Zip Code
Average Rent in 38127
38127 is a zip code in Memphis, TN-MS-AR MSA. It ranks #49 out of 62 for places to rent. 38127 is in
the state of
Tennessee, the county of
Shelby County, the congressional district of
District 09 and 4 cities. Dwellsy has rental data there are no sections, the neighborhood of
Frayser and no rental communities in 38127.The average rent over the last 3 months for places in 38127 is $1,102 which represents an increase of 1.82% over the same period.
Rental Price Comparison
The average rent for places in zip 38127 currently stands at $1,102.
In comparison, places in the average state, specifically Tennessee, is more expensive, with an average rent of $1,554. This represents a difference of +41% when compared to 38127.
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 +26% 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 +69% when compared to the rent in 38127.
$1,102
38127
VS$1,554
+41%
TN, state
$1,388
+26%
Memphis, TN-MS-AR MSA, msa
$1,859
+69%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
