38340 rental market

What is the average rent in 38340?

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Last updated June 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in 38340 is $1,050.

Average rent

$1,050

Month-over-month change

+$225

Year-over-year change

-$329

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,050 to $1,500.

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Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,4001
$1,500+1

Average rent price over time

In the last year, rent has decreased by $329 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,500$1,500
Feb$825$1,500
Apr$1,650$1,500
May$900$1,350
Jun$1,500$1,050
Jul$1,350No data
Aug$1,600No data
Sep$1,650No data
Oct$850No data
Nov$850No data
Dec$1,480No data

Market temperature

The 38340 rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 38340 is 48% lower than the national average.

38340vs.

$1,050

$2,010

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Frequently asked questions

1. What is the average rent in 38340?

The average rent in 38340 is $1,050.

2. What is the average rent for a two-bedroom apartment in 38340?

The average rent for a two-bedroom apartment in 38340 is $1,050 per month.

3. How much does it cost to rent a house in 38340?

Houses in 38340 rent between $1,050 - $1,500 with an average rent of $1,050.

4. How has the rent in 38340 changed in the last year?

In the last year, the rent in 38340 decreased by $329

5. How much has the rent in 38340 increased/decreased in the last month?

In the last month, the rent in 38340 increased by $225

6. How many available rentals are there in 38340?

There are currently 2 rentals available in 38340.

7. How do rent prices in 38340 compare with the national average?

The average rent in 38340 is $1,050 — 47.76% lower the national average of $2,010.

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