1 Day Ago
Location
504 Elmfield Cove, Memphis, Tennessee 38127, United States
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About 504 Elmfield Cove
Property Status: Active Nestled on a quiet cove, this beautifully updated home offers fresh paint, brand-new flooring, and modern finishes throughout. Enjoy a spaciouslayout perfect for family living and entertaining, with plenty of natural light and a welcoming atmosphere. Move-in ready and set in a peaceful, tucked-away location —this gem combines comfort, style, and privacy. Don’t miss your chance to make it yours! Office Phone: (901) 372-8500 Copyright © 2025 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.
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 504 Elmfield Cove compares to other nearby properties.
Positives
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 3 miles away
- Greater distance from high schools
- The nearest high school is farther than 4 miles away
Address details
| Zip code | 38127 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 504 Elmfield Cove cost about 25% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Nov 15 2025.
Memphis
| Month | Median Rent |
|---|---|
| December 2023 | $1,368 |
| January 2024 | $1,355 |
| February 2024 | $1,350 |
| March 2024 | $1,378 |
| April 2024 | $1,397 |
| May 2024 | $1,398 |
| 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 | $1,313 |
Affordability calculator
Can I afford to live at 504 Elmfield Cove?
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
$39,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,960 annually to afford this 3-bedrooms monthly rent price of $999.
For more information on rent affordability, visit our rent calculator.
Schools near 504 Elmfield Cove
Northaven Elementary School
5157 n circle rd
memphis, TN, 38127
PK, K-8Public
C
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
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Internet available near 504 Elmfield Cove
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 504 Elmfield Cove
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 504 Elmfield Cove, Memphis
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
0/10
Few or no shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
1/10
Few or no restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
0/10
Minimal park space nearby
Nightlife
0/10
Few or no bars within walking distance
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