Updated 5+ Days Ago
Location
4517 Gailwood Ave #1, Memphis, TN 38122, USA
Tour 4517 Gailwood Ave #1
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One-time. Refundable.
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About 4517 Gailwood Ave #1
This is a single family home that contains 1,636 sq ft and was built in 1961. It contains 3 bedrooms and 1.5 bathrooms. This home is priced to rent and won't be around for long. Apply now, while the house is being renovated and updated. We provide our viewings with an easy experience starting with the flexibility to tour between 8 am-8 pm, applying for a home online, and our dedicated teams ready to assist with any needs. Pet allowed on this property. This property allows self-guided viewing without an appointment. Contact us for details. Application fee is $48.00 and it is NONREFUNDABLE. The application review process is taking longer than normal. You should expect a response within 2-4 days. This is a 1636 square foot, 3 bedroom, single family home. Like all our homes, this one features: a great location in a desirable neighborhood, a comfortable layout with good-sized bedrooms and bathrooms, a great kitchen with plenty of counter and cabinet space, many updated and upgraded features, a carport, and a spacious yard, and it's pet friendly. We provide our viewings with an easy experience starting with the flexibility to tour between 8 am-8 pm, applying for a home online, and our dedicated teams ready to assist with any needs. This property allows self guided viewing without an appointment. Contact us for details. Application fee is $48.00 and it is NONREFUNDABLE. The application review process is taking longer than normal. You should expect a response within 2-4 days.
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 4517 Gailwood Ave, Memphis, TN 38122, USA compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.2 miles away
- More space
- The 3-bedroom is 388 sqft larger than other listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.8 miles away
Address details
| Zip code | 38122 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 4517 Gailwood Ave #1 cost about 4% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 3 2026.
Memphis
| Month | Median Rent |
|---|---|
| October 2024 | $1,397 |
| 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 4517 Gailwood Ave #1?
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
$51,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this 3-bedrooms monthly rent price of $1,295.
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 | |||||
|---|---|---|---|---|---|
| Last month | $1,295 | 3 bed | 1.5 bath | ||
| 4 years ago | $1,350 | 3 bed | 1.5 bath | ||
| 4 years ago | $1,350 | 3 bed | 1.5 bath | ||
| 4 years ago | $1,350 | 3 bed | 1.5 bath |
Schools near 4517 Gailwood Ave #1
Wells Station Elementary School
1610 wells station rd
memphis, TN, 38108
PK, K-5Public
C+
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Salome Elementary School
38128 saguaro & main
salome, AZ, 85348
PK, K-8Public
C-
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Internet available near 4517 Gailwood Ave #1
Neighborhood
Getting around Memphis near 4517 Gailwood Ave #1
Walking
4/10
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 4517 Gailwood Ave #1, Memphis
Groceries
3/10
At least one grocery store within a 30-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
5/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Other units at this address
4517 Gailwood Ave, Memphis, TN
4517 Gailwood Ave Memphis, TN
Occupied
3 Beds, 1.5 Baths
3 Beds
1.5 Baths
$1,350
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