Zip Code
Average Rent in 38016
38016 is a zip code in Memphis, TN-MS-AR MSA. It ranks #9 out of 62 for places to rent. 38016 is in
the state of
Tennessee, the county of
Shelby County, the congressional districts of
District 07, District 08, District 09 and the cities of
Lenow, Memphis. Dwellsy has rental data there are no sections, the neighborhood of
Berryhill and no rental communities in 38016.The average rent over the last 3 months for places in 38016 is $2,079 which represents an increase of 3.19% over the same period.
Rental Price Comparison
The average rent for places in zip 38016 currently stands at $2,079.
In comparison, places in the average state, specifically Tennessee, is less expensive, with an average rent of $1,554. This represents a difference of -25% when compared to 38016.
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 -33% 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 -11% when compared to the rent in 38016.
$2,079
38016
VS$1,554
-25%
TN, state
$1,388
-33%
Memphis, TN-MS-AR MSA, msa
$1,859
-11%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
