38120 rental market

Choose another area

Last updated August 23, 2025

Rental market summary

The average rent for 2 bedroom properties in 38120 is $1,300.

Average rent

$1,300

Month-over-month change

+$185

Year-over-year change

-$95

Available rentals

5

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $995 to $2,171.

Rent frequencies
Rent priceNumber of rental properties
$9001
$1,1001
$1,2001
$1,3002
$1,600+1

Average rent price over time

In the last year, rent has decreased by $95 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,200$1,395
Feb$1,100$1,681
Mar$1,100$1,385
Apr$1,210$1,500
May$1,350$1,425
Jun$1,788$1,190
Jul$1,700$1,184
Aug$1,395$1,115
Sep$1,395No data
Oct$1,330No data
Nov$1,350No data
Dec$1,315No data

Market temperature

The 38120 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 38120 is 31% lower than the national average.

38120vs.

$1,300

$1,895

Rent in 38120

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 38120?

The average rent in 38120 is $2,100.

2. How much does it cost to rent a house in 38120?

Houses in 38120 rent between $975 - $7,900 with an average rent of $2,100.

3. How has the rent in 38120 changed in the last year?

In the last year, the rent in 38120 increased by $350

4. How much has the rent in 38120 increased/decreased in the last month?

In the last month, the rent in 38120 decreased by $150

5. How many available rentals are there in 38120?

There are currently 40 rentals available in 38120.

6. How do rent prices in 38120 compare with the national average?

The average rent in 38120 is $2,100 — Infinity% higher the national average of $0.