5+ Days Ago
Highlights
Pet Friendly
- Attached garage
- Tile and hardwood flooring
- Fenced yard
Location
5164 Walton Lake Dr, Memphis, TN 38118, USA
Tour 5164 Walton Lake Dr
Contact
Reedy & Company
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Property management
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Property Overview
Featuring an attached garage, tile and hardwood flooring, and a fenced yard, this residence offers a blend of functionality and style. With a highly-rated middle school just over 0.3 miles away and a strong position in the 96th percentile for value per square foot, it presents an attractive opportunity. Additionally, the property is pet-friendly, providing ample outdoor spaces and no breed restrictions, enhancing its appeal for pet owners.
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
More space- Middle school nearby
- Dishwasher
Great for
Pet owners
Amenities for 5164 Walton Lake Dr
Apartment Amenities
| Air Conditioning | Air Conditioning (Central) |
| Hardwood Floor | Washer/Dryer Hookups |
Appliances
| Dishwasher |
Building
| Cats OK | Dogs OK |
| Garage Attached |
Grounds
| Garage Parking | Outdoor Space |
| Yard |
Services
| Concierge Service | Move-in Concierge |
| Spanish Speaking Staff |
Other
| Credit Building | Filter Delivery |
| Online Maintenance Portal | Online Rent Payment |
| Renters Insurance Included | Resident Rewards Program |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 5164 Walton Lake Dr
Welcome to 5164 Walton Lake Dr, a charming 3-bedroom, 1.5-bathroom home located in the vibrant city of Memphis, TN. This home is pet-friendly and comes with a dishwasher, washer/dryer hookups, and central air conditioning for your comfort. The interior boasts tile and hardwood flooring, adding a touch of elegance to the space. The attached garage provides convenient parking, while the fenced yard offers a private outdoor space for relaxation or play. The online maintenance portal and rent payment system offer a seamless living experience. As a resident, you'll also enjoy the benefits of our Resident Rewards Program and credit building opportunities. Plus, your rent includes renters insurance for added peace of mind. With a move-in concierge service and filter delivery, we've taken care of all the details to make your move as smooth as possible. Experience the perfect blend of comfort and convenience at 5164 Walton Lake Dr.
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 5164 Walton Lake Dr compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 609 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 0.3 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 38118 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 5164 Walton Lake Dr cost about 11% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 18 2025.
Memphis
| Month | Median Rent |
|---|---|
| November 2023 | $1,368 |
| December 2023 | $1,368 |
| 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 | $1,341 |
Affordability calculator
Can I afford to live at 5164 Walton Lake 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
$59,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $59,600 annually to afford this 3-bedrooms monthly rent price of $1,490.
For more information on rent affordability, visit our rent calculator.
Schools near 5164 Walton Lake Dr
Cromwell Elementary School
4989 cromwell rd
memphis, TN, 38118
PK, K-5Public
C
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
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Internet available near 5164 Walton Lake Dr
Getting around Memphis near 5164 Walton Lake Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 5164 Walton Lake Dr, Memphis
Groceries
7/10
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
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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