38115 rental market

Choose another area

Last updated August 11, 2025

Rental market summary

The average rent for 3 bedroom properties in 38115 is $1,399.

Average rent

$1,399

Month-over-month change

+$4

Year-over-year change

+$4

Available rentals

35

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $795 to $1,740.

Rent frequencies
Rent priceNumber of rental properties
$9003
$1,0002
$1,1005
$1,30010
$1,4007
$1,5007
$1,6003
$1,700+2

Average rent price over time

In the last year, rent has increased by $4 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,400$1,400
Feb$1,395$1,395
Mar$1,475$1,450
Apr$1,450$1,395
May$1,480$1,395
Jun$1,395$1,425
Jul$1,485$1,395
Aug$1,417$1,399
Sep$1,395No data
Oct$1,418No data
Nov$1,395No data
Dec$1,426No 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 37% lower than the national average.

38115vs.

$1,399

$2,235

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

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.