Updated 3 Days Ago
Highlights
- Separate dining room
- Spacious living room
- Ample cabinet storage
Location
2016 Pennel Rd #1, Memphis, TN 38116, USA
Tour 2016 Pennel Rd #1
Contact
qazi.managebuilding.com
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 2016 Pennel Rd #1
**For Rent!** Welcome home to this spacious 3 bedroom, 2 bathroom home offering plenty of room for the whole family. The inviting floor plan features a large living room, a separate dining room, and a kitchen with an abundance of cabinet space, making meal prep and storage a breeze. Need extra space? The bonus room is perfect for a home office, playroom, media room, or second living area. Outside, you'll find a double carport and a huge backyard with plenty of room for kids to play, pets to roam, or simply enjoy the outdoors. **Home Features:** * 3 Bedrooms * 2 Bathrooms * Spacious living room * Separate dining room * Kitchen with ample cabinet storage * Bonus room * Double carport * Huge backyard Don't miss your chance to make this wonderful home yours. Schedule your showing today!
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 2016 Pennel Rd #1 compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.5 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Zip code | 38116 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 2016 Pennel Rd #1 cost about 33% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Aug 1 2026.
Memphis
| Month | Median Rent |
|---|---|
| August 2024 | $1,396 |
| 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 | $1,338 |
| 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 |
Affordability calculator
Can I afford to live at 2016 Pennel Rd #1?
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
$71,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $71,800 annually to afford this 3-bedrooms monthly rent price of $1,795.
For more information on rent affordability, visit our rent calculator.
Schools near 2016 Pennel Rd #1
Oakshire Elementary School
1765 e holmes rd
memphis, TN, 38116
PK, K-5Public
C-
Westhaven Elementary School
4585 hodge rd
memphis, TN, 38109
PK, K-5Public
C-
Geeter School
4649 horn lake rd
memphis, TN, 38109
PK, K-8Public
C-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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Internet available near 2016 Pennel Rd #1
Getting around Memphis near 2016 Pennel Rd #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
5/10
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 2016 Pennel Rd #1, Memphis
Groceries
4/10
Variety of groceries within a short drive
Shopping
4/10
Some shops within a short drive
Cafes
2/10
Some cafés within a short drive
Restaurants
4/10
Variety of restaurants within a short drive
Primary schools
4/10
At least one elementary school within a 20-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
2/10
Few or no bars within a short drive
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