5+ Days Ago
Location
549 Lane Avenue, Memphis, Tennessee 38105, United States|Winchester Park
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Property Overview
Located in Memphis, Tennessee, the property offers notable features, including proximity to a top-rated middle school just under half a mile away. It stands out for its exceptional value, ranking in the 100th percentile compared to other local properties. This combination of educational access and high value makes it particularly appealing to a diverse range of buyers.
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 41% cheaper per month.Other available apartments to lease near Memphis around the same price include but are not limited to: 3054 Josibpet Ln, 3023 Josibpet Ln
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 Jan 31 2026.
Winchester Park
Memphis
| Month | Median Rent |
|---|---|
| February 2024 | $899 |
| March 2024 | $908 |
| 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 |
| Month | Median Rent |
|---|---|
| February 2024 | $799 |
| March 2024 | $759 |
| 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-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
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
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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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
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