5+ Days Ago
Highlights
- Covered parking
- Near restaurants
- Close to retail shops
- Large 3 bedroom home
Location
3066 Water Oak Dr, Memphis, TN 38127, USA|Skylake
Tour 3066 Water Oak Dr
Contact
Lubin Property Management LLC
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About 3066 Water Oak Dr
Large 3 bedroom 2 bath home with covered parking in home great neighborhood. This home has quick interstate access, close to retail shops, libraries, grocery stores, and restaurants. Schedule your tour today!
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 3066 Water Oak Dr compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 452 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
Address details
| Neighborhood | Skylake |
|---|---|
| Zip code | 38127 |
| Type | House for rent |
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Rent trends in Skylake
3-bedroom apartments at 3066 Water Oak Dr cost about 41% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Nov 15 2025.
Skylake
Memphis
| Month | Median Rent |
|---|---|
| December 2023 | $1,368 |
| 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 | $1,313 |
| Month | Median Rent |
|---|---|
| December 2016 | $895 |
Affordability calculator
Can I afford to live at 3066 Water Oak Dr?
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
$50,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,600 annually to afford this 3-bedrooms monthly rent price of $1,265.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 5 years ago | $980 |
Schools near 3066 Water Oak Dr
Lucie E. Campbell Elementary School
3232 birchfield dr
memphis, TN, 38127
PK, K-5Public
C-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
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Internet available near 3066 Water Oak Dr
Neighborhood
Skylake | Memphis, TN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 3066 Water Oak Dr
Walking
2/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 3066 Water Oak Dr, Memphis
Groceries
3/10
The nearest general grocery store is within a 20-to-30 minute walk.
Shopping
2/10
Few fashion stores are within walking distance.
Cafes
2/10
The closest café is within a 30-minute walk.
Restaurants
2/10
Few restaurants are within walking distance.
Primary schools
8/10
At least one elementary school within a 5-to-10-minute walk.
High schools
3/10
The closest high school is within a 20-to-30-minute walk.
Parks
5/10
Very few or no parks in the area.
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