Updated 3 Days Ago
Location
321 Carpenter St #1, Memphis, TN 38112, USA|Binghampton-Lester
Tour 321 Carpenter St #1
Contact
Memphis Passive LLC
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Amenities for 321 Carpenter St #1, Binghampton-Lester
Features
| Utilities Included |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 321 Carpenter St #1
Section 8, TBRA, and HUD-VASH Vouchers Accepted! Second Chance Accepted! Experience comfortable living in this 3-bedroom, 2-bathroom home featuring a functional layout designed for everyday living. The property offers multiple bedrooms and flexible living space, providing comfort and convenience for a variety of living arrangements. This home includes a driveway for off-street parking and washer/dryer hookups, adding everyday convenience for residents. Located in the 38112 area, with easy access to Midtown, the University of Memphis, and major roads like Summer Avenue. Nearby shopping, dining, grocery stores, and public transportation make daily errands simple and convenient. Please note: No furniture, appliances, or utilities are included. Photos may include virtual staging.
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 321 Carpenter St, Memphis, TN 38112, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.0 mile away
- Middle school nearby
- There is a middle school 0.0 mile away
Address details
| Neighborhood | Binghampton-Lester |
|---|---|
| Zip code | 38112 |
| Type | House for rent |
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Rent trends in Binghampton-Lester
4-bedroom apartments at 321 Carpenter St #1 cost about the same as the average rent price for 4-bedroom apartments in Memphis.
Median rents as of Sep 12 2026.
Binghampton-Lester
Memphis
| Month | Median Rent |
|---|---|
| September 2024 | $1,695 |
| October 2024 | $1,713 |
| November 2024 | $1,734 |
| December 2024 | $1,745 |
| January 2025 | $1,783 |
| February 2025 | $1,742 |
| March 2025 | $1,754 |
| April 2025 | $1,750 |
| May 2025 | $1,743 |
| June 2025 | $1,703 |
| July 2025 | $1,697 |
| August 2025 | $1,695 |
| September 2025 | $1,702 |
| October 2025 | $1,659 |
| November 2025 | $1,664 |
| December 2025 | $1,650 |
| January 2026 | $1,650 |
| February 2026 | $1,610 |
| March 2026 | $1,611 |
| April 2026 | $1,650 |
| May 2026 | $1,629 |
| June 2026 | $1,621 |
| July 2026 | $1,631 |
| August 2026 | $1,643 |
| September 2026 | $1,648 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,488 |
| November 2024 | $1,480 |
| December 2024 | $1,575 |
| January 2025 | $1,655 |
| February 2025 | $1,647 |
| March 2025 | $1,662 |
| April 2025 | $1,531 |
| May 2025 | $1,550 |
| June 2025 | $1,512 |
| July 2025 | $1,503 |
| August 2025 | $1,431 |
| September 2025 | $1,511 |
| October 2025 | $1,500 |
| November 2025 | $1,502 |
| December 2025 | $1,500 |
| January 2026 | $1,500 |
| February 2026 | $1,517 |
| March 2026 | $1,544 |
| April 2026 | $1,550 |
| May 2026 | $1,550 |
| June 2026 | $1,540 |
| July 2026 | $1,550 |
| August 2026 | $1,550 |
| September 2026 | $1,550 |
Affordability calculator
Can I afford to live at 321 Carpenter St #1?
Bedrooms
4+ 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
$62,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 4-bedrooms monthly rent price of $1,550.
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.| Bath | |||||
|---|---|---|---|---|---|
| This month | $1,550 | 4 bed | 2 bath | ||
| 4 months ago | $1,550 | 4 bed | 2 bath |
Schools near 321 Carpenter St #1
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
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Internet available near 321 Carpenter St #1
Neighborhood
Binghampton-Lester | Memphis, TN
Getting around Memphis near 321 Carpenter St #1
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 321 Carpenter St #1, Memphis
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Other units at this address
321 Carpenter St, Memphis, TN
321 Carpenter St Memphis, TN
Available - Oct 1, 2026
4 Beds, 2 Baths
4 Beds
2 Baths
$1,550
In-Unit Laundry
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