Zumper
modified
Updated 5+ Days Ago

Highlights

  • Central heat & air
  • Hard surface flooring throughout
  • Bright and spacious living area
  • Large backyard

Location

1587 Cherry Rd #4, Memphis, TN 38117, USA|Dunn Road

Tour 1587 Cherry Rd #4

Contact

Foundation Property Management, LLC

(844) 334-1230 ext. 1263

Property Overview

Central heat and air, hard surface flooring throughout, a bright and spacious living area, and a large backyard add to the appeal. Nearby top-rated elementary and middle schools, 34 photos, and exceptional value for money further strengthen the overall appeal.

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

  • Less expensive
  • Elementary school nearby
  • Middle school nearby

Great for

  • Pet owners

Amenities for 1587 Cherry Rd #4, Dunn Road

Features

Central HeatHardwood Floor

Grounds

Outdoor Space
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?

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About 1587 Cherry Rd #4

HomeHouses in Memphis 1587 Cherry Rd #4, Memphis, TN 38117, USA

Welcome to 1587 Cherry Road Unit 4, Memphis, TN 38117! Home Features: - Hard surface flooring throughout - Bright and spacious living area - Modern kitchen with large shaker cabinets - Range, Vent-A-hood and Refrigerator included - Central Heat & Air - Large backyard - Rear parking available 1587 Cherry Road Unit 4 is just w/in walking distance to Willow Oaks Elementary School. This property is also close to local restaurants, parks, retail establishments and major highways. Ready to make it yours? Visit our website now to schedule a tour or view more available properties! FPM Website: https foundationpm com rental-search


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 Cherry Rd, Memphis, TN 38117, USA compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.2 mile away
Middle school nearby
There is a middle school 1 mile away
Images Available
There are at least 10 photos of this address

Address details

NeighborhoodDunn Road
Zip code38117
TypeHouse for rent

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Rent trends in Dunn Road

2-bedroom apartments at 1587 Cherry Rd #4 cost about 6% less than the average rent price for 2-bedroom apartments in Memphis.

Median rents as of Aug 22 2026.
Dunn Road
Memphis
A table of 2-bedroom apartment rental data trends in Memphis
MonthMedian Rent
September 2024$1,164
October 2024$1,125
November 2024$1,150
December 2024$1,146
January 2025$1,151
February 2025$1,111
March 2025$1,107
April 2025$1,106
May 2025$1,104
June 2025$1,095
July 2025$1,091
August 2025$1,096
September 2025$1,096
October 2025$1,073
November 2025$1,050
December 2025$1,026
January 2026$1,012
February 2026$1,014
March 2026$999
April 2026$991
May 2026$977
June 2026$984
July 2026$962
August 2026$962
A table of 2-bedroom apartment rental data trends in Dunn Road
MonthMedian Rent
November 2025$1,100
December 2025$1,100
January 2026$1,100
February 2026$1,035
March 2026$1,011
April 2026$951
May 2026$925
July 2026$900
August 2026$900

Affordability calculator

Can I afford to live at 1587 Cherry Rd #4?

Bedrooms

2 bedrooms

Rent-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

$34,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 2-bedrooms monthly rent price of $850.
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.
Check out the past listing prices for monthly rent at 1587 Cherry Rd, Memphis, TN.
Last month$9002 bed1 bath
Last month$9002 bed1 bath
1 year ago$9502 bed1 bath
1 year ago$9502 bed1 bath
3 years ago$9252 bed1 bath
3 years ago$9252 bed1 bath
3 years ago$9252 bed1 bath
3 years ago$9252 bed1 bath
3 years ago$9252 bed1 bath

Schools near 1587 Cherry Rd #4

Willow Oaks Elementary School

4417 willow rd

memphis, TN, 38117

PK, K-5Public
C+

Parkway Village Elementary School

3000 claudette rd

memphis, TN, 38118

PK, K-5Public
C-

Shrine School

4259 forest view dr

memphis, TN, 38118

PK, K-12Public

University of Memphis - University Campus School

535 zach curlin

memphis, TN, 38152

K-5Public
A-

Avon School

310 avon rd

memphis, TN, 38117

K-12Public
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Internet available near 1587 Cherry Rd #4

Getting around Memphis near 1587 Cherry Rd #4

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Points of interest for 1587 Cherry Rd #4, Memphis

Groceries

6/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

3/10
No high schools within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

1/10
Few or no bars within walking distance

Other units at this address

1587 Cherry Rd Memphis, TN

Occupied

3

2 Beds

1 Bath

$925

Days on market: 1222
Immediate Move-In Available! This newly renovated home won't last long! Range Vent a Hood and Refrigerator Included. Call 901-602-5737 TODAY to schedule your self-access viewing and see everything this home has to offer! Use our LIVE CHAT feature on the website to speak with a representative. Se Habla Español. Click this link and watch the video: https vimeo com 306475717 to learn How the self-access scheduling and lockbox work? ZERO deposit available for qualified residents.

Occupied

2

2 Beds

1 Bath

$950

Listed by Kathy
Days on market: 424
Immediate Move-In Available! ZERO Security Deposit available for qualified applicants. *HALF OFF 1st MONTHS RENT! Welcome to 1587 Cherry Rd Unit#2 Memphis, Tennessee 38117! Home Features: - Hard surface flooring throughout - Bright and spacious living area - Upgraded kitchen with large shaker cabinets Range Refrigerator and Vent a hood included. - Central Heat & Air - Fenced backyard - This property is also just w/in walking distance to Willow Oaks Elementary School and Godwin Park. 1587 Cherry Rd Unit#2 is also close to local restaurants, parks, retail establishments and major highways. Ready to make it yours? Visit our website now to schedule a tour or view more available properties! FPM Website: https foundationpm com rental-search

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