4 Days Ago
Location
3501 Vernon Ave, Memphis, TN 38122, USA
Tour 3501 Vernon Ave
Contact
Bellwether Capital Partners
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Amenities for 3501 Vernon Ave
Other
| Floor Furnace |
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
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About 3501 Vernon Ave
3501 Vernon Ave cost $895 per month. Located at 3501 Vernon Ave, Memphis, TN 38122, USA, this unit has 2 bedrooms and 1 bathroom. Based on the average rent price of 2 bedrooms in Memphis, renting this apartment is 15% cheaper per month.
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 3501 Vernon Ave compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 110 sqft larger than other listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 38122 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
2-bedroom apartments at 3501 Vernon Ave cost about 15% less than the average rent price for 2-bedroom apartments in Memphis.
Median rents as of Nov 1 2025.
Memphis
| Month | Median Rent |
|---|---|
| November 2023 | $995 |
| December 2023 | $1,000 |
| January 2024 | $1,010 |
| February 2024 | $1,007 |
| March 2024 | $1,003 |
| April 2024 | $1,024 |
| May 2024 | $1,053 |
| June 2024 | $1,046 |
| July 2024 | $1,081 |
| August 2024 | $1,107 |
| 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 |
Affordability calculator
Can I afford to live at 3501 Vernon Ave?
Bedrooms
2 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
$35,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 2-bedrooms monthly rent price of $895.
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.| 1 year ago | $835 |
Schools near 3501 Vernon Ave
Treadwell Elementary School
3538 given ave
memphis, TN, 38122
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 3501 Vernon Ave
Getting around Memphis near 3501 Vernon Ave
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
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 3501 Vernon Ave, Memphis
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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