3 Days Ago
Highlights
- Spacious layout
- Large fenced backyard
Location
1316 E Raines Rd #1, Memphis, TN 38116, USA
Tour 1316 E Raines Rd #1
Contact
River City Asset Management
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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
High school nearby- Images available
- Laundry available on site
Great for
Pet owners
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 1316 E Raines Rd #1
MOVE IN SPECIAL, PICK ONE AND RECEIVE AFTER MOVE IN: 40 inch flat-screen TV Half off the second month's rent $250 Kroger gift card 3 Bed | 2 Bath | Spacious Layout Large fenced backyard + covered carport. Located on East Raines with easy access to shopping, schools, and major roads. Move-in ready and won't last long! REQUIREMENTS: -You must make 3X the rent amount & show proof of employment -Rental History -We do not accept any rental judgements, or any evictions within the last 5 years also we do not accept any bankruptcies within the last 5 years, and we do not accept any felonies on the background. Application Fee: $130.00 Administration Fee: $50.00 This home qualifies for Obligo, a deposit-free move-in option for approved renters. Instead of paying a traditional security deposit upfront, you can use Obligo, which provides the deposit coverage on your behalf. That means lower move-in costs and more cash in your pocket on day one, subject to approval" **Scam Warning Rivercity does not advertise on. We will never ask you to wire money or request funds through a payment app on your mobile device. You will be asked to bring a property reservation fee to our office location. Please exercise caution and reach out to us directly if you have any concerns or questions!!
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 1316 E Raines Rd, Memphis, TN 38116, USA compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 mile away
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- One or more rentals here have easy access to the outdoors
- Package service
- More secure storage for delivery
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 38116 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 1316 E Raines Rd #1 cost about 11% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Apr 25 2026.
Memphis
| Month | Median Rent |
|---|---|
| May 2024 | $1,398 |
| June 2024 | $1,397 |
| July 2024 | $1,399 |
| August 2024 | $1,398 |
| September 2024 | $1,407 |
| October 2024 | $1,396 |
| November 2024 | $1,395 |
| December 2024 | $1,395 |
| January 2025 | $1,395 |
| February 2025 | $1,395 |
| March 2025 | $1,408 |
| April 2025 | $1,415 |
| May 2025 | $1,436 |
| June 2025 | $1,443 |
| July 2025 | $1,424 |
| August 2025 | $1,399 |
| September 2025 | $1,367 |
| October 2025 | $1,338 |
| November 2025 | $1,314 |
| December 2025 | $1,301 |
| January 2026 | $1,295 |
| February 2026 | $1,295 |
| March 2026 | $1,299 |
| April 2026 | $1,342 |
Affordability calculator
Can I afford to live at 1316 E Raines Rd #1?
Bedrooms
3 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
$59,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $59,800 annually to afford this 3-bedrooms monthly rent price of $1,495.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 2 months ago | $1,595 | 3 bed | 2 bath | ||
| 3 months ago | $1,295 | 3 bed | 1.5 bath | ||
| 3 years ago | $1,295 | 3 bed | 1.5 bath | ||
| 9 years ago | $795 | 3 bed | 1.5 bath | ||
| 10 years ago | $775 | 3 bed | 1.5 bath | ||
| 10 years ago | $825 | 3 bed | 1.5 bath | ||
| 10 years ago | $825 | 3 bed | 1.5 bath |
Schools near 1316 E Raines Rd #1
Robert R. Church Elementary School
4100 millbranch rd
memphis, TN, 38116
PK, K-5Public
C-
Westhaven Elementary School
4585 hodge rd
memphis, TN, 38109
PK, K-5Public
C-
Geeter School
4649 horn lake rd
memphis, TN, 38109
PK, K-8Public
C-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
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Internet available near 1316 E Raines Rd #1
Getting around Memphis near 1316 E Raines Rd #1
Walking
6/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
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 1316 E Raines Rd #1, Memphis
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
Other units at this address
1316 E Raines Rd, Memphis, TN
1316 E Raines Rd Memphis, TN
Occupied
3 Beds, 3.5 Baths
3 Beds
3.5 Baths
$825
Occupied
3 Beds, 1.5 Baths
3 Beds
1.5 Baths
$1,295
Outdoor Space • On-Site Laundry • In-Unit Laundry
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