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Apartments for rent in or near zip code 38116

49 Properties

Memphis Apartment Options

Avg. RentAnnual Change
Studio - $1,362+10%
1 Bed - $1,001+6%
2 Beds - $1,085+3%
Last updated 3/29/2023

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Overview of Zip Code 38116 Apartments For Rent

The 38116 zip code has a total population of 42,057 with a population density of 2,562 people per square mile and a median age of 34. 19,637 are males, accounting for 46.69% of the population and 22,420 are women accounting for 53.31% of the population. There are 207 apartments for rent in 38116 zip code. The 38116 zip code area is part of Memphis, TN which is in Shelby County. Of the 15,508 housing units in the 16.42 square mile area, 4,072 are households with children while 11,436 are households without children. The median household income is $39,403.

The average apartment rent in the 38116 zip code is $1,125 per month. There are a number of schools in the area including Desoto County Schools, Shelby County Schools, and Achievement School District available to the local residents. The area also has a transit score of 0, bike score of 42 and walk score of 37 which makes it mostly a bike-oriented area to live in.

Several businesses are based out of the 38116 zip code such as Coleman's BBQ, China Inn Restaurant, and Cocina Mexicana. The area is also home to parks, such as Elvis Presley Boulevard RV Park, Graceland Meditation Garden And Cemetery, and MEM Sculpture Garden.

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