House for rent

Updated 1 Day Ago

3134 Monterrey Sq
3134 Monterrey Sq, Memphis, TN 38111, USA

Monthly rent	$1,400
Beds	3
Baths	3
Sqft	1,292

Monthly rent	$1,400
Beds	3
Baths	3
Sqft	1,292

Updated 1 Day Ago

Location

3134 Monterrey Sq, Memphis, TN 38111, USA|Messick Buntyn

Tour 3134 Monterrey Sq

Contact

Advantage Property Management

(901) 347-3148

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

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About 3134 Monterrey Sq

Home

Houses in Memphis

3134 Monterrey Sq, Memphis, TN 38111, USA

Discover this completely remodeled 3-bedroom, 3-bathroom home located at 3134 Monterrey Sq., Memphis, TN 38111, just minutes from the University of Memphis. This stunning renovation combines modern finishes with a spacious, functional layout, making it an excellent choice for families, roommates, or university staff and students. Inside, you'll find a beautifully updated interior featuring fresh finishes throughout, generously sized bedrooms, and three full bathrooms that provide comfort and convenience for everyone. The open and inviting floor plan offers plenty of room for relaxing and entertaining while showcasing the quality craftsmanship of this full renovation. Ideally situated near the University of Memphis, you'll enjoy quick access to campus, shopping, restaurants, parks, and major roadways, making commuting around the city a breeze. Don't miss the opportunity to lease this like-new home in a convenient and desirable location. Schedule your private showing today! We encourage you to view this property prior to applying. To schedule a viewing please call 901-347-3148. To apply for properties, please visit www advantagepropertymgmt com Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home. We are proud to offer: 24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it’s online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most. 100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured. Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal. Rental Requirements: -Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment) -Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days) -Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.) -Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger) -Preferred to have one year or more with current employer -No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no bankruptcy. A one-time lease setup fee of $100.00 will be charged by Advantage Property Management at the time the lease is signed. Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is ..

Property highlights

How 3134 Monterrey Sq, Memphis, TN 38111, USA compares to other nearby properties.

Positives

Elementary school nearby: There is an elementary school 0.2 mile away
High school nearby: There is a high school 1 mile away

Considerations

Greater distance from middle schools: The nearest middle school is farther than 1 mile away

Address details

Neighborhood	Messick Buntyn
Zip code	38111
Type	House for rent

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Rent trends in Messick Buntyn

3-bedroom apartments at 3134 Monterrey Sq cost about 8% more than the average rent price for 3-bedroom apartments in Memphis.

Median rents as of Aug 8 2026.

Messick Buntyn

Memphis

A table of 3-bedroom apartment rental data trends in Memphis
Month	Median Rent
August 2024	$1,397
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
July 2026	$1,362
August 2026	$1,350

A table of 3-bedroom apartment rental data trends in Messick Buntyn
Month	Median Rent
February 2025	$1,481
March 2025	$1,454
April 2025	$1,375
May 2025	$1,345
June 2025	$1,403
July 2025	$1,411
August 2025	$1,305
September 2025	$1,235
October 2025	$1,180
November 2025	$1,175
December 2025	$1,218
January 2026	$1,232
February 2026	$1,195
March 2026	$1,195
June 2026	$1,295
July 2026	$1,287
August 2026	$1,272

Affordability calculator

Can I afford to live at 3134 Monterrey Sq?

Bedrooms

3 bedrooms

Rent-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

$56,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this 3-bedrooms monthly rent price of $1,400.

For more information on rent affordability, visit our rent calculator.

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Rent history

Check out the past listing prices for monthly rent at 3134 Monterrey Sq, Memphis, TN.
			Bath
1 year ago	$925	2 bed	1.5 bath
2 years ago	$895	2 bed	1.5 bath
4 years ago	$875	2 bed	1.5 bath
5 years ago	$795	2 bed	1.5 bath
9 years ago	$580	2 bed	1 bath

Schools near 3134 Monterrey Sq

Internet available near 3134 Monterrey Sq

Neighborhood

Messick Buntyn | Memphis, TN

NEIGHBORHOOD VIBE

Peaceful and quiet

Noise-canceling headphones not required in this mostly noise free area.

Getting around Memphis near 3134 Monterrey Sq

Walking

5/10

Some shops and stores are within a few minutes.

Driving

8/10

Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10

More spots are within biking distance and some roads are cyclist-friendly.

Transit

2/10

There are a few mass transit options within the area.

Points of interest for 3134 Monterrey Sq, Memphis

Groceries

5/10

Variety of groceries within a short drive

Shopping

6/10

Variety of shops within a short drive

Cafes

4/10

Some cafés within a short drive

Restaurants

6/10

Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

9/10

At least one elementary school within a 10-minute walk

High schools

4/10

At least one high school within a 30-minute walk

Parks

6/10

Large amount of park space nearby

Nightlife

4/10

Variety of bars within a short drive

Other units at this address

3134 Monterrey Sq, Memphis, TN

3134 Monterrey Sq Memphis, TN

Occupied

2 Beds, 1.5 Baths

2 Beds

1.5 Baths

1,292 sqft

$895

Carpet • Fireplace • Dishwasher

Listed by Leasing Office

Days on market: 1042

Very Nice Duplex in U of M Area - WE ENCOURGE YOU TO VIEW THIS PROPERTY PRIOR TO APPLYING. This is a two bedroom one and a half bathroom duplex that has been freshly painted throughout. There is a great sized living room with new LVT flooring and a gas fireplace. A very large dining area and great sized kitchen. The duplex does come with most of the kitchen appliances (stove and dishwasher) which are not under warranty. Great sized bedrooms which does have carpet in each bedroom. Very nice duplex that will rent quickly! Please note that due to the current rental housing shortage in the Memphis area the demand for our available homes is very high. The application review process is taking longer than normal. You should expect a response within 8-10 days. RENTAL REQUIREMENTS: 1-MUST MAKE 3 TIMES (INCOME AFTER DEDUCTIONS) THE RENT AS PROVEN INCOME EARNED. ***Paycheck stubs required as proof of income to be uploaded. We ask for the last 3 most recent paystubs.*** 2- PROVIDE MLGW BILL WITHIN LAST 30 DAYS. 3- PROVIDE LAST 30 DAYS OF BANK STATEMENT. 4- MUST HAVE 1 YEAR OR MORE RENTAL HISTORY WITH PROVEN VERIFICATION. 5- MUST HAVE 1 YEAR OR MORE WITH CURRENT EMPLOYER. 6- MUST VIEW THE HOME PRIOR TO APPLYING. 7- NO PRIOR EVICTIONS WITHIN THE PAST 5 YEARS. ( THIS INCLUDES RENTAL COLLECTIONS THAT HAVE BEEN PAID AND DISMISSED) 8- IF UNDER OR EVER FILED BANKRUPTCY, MUST BE AT LEAST 5 YEARS OLD AND CANNOT BE A CHAPTER 7, NOR FILED ON A LANDLORD. 9- NO FELONIES ON BACKGROUND. ***Failure to supply all necessary documents named above at time of submission will result in automatic cancellation/denial of your application and no refund will be given. *** ***Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee. Please visit our website: www advantagepropertymgmt com to view photos or to apply for this home online. If you have any questions please feel free to contact our office at (901) 563-5063 x75. This homeowner has chosen to not be on the voucher program. Please note that the home will be rented in as in condition.