Updated 5+ Days Ago
Location
1587 Carpenter St #1, Memphis, TN 38108, USA|Douglas-Bungalow-Crump
Tour 1587 Carpenter St #1
Contact
Memphis Passive LLC
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 1587 Carpenter St #1
Section 8, TBRA, and HUD-VASH Vouchers Accepted! Second Chance Accepted! Experience comfortable living at 1587 Carpenter Street. This cozy and well-maintained home offers a practical layout designed for everyday living, making it a great option for anyone seeking a comfortable and functional space. Located on a quiet street in Memphis with convenient access to shopping, schools, restaurants, public transportation, and other daily essentials.
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 1587 Carpenter St #1 compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 259 sqft larger than other listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1.5 miles away
- Priced higher than average
- 2-bedrooms are $400 more than the median rent in this area
- Distance from grocery stores
- The nearest grocery store is 4.1 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 0.6 miles away
- Distance from transit
- More than 1.5 miles from public transportation
Address details
| Neighborhood | Douglas-Bungalow-Crump |
|---|---|
| Zip code | 38108 |
| Type | House for rent |
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Rent trends in Douglas-Bungalow-Crump
Median rents as of Oct 17 2026.
Douglas-Bungalow-Crump
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 |
| Month | Median Rent |
|---|---|
| May 2026 | $1,282 |
| June 2026 | $1,220 |
| August 2026 | $1,115 |
| September 2026 | $1,075 |
| October 2026 | $1,075 |
Affordability calculator
Can I afford to live at 1587 Carpenter St #1?
Bedrooms
2 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 2-bedrooms monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.
Schools near 1587 Carpenter St #1
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Salome Elementary School
38128 saguaro & main
salome, AZ, 85348
PK, K-8Public
C-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Getting around Memphis near 1587 Carpenter St #1
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1587 Carpenter St #1, Memphis
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
3/10
Some shops within a short drive
Cafes
2/10
Some cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within a short drive
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