Highlights
- Washer, dryer
- Convenient location
- Stove, fridge, microwave
Nearby rentals
Renter hub
Property management
Appliances
| In-Unit Laundry |
One-time.
One-time. Refundable.

Property Status: Active Move into your new home with huge savings! - $0 move-in deposit with our partner Obligo – skip the traditional security deposit and lighten your upfront costs! (Subject to approval) Welcome to your new home at 2966 Yale Ave! This charming 2-bedroom, 1-bathroom property offers the perfect blend of comfort and convenience, ideal for first-time renters. Priced at just $720/month, it comes fully equipped with all your essential amenities—including a washer, dryer, stove, fridge, and microwave. Enjoy a well-maintained space in a convenient location, ready for you to move in and make it your own. We proudly work with Section 8 and are happy to assist qualified applicants. Qualifications: 1. Each occupant 18+ must complete a separate application (non-refundable fee will apply) 2. Household gross income must be three times the monthly rent 3. Favorable credit history with no open bankruptcies - no credit is better than bad credit 4. Evictions within the past 2 calendar years or unpaid rent Office Phone: (901) 261-7900 Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 2966 Yale Ave, Memphis, TN 38112, USA compares to other nearby properties.
Positives
| Neighborhood | Binghampton-Lester |
|---|---|
| Zip code | 38112 |
| Type | House for rent |
2-bedroom apartments at 2966 Yale Ave #7 cost about 18% less than the average rent price for 2-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| April 2024 | $1,050 |
| May 2024 | $1,053 |
| June 2024 | $1,046 |
| July 2024 | $1,081 |
| August 2024 | $1,107 |
| September 2024 | $1,164 |
| October 2024 | $1,125 |
| November 2024 | $1,150 |
| December 2024 | $1,146 |
| January 2025 | $1,151 |
| February 2025 | $1,111 |
| March 2025 | $1,107 |
| April 2025 | $1,106 |
| May 2025 | $1,104 |
| June 2025 | $1,095 |
| July 2025 | $1,091 |
| August 2025 | $1,096 |
| September 2025 | $1,096 |
| October 2025 | $1,073 |
| November 2025 | $1,050 |
| December 2025 | $1,026 |
| January 2026 | $1,012 |
| February 2026 | $1,014 |
| March 2026 | $999 |
| April 2026 | $998 |
| Month | Median Rent |
|---|---|
| April 2024 | $913 |
| May 2024 | $895 |
| June 2024 | $892 |
| July 2024 | $880 |
| August 2024 | $913 |
| September 2024 | $1,371 |
| October 2024 | $1,435 |
| November 2024 | $994 |
| December 2024 | $938 |
| January 2025 | $942 |
| February 2025 | $969 |
| March 2025 | $926 |
| April 2025 | $895 |
| May 2025 | $916 |
| June 2025 | $967 |
| July 2025 | $987 |
| August 2025 | $972 |
| September 2025 | $933 |
| October 2025 | $919 |
| November 2025 | $893 |
| December 2025 | $927 |
| January 2026 | $942 |
| February 2026 | $941 |
| March 2026 | $892 |
| April 2026 | $875 |
Can I afford to live at 2966 Yale Ave #7?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$28,800/yr
| Bath | |||||
|---|---|---|---|---|---|
| This month | $720 | 2 bed | 1 bath | ||
| Last month | $720 | 2 bed | 1 bath | ||
| 4 months ago | $795 | 2 bed | 1 bath | ||
| 10 months ago | $850 | 2 bed | 1 bath | ||
| 2 years ago | $900 | 2 bed | 1 bath | ||
| 2 years ago | $900 | 2 bed | 1 bath | ||
| 2 years ago | $900 | 2 bed | 1 bath | ||
| 2 years ago | $900 | 2 bed | 1 bath | ||
| 2 years ago | $900 | 2 bed | 1 bath |
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Binghampton-Lester | Memphis, TN
Occupied
2 Beds
1 Bath
$720
In-Unit Laundry
Occupied
2 Beds
1 Bath
$720
In-Unit Laundry
Occupied
2 Beds
1 Bath
$850
Ceiling Fan • In-Unit Laundry
Occupied
2 Beds
1 Bath
$900
Occupied
2 Beds
1 Bath
$900
Occupied
2 Beds
1 Bath
$1,050
185 listings
791 listings