Updated 2 Days Ago
Highlights
- Covered front porch
- Easy access
Location
1565 Rayburn St, Memphis, TN 38106, USA|South Third and Parkway
Tour 1565 Rayburn St
Contact
Nearby rentals
Property management
Apartments for rent MemphisApartments for rent CordovaApartments for rent SouthavenApartments for rent Olive BranchApartments for rent BartlettApartments for rent OaklandApartments for rent ArlingtonApartments for rent Alliance of Cordova NeighborhoodsApartments for rent RichwoodApartments for rent Horn LakeApartments for rent Cordova RidgeApartments for rent Gray's CreekApartments for rent Concerned Citizens of Walnut GroveApartments for rent Pinnacle PointApartments for rent ColliervilleApartments Near Me
Houses for rent MemphisHouses for rent BartlettHouses for rent GermantownHouses for rent TrumannHouses for rent CordovaHouses for rent HernandoHouses for rent SouthavenHouses for rent Park PlaceHouses for rent Tunica ResortsHouses for rent BriarwoodHouses for rent DrummondsHouses for rent ArlingtonHouses for rent OaklandHouses for rent WaynokaHouses for rent CovingtonHouses for rent near me
Amenities for 1565 Rayburn St, South Third and Parkway
Features
| Air Conditioning | Ceiling Fan |
| Central Heat | Dryer |
| Heating | Laminate Counter Tops |
| Pantry | Vinyl Flooring |
| Walk-in Closet | Washer |
| Window Coverings |
Appliances
| In-Unit Laundry | Range |
| Refrigerator |
Community
| Handrails | Smoke-free |
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
Questions about this property’s policies and fees?
About 1565 Rayburn St
1565 Rayburn Street is a recently renovated 3-bedroom home in the heart of South Memphis. This move-in-ready residence offers modern updates throughout, including new flooring, updated electrical and plumbing systems, thermal windows, and newer appliances. The home features a comfortable layout, a covered front porch, and easy access to Downtown Memphis, schools, shopping, parks, and major transportation routes. Whether you're looking for a convenient place to call home or a quality rental property, this refreshed residence provides both comfort and value in an established neighborhood.
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 1565 Rayburn St compares to other nearby properties.
Positives
- Public transit nearby
- Only 0.8 miles from transit
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Central heat
- Climate controlled environment
- Images Available
- There are at least 10 photos of this property
- Walk-in closet
- More closet space on average
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.4 miles away
- Greater distance from high schools
- The nearest high school is farther than 1.5 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 1.5 miles away
Address details
| Neighborhood | South Third and Parkway |
|---|---|
| Zip code | 38106 |
| Type | House for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in South Third and Parkway
Median rents as of Oct 17 2026.
South Third and Parkway
Memphis
| Month | Median Rent |
|---|---|
| November 2024 | $1,060 |
| December 2024 | $1,059 |
| January 2025 | $1,070 |
| February 2025 | $1,035 |
| March 2025 | $1,016 |
| April 2025 | $996 |
| May 2025 | $995 |
| June 2025 | $995 |
| July 2025 | $968 |
| August 2025 | $989 |
| September 2025 | $962 |
| October 2025 | $964 |
| November 2025 | $978 |
| December 2025 | $970 |
| January 2026 | $943 |
| February 2026 | $949 |
| March 2026 | $926 |
| April 2026 | $900 |
| May 2026 | $898 |
| June 2026 | $896 |
| July 2026 | $887 |
| August 2026 | $893 |
| September 2026 | $908 |
| October 2026 | $900 |
| Month | Median Rent |
|---|---|
| May 2015 | $350 |
| June 2015 | $350 |
| July 2015 | $350 |
| November 2016 | $299 |
| December 2016 | $299 |
| January 2017 | $299 |
| March 2017 | $299 |
| April 2017 | $299 |
Affordability calculator
Can I afford to live at 1565 Rayburn 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
$40,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $40,600 annually to afford this 3-bedrooms monthly rent price of $1,015.
For more information on rent affordability, visit our rent calculator.
Schools near 1565 Rayburn St
A. B. Hill Elementary School
345 east olive ave
memphis, TN, 38106
PK, K-5Public
C-
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-
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-
Getting around Memphis near 1565 Rayburn St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
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 1565 Rayburn St, Memphis
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
5/10
Variety of shops within a short drive
Cafes
3/10
Some cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
5/10
Variety of bars within a short drive
Explore the area around 1565 Rayburn St
Leslie's Grocery
1526 Rayburn St
Parkway Food Mart
1465 S 3rd St
B P
8 S Parkway E
Meronn Inc
1693 S Lauderdale St
Olive Grocery & Market
505 E Olive Ave
Laced in Lingerie LLC
1657 Barton St
City Gear By DTLR
1781 S 3rd St
Roses Stores
1833 S 3rd St
Parker Prints
1377 S Lauderdale St
Hamdy's Men of Fashion
1939 S 3rd St
Picnic Cup Co
1950 Latham St
Electro Lyfe Juice Bar
1417 Elvis Presley Blvd
Electrolyfe Juice Bar 2
1416 Elvis Presley Blvd
Ritual Coffee Memphis
505 S Main St
Bluff City Coffee
505 S Main St
V Luxe Lounge
2256 N Germantown Pkwy
Momma's
855 Kentucky St
Malco Theatres Powerhouse Cinema Grill & MXT
540 S Front St
Eight & Sand
545 S Main St
Earnestine & Hazel's Bar-Grill
531 S Main St
Electro Lyfe Juice Bar
1417 Elvis Presley Blvd
Butteriffic Bakery & Cafe
488 S 2nd St
Hustle & Dough
477 S Main St
Grecian Gourmet Taverna
412 S Main St
Deelightful Bliss Bakery
409 S Main St
Patton Park
Playground
Booth Park
Playground
South Side Park
Leslie's Grocery
1526 Rayburn St
Church's Texas Chicken
1868 S 3rd St
All in One Bar & Grill
1489 Florida St
McDonald's
1861 S 3rd St
Hunt Brothers Pizza
8 S Parkway E
3rd Street / East Essex Avenue
South Third
3rd Street / East Essex Avenue
South Third
3rd Street / East Person Avenue
South Third
3rd Street / East Waldorf Avenue
South Third
3rd Street / East Waldorf Avenue
South Third
Memphis
City of New Orleans
Compare similar properties nearby
University Gardens Manor
Our team has verified this companyRhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
2 Beds
$709–$920
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
5140 Wheelis Dr
2 Beds
$1,250
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
Berclair Rd
2 Beds
$825
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
25 S Morrison Cv
3 Beds
$850
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
162 Poplar Lake Dr
2 Beds
$750
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
Douglas-Bungalow-Crump • Springdale Apartments
3 Beds
$800
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
2416 Thompson Ave
2 Beds
$725–$750
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
3395 Shady Valley Cv
3 Beds
$1,095
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
University Gardens Manor
Our team has verified this companyRhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
2 Beds
$709–$920
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
5140 Wheelis Dr
2 Beds
$1,250
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
Berclair Rd
2 Beds
$825
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
25 S Morrison Cv
3 Beds
$850
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
162 Poplar Lake Dr
2 Beds
$750
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
Douglas-Bungalow-Crump • Springdale Apartments
3 Beds
$800
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
2416 Thompson Ave
2 Beds
$725–$750
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
3395 Shady Valley Cv
3 Beds
$1,095
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- air conditioning
- dishwasher
Check availability
2 Bedroom house rentals in Memphis238 listings
238 listings
3 Bedroom house rentals in Memphis892 listings
892 listings
