5+ Days Ago
Location
640 Leacrest Ave, Memphis, TN 38109, USA
Tour 640 Leacrest Ave
Contact
CB Properties of Memphis, LLC
Nearby rentals
Renter hub
Property management
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Policies and fees
No pets allowed.
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About 640 Leacrest Ave
***FOR THIS HOME (640 LEACREST), AN APPROVED APPLICANT WHO SIGNS A LEASE RECEIVES A 66 INCH FLAT SCREEN TV*** Contamos con agentes hispano hablantes para asistirle. Por favor, llame a nuestra oficina. Si no podemos atenderle de inmediato, deje un mensaje de voz y le devolveremos la llamada a la brevedad. Looking for better customer service from your Property Manager? Look no further than CB Properties - a locally owned and operated company based in Memphis, TN. We take pride in our A+ rating with the BBB and 4+ star Google Rating, both of which have been earned by prioritizing the needs of our residents and providing exceptional service. Rent local and experience the difference firsthand! ***Scam Warning*** CB Properties does not advertise on or Facebook Marketplace. We will never ask you to wire money or request funds through a payment app on your mobile device. Instead, you will be asked to bring a property reservation fee to our office located at 1060 Brookfield Rd, Memphis, TN 38119. Please exercise caution and reach out to us directly if you have any concerns or questions. All CB Properties residents are enrolled in the Resident Benefits Package (RBP) for $39.95/month. This includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application
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 640 Leacrest Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.5 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
Address details
| Zip code | 38109 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 640 Leacrest Ave cost about 30% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Aug 30 2025.
Memphis
| Month | Median Rent |
|---|---|
| September 2023 | $1,377 |
| October 2023 | $1,368 |
| November 2023 | $1,368 |
| December 2023 | $1,368 |
| January 2024 | $1,355 |
| February 2024 | $1,350 |
| March 2024 | $1,378 |
| 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 | $1,400 |
Affordability calculator
Can I afford to live at 640 Leacrest Ave?
Bedrooms
3 bedroomsRent-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
$39,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,000 annually to afford this 3-bedrooms monthly rent price of $975.
For more information on rent affordability, visit our rent calculator.
Schools near 640 Leacrest Ave
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
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Internet available near 640 Leacrest Ave
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 640 Leacrest Ave
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 640 Leacrest Ave, Memphis
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
2/10
Few or no shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
2/10
Some bars within walking distance
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