House for rent

5+ Days Ago

61 East Fernwood Avenue
61 East Fernwood Avenue, Memphis, Tennessee 38109, United States

Monthly rent	$1,375
Beds	4
Baths	2
Sqft	2,666

Monthly rent	$1,375
Beds	4
Baths	2
Sqft	2,666

5+ Days Ago

Location

61 East Fernwood Avenue, Memphis, Tennessee 38109, United States|Mallory Heights Community Club

Tour 61 East Fernwood Avenue

Contact

(901) 519-2780

Amenities for 61 East Fernwood Avenue, Mallory Heights Community Club

Apartment Amenities

Air Conditioning

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

About 61 East Fernwood Avenue

Home

Houses in Memphis

61 East Fernwood Avenue, Memphis, Tennessee 38109, United States

MOVE IN SPECIAL!! 1 Month Free on a 15-Month Lease: Free rent applies to the second full month. ** To be eligible for this special offer, move-in must occur before 12/31/25. This home is ready for self-guided tours and move-in! Your estimated total monthly payment is: $1,422.89 The total estimated monthly payment is comprised of the following: Mandatory Fees: Base Rent –$1,375.00 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: Specific to each home. 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 you to pay any amounts in cash, transfer money via wire, pr..

Property highlights

How 61 E Fernwood Ave, Memphis, TN 38109, USA compares to other nearby properties.

Positives

More space: The 4-bedroom is 1418 sqft larger than other listings nearby
Images available: There are at least 10 photos of this address

Considerations

Greater distance from high schools: The nearest high school is farther than 2 miles away
Greater distance from middle schools: The nearest middle school is farther than 2 miles away
Greater distance from grade schools: The nearest elementary school is farther than 1 mile away

Address details

Neighborhood	Mallory Heights Community Club
Zip code	38109
Type	House for rent

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Rent trends in Mallory Heights Community Club

4-bedroom apartments at 61 East Fernwood Avenue cost about 17% less than the average rent price for 4-bedroom apartments in Memphis.

Median rents as of Nov 29 2025.

Memphis

A table of 4-bedroom apartment rental data trends in Memphis
Month	Median Rent
December 2023	$1,686
January 2024	$1,652
February 2024	$1,650
March 2024	$1,717
April 2024	$1,735
May 2024	$1,696
June 2024	$1,687
July 2024	$1,688
August 2024	$1,695
September 2024	$1,695
October 2024	$1,713
November 2024	$1,734
December 2024	$1,745
January 2025	$1,783
February 2025	$1,742
March 2025	$1,754
April 2025	$1,750
May 2025	$1,743
June 2025	$1,703
July 2025	$1,697
August 2025	$1,695
September 2025	$1,702
October 2025	$1,659
November 2025	$1,664

Affordability calculator

Can I afford to live at 61 East Fernwood Avenue?

Bedrooms

4+ bedrooms

Rent-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

$55,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $55,000 annually to afford this 4-bedrooms monthly rent price of $1,375.

For more information on rent affordability, visit our rent calculator.

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Rent history

Check out the past listing prices for monthly rent at 61 East Fernwood Avenue, Memphis, TN.
				Bath
	2 months ago	$1,375	5 bed	2 bath

Schools near 61 East Fernwood Avenue

Internet available near 61 East Fernwood Avenue

Getting around Memphis near 61 East Fernwood Avenue

Walking

4/10

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

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 61 East Fernwood Avenue, Memphis

Groceries

6/10

At least one supermarket within a 15-minute walk

Shopping

4/10

Several shops within walking distance

Cafes

4/10

Some cafés within walking distance

Restaurants

4/10

Some restaurants within walking distance

Primary schools

5/10

At least one elementary school within a 20-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

Other units at this address

61 E Fernwood Ave, Memphis, TN

61 E Fernwood Ave Memphis, TN

Occupied

5 Beds, 2 Baths

5 Beds

2 Baths

2,666 sqft

$1,375

Hardwood Floor • Fireplace • Outdoor Space

Days on market: 51

Your estimated total monthly payment is: $1,407.94 The total estimated monthly payment is comprised of the following: Mandatory Fees: Base Rent - $1,375 Smart Home Fee - $22.95 (smart front door lock and smart thermostat) 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 per animal and a monthly pet rent of $30 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: This 4-bedroom, 2-bath home offers 2,666 sq ft of versatile living space, featuring original hardwood floors in select areas and updated flooring in the den. The cozy den showcases a beautifully structured fireplace as a centerpiece, adding warmth and character. The kitchen stands out with its unique blend of backsplash, countertops, cabinets, and flooring — truly one of a kind! Step outside to a large backyard, perfect for entertaining, relaxing, or play. 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 invite or your application may be delayed or not approved. This home accepts Housing Choice Vouchers! Please ensure your Housing Voucher, RTA Packet, and Affordability Sheet (if applicable) is 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 you to pay any amounts in cash, transfer money via wire, prepaid or digital gift cards, send MoneyGram, or request funds through Zelle or any non-Evergreen Live payment app, such as Venmo, PayPal, Apple Pay, or others.