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One-time.
One-time. Refundable.
Property Status: Active Welcome to 494 Fernwood Avenue! This charming rental is now available and ready for its next resident. Conveniently located in Memphis with easy access to nearby shopping, dining, schools, and major roadways. Schedule your showing today! Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
| Neighborhood | Concerned Citizens Network System, Inc |
|---|---|
| Zip code | 38106 |
| Type | House for rent |
3-bedroom apartments at 494 Fernwood Ave cost about 21% more than the average rent price for 3-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| August 2024 | $1,397 |
| 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 | $1,368 |
| June 2026 | $1,374 |
| July 2026 | $1,362 |
| August 2026 | $1,350 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,138 |
| September 2024 | $1,137 |
| January 2025 | $1,035 |
| February 2025 | $1,035 |
Can I afford to live at 494 Fernwood Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$50,000/yr
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Concerned Citizens Network System, Inc | Memphis, TN
221 listings
896 listings