38115 rental market

What is the average rent in 38115?

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Last updated June 21, 2026

Rental market summary

The average rent for all bedrooms and all property types in 38115 is $1,295.

Average rent

$1,295

Month-over-month change

+$20

Year-over-year change

-$20

Available rentals

108

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $581 to $7,945.

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Rent frequencies
Rent priceNumber of rental properties
$6001
$7002
$80012
$90019
$1,00015
$1,1007
$1,2009
$1,30011
$1,40012
$1,50010
$1,60011
$1,7005
$1,8002
$1,9002
$2,0002
$5,000+1

Average rent price over time

In the last year, rent has decreased by $20 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,350$1,275
Feb$1,350$1,285
Mar$1,385$1,251
Apr$1,350$1,245
May$1,335$1,235
Jun$1,350$1,195
Jul$1,300No data
Aug$1,341No data
Sep$1,314No data
Oct$1,250No data
Nov$1,295No data
Dec$1,285No 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 36% lower than the national average.

38115vs.

$1,295

$2,015

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Frequently asked questions

1. What is the average rent in 38115?

The average rent in 38115 is $1,295.

2. What is the average rent for a studio apartment in 38115?

The average rent for a studio apartment in 38115 is $604 per month.

3. What is the average rent for a one-bedroom apartment in 38115?

The average rent for a one-bedroom apartment in 38115 is $854 per month.

4. What is the average rent for a two-bedroom apartment in 38115?

The average rent for a two-bedroom apartment in 38115 is $995 per month.

5. What is the average rent for a three-bedroom apartment in 38115?

The average rent for a three-bedroom apartment in 38115 is $1,397 per month.

6. What is the average rent for a four-bedroom apartment in 38115?

The average rent for a four-bedroom apartment in 38115 is $3,780 per month.

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

Houses in 38115 rent between $581 - $7,945 with an average rent of $1,295.

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

In the last year, the rent in 38115 decreased by $20

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

In the last month, the rent in 38115 increased by $20

10. How many available rentals are there in 38115?

There are currently 108 rentals available in 38115.

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

The average rent in 38115 is $1,295 — 35.73% lower the national average of $2,015.

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