2 Days Ago
Location
4560 Parkwood Rd, Memphis, TN 38128, USA|Raleigh-Ridge Park
Tour 4560 Parkwood Rd
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Property Overview
High value per square foot and a solid photo set of 17 images make it easier to understand the condition, layout, and finishes before visiting in person. The home’s notable features, combined with its strong value metric, may appeal to renters or buyers seeking a property that visually presents well and compares favorably to others in the area.
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- Images Available
- Laundry available on site
Great for
Pet owners
Amenities for 4560 Parkwood Rd, Raleigh-Ridge Park
Appliances
| Garbage Disposal |
Community
| Laundry Hookups | Onsite Laundry |
Grounds
| Swimming Pool |
Services
| On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
All Policy
Allowed
Limit3
Questions about this property’s policies and fees?
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About 4560 Parkwood Rd
Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more… that's the power of purple! This 3-bedroom, 2-bathroom rental home in Memphis, TN, might be the perfect fit for your lifestyle. See the pictures to learn more. And apply soon – homes can go fast! This home is available to pre-lease! Reserve it by paying a refundable Hold Fee. (Exceptions apply in Colorado.) Find out more about Pre-Leasing at ? https www firstkeyhomes com pre-leasing ? This home is currently occupied and coming soon; please respect the current resident's privacy and do not disturb. Please note that the advertised price may exclude additional fees. These include a $55 application fee per applicant; a one-time $75 admin fee; an $11 monthly utility management fee; other mandatory fees, if applicable, for pool maintenance, pet fees/rent, smart home, internet service, and propane refilling; and optional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99). HOAs may also charge mandatory application and amenity fees, where applicable, which must be paid directly to the HOA. For a comprehensive overview of all potential fees, please see our Rental Fees page. FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent-you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities - including St. Louis and Chicago - require a home inspection prior to a new resident taking possession of the home. Please note that your move-in date could be adjusted to accommodate inspection requirements. Ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through, Facebook Marketplace, or other classified advertising services. All applications and lease signing can only be completed through our online platform. We will never ask for wire transfers, cash apps like Venmo, Zelle, Cash App, PayPal, or any other transferring method to collect funds. Some photos may feature virtual furniture staging, which is intended to help visualize the space and potential designs. The rental home does not come with any furniture shown in the images and these virtual images do not represent actual furnishings. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary; photos may be of similar home/floorplan; home may be under construction and photos may not be of actual home; individual homes, amenities, features, and views may differ.
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 4560 Parkwood Rd compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 492 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Neighborhood | Raleigh-Ridge Park |
|---|---|
| Zip code | 38128 |
| Type | House for rent |
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Rent trends in Raleigh-Ridge Park
3-bedroom apartments at 4560 Parkwood Rd cost about 8% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of May 23 2026.
Raleigh-Ridge Park
Memphis
| Month | Median Rent |
|---|---|
| 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 | $1,295 |
| March 2026 | $1,299 |
| April 2026 | $1,342 |
| May 2026 | $1,362 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,523 |
| July 2024 | $1,506 |
| August 2024 | $1,379 |
| September 2024 | $1,461 |
| October 2024 | $1,483 |
| November 2024 | $1,456 |
| December 2024 | $1,484 |
| January 2025 | $1,495 |
| February 2025 | $1,420 |
| March 2025 | $1,472 |
| April 2025 | $1,455 |
| May 2025 | $1,404 |
| June 2025 | $1,422 |
| July 2025 | $1,388 |
| August 2025 | $1,364 |
| September 2025 | $1,397 |
| October 2025 | $1,335 |
| November 2025 | $1,331 |
| December 2025 | $1,350 |
| January 2026 | $1,439 |
| February 2026 | $1,421 |
| March 2026 | $1,440 |
| April 2026 | $1,450 |
| May 2026 | $1,450 |
Affordability calculator
Can I afford to live at 4560 Parkwood Rd?
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
$52,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,600 annually to afford this 3-bedrooms monthly rent price of $1,315.
For more information on rent affordability, visit our rent calculator.
Schools near 4560 Parkwood Rd
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-
Rivercrest Elementary School
4825 rivercrest
bartlett, TN, 38135
PK, K-5Public
A-
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Internet available near 4560 Parkwood Rd
Neighborhood
Raleigh-Ridge Park | Memphis, TN
Getting around Memphis near 4560 Parkwood Rd
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 4560 Parkwood Rd, Memphis
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
2/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
4/10
At least one elementary school within a 30-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
0/10
Few or no bars within walking distance
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