frequencies
Rent priceNumber of rental properties
$7001
$8002
$9007
$1,0005
$1,1008
$1,20012
$1,300+1

Average rent price over time

In the last year, rent has increased by $128 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,013$1,090
Feb$1,050$1,050
Mar$1,000$1,075
Apr$1,011$1,100
May$1,025$1,100
Jun$1,025$1,100
Jul$1,000$1,114
Aug$1,010$1,095
Sep$1,000No data
Oct$1,000No data
Nov$1,000No data
Dec$995No data

Market temperature

The 38115 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 38115 is 40% lower than the national average.

38115vs.

$1,128

$1,895

Rent in 38115

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Frequently asked questions

1. What is the average rent in 38115?

The average rent in 38115 is $1,285.

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

Houses in 38115 rent between $581 - $2,242 with an average rent of $1,285.

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

In the last year, the rent in 38115 decreased by $10

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

In the last month, the rent in 38115 decreased by $50

5. How many available rentals are there in 38115?

There are currently 77 rentals available in 38115.

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

The average rent in 38115 is $1,285 — Infinity% higher the national average of $0.