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modified
5+ Days Ago

Location

3937 Mallard Point Drive, Memphis, TN 38128, USA|Lakewood Hills

Property Overview

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • More space
  • Elementary school nearby
  • Dishwasher

Great for

  • Pet owners

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Rent trends in Lakewood Hills

3-bedroom apartments at 3937 Mallard Point Dr cost about 19% less than the average rent price for 3-bedroom apartments in Memphis.

Median rents as of Feb 21 2026.
Memphis
A table of 3-bedroom apartment rental data trends in Memphis
MonthMedian Rent
March 2024$1,385
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
February 2026$1,296

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 3937 Mallard Point Dr, Memphis, TN.
11 years ago$1,050

Schools near 3937 Mallard Point Dr

Scenic Hills Elementary School

3450 scenic hwy

memphis, TN, 38128

PK, K-5Public
C-

Salome Elementary School

38128 saguaro & main

salome, AZ, 85348

PK, K-8Public
C-

Early Childhood Program Partnering Centers

330 jackson ave

memphis, TN, 38112

PK, KPublic

Bartlett Elementary School

3932 billy maher rd

bartlett, TN, 38135

PK, K-5Public
A

Altruria Elementary School

6641 deermont dr

bartlett, TN, 38134

PK, K-5Public
A-
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Neighborhood

Lakewood Hills | Memphis, TN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Memphis near 3937 Mallard Point Drive

Walking

3/10
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 3937 Mallard Point Drive, Memphis

Groceries

4/10
The nearest general grocery store is within a 15-to-20 minute walk.

Shopping

4/10
Some fashion stores are within walking distance.

Cafes

1/10
The closest café is within a 30-minute walk.

Restaurants

3/10
Some restaurants are within walking distance.

Primary schools

4/10
The closest elementary school is within a 15-to-20-minute walk.

Parks

5/10
Very few or no parks in the area.

Nightlife

1/10
The closest bar is within a 30-minute walk.

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Studio apartment rentals in Memphis46 listings

46 listings

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