Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Central heat & air
  • Hard surface flooring throughout
  • Bright and spacious living area
  • Large fenced backyard

Location

1229 Neptune St #1, Memphis, TN 38106, USA

Tour 1229 Neptune St #1

Contact

Foundation Property Management LLC

(844) 326-5877 ext. 7486

Property Overview

Central heat and air, hard-surface flooring throughout, and a bright, spacious living area combine with a large fenced backyard to create a comfortable and functional home. Strong nearby school options, a relatively high value per square foot in the area, and above-average photo coverage online add to the appeal. Pet-friendliness is supported by a nearby pet supply store and the fenced outdoor space.

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
  • High school nearby
  • More space

Great for

  • Pet owners

Amenities for 1229 Neptune St #1

Features

Central HeatHeating
MirrorsWindow Coverings

Tech

Climate Control

Community

Cats OKDogs OK
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 1229 Neptune St #1

HomeHouses in Memphis 1229 Neptune St #1, Memphis, TN 38106, USA

Discover this beautiful, move-in-ready home, proudly presented by FPM, where style and comfort come together. Welcome to 1229 Neptune Street, Memphis, TN 38106! Home Features: - Hard surface flooring throughout - Bright and spacious living area - Modern kitchen with large shaker cabinets - Central Heat & Air - Large fenced backyard - Conveniently located Memphis Delta Preparatory Charter School and LeMoyne-Owen College. 1229 Neptune Street is also close to local restaurants, parks, retail establishments, and major highways. Ready to make it yours? Visit our website now to schedule a tour or view more available properties! FPM Website: https foundationpm com rental-search


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 1229 Neptune St #1 compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.2 mile away
High school nearby
There is a high school 0.4 mile away
More space
The 4-bedroom is 244 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address

Address details

Zip code38106
TypeHouse for rent

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Rent trends in Memphis

4-bedroom apartments at 1229 Neptune St #1 cost about the same as the average rent price for 4-bedroom apartments in Memphis.

Median rents as of Apr 25 2026.
Memphis
A table of 4-bedroom apartment rental data trends in Memphis
MonthMedian Rent
May 2024$1,696
June 2024$1,687
July 2024$1,688
August 2024$1,695
September 2024$1,695
October 2024$1,713
November 2024$1,734
December 2024$1,745
January 2025$1,783
February 2025$1,742
March 2025$1,754
April 2025$1,750
May 2025$1,743
June 2025$1,703
July 2025$1,697
August 2025$1,695
September 2025$1,702
October 2025$1,659
November 2025$1,664
December 2025$1,650
January 2026$1,650
February 2026$1,610
March 2026$1,611
April 2026$1,650

Affordability calculator

Can I afford to live at 1229 Neptune St #1?

Bedrooms

4+ bedrooms

Rent-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

$66,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 4-bedrooms monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.

Schools near 1229 Neptune St #1

Ida B. Wells Academy

995 s lauderdale st

memphis, TN, 38126

K-8Public
C-

Hamilton School

1478 wilson st

memphis, TN, 38106

PK, K-8Public
C-

Alcy Elementary

1750 e alcy rd

memphis, TN, 38114

PK, K-5Public
C-

Exceptional Children Special Placements

160 s hollywood

memphis, TN, 38112

PK, K-12Public

University of Memphis - University Campus School

535 zach curlin

memphis, TN, 38152

K-5Public
A-
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Internet available near 1229 Neptune St #1

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Memphis near 1229 Neptune St #1

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1229 Neptune St #1, Memphis

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

5/10
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

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

5/10
Moderate amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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