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modified
5+ Days Ago

Location

2028 Pennel Rd, Memphis, TN 38116, USA

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Rent trends in Memphis

4-bedroom apartments at 2028 Pennel Rd cost about 34% less than the average rent price for 4-bedroom apartments in Memphis.

Median rents as of Mar 28 2026.
Memphis
A table of 4-bedroom apartment rental data trends in Memphis
MonthMedian Rent
April 2024$1,731
May 2024$1,696
June 2024$1,687
July 2024$1,688
August 2024$1,695
September 2024$1,695
October 2024$1,713
November 2024$1,734
December 2024$1,745
January 2025$1,783
February 2025$1,742
March 2025$1,754
April 2025$1,750
May 2025$1,743
June 2025$1,703
July 2025$1,697
August 2025$1,695
September 2025$1,702
October 2025$1,659
November 2025$1,664
December 2025$1,650
January 2026$1,650
February 2026$1,610
March 2026$1,611

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 2028 Pennel Rd, Memphis, TN.
8 years ago$1,050

Schools near 2028 Pennel Rd

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 2028 Pennel Rd

Getting around Memphis near 2028 Pennel Rd

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

0/10
Heads up, bike lanes and cyclist-friendly streets aren’t common.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 2028 Pennel Rd, Memphis

Groceries

1/10
Closest supermarket further than a 30-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

2/10
At least one high school within a 30-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

0/10
Few or no bars within walking distance

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Studio apartment rentals in Memphis49 listings

49 listings

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