Zip Code

Average Rent in 38053

38053 is a zip code in Memphis, TN-MS-AR MSA. It ranks #32 out of 62 for places to rent. 38053 is in
the state of
Tennessee,
the counties of
Shelby County, Tipton County,
the congressional districts of
District 08, District 09 and 14 cities. Dwellsy has rental data there are no sections, no neighborhoods and no rental communities in 38053.
The average rent over the last 3 months for places in 38053 is $1,451 which represents a decrease of -5.46% over the same period.

Rental Price Comparison

The average rent for places in zip 38053 currently stands at $1,451.
In comparison, places in the average state, specifically Tennessee, is more expensive, with an average rent of $1,554. This represents a difference of +7% when compared to 38053.
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 -4% 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 more expensive by +28% when compared to the rent in 38053.
$1,451
38053
VS
$1,554
+7%
TN, state
$1,388
-4%
Memphis, TN-MS-AR MSA, msa
$1,859
+28%
USA, us

Average price for rental listings over the last 3 months. Last updated May 31 2026