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Advantage Property Management
Located in a prime area, this thoughtfully renovated apartment features a well-equipped kitchen and new LVP flooring, making it both stylish and functional. With a competitive value per square foot placing it in the 79.31 percentile among nearby properties, it presents an attractive investment opportunity. Additionally, the availability of a 24/7 maintenance team adds convenience for residents.
Things you’ll love
More spaceGreat for
Pet ownersOne-time.
One-time. Refundable.
Apartments in MemphisBinghampton-Lester 2384 Forrest Avenue #D, Memphis, Tennessee 38112, United States$99 Move In Special Welcome home to this thoughtfully renovated 3-bedroom, 1-bath apartment in a prime, highly desirable location. Every detail has been considered: the space features new LVP flooring and a vibrant, freshly painted interior, making it feel truly brand new. The kitchen comes equipped with a stove and refrigerator. There are 2 units available #D and #W If on a voucher program, we do not require you to make 3 X's the monthly rental income. We will ensure you make income to cover your vouchered portion of the rent. If your voucher shopping range covers the rental amount with leeway but your an RTA has less bedrooms than our property, as long as there is room on your voucher closer to the bottom shopping range there is a possibility we could place you in a higher bedroom count home. PLEASE CALL OUR OFFICE FOR INFORMATION PRIOR TO APPLYING We encourage you to view this property prior to applying. To schedule a viewing please call 901-347-3148. To apply for properties, please visit www advantagepropertymgmt com Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home. We are proud to offer: 24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it’s online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most. 100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured. Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal. Rental Requirements: -Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment) -Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days) -Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.) -Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger) -Preferred to have one year or more with current employer -No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no Chapter 7 bankruptcy. (Chapter 13 is a case-by-case situation.) ***Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee. *** If you have any questions, give us a call at 901-347-3148. Please note that the home will be rent..
How 2384 Forest Ave, Memphis, TN 38112, USA compares to other nearby properties.
Positives
| Neighborhood | Binghampton-Lester |
|---|---|
| Zip code | 38112 |
| Type | Apartment for rent |
3-bedroom apartments at 2384 Forrest Avenue #D cost about 8% more than the average rent price for 3-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| December 2023 | $1,375 |
| January 2024 | $1,355 |
| February 2024 | $1,350 |
| March 2024 | $1,378 |
| April 2024 | $1,397 |
| May 2024 | $1,398 |
| June 2024 | $1,397 |
| July 2024 | $1,399 |
| August 2024 | $1,398 |
| 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 | $1,304 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,295 |
| January 2024 | $1,220 |
| February 2024 | $1,196 |
| March 2024 | $1,206 |
| April 2024 | $1,204 |
| May 2024 | $1,235 |
| June 2024 | $1,264 |
| July 2024 | $1,395 |
| August 2024 | $1,315 |
| September 2024 | $1,297 |
| October 2024 | $1,185 |
| November 2024 | $1,195 |
| December 2024 | $1,243 |
| January 2025 | $1,274 |
| February 2025 | $1,199 |
| March 2025 | $1,126 |
| April 2025 | $1,100 |
| May 2025 | $1,269 |
| June 2025 | $1,262 |
| July 2025 | $1,431 |
| August 2025 | $1,494 |
| September 2025 | $1,418 |
| October 2025 | $1,367 |
| November 2025 | $1,293 |
| December 2025 | $1,272 |
Can I afford to live at 2384 Forrest Avenue #D?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$56,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 4 months ago | $1,650 | 3 bed | 1 bath |
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Occupied
3 Beds
1 Bath
$1,650
On-Site Laundry • Central Heat • Dishwasher • In-Unit Laundry • Air Conditioning • Outdoor Space
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2 Beds
N/A
225 Arbor Commons Cir
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$1,480–$2,273
Binghampton-Lester • 2540 Broad Ave
2 Beds
$1,608–$3,362
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2 Beds
N/A
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2 Beds
$1,480–$2,273
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$1,608–$3,362
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