5+ Days Ago
Location
3588 Terrace Dr, Memphis, TN 38127, USA|Westside
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One-time. Refundable.
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Building details
Property details
| Lease terms | 12+ months |
|---|
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About 3588 Terrace Dr
ZERO ADMIN FEES! And our application is FREE! Applications are processed the same day and an agent will be reaching out to you immediately upon approval. This home is currently under renovation so it's not quite ready for showings, but we are accepting deposits from approved applicants. Our homes rent on a 'first come, first served' basis, and they rent fast! So if the home you want is no longer available, the good news is we're always adding new properties to our list. You'll need to have an approved application & all supporting documents on file before we can accept a deposit on a property, so we recommend you also go ahead and start our application process if you haven't already. Check out our website for app link & listings!
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 3588 Terrace Dr, Memphis, TN 38127, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- More space
- The 3-bedroom is 122 sqft larger than other listings nearby
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
Address details
| Neighborhood | Westside |
|---|---|
| Zip code | 38127 |
| Type | House for rent |
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Rent trends in Westside
3-bedroom apartments at 3588 Terrace Dr cost about 3% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Jan 10 2026.
Westside
Memphis
| Month | Median Rent |
|---|---|
| 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 | $1,314 |
| December 2025 | $1,301 |
| January 2026 | $1,295 |
| Month | Median Rent |
|---|---|
| February 2024 | $975 |
| March 2024 | $975 |
| April 2024 | $1,025 |
| May 2024 | $1,025 |
| June 2024 | $1,057 |
| July 2024 | $1,172 |
| August 2024 | $1,036 |
| September 2024 | $1,015 |
| October 2024 | $1,031 |
| November 2024 | $1,010 |
| December 2024 | $1,000 |
| January 2025 | $953 |
| February 2025 | $940 |
| March 2025 | $935 |
| May 2025 | $944 |
| June 2025 | $962 |
| July 2025 | $1,067 |
| August 2025 | $1,013 |
| September 2025 | $985 |
| October 2025 | $990 |
| November 2025 | $957 |
| December 2025 | $938 |
| January 2026 | $950 |
Affordability calculator
Can I afford to live at 3588 Terrace 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
$39,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,000 annually to afford this 3-bedrooms monthly rent price of $975.
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 | |||||
|---|---|---|---|---|---|
| 5 years ago | $795 | 3 bed | 1 bath | ||
| 10 years ago | $500 | 2 bed | 1 bath |
Schools near 3588 Terrace Dr
Westside Elementary School
3347 dawn dr
memphis, TN, 38127
PK, K-5Public
C-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
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Internet available near 3588 Terrace Dr
Neighborhood
Westside | Memphis, TN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 3588 Terrace Dr
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 3588 Terrace Dr, Memphis
Groceries
2/10
No grocery stores within walking distance
Shopping
3/10
Some shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
2/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Other units at this address
3588 Terrace Dr, Memphis, TN
3588 Terrace Dr Memphis, TN
Occupied
2 Beds, 1 Bath
2 Beds
1 Bath
$500
In-Unit Laundry • Assigned Parking
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