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Updated 5+ Days Ago
Location
5840 Knight Arnold Rd, Memphis, TN 38115, USA|Southeast Memphis
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Property Overview
16 photos provide a clear look at the home, while value for money and value per square foot rank above many nearby options. A private patio or balcony adds appeal, and nearby internet choices, high-speed service, quiet surroundings, walkable access, public spaces on site, and 69 restaurants within a mile support both remote work and an active social lifestyle.
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- Less expensive
- Balcony
Great for
Work-from-home
Social life
Amenities for 5840 Knight Arnold Rd, Southeast Memphis
Features
| Balcony |
Appliances
| Garbage Disposal |
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
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About 5840 Knight Arnold Rd
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, may be the right place for you. Relax and unwind on the private patio/balcony. See the pictures to learn more. And apply soon – homes can go fast! 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 the Rental Fees page on the FirstKey Homes website. 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 5840 Knight Arnold Rd compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 216 sqft larger than other listings nearby
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Balcony
- Easy access to the outdoors
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
- Pool
- Enhanced community features
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.3 miles away
Address details
| Neighborhood | Southeast Memphis |
|---|---|
| Zip code | 38115 |
| Type | House for rent |
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4158 Parkchester Ave, Memphis, TN, 38118
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4415 Sunnyslope Dr, Memphis, TN, 38141
Our team has verified this company4415 Sunnyslope Dr
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Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Normal Station • 3649 Marion Ave
3 Beds
$1,525
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Normal Station • 750 Shotwell St
3 Beds
$1,388
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.6594 Pine Top Cir N, Memphis, TN, 38141
Our team has verified this company6594 Pine Top Cir N
3 Beds
$1,525
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.7714 Spring Morning Ct, Memphis, TN, 38125
Our team has verified this companyRichwood • 7714 Spring Morning Ct
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$1,505
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.4025 Mingle Cv, Memphis, TN, 38115
Our team has verified this company4025 Mingle Cv
3 Beds
$1,326
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.4158 Parkchester Ave, Memphis, TN, 38118
Our team has verified this company4158 Parkchester Ave
3 Beds
$1,436
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.4415 Sunnyslope Dr, Memphis, TN, 38141
Our team has verified this company4415 Sunnyslope Dr
3 Beds
$1,406
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Rent trends in Southeast Memphis
3-bedroom apartments at 5840 Knight Arnold Rd cost about 6% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 31 2026.
Southeast Memphis
Memphis
| Month | Median Rent |
|---|---|
| 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 |
| June 2026 | $1,374 |
| July 2026 | $1,362 |
| August 2026 | $1,350 |
| September 2026 | $1,350 |
| October 2026 | $1,350 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,267 |
| 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 | $1,223 |
| February 2026 | $1,212 |
| March 2026 | $1,204 |
| April 2026 | $1,252 |
| May 2026 | $1,283 |
| June 2026 | $1,313 |
| July 2026 | $1,353 |
| August 2026 | $1,303 |
| September 2026 | $1,282 |
| October 2026 | $1,254 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 5 months ago | $1,370 |
Schools near 5840 Knight Arnold 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
Parkway Village Elementary School
3000 claudette rd
memphis, TN, 38118
PK, K-5Public
C-
Riverdale Elementary School
7391 neshoba rd
germantown, TN, 38138
PK, K-8Public
A
Getting around Memphis near 5840 Knight Arnold Rd
Walking
6/10
Some shops and stores are within a few minutes.
Driving
10/10
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 5840 Knight Arnold Rd, Memphis
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
2/10
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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