13 Hours Ago
Location
5283 Ridgelaurel Ter, Memphis, TN 38125, USA|Lake Village
Tour 5283 Ridgelaurel Ter
Contact
Meridian Property Management
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Property Overview
Located just 0.15 miles from the nearest grocery store and within convenient distances to top-rated elementary and middle schools, this property offers advantageous accessibility. It ranks in the 75.56 percentile for value for money compared to other local properties, highlighting its competitive pricing and favorable investment potential. Overall, it features a blend of practicality, quality education options, and strong value perception in the neighborhood.
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
Middle school nearby- Less expensive
- Elementary school nearby
Great for
Social life
Policies and fees
Contact for more information on pet policy.
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About 5283 Ridgelaurel Ter
5283 Ridgelaurel Ter cost $1,795 per month. Located at 5283 Ridgelaurel Ter, Memphis, TN 38125, USA, this unit has 4 bedrooms and 2 bathrooms. Based on the average rent price of 4 bedrooms in Olive Branch, renting this apartment is 8% cheaper per month.Other available apartments to lease near Olive Branch around the same price include but are not limited to: 631 S Graham St, 3826 Cosgrave Cv, 3649 Marion Ave, 6565 Mallard Ridge 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 5283 Ridgelaurel Ter compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.4 mile away
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
Address details
| Neighborhood | Lake Village |
|---|---|
| Zip code | 38125 |
| Type | Apartment for rent |
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Rent trends in Lake Village
4-bedroom apartments at 5283 Ridgelaurel Ter cost about 8% less than the average rent price for 4-bedroom apartments in Olive Branch.
Median rents as of Aug 30 2025.
Lake Village
Olive Branch
| Month | Median Rent |
|---|---|
| September 2023 | $1,891 |
| October 2023 | $2,040 |
| November 2023 | $2,032 |
| December 2023 | $2,148 |
| January 2024 | $1,996 |
| February 2024 | $1,929 |
| March 2024 | $2,145 |
| April 2024 | $2,245 |
| May 2024 | $2,175 |
| June 2024 | $2,005 |
| July 2024 | $2,590 |
| August 2024 | $2,625 |
| September 2024 | $2,625 |
| October 2024 | $2,574 |
| November 2024 | $2,625 |
| December 2024 | $2,293 |
| January 2025 | $2,362 |
| February 2025 | $2,635 |
| March 2025 | $2,581 |
| April 2025 | $2,592 |
| May 2025 | $2,359 |
| June 2025 | $2,060 |
| July 2025 | $2,071 |
| August 2025 | $2,032 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,875 |
| October 2023 | $2,040 |
| November 2023 | $2,032 |
| December 2023 | $2,148 |
| January 2024 | $1,933 |
| February 2024 | $1,995 |
| March 2024 | $2,078 |
| June 2024 | $2,335 |
| July 2024 | $2,590 |
| August 2024 | $2,625 |
| September 2024 | $2,625 |
| October 2024 | $2,574 |
| November 2024 | $2,625 |
| December 2024 | $2,293 |
| January 2025 | $2,362 |
| February 2025 | $2,635 |
| March 2025 | $2,581 |
| April 2025 | $2,592 |
| May 2025 | $2,359 |
| June 2025 | $2,060 |
| July 2025 | $2,071 |
| August 2025 | $2,032 |
Affordability calculator
Can I afford to live at 5283 Ridgelaurel Ter?
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
$71,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $71,800 annually to afford this 4-bedrooms monthly rent price of $1,795.
For more information on rent affordability, visit our rent calculator.
Schools near 5283 Ridgelaurel Ter
Highland Oaks Elementary School
5252 annandale rd
memphis, TN, 38125
PK, K-5Public
C
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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 5283 Ridgelaurel Ter
Neighborhood
Lake Village | Olive Branch, TN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 5283 Ridgelaurel Ter
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
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 5283 Ridgelaurel Ter, Memphis
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
0/10
Minimal park space nearby
Nightlife
1/10
Few or no bars within walking distance
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