Updated 11 Hours Ago
Location
4850 Summerlane Ave, Memphis, TN 38118, USA|Southeast Memphis
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Amenities for 4850 Summerlane Ave, Southeast Memphis
Features
| Hardwood Floor |
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
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About 4850 Summerlane Ave
Coming Available Soon! Estimated to be ready for self-guided tours and move in on October 15th! Currently accepting applications! Your estimated total monthly payment is $1,292.89 The total estimated monthly payment is comprised of the following: Mandatory Fees: Base Rent - $1,245.00 Smart Home Fee - $22.95 (smart front door lock and smart thermostat) Damage Waiver Fee - $14.95 (Covers up to $100,000 for resident-caused damage from fire, water, smoke, explosions, sewer backups, or falling objects.) Utility Management - $9.99 (services for managing utility accounts) - Additionally, a one-time set-up fee of $30.00 is charged on your first month's bill. Optional Fees: Animal Fees - Approved animals incur a non-refundable pet fee of $250 - $350 per animal and a monthly pet rent of $30 - $35 per animal (subject to applicable law). Pet fees and pet rent do not apply to service or support animals. Please note that we have breed restrictions, including but not limited to Pit Bull Terriers, Doberman Pinschers, Rottweilers, Staffordshire Terriers, German Shepherds, Chows, Bull Mastiffs, Huskies, Alaskan Malamutes, Wolf Dog Hybrids, Great Danes, St. Bernards, Akitas, and Rhodesian Ridgebacks, as well as any mixed breeds containing these types. Other Fees: In addition to the total monthly payment, Tenant(s) are also responsible for additional costs including, but not limited to, utilities, optional services, conditional and other applicable charges. All fees are subject to change and will be outlined in the lease agreement. Tours: To ensure a secure process, please schedule tours and apply for our properties exclusively through the official Evergreen Live website Property Description: Welcome home! This 3-bedroom, 2-bathroom gem is ready for you to move in offering a sprawling 1724 square feet. The house offers the elegance of both hardwood and luxury laminate flooring providing both style and durability. Prepare culinary delights in the fully equipped kitchen, featuring black appliances that elevate your cooking experience to new heights. With ample counter space and cabinets, organizing your kitchen essentials becomes a breeze, ensuring both functionality and style. This home is equipped with modern conveniences to enhance your lifestyle. A smart home lock and thermostat add a layer of sophistication and efficiency. Listing Disclosures: All leasing information is believed to be accurate; however, photos are representative only and may not reflect current appliances and/or features of the home. Square footage is estimated, and prices, specials and dates may change without notice and are not guaranteed until a lease agreement is executed. Application: An application fee of $50 per applicant for 18 and over is required, and the minimum lease term is one year (12 months). Completed applications are reviewed on a first-come, first-served basis, and the security deposit varies based upon TransUnion Resident Score credit criteria. You must have a verifiable source of income that is at least three times the monthly rent. After you submit your lease application, all adult applicants receive an invitation from **** with a link to guide you through your income verification. All applicants must complete the process within 48 hours of receiving an invite or your application may be delayed or not approved. Security Deposit: A cash security deposit range from one to one and a half months’ rent is due prior to moving-in. Cash security deposits are el..
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 4850 Summerlane Ave compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 524 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- High school nearby
- There is a high school 0.4 mile away
Address details
| Neighborhood | Southeast Memphis |
|---|---|
| Zip code | 38118 |
| Type | House for rent |
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Rent trends in Southeast Memphis
3-bedroom apartments at 4850 Summerlane Ave cost about 4% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Sep 19 2026.
Southeast Memphis
Memphis
| Month | Median Rent |
|---|---|
| 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 | $1,368 |
| June 2026 | $1,374 |
| July 2026 | $1,362 |
| August 2026 | $1,350 |
| September 2026 | $1,350 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,295 |
| November 2024 | $1,266 |
| December 2024 | $1,296 |
| January 2025 | $1,348 |
| February 2025 | $1,355 |
| March 2025 | $1,391 |
| April 2025 | $1,330 |
| May 2025 | $1,357 |
| June 2025 | $1,356 |
| July 2025 | $1,364 |
| August 2025 | $1,282 |
| September 2025 | $1,253 |
| October 2025 | $1,230 |
| November 2025 | $1,218 |
| December 2025 | $1,223 |
| January 2026 | $1,223 |
| February 2026 | $1,212 |
| March 2026 | $1,204 |
| April 2026 | $1,252 |
| May 2026 | $1,283 |
| June 2026 | $1,313 |
| July 2026 | $1,353 |
| August 2026 | $1,303 |
| September 2026 | $1,295 |
Affordability calculator
Can I afford to live at 4850 Summerlane Ave?
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
$49,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $49,800 annually to afford this 3-bedrooms monthly rent price of $1,245.
For more information on rent affordability, visit our rent calculator.
Schools near 4850 Summerlane Ave
Evans Elementary School
4949 cottonwood rd
memphis, TN, 38118
PK, K-5Public
C
Parkway Village Elementary School
3000 claudette rd
memphis, TN, 38118
PK, K-5Public
C-
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
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Internet available near 4850 Summerlane Ave
Neighborhood
Southeast Memphis | Memphis, TN
Getting around Memphis near 4850 Summerlane Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
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 4850 Summerlane Ave, Memphis
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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