6 Hours Ago
Location
516 S Yates Rd #1, Memphis, TN 38120, USA
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Property Overview
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
Elementary school nearby- Dishwasher
- Fireplace
Great for
Pet owners
Amenities for 516 S Yates Rd #1
Grounds
| 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
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About 516 S Yates Rd #1
Spacious and beautifully maintained 4-bedroom, 3.5-bath home offering 3,049 square feet of comfortable living space in a highly desirable East Memphis location. This exceptional property features multiple living areas, a cozy fireplace, and a well-appointed kitchen complete with all appliances. Step outside and enjoy your own private backyard oasis featuring an in-ground swimming pool, perfect for relaxing or entertaining family and friends. Pool service is included in the monthly rent, allowing you to enjoy the pool without the hassle of maintenance. The home's generous floor plan provides ample space for families, professionals, or anyone seeking extra room to live and work comfortably. Conveniently located near shopping, dining, schools, and major Memphis attractions. **Property Features:** * 4 Bedrooms * 3.5 Bathrooms * 3,049 Sq. Ft. * Private Swimming Pool * Pool Service Included * Fireplace * All Kitchen Appliances Included * Spacious Living Areas * Desirable East Memphis Location **Monthly Rent:** $3,750 **Tenant Responsibilities:** All utilities and landscape maintenance. Contact us today to schedule a private showing of this outstanding East Memphis home.
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 516 South Yates Road, Memphis, TN 38120, US compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 1 mile away
- Dishwasher
- Dishwasher available in kitchen
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Zip code | 38120 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
4-bedroom apartments at 516 S Yates Rd #1 cost about 134% more than the average rent price for 4-bedroom apartments in Memphis.
Median rents as of Jun 20 2026.
Memphis
| Month | Median Rent |
|---|---|
| July 2024 | $1,688 |
| August 2024 | $1,695 |
| September 2024 | $1,695 |
| October 2024 | $1,713 |
| November 2024 | $1,734 |
| December 2024 | $1,745 |
| January 2025 | $1,783 |
| February 2025 | $1,742 |
| March 2025 | $1,754 |
| April 2025 | $1,750 |
| May 2025 | $1,743 |
| June 2025 | $1,703 |
| July 2025 | $1,697 |
| August 2025 | $1,695 |
| September 2025 | $1,702 |
| October 2025 | $1,659 |
| November 2025 | $1,664 |
| December 2025 | $1,650 |
| January 2026 | $1,650 |
| February 2026 | $1,610 |
| March 2026 | $1,611 |
| April 2026 | $1,650 |
| May 2026 | $1,629 |
| June 2026 | $1,625 |
Affordability calculator
Can I afford to live at 516 S Yates Rd #1?
Bedrooms
4+ 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
$150,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $150,000 annually to afford this 4-bedrooms monthly rent price of $3,750.
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 | |||||
|---|---|---|---|---|---|
| 9 months ago | $4,495 | 4 bed | 3.5 bath | ||
| 5 years ago | $4,250 | 4 bed | 3.5 bath |
Schools near 516 S Yates Rd #1
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-
Riverdale Elementary School
7391 neshoba rd
germantown, TN, 38138
PK, K-8Public
A
Parkway Village Elementary School
3000 claudette rd
memphis, TN, 38118
PK, K-5Public
C-
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
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Internet available near 516 S Yates Rd #1
Neighborhood
Getting around Memphis near 516 S Yates Rd #1
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
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 516 S Yates Rd #1, Memphis
Groceries
5/10
Variety of groceries within a short drive
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
4/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
5/10
At least one elementary school within a 20-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
4/10
Some bars within a short drive
Other units at this address
516 South Yates Road, Memphis, TN
516 South Yates Road Memphis, TN
Occupied
4 Beds, 3.5 Baths
4 Beds
3.5 Baths
$4,495
Outdoor Space • Hardwood Floor • Carpet • Assigned Parking • Ceiling Fan • Balcony
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