Updated 2 Hours Ago
Location
1340 S Prescott St, Memphis, TN 38111, USA
Tour 1340 S Prescott St
Contact
4 Success Realty
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Amenities for 1340 S Prescott St
Appliances
| Range |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
About 1340 S Prescott St
Now Available from 4 Success Realty and Property Management! 1340 S Prescott Ave Memphis, TN 38111 Rent: $1,300 Welcome home to this charming 3-bedroom, 2-bathroom home featuring a spacious formal living room, a renovated kitchen, and a cozy breakfast area perfect for everyday dining. Enjoy the convenience of washer and dryer connections, central heating, window air conditioning units, and two-car covered parking. With a functional layout and comfortable living spaces, this home is ready for you to make it your own! Professionally Managed by 4 Success Realty and Property Management LLC RENTAL APPLICANT REQUIREMENTS To qualify for a rental property, applicants must meet the following requirements: • Income: Gross monthly household income must be at least 2.5 times the monthly rent. • Evictions: No evictions within the past 2 years. Evictions must be at least 2 years old to be considered. • Bankruptcy: No bankruptcies within the past 2 years. Bankruptcies must be at least 2 years old to be considered. • Criminal History: No felony convictions. • Rental History: A verifiable rental reference from a current or previous landlord is required. • Application Fee: A $60 non-refundable application fee is required for each applicant age 18 and older. • Screening: All applicants are subject to the company’s application and screening process. Additional documentation may be required to verify income, rental history, and other qualifying information Professionally Managed by: 4 Success Realty and Property Management 7700 Poplar Pike Germantown, TN 38138 9016838229
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 1340 S Prescott St compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 miles away
- More space
- The 3-bedroom is 515 sqft larger than other listings nearby
- Public transit nearby
- Only 0.7 miles from transit
- Images Available
- There are at least 10 photos of this property
Address details
| Zip code | 38111 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 1340 S Prescott St cost about 4% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 17 2026.
Memphis
| Month | Median Rent |
|---|---|
| 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 |
| May 2026 | $1,368 |
| June 2026 | $1,374 |
| July 2026 | $1,362 |
| August 2026 | $1,350 |
| September 2026 | $1,350 |
| October 2026 | $1,350 |
Affordability calculator
Can I afford to live at 1340 S Prescott St?
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
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 3-bedrooms monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.
Schools near 1340 S Prescott 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-
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Neighborhood
Getting around Memphis near 1340 S Prescott St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Points of interest for 1340 S Prescott St, Memphis
Groceries
8/10
The nearest general grocery store is within a 10-minute walk, and there are also a few specialist food stores nearby.
Shopping
4/10
Some fashion stores are within walking distance.
Cafes
4/10
The closest café is within a 15-minute walk, and there are a few other cafés within walking distance.
Restaurants
5/10
Some restaurants are within walking distance.
Primary schools
7/10
The closest elementary school is within a 10-to-15-minute walk.
High schools
3/10
The closest high school is within a 20-to-30-minute walk.
Parks
6/10
Few parks in the area.
Nightlife
3/10
The closest bar is within a 10-minute walk, and there are a few other bars within walking distance.
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