4 Days Ago
Highlights
Pet Friendly
Location
108 Penny Lane, Martin, Tennessee 38237, United States
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Property Overview
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
More space- Images Available
- Outdoor space
Great for
Social life
Pet owners
Work-from-home
Amenities for 108 Penny Lane
Apartment Amenities
| Carpet | Forced Air |
| Freezer | Linoleum Vinyl |
| Utilities Included | Washer/Dryer Hookups |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Tech
| Cable Ready | Wired For Internet |
Building
| Cats OK | Dogs OK |
Grounds
| 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?
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About 108 Penny Lane
Property Id: 1494452 Beautifully updated 2 bedroom, 1.5 bath townhome nestled in a quiet neighborhood surrounded by open farm fields and a nearby park. Located at the end of the street, you'll have a private oasis with limited neighbors. New flooring and carpet, paint and fixtures throughout the entire unit. The kitchen has updated stainless steel appliances and new countertops. Washer and dryer are provided. Utilities are paid by the tenant. Rent is $1200/month on a 1 year lease, $1250/month on a 6 month lease & $1300/month on a month-to-month lease. Security deposit is $1200. Pets are welcome on approval! Pet fee is $50/pet per month. Application fee is $55 per applicant.
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 108 Penny Lane compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 135 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from high schools
- The nearest high school is farther than 4 miles away
Address details
| Zip code | 38237 |
|---|---|
| Type | House for rent |
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Rent trends in Martin
2-bedroom apartments at 108 Penny Lane cost about 33% more than the average rent price for 2-bedroom apartments in Martin.
Median rents as of Dec 6 2025.
Martin
| Month | Median Rent |
|---|---|
| December 2023 | $787 |
| January 2024 | $750 |
| February 2024 | $856 |
| March 2024 | $775 |
| April 2024 | $843 |
| May 2024 | $896 |
| June 2024 | $852 |
| July 2024 | $862 |
| August 2024 | $872 |
| September 2024 | $881 |
| October 2024 | $881 |
| November 2024 | $875 |
| December 2024 | $853 |
| January 2025 | $840 |
| February 2025 | $828 |
| March 2025 | $804 |
| April 2025 | $822 |
| May 2025 | $880 |
| June 2025 | $875 |
| July 2025 | $895 |
| August 2025 | $837 |
| September 2025 | $810 |
| October 2025 | $848 |
| November 2025 | $878 |
| December 2025 | $900 |
Affordability calculator
Can I afford to live at 108 Penny Lane?
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 108 Penny Lane
Martin Elementary School
300 south college st
martin, TN, 38237
3-5Public
A-
Martin Primary School
215 south college st
martin, TN, 38237
PK, K-2Public
A-
Sharon School
254 north woodlawn dr
sharon, TN, 38255
PK, K-8Public
A-
Dresden Elementary School
759 linden st
dresden, TN, 38225
PK, K-4Public
A-
Greenfield School
319 west main st
greenfield, TN, 38230
PK, K-12Public
B
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Internet available near 108 Penny Lane
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Martin near 108 Penny Lane
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
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.
Points of interest for 108 Penny Lane, Martin
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
2/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
1/10
Few or no bars within walking distance
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