11 Hours Ago
Location
5081 Rich Rd, Memphis, TN 38117, USA
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About 5081 Rich Rd
Property Status: Active Immediate occupancy available. 6 month lease offered and possible month to month afterwards. Owner would give a 60 day notice. Welcome to this well-maintained 3 bedroom, 2 bathroom home located in the heart of East Memphis, one of the city’s most desirable and convenient neighborhoods. Situated near top-rated schools, great shopping, and popular dining spots, this home offers comfort, convenience, and a peaceful residential setting. Security deposit same as the rent. A pet may be acceptable upon owners approval. Office Phone: (901) 221-5100 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.
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 5081 Rich Rd, Memphis, TN 38117, USA compares to other nearby properties.
Positives
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Address details
| Zip code | 38117 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 5081 Rich Rd cost about 48% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Apr 18 2026.
Memphis
| Month | Median Rent |
|---|---|
| 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 | $1,301 |
| January 2026 | $1,295 |
| February 2026 | $1,295 |
| March 2026 | $1,299 |
| April 2026 | $1,340 |
Affordability calculator
Can I afford to live at 5081 Rich 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
$79,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $79,800 annually to afford this 3-bedrooms monthly rent price of $1,995.
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.| Bath | |||||
|---|---|---|---|---|---|
| 4 months ago | $1,995 | 3 bed | 2 bath | ||
| 2 years ago | $2,299 | 3 bed | 2 bath |
Schools near 5081 Rich Rd
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Richland Elementary School
5440 rich rd
memphis, TN, 38120
PK, K-5Public
A-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
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Internet available near 5081 Rich Rd
Neighborhood
Getting around Memphis near 5081 Rich Rd
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
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 5081 Rich Rd, Memphis
Groceries
3/10
At least one supermarket within a 30-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Other units at this address
5081 Rich Rd, Memphis, TN
5081 Rich Rd Memphis, TN
Occupied
NA
3 Beds
2 Baths
$1,995
Dishwasher • Assigned Parking • In-Unit Laundry • Air Conditioning • Hardwood Floor
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