2 Days Ago
Location
4120 Palm Ave, Memphis, TN 38128, USA
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Advantage Property Management
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About 4120 Palm Ave
Spacious 4 Bedroom Home with Detached 2-Car Garage & Large Storage Room Welcome to 4120 Palm in Memphis, Tennessee — a well-maintained and spacious 4-bedroom, 2-bath home offering the room and functionality today’s renters are looking for. This home features a comfortable layout with generous bedroom sizes, two full bathrooms, and plenty of natural light throughout. The large living area provides great space for relaxing or entertaining. One of the standout features is the detached 2-car garage, perfect for parking, projects, or extra storage. In addition, there is a large storage room, ideal for tools, seasonal items, or hobby space. Additional highlights: 4 spacious bedrooms 2 full bathrooms Detached 2-car garage Large dedicated storage room Functional floor plan Convenient Memphis location If on a voucher program, we do not require you to make 3 X's the monthly rental income. We will ensure you make income to cover your vouchered portion of the rent. If your voucher shopping range covers the rental amount with leeway but your an RTA has less bedrooms than our property, as long as there is room on your voucher closer to the bottom shopping range there is a possibility we could place you in a higher bedroom count home. PLEASE CALL OUR OFFICE FOR INFORMATION PRIOR TO APPLYING 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 Chapter 7 bankruptcy. (Chapter 13 is a case-by-case situation.) ..
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 4120 Palm Ave compares to other nearby properties.
Positives
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
Address details
| Zip code | 38128 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
4-bedroom apartments at 4120 Palm Ave cost about 25% less than the average rent price for 4-bedroom apartments in Memphis.
Median rents as of Feb 28 2026.
Memphis
| Month | Median Rent |
|---|---|
| March 2024 | $1,731 |
| April 2024 | $1,735 |
| May 2024 | $1,696 |
| June 2024 | $1,687 |
| July 2024 | $1,688 |
| August 2024 | $1,695 |
| 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 |
Affordability calculator
Can I afford to live at 4120 Palm Ave?
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
$47,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,800 annually to afford this 4-bedrooms monthly rent price of $1,195.
For more information on rent affordability, visit our rent calculator.
Schools near 4120 Palm Ave
Jackson Elementary School
3925 wales ave
memphis, TN, 38108
PK, K-5Public
C
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Salome Elementary School
38128 saguaro & main
salome, AZ, 85348
PK, K-8Public
C-
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Bartlett Elementary School
3932 billy maher rd
bartlett, TN, 38135
PK, K-5Public
A
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Internet available near 4120 Palm Ave
Getting around Memphis near 4120 Palm Ave
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 4120 Palm Ave, Memphis
Groceries
1/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no restaurants within walking distance
Primary schools
1/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
0/10
Few or no bars within walking distance
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