
Apartments for Rent in the 38103 ZIP Code of Memphis, TN (283 Rentals)


South Junction Apartments

Indigo Riverview

Gayoso House

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Orleans Station

The Oliver Luxury Apartments

Total Monthly Price
The Landing Residences

Total Monthly Price
The Rise Apartments

The Tennessee Brewery Apartments

South Line at Central Station
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Downtown Memphis Flats

South Bluffs Apartments

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Riverset Apartments

Total Monthly Price
Lofts at Union Alley

The Commonwealth

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Court Square Apartments

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Metro67

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The Chisca

Arbors Harbor Town

Grand Island Apartments
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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Fielder Square

Belle Harbour Apartments

628 Madison Ave

The Estates at River Pointe

266 Lofts

Number 10 Main

Island Park/Harbor Town Square

Museum Lofts

Lofts at Merchant Row

Pressbox Lofts
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

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505 S Main St, Unit 505 South Main #202

62 N Main St, Unit Spanish Court Square Apartments - 1 Bedroom

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263 S Main St, Unit SI FL2-ID1608478P

62 N Main St, Unit Court Square Apartments - 3 Bedroom

62 N Main St, Unit Court Square Apartments - 2 Bedroom

62 N Main St, Unit Court Square Apartments - 1 Bedroom

721 Litty Ct

Claridge House Condominiums

Harbor Town Square

Exchange Building
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Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

Riverbluff

The Lofts at South Bluffs

River Tower at South Bluffs

Riverside 648

Rivertown on the Island

100 N. Main

Court Annex 2

The Shrine Building

10 Main St

66 S Front St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Memphis, TN Local Guide

How much does it cost to rent an apartment in 38103?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38103 Studio Apartments | $1,242 | $560 | $4,989 |
| 38103 1 Bedroom Apartments | $1,370 | $450 | $5,057 |
| 38103 2 Bedroom Apartments | $1,882 | $725 | $7,706 |
| 38103 3 Bedroom Apartments | $2,483 | $995 | $3,664 |
Browse Apartments in the 38103 Zip Code of Memphis
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Frequently Asked Questions about the 38103 ZIP Code
What is the current pricing and availability for apartments for rent in the 38103 ZIP Code?
As of today, August 27, 2026, there are currently 283 available 38103 apartments priced from $450 to $7,706, with an average monthly rent of $1,654.
How much are Studio apartments in 38103?
There are currently 112 Studio Apartments in 38103 with rent ranges from $560 to $4,989 with an average price of $1,242.
What is the current price range for One Bedroom 38103 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 38103 ranges from $450 to $5,057 with an average monthly rent of $1,370.
What does renting a Two Bedroom Apartment in 38103 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 38103 range from $725 to $7,706. Today's average rental price for Two Bedrooms here is $1,882.
How expensive are 38103 Three Bedroom Apartments?
There are currently 44 Three Bedroom Apartments listings available in 38103 on ApartmentHomeLiving.com. The pricing ranges from $995 to $3,664 - averaging $2,483 for the location.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
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I'm Josh, your ApartmentHomeLiving.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.