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5+ Days Ago
Location
261 Gracewood St, Memphis, TN 38112, USA|Binghampton-Lester
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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.
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About 261 Gracewood St
~ 3 Bedrooms ~ 2 Bathrooms ~ Large Eat-in Kitchen ~ Separate Living & Dining Areas ~ Large Fenced Backyard Offered by Realty Capital Management,LLC www.propertymanagementmemphis.net
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 261 Gracewood St compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 mile away
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
Address details
| Neighborhood | Binghampton-Lester |
|---|---|
| Zip code | 38112 |
| Type | Apartment for rent |
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Available rentals nearby
Rent trends in Binghampton-Lester
3-bedroom apartments at 261 Gracewood St cost about 40% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Jun 13 2026.
Binghampton-Lester
Memphis
| Month | Median Rent |
|---|---|
| June 2024 | $1,395 |
| 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 | $1,301 |
| January 2026 | $1,295 |
| February 2026 | $1,295 |
| March 2026 | $1,299 |
| April 2026 | $1,342 |
| May 2026 | $1,368 |
| June 2026 | $1,374 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,363 |
| 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 | $1,278 |
| January 2026 | $1,310 |
| February 2026 | $1,296 |
| March 2026 | $1,292 |
| April 2026 | $1,254 |
| May 2026 | $1,237 |
| June 2026 | $1,250 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 9 years ago | $750 |
Schools near 261 Gracewood St
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
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
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Internet available near 261 Gracewood St
Neighborhood
Binghampton-Lester | Memphis, TN
Getting around Memphis near 261 Gracewood St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
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
3/10
There are a few mass transit options within the area.
Points of interest for 261 Gracewood St, Memphis
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Explore the area around 261 Gracewood St
Kings' Drive in Grocery
306 Tillman St
D J's Grocery
3152 Johnson Ave
Lucky Food Center
3152 Johnson Ave
Summer Grocery
3083 Summer Ave
Three Star Market
3085 Summer Ave
Karats Fashion LLC
80 Tillman St
Family Dollar
2970 Poplar Ave
Lese's
3092 Poplar Ave
Red Hook
3092 Poplar Ave
All American Sporting Goods
3230 Summer Ave
Inspire Community Cafe
510 Tillman St
Society Skatepark & Coffee Inc
583 Scott St
Starbucks
3444 Plaza Ave
Starbucks
3388 Poplar Ave
Tenn Tea
17 S Highland St
Board to Beers
2867 Poplar Ave
Lucchesi's Beer Garden
3358 Poplar Ave
Redzone Casual Restaurant Sports & Cigar Bar
2583 Broad Ave
High Point Pub
477 High Point Ter
The Medallion Restaurant
3700 Central Ave
La Baguette
3088 Poplar Ave
La Baguette French Bread
3088 Poplar Ave
Kroger Bakery
3444 Plaza Ave
Murray's Cheese
3444 Plaza Ave
Good Life Honeysuckle Health Food
3361 Poplar Ave
Park
Robert Howse Park
East High Sportsplex
Chickasaw Garden Park
Binghampton Park
Jerky's Chicken
280 Tillman St
Hunt Brothers Pizza
3007 Johnson Ave
Agavos Cocina & Tequila
2924 Walnut Grove Rd
Camy's
2886 Walnut Grove Rd
McDonald's
2994 Poplar Ave
Tillman Street / Mimosa Avenue
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