5+ Days Ago
Highlights
Pet Friendly
- Conveniently located
- Central heating and air conditioning
- Ample off-street parking
- New flooring
- Modernized bathroom
Location
1040 S Highland St, Memphis, TN 38111, USA
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Property Overview
Conveniently located with central heating and air conditioning, ample off-street parking, new flooring, and a modernized bathroom, this home also offers nearby public transit and a top-rated middle school within a short distance. It may appeal to those who value pet-friendly living, with outdoor spaces and several nearby pet grooming, hospital, and supply options.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Laundry available on site
Great for
Pet owners
Amenities for 1040 S Highland St
Features
| Air Conditioning | Central Heat |
| Forced Air | Freezer |
| Hardwood Floor | Washer/Dryer Hookups |
Appliances
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Tech
| Alarm System | Cable Ready |
Community
| Cats OK | Controlled Building |
| Dogs OK | Onsite Laundry |
| Security Cameras |
Grounds
| Garage Parking | Lawn |
| Off-Street Parking | Outdoor Space |
Neighborhood
| Near Parks |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 1040 S Highland St
Property Id: 2597392 Renovated rental located at 1040 S Highland, just minutes from the University of Memphis. This updated home features fresh paint, new flooring, and a modernized bathroom, offering a clean and comfortable living space. The kitchen includes a refrigerator, and the home comes with a washer and dryer for added convenience. Central heating and air conditioning provide year-round comfort. The layout is functional and well-maintained, ideal for students or professionals seeking a move-in ready home near campus. Outside, the property offers a large separate driveway with ample off-street parking. Conveniently located near the University of Memphis, shopping, dining, and major roadways, this property combines comfort, accessibility, and recent updates in a highly desirable area.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1040 S Highland St compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Zip code | 38111 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
2-bedroom apartments at 1040 S Highland St cost about 21% more than the average rent price for 2-bedroom apartments in Memphis.
Median rents as of Jun 13 2026.
Memphis
| Month | Median Rent |
|---|---|
| June 2024 | $1,070 |
| July 2024 | $1,081 |
| August 2024 | $1,107 |
| September 2024 | $1,164 |
| October 2024 | $1,125 |
| November 2024 | $1,150 |
| December 2024 | $1,146 |
| January 2025 | $1,151 |
| February 2025 | $1,111 |
| March 2025 | $1,107 |
| April 2025 | $1,106 |
| May 2025 | $1,104 |
| June 2025 | $1,095 |
| July 2025 | $1,091 |
| August 2025 | $1,096 |
| September 2025 | $1,096 |
| October 2025 | $1,073 |
| November 2025 | $1,050 |
| December 2025 | $1,026 |
| January 2026 | $1,012 |
| February 2026 | $1,014 |
| March 2026 | $999 |
| April 2026 | $991 |
| May 2026 | $977 |
| June 2026 | $983 |
Affordability calculator
Can I afford to live at 1040 S Highland St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 2-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Schools near 1040 S Highland St
Sherwood Elementary School
1156 robinhood ln
memphis, TN, 38111
PK, K-5Public
C-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Parkway Village Elementary School
3000 claudette rd
memphis, TN, 38118
PK, K-5Public
C-
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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Internet available near 1040 S Highland St
Neighborhood
Getting around Memphis near 1040 S Highland St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1040 S Highland St, Memphis
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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