38116 rental market
What is the average rent in 38116?
Last updated March 29, 2026
Rental market summary
The average rent for all bedrooms and all property types in 38116 is $1,041.
Average rent
$1,041
Month-over-month change
-$149
Year-over-year change
-$254
Available rentals
68
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $499 to $1,895.
| Rent price | Number of rental properties |
|---|---|
| $0 | 1 |
| $500 | 1 |
| $600 | 3 |
| $700 | 15 |
| $800 | 7 |
| $900 | 8 |
| $1,000 | 5 |
| $1,100 | 7 |
| $1,200 | 7 |
| $1,300 | 6 |
| $1,400 | 3 |
| $1,500 | 3 |
| $1,600 | 5 |
| $1,700 | 2 |
| $1,800+ | 1 |
Average rent price over time
In the last year, rent has decreased by $254 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,200 | $1,190 |
| Feb | $1,195 | $1,190 |
| Mar | $1,250 | $1,145 |
| Apr | $1,295 | No data |
| May | $1,250 | No data |
| Jun | $1,235 | No data |
| Jul | $1,195 | No data |
| Aug | $1,145 | No data |
| Sep | $1,195 | No data |
| Oct | $1,184 | No data |
| Nov | $1,195 | No data |
| Dec | $1,206 | No data |
Market temperature
The 38116 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 38116 is 48% lower than the national average.
$1,041
$2,000
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Frequently asked questions
1. What is the average rent in 38116?
2. What is the average rent for a studio apartment in 38116?
3. What is the average rent for a one-bedroom apartment in 38116?
4. What is the average rent for a two-bedroom apartment in 38116?
5. What is the average rent for a three-bedroom apartment in 38116?
6. What is the average rent for a four-bedroom apartment in 38116?
7. How much does it cost to rent a house in 38116?
8. How has the rent in 38116 changed in the last year?
9. How much has the rent in 38116 increased/decreased in the last month?
10. How many available rentals are there in 38116?
11. How do rent prices in 38116 compare with the national average?
Nearby areas
