Zip Code
Average Rent in 38116
38116 is a zip code in Memphis, TN-MS-AR MSA. It ranks #46 out of 62 for places to rent. 38116 is in
the state of
Tennessee, the county of
Shelby County, the congressional district of
District 09 and the cities of
Memphis, Scaife. Dwellsy has rental data there are no sections, the neighborhood of
Whitehaven and no rental communities in 38116.The average rent over the last 3 months for places in 38116 is $1,168 which represents a decrease of -11.81% over the same period.
Rental Price Comparison
The average rent for places in zip 38116 currently stands at $1,168.
In comparison, places in the average state, specifically Tennessee, is more expensive, with an average rent of $1,554. This represents a difference of +33% when compared to 38116.
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 more expensive of +19% 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 +59% when compared to the rent in 38116.
$1,168
38116
VS$1,554
+33%
TN, state
$1,388
+19%
Memphis, TN-MS-AR MSA, msa
$1,859
+59%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
