5+ Days Ago
Location
549 Lane Avenue, Memphis, Tennessee 38105, United States|Winchester Park
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Property Overview
Located in a vibrant neighborhood with diverse age groups and 22 parks and recreation options, this property enhances social life with 113 restaurants within a mile. It offers exceptional value for money, ranking in the 100th percentile compared to nearby properties. Additionally, its proximity to a top-rated middle school at just under half a mile adds to its appeal as a desirable location.
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
Less expensive- Middle school nearby
Great for
Social life
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 549 Lane Avenue
549 Lane Avenue cost $575 per month. Located at 549 Lane Avenue, Memphis, Tennessee 38105, United States, this unit has 1 bedroom and 1 bathroom. Based on the average rent price of 1 bedroom in Memphis, renting this apartment is 38% cheaper per month.Other available apartments to lease near Memphis around the same price include but are not limited to: 3106 Josibpet Ln, 701 Lyman Ave, 332 Lema Pl
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 549 Lane Avenue compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.5 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Winchester Park |
|---|---|
| Zip code | 38105 |
| Type | Apartment for rent |
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Rent trends in Winchester Park
1-bedroom apartments at 549 Lane Avenue cost about 4% less than the average rent price for 1-bedroom apartments in Memphis.
Median rents as of Mar 14 2026.
Winchester Park
Memphis
| Month | Median Rent |
|---|---|
| March 2024 | $900 |
| April 2024 | $916 |
| May 2024 | $939 |
| June 2024 | $933 |
| July 2024 | $993 |
| August 2024 | $1,022 |
| September 2024 | $1,070 |
| October 2024 | $1,067 |
| November 2024 | $1,060 |
| December 2024 | $1,059 |
| January 2025 | $1,070 |
| February 2025 | $1,035 |
| March 2025 | $1,016 |
| April 2025 | $996 |
| May 2025 | $995 |
| June 2025 | $995 |
| July 2025 | $968 |
| August 2025 | $989 |
| September 2025 | $962 |
| October 2025 | $964 |
| November 2025 | $978 |
| December 2025 | $970 |
| January 2026 | $943 |
| February 2026 | $949 |
| March 2026 | $927 |
| Month | Median Rent |
|---|---|
| March 2024 | $699 |
| April 2024 | $699 |
| May 2024 | $632 |
| June 2024 | $599 |
Affordability calculator
Can I afford to live at 549 Lane Avenue?
Bedrooms
1 bedroomRent-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
$23,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $23,000 annually to afford this 1-bedroom monthly rent price of $575.
For more information on rent affordability, visit our rent calculator.
Schools near 549 Lane Avenue
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
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Internet available near 549 Lane Avenue
Getting around Memphis near 549 Lane Avenue
Walking
6/10
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
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 549 Lane Avenue, Memphis
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Explore the area around 549 Lane Avenue
A & M Market
796 Poplar Ave
Brothers Sundry
216 N Lauderdale St
Pope Street Grocery
201 Poplar Ave
D & L Food Market
752 N Dunlap St
Danny's Market
296 Chelsea Ave
New York Fashions
690 Jackson Ave
Paulett's Closet
600 Monroe Ave
University of TN Bookstore
930 Madison Ave
Family Dollar
831 Thomas St
Landau Uniform
1004 Madison Ave
Starbucks
262 Danny Thomas Pl
Starbucks
920 Madison Ave
Qahwa Coffee Bar
109 N Main St
Crazy Gander Coffee Company
150 Madison Ave
Guava Inc
1890 Berryhill Rd
Hugstable Sports Bar & Grill
813 Jackson Ave
Club Spectrum
616 Marshall Ave
Ferraro's Pizzeria & Pub
111 Jackson Ave
Luxx Grill
243 Madison Ave
The Brass Door
152 Madison Ave
Tennessee Bonding Company Memphis & Shelby Count
279 Exchange Ave
Miss Birdsong's Sweet Tooth
694 Madison Ave
Groovy Gratitude
605 N 2nd St
Plexus Slim-Danielle Turner
Cupcake Cutie Etc
109 S Court Ave
Morris Park
Malone Park
Guthrie Park
Mud Island Park
Gaston Park
Crumpys Hot Wings Downtown
336 N Dunlap St
Cozy Corner Restaurant
735 N Parkway
Encore Cafe
726 N Parkway
KFC
200 N Danny Thomas Blvd
Taqueria San Luis
186 N Danny Thomas Blvd
Poplar Avenue / Hamlin Place
Poplar
Poplar Avenue / Hamlin Place
Poplar
North Parkway / Peyton Street
Summer
Poplar Avenue / High Street
Poplar
Poplar Avenue / Orleans Street
Poplar
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