5+ Days Ago
Highlights
Pet Friendly
- Storage space
- Spacious living areas
- Modern finishings
- Closets
- Relaxing
Location
5041 Davis Cove, Memphis, Tennessee 38116, United States
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Property Overview
Located in a desirable area, this property features modern finishings, spacious living areas, and ample storage space, providing a relaxing environment. With convenient access to public transport and a top-rated high school nearby, it offers practical benefits for daily living while also being pet-friendly with a dog park close by. The abundance of photos available allows potential renters to feel well-informed about their options.
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
High school nearby- Images Available
Great for
Pet owners
Amenities for 5041 Davis Cove
Building
| Cats OK | Dogs OK |
Grounds
| Outdoor Space | Storage |
| Swimming Pool |
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
Questions about this property’s policies and fees?
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About 5041 Davis Cove
Welcome to your dream home! Step inside this pet-friendly home featuring modern finishings and a layout designed with functionality in mind. Enjoy the storage space found in the kitchen and closets as well as the spacious living areas and natural light throughout. Enjoy outdoor living in your yard, perfect for gathering, relaxing, or gardening! Take advantage of the incredible location, nestled in a great neighborhood with access to schools, parks, dining and more. Don't miss a chance to make this house your next home! Beyond the home, experience the ease of our technology-enabled maintenance services, ensuring hassle-free living at your fingertips. Help is just a tap away! Self-touring is available 8 AM - 8PM. Apply now! There is a one-time application fee of $50 per adult, a Security Deposit of one month's rent, and any applicable fees for Pets ($250 non-refundable deposit + $35/month per pet), Pools ($150/mo), Septic systems ($15/mo), and any applicable HOA amenity fees. We do not advertise on or ask for payment via check, cash, wire transfer, or cash apps. By requesting information to apply for or tour this property, you agree to receive text messages from Main Street Renewal. Message and data rates may apply. You can reply STOP at any time to opt out. This property allows self guided viewing without an appointment. Contact for details.
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 5041 Davis Cove compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Zip code | 38116 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 5041 Davis Cove cost about 3% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Dec 13 2025.
Memphis
| Month | Median Rent |
|---|---|
| December 2023 | $1,375 |
| 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 | $1,314 |
| December 2025 | $1,304 |
Affordability calculator
Can I afford to live at 5041 Davis 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
$50,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,200 annually to afford this 3-bedrooms monthly rent price of $1,255.
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.| 2 months ago | $1,265 |
Schools near 5041 Davis Cove
Whitehaven Elementary STEM School
4783 elvis presley blvd
memphis, TN, 38116
PK, K-5Public
C-
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
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Internet available near 5041 Davis Cove
Getting around Memphis near 5041 Davis Cove
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5041 Davis Cove, Memphis
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
0/10
Few or no bars within walking distance
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