Updated 4 Days Ago
Highlights
- Professional management
- 24-hour maintenance
- Everyday conveniences
- Easy access
Location
5151 Corkwood Dr, Memphis, TN 38127, USA
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Amenities for 5151 Corkwood Dr
Features
| Air Conditioning | Carpet |
| Central Heat |
Community
| Business Center | Onsite Laundry |
Grounds
| Assigned Parking | Outdoor Space |
Services
| Package Service |
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
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 5151 Corkwood Dr
***PLEASE CALL (901) 430-4117 TO SCHEDULE A VIEWING*** Beautiful 3 bedroom, 1.5 bathroom home located in Frayser. Living Room* Kitchen* Electric Stove/Oven Hook-Ups* Vent a Hood* Breakfast Nook* Laundry Room* Blinds* Luxury Vinyl Planks* Carpet* Tile* Porch* Fenced Yard* Driveway* One Car Carport* Security/Storm Doors* Central Heat/Air* Located in the Raleigh-Frayser area of North Memphis, this home offers a convenient location with easy access to shopping, dining, schools, and major roadways. Residents are just minutes from Austin Peay Highway, Watkins Street, and I-40, making commuting throughout Memphis simple and efficient. Nearby you'll find local parks, grocery stores, restaurants, and everyday conveniences, along with easy access to Downtown Memphis and surrounding employment centers. This established neighborhood provides a great combination of accessibility, comfort, and convenience for everyday living. The Total Monthly Price of $985.95 includes base rent plus the Resident Benefits Package at $35.95 per month. The RBP includes renters insurance, air filter delivery, utility setup assistance, credit-building services, and more. Enrollment in the Resident Benefits Package is required with the rental. Additional details will be provided upon application. This property is professionally managed by Mid-South Home Rentals. We offer a 24-hour maintenance line, including night, weekend, and holiday emergency service for major plumbing and HVAC issues. Qualifications: We are seeking applicants with a credit score of 525 or higher, with an emphasis on positive recent rental history and good standing with MLGW. Please allow 3 to 5 business days for application processing. To schedule a showing, please contact April at (901) 430-4117.
Lease Terms
Regular Lease TermsProperty 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 5151 Corkwood Dr compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
- Package service
- More secure storage for delivery
Considerations
- Greater distance from high schools
- The nearest high school is farther than 4 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 3 miles away
Address details
| Zip code | 38127 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 5151 Corkwood Dr cost about 30% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Aug 1 2026.
Memphis
| Month | Median Rent |
|---|---|
| August 2024 | $1,396 |
| 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 |
Affordability calculator
Can I afford to live at 5151 Corkwood Dr?
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
$38,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this 3-bedrooms monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.
Schools near 5151 Corkwood Dr
Northaven Elementary School
5157 n circle rd
memphis, TN, 38127
PK, K-8Public
C
Salome Elementary School
38128 saguaro & main
salome, AZ, 85348
PK, K-8Public
C-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Millington Intermediate School
4964 cuba-millington rd
millington, TN, 38053
4-6Public
B-
Bartlett Elementary School
3932 billy maher rd
bartlett, TN, 38135
PK, K-5Public
A
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Internet available near 5151 Corkwood Dr
Neighborhood
Getting around Memphis near 5151 Corkwood Dr
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.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5151 Corkwood Dr, Memphis
Groceries
3/10
Some groceries within a short drive
Shopping
2/10
Few or no shops within a short drive
Cafes
1/10
Few or no cafés within a short drive
Restaurants
3/10
Some restaurants within a short drive
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
5/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within a short drive
Explore the area around 5151 Corkwood Dr
Sammen Food Market
4210 Overton Crossing St
Malcolm X Food Mart
1473 Corning Ave
CD Food Market
1846 Burnham Ave
Lovely Food Market
3427 N Watkins St
Gordins Food & Butcher Shop
3226 Thomas St
Satin Lace Boutique
4040 N Watkins St
Chickasaw
3799 Felts Station Rd
Phashion Is My Passion
6480 Walsh Rd
Family Dollar
3732 N Watkins St
Luxurious Addiction Boutique
2546 Wellons Ave
C C Blues Club
1427 Thomas St
Bam Boo Lounge
1331 Thomas St
Big Daddy Meat Market
3386 N Watkins St
Lallemand Baking Solutions
251 Stiles Dr
Lightfoot Farms
7422 Ward Rd
Memphis Best Meat
2653 James Rd
Loosahatchie Refuge
Firestone Park
Wetlands Reserve Program Area, Shelby, Tennessee
Forest
Eagle Lake Refuge Wildlife Management Area
Hunt Brothers Pizza
4991 Breckenwood Dr
Cook's Hollywood Fish Market
4249 N Watkins St
Hunt Brothers Pizza
4284 Overton Crossing St
Chester's
5390 US Highway 51 N
Hunt Brothers Pizza
1473 Corning Ave
Hawkins Mill Road / Overton Crossing St
Hollywood & Hawkins Mill
Overton Crossing St / Hawkins Mill Road
Hollywood & Hawkins Mill
Overton Crossing St / Hawkins Mill Road
Hollywood & Hawkins Mill
Hawkins Mill Road / Chattering Lane
Hollywood & Hawkins Mill
Hawkins Mill Road / Chattering Lane
Hollywood & Hawkins Mill
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