38118 rental market

What is the average rent in 38118?

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Last updated June 21, 2026

Rental market summary

The average rent for all bedrooms and all property types in 38118 is $1,200.

Average rent

$1,200

Month-over-month change

$0

Year-over-year change

-$50

Available rentals

123

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $150 to $1,895.

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Rent frequencies
Rent priceNumber of rental properties
$04
$5001
$6001
$7004
$8008
$90012
$1,00019
$1,10020
$1,20018
$1,30019
$1,40016
$1,5008
$1,6005
$1,800+1

Average rent price over time

In the last year, rent has decreased by $50 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,185$1,225
Feb$1,235$1,225
Mar$1,250$1,223
Apr$1,250$1,225
May$1,307$1,200
Jun$1,250$1,225
Jul$1,245No data
Aug$1,250No data
Sep$1,245No data
Oct$1,250No data
Nov$1,245No data
Dec$1,200No 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.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 38118 is 40% lower than the national average.

38118vs.

$1,200

$2,015

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Frequently asked questions

1. What is the average rent in 38118?

The average rent in 38118 is $1,200.

2. What is the average rent for a studio apartment in 38118?

The average rent for a studio apartment in 38118 is $150 per month.

3. What is the average rent for a one-bedroom apartment in 38118?

The average rent for a one-bedroom apartment in 38118 is $652 per month.

4. What is the average rent for a two-bedroom apartment in 38118?

The average rent for a two-bedroom apartment in 38118 is $930 per month.

5. What is the average rent for a three-bedroom apartment in 38118?

The average rent for a three-bedroom apartment in 38118 is $1,259 per month.

6. What is the average rent for a four-bedroom apartment in 38118?

The average rent for a four-bedroom apartment in 38118 is $1,420 per month.

7. How much does it cost to rent a house in 38118?

Houses in 38118 rent between $150 - $1,895 with an average rent of $1,200.

8. How has the rent in 38118 changed in the last year?

In the last year, the rent in 38118 decreased by $50

9. How much has the rent in 38118 increased/decreased in the last month?

In the last month, the rent in 38118 did not change.

10. How many available rentals are there in 38118?

There are currently 123 rentals available in 38118.

11. How do rent prices in 38118 compare with the national average?

The average rent in 38118 is $1,200 — 40.45% lower the national average of $2,015.

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