Updated 2 Days Ago
Location
2587 Faxon Ave, Memphis, TN 38112, USA|Binghampton-Lester
Tour 2587 Faxon Ave
Contact
Michael and Heather Taylor Properties (Lakeland, TN)
Nearby rentals
Property management
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 2587 Faxon Ave
This property allows self guided viewing without an appointment. Contact for details.
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 2587 Faxon Ave compares to other nearby properties.
Positives
- Public transit nearby
- Only 0.8 miles from transit
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.4 miles away
- Distance from grocery stores
- The nearest grocery store is 4.1 miles away
Address details
| Neighborhood | Binghampton-Lester |
|---|---|
| Zip code | 38112 |
| Type | House for rent |
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Rent trends in Binghampton-Lester
3-bedroom apartments at 2587 Faxon Ave cost about the same as the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 10 2026.
Binghampton-Lester
Memphis
| Month | Median Rent |
|---|---|
| October 2024 | $1,395 |
| 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 |
|---|---|
| October 2024 | $1,198 |
| 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 | $1,278 |
| January 2026 | $1,310 |
| February 2026 | $1,296 |
| March 2026 | $1,292 |
| April 2026 | $1,254 |
| May 2026 | $1,237 |
| June 2026 | $1,247 |
| July 2026 | $1,220 |
| August 2026 | $1,252 |
| September 2026 | $1,350 |
| October 2026 | $1,300 |
Affordability calculator
Can I afford to live at 2587 Faxon Ave?
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
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 3-bedrooms monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.
Schools near 2587 Faxon Ave
Brewster Elementary School
2605 sam cooper blvd
memphis, TN, 38112
PK, K-5Public
C
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
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Internet available near 2587 Faxon Ave
Getting around Memphis near 2587 Faxon Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 2587 Faxon Ave, Memphis
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
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
6/10
Variety of bars within a short drive
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