Zip Code
Average Rent in 38068
38068 is a zip code in Memphis, TN-MS-AR MSA. It ranks #16 out of 62 for places to rent. 38068 is in
the state of
Tennessee, the county of
Fayette County, the congressional district of
District 08 and 11 cities. Dwellsy has rental data there are no sections, no neighborhoods and no rental communities in 38068.The average rent over the last 3 months for places in 38068 is $1,963 which represents an increase of 8.52% over the same period.
Rental Price Comparison
The average rent for places in zip 38068 currently stands at $1,963.
In comparison, places in the average state, specifically Tennessee, is less expensive, with an average rent of $1,554. This represents a difference of -21% when compared to 38068.
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 -29% 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 -5% when compared to the rent in 38068.
$1,963
38068
VS$1,554
-21%
TN, state
$1,388
-29%
Memphis, TN-MS-AR MSA, msa
$1,859
-5%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026