38117 rental market

What is the average rent in 38117?

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Last updated June 21, 2026

Rental market summary

The average rent for all bedrooms and all property types in 38117 is $1,572.

Average rent

$1,572

Month-over-month change

-$23

Year-over-year change

-$123

Available rentals

97

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $650 to $4,600.

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Rent frequencies
Rent priceNumber of rental properties
$6001
$8001
$9001
$1,0001
$1,1004
$1,20013
$1,3009
$1,40013
$1,50019
$1,60012
$1,7005
$1,8004
$1,9006
$2,0008
$2,1003
$2,2003
$2,3001
$2,4001
$2,5001
$2,7002
$2,8001
$2,9002
$3,3001
$3,4002
$3,5001
$4,2001
$4,5001
$4,600+1

Average rent price over time

In the last year, rent has decreased by $123 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,495$1,575
Feb$1,446$1,520
Mar$1,595$1,600
Apr$1,600$1,650
May$1,595$1,595
Jun$1,620$1,595
Jul$1,645No data
Aug$1,550No data
Sep$1,593No data
Oct$1,595No data
Nov$1,600No data
Dec$1,595No data

Market temperature

The 38117 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 38117 is 22% lower than the national average.

38117vs.

$1,572

$2,015

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Frequently asked questions

1. What is the average rent in 38117?

The average rent in 38117 is $1,572.

2. What is the average rent for a one-bedroom apartment in 38117?

The average rent for a one-bedroom apartment in 38117 is $650 per month.

3. What is the average rent for a two-bedroom apartment in 38117?

The average rent for a two-bedroom apartment in 38117 is $1,299 per month.

4. What is the average rent for a three-bedroom apartment in 38117?

The average rent for a three-bedroom apartment in 38117 is $1,545 per month.

5. What is the average rent for a four-bedroom apartment in 38117?

The average rent for a four-bedroom apartment in 38117 is $1,848 per month.

6. How much does it cost to rent a house in 38117?

Houses in 38117 rent between $650 - $4,600 with an average rent of $1,572.

7. How has the rent in 38117 changed in the last year?

In the last year, the rent in 38117 decreased by $123

8. How much has the rent in 38117 increased/decreased in the last month?

In the last month, the rent in 38117 decreased by $23

9. How many available rentals are there in 38117?

There are currently 97 rentals available in 38117.

10. How do rent prices in 38117 compare with the national average?

The average rent in 38117 is $1,572 — 21.99% lower the national average of $2,015.

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