5+ Days Ago
Location
514 Western Dr, Memphis, TN 38122, USA
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Amenities for 514 Western Dr
Grounds
| Storage |
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
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Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 514 Western Dr
Property Status: Active Charming 2-bedroom, 1-bath home with new floors, fresh paint, and 2 storage units. Located in a quiet neighborhood close to shopping and restaurants near the Summer Avenue area. Office Phone: (901) 490-0092 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 514 Western Dr compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 54 sqft larger than other listings nearby
- 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
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Zip code | 38122 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
2-bedroom apartments at 514 Western Dr cost about 28% more than the average rent price for 2-bedroom apartments in Memphis.
Median rents as of May 23 2026.
Memphis
| Month | Median Rent |
|---|---|
| June 2024 | $1,052 |
| July 2024 | $1,081 |
| August 2024 | $1,107 |
| September 2024 | $1,164 |
| October 2024 | $1,125 |
| November 2024 | $1,150 |
| December 2024 | $1,146 |
| January 2025 | $1,151 |
| February 2025 | $1,111 |
| March 2025 | $1,107 |
| April 2025 | $1,106 |
| May 2025 | $1,104 |
| June 2025 | $1,095 |
| July 2025 | $1,091 |
| August 2025 | $1,096 |
| September 2025 | $1,096 |
| October 2025 | $1,073 |
| November 2025 | $1,050 |
| December 2025 | $1,026 |
| January 2026 | $1,012 |
| February 2026 | $1,014 |
| March 2026 | $999 |
| April 2026 | $991 |
| May 2026 | $977 |
Affordability calculator
Can I afford to live at 514 Western Dr?
Bedrooms
2 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 2-bedrooms monthly rent price of $1,245.
For more information on rent affordability, visit our rent calculator.
Schools near 514 Western Dr
Grahamwood Elementary School
3950 summer ave
memphis, TN, 38122
PK, K-5Public
B+
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-
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 514 Western Dr
Getting around Memphis near 514 Western Dr
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 514 Western Dr, Memphis
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
2/10
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
1/10
Closest high school further than a 30-minute walk
Parks
4/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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