1 Hour Ago
Location
5405 Cottonwood Rd, Memphis, TN 38115, USA|Southeast Memphis
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Amenities for 5405 Cottonwood Rd, Southeast Memphis
Appliances
| Dishwasher |
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
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About 5405 Cottonwood Rd
Your estimated total monthly payment is: $1,542.89 The total estimated monthly payment is comprised of the following: Mandatory Fees: Base Rent - $1,495.00 Smart Home Fee - $22.95 (smart front door lock and smart thermostat) Damage Waiver Fee - $14.95 (Covers up to $100,000 for resident-caused damage from fire, water, smoke, explosions, sewer backups, or falling objects.) Utility Management - $9.99 (services for managing utility accounts) Additionally, a one-time set-up fee of $30.00 is charged on your first month's bill. Optional Fees: Animal Fees - Approved animals incur a non-refundable pet fee of $250 - $350 per animal and a monthly pet rent of $30 - $35 per animal (subject to applicable law). Pet fees and pet rent do not apply to service or support animals. Please note that we have breed restrictions, including but not limited to Pit Bull Terriers, Doberman Pinschers, Rottweilers, Staffordshire Terriers, German Shepherds, Chows, Bull Mastiffs, Huskies, Alaskan Malamutes, Wolf Dog Hybrids, Great Danes, St. Bernards, Akitas, and Rhodesian Ridgebacks, as well as any mixed breeds containing these types. Other Fees: In addition to the total monthly payment, Tenant(s) are also responsible for additional costs including, but not limited to, utilities, optional services, conditional and other applicable charges. All fees are subject to change and will be outlined in the lease agreement. Tours: To ensure a secure process, please schedule tours and apply for our properties exclusively through the official Evergreen Live website. Property Description: Spacious 3-bedroom, 2-bath home with 1,603 sq ft featuring brand-new flooring throughout. Move-in ready with all appliances included—refrigerator, stove, and dishwasher. Functional layout with generous living space and comfortable bedrooms, perfect for families or roommates looking for convenience and comfort. Listing Disclosures: All leasing information is believed to be accurate; however, photos are representative only and may not reflect current appliances and/or features of the home. Square footage is estimated, and prices, specials and dates may change without notice and are not guaranteed until a lease agreement is executed. Application: An application fee of $50 per applicant for 18 and over is required, and the minimum lease term is one year (12 months). Completed applications are reviewed on a first-come, first-served basis, and the security deposit varies based upon TransUnion Resident Score credit criteria. You must have a verifiable source of income that is at least three times the monthly rent. After you submit your lease application, all adult applicants receive an invitation from our income verification service, Payscore, with a link to guide you through your income verification. All applicants must complete the process within 48 hours of receiving an invitation or your application may be delayed or not approved. Security Deposit: A cash security deposit range from one to one and a half months’ rent is due prior to moving-in. Cash security deposits are eligible for refund upon vacating the home, less deductions for damages, unpaid rent or other charges, in each case subject to applicable law. This home accepts Housing Choice Vouchers! Please ensure your Housing Voucher, RTA Packet, and Affordability Sheet (if applicable) are attached to your application as proof of income. Please be aware that rental fraud and rental scams are on the rise. Evergreen Live will never ask y..
Address details
| Neighborhood | Southeast Memphis |
|---|---|
| Zip code | 38115 |
| Type | House for rent |
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Rent trends in Southeast Memphis
3-bedroom apartments at 5405 Cottonwood Rd cost about 22% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Jan 10 2026.
Southeast Memphis
Memphis
| Month | Median Rent |
|---|---|
| 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 | $1,338 |
| November 2025 | $1,314 |
| December 2025 | $1,301 |
| January 2026 | $1,295 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,279 |
| March 2024 | $1,317 |
| April 2024 | $1,398 |
| May 2024 | $1,426 |
| June 2024 | $1,410 |
| July 2024 | $1,363 |
| August 2024 | $1,355 |
| September 2024 | $1,321 |
| October 2024 | $1,295 |
| November 2024 | $1,266 |
| December 2024 | $1,296 |
| January 2025 | $1,348 |
| February 2025 | $1,355 |
| March 2025 | $1,391 |
| April 2025 | $1,330 |
| May 2025 | $1,357 |
| June 2025 | $1,356 |
| July 2025 | $1,364 |
| August 2025 | $1,282 |
| September 2025 | $1,253 |
| October 2025 | $1,230 |
| November 2025 | $1,218 |
| December 2025 | $1,223 |
| January 2026 | $1,225 |
Affordability calculator
Can I afford to live at 5405 Cottonwood Rd?
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
$59,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $59,800 annually to afford this 3-bedrooms monthly rent price of $1,495.
For more information on rent affordability, visit our rent calculator.
Schools near 5405 Cottonwood Rd
Fox Meadows Elementary School
2960 emerald st
memphis, TN, 38115
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 5405 Cottonwood Rd
Neighborhood
Southeast Memphis | Memphis, TN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 5405 Cottonwood Rd
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
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 5405 Cottonwood Rd, Memphis
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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