Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Downtown location
  • High-end appliances
  • Gated neighborhood
  • Meticulous attention to detail
  • Urban serenity
  • Prime downtown location

Location

694 Meditation Ln, Memphis, TN 38103, USA

Tour 694 Meditation Ln

Contact

ResiAmerica, Inc.

(800) 626-7079

Amenities for 694 Meditation Ln

Building

Cats OKDogs OK
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

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

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About 694 Meditation Ln

HomeHouses in Memphis 694 Meditation Ln, Memphis, TN 38103, USA

NEW CONSTRUCTION detached single family home in an amazing downtown location - a blend of contemporary sophistication and timeless luxury set in the heart of the South End in a brand new boutique gated neighborhood of only 12 homes - Carolina Terrace. This brand-new 4 bed (3 large beds + office), 3.5 bath home showcases meticulous attention to detail, from the hardwood flooring to its sleek high-end appliances. Experience urban serenity in this prime downtown location, where every finish reflects superior quality and modern design. Lease purchase option available: Need flexibility? Lock in your home for only 3% down, applied to price at closing


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 694 Meditation Ln compares to other nearby properties.

Positives

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 2 miles away

Address details

Zip code38103
TypeHouse for rent

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Rent trends in Memphis

4-bedroom apartments at 694 Meditation Ln cost about 112% more than the average rent price for 4-bedroom apartments in Memphis.

Median rents as of Oct 18 2025.
Memphis
A table of 4-bedroom apartment rental data trends in Memphis
MonthMedian Rent
November 2023$1,677
December 2023$1,696
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$1,667

Affordability calculator

Can I afford to live at 694 Meditation Ln?

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

$139,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $139,800 annually to afford this 4-bedrooms monthly rent price of $3,495.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 694 Meditation Ln, Memphis, TN.
This month$3,795
1 year ago$3,749

Schools near 694 Meditation Ln

Downtown Elementary School

10 n 4th st

memphis, TN, 38103

PK, K-5Public
C

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
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Internet available near 694 Meditation Ln

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Memphis near 694 Meditation Ln

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
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 694 Meditation Ln, Memphis

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

4/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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