Zip Code
Average Rent in 38002
38002 is a zip code in Memphis, TN-MS-AR MSA. It ranks #4 out of 62 for places to rent. 38002 is in
the state of
Tennessee, the counties of
Fayette County, Shelby County, the congressional districts of
District 08, District 09 and 7 cities. Dwellsy has rental data there are no sections, no neighborhoods and no rental communities in 38002.The average rent over the last 3 months for places in 38002 is $2,317 which represents an increase of 5.07% over the same period.
Rental Price Comparison
The average rent for places in zip 38002 currently stands at $2,317.
In comparison, places in the average state, specifically Tennessee, is less expensive, with an average rent of $1,554. This represents a difference of -33% when compared to 38002.
Meanwhile, in the average msa of Memphis, TN-MS-AR MSA, the average rent for the same type of housing is $1,388, showing a less expensive of -40% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,859. This constitutes a less expensive by -20% when compared to the rent in 38002.
$2,317
38002
VS$1,554
-33%
TN, state
$1,388
-40%
Memphis, TN-MS-AR MSA, msa
$1,859
-20%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
