5+ Days Ago
Highlights
- Leasing professional
- Features
Location
5340 Stephen Forest Cv, Memphis, TN 38141, USA
Tour 5340 Stephen Forest Cv
Contact
FirstKey Homes
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Property Overview
Located in a strong value-per-square-foot area, the home ranks in the 80.88th percentile compared to nearby properties. Daily errands are convenient with a grocery store just about 0.23 miles away and public transportation immediately accessible. A leasing professional and available features support a more streamlined and guided renting experience.
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- Laundry available on site
Great for
Pet owners
Amenities for 5340 Stephen Forest Cv
Community
| Laundry Hookups | Onsite Laundry |
Grounds
| Swimming Pool |
Services
| On-Site Management |
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
All Policy
Allowed
Limit3
Questions about this property’s policies and fees?
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About 5340 Stephen Forest Cv
Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more… that's the power of purple! This 3-bedroom, 2-bathroom rental home in Memphis, TN, might be the perfect fit for your lifestyle. See the pictures to learn more. And apply soon – homes can go fast! This home is available to pre-lease! Reserve it by paying a refundable Hold Fee. (Exceptions apply in Colorado.) Find out more about Pre-Leasing at ? https www firstkeyhomes com pre-leasing ? This home is currently occupied and coming soon; please respect the current resident's privacy and do not disturb. Please note that the advertised price may exclude additional fees. These include a $55 application fee per applicant; a one-time $75 admin fee; an $11 monthly utility management fee; other mandatory fees, if applicable, for pool maintenance, pet fees/rent, smart home, internet service, and propane refilling; and optional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99). HOAs may also charge mandatory application and amenity fees, where applicable, which must be paid directly to the HOA. For a comprehensive overview of all potential fees, please see our Rental Fees page. FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent-you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities - including St. Louis and Chicago - require a home inspection prior to a new resident taking possession of the home. Please note that your move-in date could be adjusted to accommodate inspection requirements. Ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through, Facebook Marketplace, or other classified advertising services. All applications and lease signing can only be completed through our online platform. We will never ask for wire transfers, cash apps like Venmo, Zelle, Cash App, PayPal, or any other transferring method to collect funds. Some photos may feature virtual furniture staging, which is intended to help visualize the space and potential designs. The rental home does not come with any furniture shown in the images and these virtual images do not represent actual furnishings. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary; photos may be of similar home/floorplan; home may be under construction and photos may not be of actual home; individual homes, amenities, features, and views may differ.
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 5340 Stephen Forest Cv compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 312 sqft larger than other listings nearby
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
- Lacks images
- Fewer than 10 photos available for this location
Address details
| Zip code | 38141 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 5340 Stephen Forest Cv cost about 53% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of May 30 2026.
Memphis
| Month | Median Rent |
|---|---|
| June 2024 | $1,396 |
| 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 | $1,338 |
| 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 |
Affordability calculator
Can I afford to live at 5340 Stephen Forest Cv?
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
$85,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $85,000 annually to afford this 3-bedrooms monthly rent price of $2,125.
For more information on rent affordability, visit our rent calculator.
Schools near 5340 Stephen Forest Cv
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
Germantown Online Academy of Learning
3350 s forest hill irene rd
germantown, TN, 38138
K-12Public
Forest Hill Elementary School
3366 forest hill irene rd
germantown, TN, 38138
PK, K-5Public
A
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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Internet available near 5340 Stephen Forest Cv
Neighborhood
Getting around Memphis near 5340 Stephen Forest Cv
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 5340 Stephen Forest Cv, Memphis
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
0/10
Minimal park space nearby
Nightlife
0/10
Few or no bars within walking distance
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