38118 rental market
Last updated August 11, 2025
Rental market summary
The average rent for 2 bedroom properties in 38118 is $850.
$850
-$40
-$75
24
Source: Zillow Rentals data
Rental price range
The price range for 2 bedroom properties is $695 to $1,125.
| Rent price | Number of rental properties |
|---|---|
| $600 | 1 |
| $700 | 4 |
| $800 | 11 |
| $900 | 8 |
| $1,000 | 1 |
| $1,100+ | 1 |
Average rent price over time
In the last year, rent has decreased by $75 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $925 | $895 |
| Feb | $950 | $875 |
| Mar | $875 | $850 |
| Apr | $886 | $895 |
| May | $935 | $925 |
| Jun | $925 | $950 |
| Jul | $900 | $925 |
| Aug | $975 | $850 |
| Sep | $900 | No data |
| Oct | $900 | No data |
| Nov | $895 | No data |
| Dec | $900 | No data |
Market temperature
The 38118 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 38118 is 55% lower than the national average.
$850
$1,895
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Rent trends near 38118
Frequently asked questions
1. What is the average rent in 38118?
The average rent in 38118 is $1,242.
2. How much does it cost to rent a house in 38118?
Houses in 38118 rent between $695 - $1,800 with an average rent of $1,242.
3. How has the rent in 38118 changed in the last year?
In the last year, the rent in 38118 increased by $2
4. How much has the rent in 38118 increased/decreased in the last month?
In the last month, the rent in 38118 increased by $9
5. How many available rentals are there in 38118?
There are currently 105 rentals available in 38118.
6. How do rent prices in 38118 compare with the national average?
The average rent in 38118 is $1,242 — Infinity% higher the national average of $0.