Updated 3 Days Ago
Location
4386 Melwood St, Memphis, TN 38109, USA
Tour 4386 Melwood St
Contact
4 Success Realty
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
About 4386 Melwood St
Now Available for Rent – 4386 Melwood Street, Memphis, TN 38109 3 Bedrooms | 2 Bathrooms Welcome home to this spacious 3-bedroom, 2 bathroom home located in the 38109 area. This property offers a comfortable layout with plenty of space for living, entertaining, and making yourself at home. Property Features: * 3 spacious bedrooms * 2 full bathroom and 1 half bathroom * Spacious living area *Family room (Possible 4th bedroom) * Renovated kitchen cabinets and countertops * Plenty of storage space * Spacious front and backyard * Convenient location near shopping, dining, schools, and major roadways If you’re looking for a spacious home with room for the whole family, this property is worth checking out. Address: 4386 Melwood Street, Memphis, TN 38109 Contact us today for more information or to schedule a showing. RENTAL APPLICANT REQUIREMENTS To qualify for a rental property, applicants must meet the following requirements: • Income: Gross monthly household income must be at least 2.5 times the monthly rent. • Evictions: No evictions within the past 2 years. Evictions must be at least 2 years old to be considered. • Bankruptcy: No bankruptcies within the past 2 years. Bankruptcies must be at least 2 years old to be considered. • Criminal History: No felony convictions. • Rental History: A verifiable rental reference from a current or previous landlord is required. • Application Fee: A $60 non-refundable application fee is required for each applicant age 18 and older. • Screening: All applicants are subject to the company’s application and screening process. Additional documentation may be required to verify income, rental history, and other qualifying information.
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 4386 Melwood St compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 345 sqft larger than other listings nearby
- High school nearby
- There is a high school 0.5 miles away
- Middle school nearby
- There is a middle school 0.8 miles away
- Public transit nearby
- Only 0.7 miles from transit
- Elementary school nearby
- There is an elementary school 0.4 miles away
- Images available
- There are at least 10 photos of this address
Considerations
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Zip code | 38109 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 4386 Melwood St cost about 15% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 10 2026.
Memphis
| Month | Median Rent |
|---|---|
| October 2024 | $1,395 |
| 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 | $1,295 |
| March 2026 | $1,299 |
| April 2026 | $1,342 |
| May 2026 | $1,368 |
| June 2026 | $1,374 |
| July 2026 | $1,362 |
| August 2026 | $1,350 |
| September 2026 | $1,350 |
| October 2026 | $1,350 |
Affordability calculator
Can I afford to live at 4386 Melwood St?
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
$46,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $46,000 annually to afford this 3-bedrooms monthly rent price of $1,150.
For more information on rent affordability, visit our rent calculator.
Schools near 4386 Melwood St
Geeter School
4649 horn lake rd
memphis, TN, 38109
PK, K-8Public
C-
Westhaven Elementary School
4585 hodge rd
memphis, TN, 38109
PK, K-5Public
C-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Neighborhood
Getting around Memphis near 4386 Melwood St
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 4386 Melwood St, Memphis
Groceries
6/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
2/10
Few or no shops within a short drive
Cafes
1/10
Few or no cafés within a short drive
Restaurants
4/10
Variety of restaurants within a short drive
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within a short drive
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