Updated 5+ Days Ago
Highlights
- New flooring
- All appliances
Location
1074 Palmetto Ave #1074, Memphis, TN 38107, USA
Tour 1074 Palmetto Ave #1074
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One-time. Refundable.
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About 1074 Palmetto Ave #1074
Property Status: Active Welcome to this cozy 1Bed 1Bath unit in North Memphis! You'll appreciate the convivence of the nearby interstate and the proximity to the amenities of Crosstown/Downtown. The unit comes fully equip with all appliances and upgrades consisting of new flooring, fresh paint, brand new light fixtures, and more! CALL FOR A SHOWING TODAY! $50 Application Fee per applicant. Pets are negotiable. Security Deposit is $875. SECTION 8 WELCOMED! Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 1074 Palmetto Ave #1074 compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 401 sqft larger than other listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 mile away
Address details
| Zip code | 38107 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Memphis
1-bedroom apartments at 1074 Palmetto Ave #1074 cost about 5% less than the average rent price for 1-bedroom apartments in Memphis.
Median rents as of Sep 12 2026.
Memphis
| Month | Median Rent |
|---|---|
| September 2024 | $1,090 |
| October 2024 | $1,067 |
| November 2024 | $1,060 |
| December 2024 | $1,059 |
| January 2025 | $1,070 |
| February 2025 | $1,035 |
| March 2025 | $1,016 |
| April 2025 | $996 |
| May 2025 | $995 |
| June 2025 | $995 |
| July 2025 | $968 |
| August 2025 | $989 |
| September 2025 | $962 |
| October 2025 | $964 |
| November 2025 | $978 |
| December 2025 | $970 |
| January 2026 | $943 |
| February 2026 | $949 |
| March 2026 | $926 |
| April 2026 | $900 |
| May 2026 | $898 |
| June 2026 | $896 |
| July 2026 | $887 |
| August 2026 | $893 |
| September 2026 | $908 |
Affordability calculator
Can I afford to live at 1074 Palmetto Ave #1074?
Bedrooms
1 bedroomRent-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
$35,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,000 annually to afford this 1-bedroom monthly rent price of $875.
For more information on rent affordability, visit our rent calculator.
Schools near 1074 Palmetto Ave #1074
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
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Internet available near 1074 Palmetto Ave #1074
Getting around Memphis near 1074 Palmetto Ave #1074
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1074 Palmetto Ave #1074, Memphis
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
4/10
Variety of shops within a short drive
Cafes
3/10
Some cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
6/10
Wide variety of bars within a short drive, including some within walking distance
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