5+ Days Ago
Highlights
- Hardwood flooring
- Hardwood flooring and paint
- Fresh paint and hardwood flooring
Location
1397 Michigan St, Memphis, TN 38106, USA
Tour 1397 Michigan St
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Amenities for 1397 Michigan St
Apartment Amenities
| Hardwood Floor |
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
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About 1397 Michigan St
Property Status: Active This 3-bedroom, 2-bathroom home is perfect for a family ready to create lasting memories. Hardwood flooring and fresh paint. Ideal for those beginning their journey together. Office Phone: (901) 701-1064 Copyright © 2025 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 1397 Michigan St compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 mile away
Address details
| Zip code | 38106 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 1397 Michigan St cost about 7% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 18 2025.
Memphis
| Month | Median Rent |
|---|---|
| November 2023 | $1,368 |
| December 2023 | $1,368 |
| January 2024 | $1,355 |
| February 2024 | $1,350 |
| March 2024 | $1,378 |
| April 2024 | $1,397 |
| 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 | $1,341 |
Affordability calculator
Can I afford to live at 1397 Michigan 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
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 3-bedrooms monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.
Schools near 1397 Michigan St
Riverview Middle School
241 majuba ave
memphis, TN, 38109
PK, K-8Public
C-
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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Internet available near 1397 Michigan St
Getting around Memphis near 1397 Michigan St
Walking
4/10
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
This is semi-bikeable, but you’ll need another way of getting around.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 1397 Michigan St, Memphis
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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