Location
Tour 3115 Monterrey Sq
Contact
Reed & Associates
Nearby rentals
Property management
Reed & Associates
Grounds
| Outdoor Space |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|

This adorable home offers 2bedrooms and 1.5 bathroom, separate dining room, spacious great room and large backyard for tons of entertainment. Residents will be enrolled in the "Utility & Maintenance Reduction Program" for $15.00/month to help you save 5-15% on your heating and cooling bill as well as create a clean healthy living environment. HVAC filters will be delivered to your home approximately every 60 days. Lease Term: 12 months + (First Month's Rent Free) Please be aware that rental scams are on the rise. Reed & Associates does not market our properties on or Facebook marketplace and will never ask you to pay any amounts in cash or send money via wire transfer, prepaid or digital gift cards, MoneyGram, Zelle or any payment apps, such as Venmo, PayPal, Apple Pay, or others.
How 3115 Monterrey Sq compares to other nearby properties.
Positives
Considerations
| Neighborhood | Messick Buntyn |
|---|---|
| Zip code | 38111 |
| Type | House for rent |
2-bedroom apartments at 3115 Monterrey Sq cost about 12% less than the average rent price for 2-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| 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 | $991 |
| May 2026 | $977 |
| June 2026 | $984 |
| July 2026 | $962 |
| August 2026 | $962 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,022 |
| October 2024 | $976 |
| November 2024 | $956 |
| December 2024 | $956 |
| January 2025 | $944 |
| February 2025 | $1,062 |
| March 2025 | $921 |
| April 2025 | $888 |
| May 2025 | $956 |
| June 2025 | $1,010 |
| July 2025 | $987 |
| August 2025 | $989 |
| September 2025 | $992 |
| October 2025 | $985 |
| November 2025 | $987 |
| December 2025 | $992 |
| January 2026 | $947 |
| February 2026 | $948 |
| March 2026 | $956 |
| April 2026 | $953 |
| May 2026 | $950 |
| June 2026 | $956 |
| July 2026 | $950 |
| August 2026 | $961 |
Can I afford to live at 3115 Monterrey Sq?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$35,000/yr
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