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Convenient everyday living is supported by a fully equipped kitchen, in-unit washer and dryer, central heating and air, and off-street parking/driveway. Relaxation and recreation are enhanced by a private backyard and additional outdoor space, while daily logistics are eased by proximity to a top-rated elementary school about 0.56 miles away and a top-rated middle school about 0.57 miles away.
Things you’ll love
Elementary school nearbyMiddle school nearbyGreat for
Social lifeOne-time.
One-time. Refundable.
BRAND NEW CONSTRUCTION-- AVAILABLE AUGUST 2026! Welcome to 305 Peony Place—an inviting and brand-new home located in a peaceful residential area just minutes from everything Oxford has to offer. This comfortable property offers the perfect blend of convenience, space, and Southern charm. Property Features 4 Bedrooms 3 Full Bathrooms Spacious open living room with natural light Fully equipped kitchen with ample cabinet space Large primary bedroom with private bathroom Washer and dryer Central heating and air conditioning Outdoor Space Private backyard perfect for relaxing or hosting friends Covered side porch Off-street parking / driveway $50 application fee per applicant and guarantor. All student residents are required to have a guarantor apply as well due to lack of income. Application fees are non-refundable. All tenants are required to have renter's insurance. Text or Call Meredith Killens to schedule a showing. Neighborhood Realty LLC 1100 Tyler Avenue Suite 101 Oxford, MS 38655 985.502.0820 cell 662.727.1731 office
How 305 Penny Ln #1 compares to other nearby properties.
Positives
| Zip code | 38655 |
|---|---|
| Type | House for rent |
4-bedroom apartments at 305 Penny Ln #1 cost about 66% more than the average rent price for 4-bedroom apartments in Oxford.
| Month | Median Rent |
|---|---|
| June 2024 | $2,750 |
| July 2024 | $2,792 |
| August 2024 | $2,860 |
| September 2024 | $5,220 |
| October 2024 | $6,000 |
| November 2024 | $5,032 |
| December 2024 | $3,500 |
| January 2025 | $3,300 |
| February 2025 | $3,262 |
| March 2025 | $3,382 |
| April 2025 | $3,622 |
| May 2025 | $3,612 |
| June 2025 | $3,555 |
| July 2025 | $3,548 |
| August 2025 | $3,280 |
| September 2025 | $3,360 |
| October 2025 | $4,164 |
| November 2025 | $3,280 |
| December 2025 | $3,200 |
| January 2026 | $3,200 |
| February 2026 | $3,200 |
| March 2026 | $3,012 |
| April 2026 | $3,000 |
| May 2026 | $2,820 |
Can I afford to live at 305 Penny Ln #1?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$192,000/yr
225 bramlett blvd
oxford, MS, 38655
409 washington ave
oxford, MS, 38655
209 commonwealth blvd
oxford, MS, 38655
