Nearby rentals
Renter hub
Property management
Pet Friendly
HomeRiver Group Tennessee - Broker License Number: 336317
Features
| Ceiling Fan | Fireplace |
| Forced Air | High Ceilings |
Appliances
| Dishwasher | Range/Oven |
| Refrigerator |
Community
| Cats OK | Dogs OK |
| Garage Attached | Laundry Hookups |
| Onsite Laundry |
Grounds
| Garage Parking | Outdoor Space |
Services
| Concierge Service | Package Service |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
*ESTIMATED TOTAL MONTHLY LEASING PRICE: $ 1,935.95 Actual Base Rent: $1,831.00 Filter Delivery: $5.00 Renters Insurance: $10.95 $1M Identity Protection, Credit Building, Resident Rewards, Move-In Concierge: $34.00 High-speed Internet up to 1 Gig: $55.00 *The Estimated Total Monthly Leasing Price reflects the Base Rent plus our Resident Benefits Package, which includes required Renters Insurance, Move-In Concierge, $1M Identity Protection, Resident Rewards, Filter Delivery (where applicable), and Credit Building. Estimated Total Monthly Leasing Price does not include utilities or optional/conditional fees, such as: pet, utility service, and security deposit waiver fees. To learn more about additional leasing fees and requirements, please contact HomeRiver Group. **MOVE IN SPECIAL TERMS: March Special!! Enjoy your choice of $100 Fee Rent off 1st Full Month or $100 Amazon Gift Card after move-in with Move-in by March 31, 2026! Offer subject to Change or cancellation and application approval. One gift card per household. PROPERTY DESCRIPTION: This stunning 3 bedroom, 2 bathroom residence offers a perfect blend of modern comfort and beauty. Boasting 1,799 square feet of meticulously maintained living space, this home greets you with a brick exterior and a beautifully landscaped front yard. Step through the front door into an expansive common room where soaring vaulted ceilings and stylish wood-look flooring create an airy, inviting atmosphere. The living area is centered around a cozy fireplace and flows seamlessly into a dedicated dining space illuminated by a contemporary chandelier, making it an ideal setting for both quiet evenings and vibrant gatherings. The heart of the home is the spacious kitchen, which features ample warm-toned cabinetry, durable countertops, and a full suite of modern appliances. The functional layout includes a breakfast bar and tile flooring for easy maintenance. Retreat to the private primary suite, a tranquil sanctuary highlighted by a vaulted ceiling and a striking arched window that floods the room with natural light. The ensuite bathroom is a true highlight, offering a dual-sink vanity, a dedicated walk-in shower, and a soaking tub perfect for unwinding. Two additional bedrooms provide versatile space for guests or a home office. Outdoor living is just as impressive, with a covered back porch that overlooks a lush, green yard perfect for enjoying the Tennessee seasons. Complete with a two-car garage and situated in a desirable neighborhood, this home is ready to provide a high quality of life for its next residents. Security Deposit Terms: Security Deposit: A refundable security deposit will be due within 48 hours of approval and will equal one month's rent. An additional deposit may be required based on approval results or the maximum allowable by State law. LEASE COMMENCEMENT REQUIREMENTS: Once approved, the lease commencement date must be within 14 days. If the property is unavailable for move-in, the lease commencement date must be set within 14 days of the expected availability date. BEWARE OF SCAMS: HomeRiver Group does not advertise properties on, LetGo, or other classified ad websites. If you suspect one of our properties has been fraudulently listed on these platforms, please notify HomeRiver Group immediately. We never accept wire transfers or payments via Zelle, PayPal, or Cash App. Lease your home safely through www Homeriver com or with the assistance of a licensed HomeRiver Group leasin..
How 5877 Peterson Ridge Ln compares to other nearby properties.
Positives
Considerations
| Zip code | 38135 |
|---|---|
| Type | House for rent |
3-bedroom apartments at 5877 Peterson Ridge Ln cost about 41% more than the average rent price for 3-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| 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 |
| February 2026 | $1,295 |
| March 2026 | $1,298 |
Can I afford to live at 5877 Peterson Ridge Ln?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$73,240/yr
| 1 year ago | $1,780 |
| 2 years ago | $1,930 |
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2 Beds
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215 listings
875 listings
