5+ Days Ago
Highlights
Pet Friendly
- Laundry room
- Fresh paint, laminate flooring
- 2 car garage
- Stove, dishwasher
Location
7031 Fernbank Ln, Memphis, TN 38125, USA|Lake Village
Tour 7031 Fernbank Ln
Contact
River City Land Company, LLC
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Property management
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Property Overview
Located just 0.37 miles from the nearest grocery store, this property highlights convenience for daily needs. It features pet-friendly flooring options, with no breed or pet restrictions, making it accessible for pet owners. With 15 photos showcasing its interior, it provides a clear view of the space while also being competitively valued in the 77.46 percentile per square foot among nearby properties.
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- Dishwasher
- Images Available
Great for
Pet owners
Amenities for 7031 Fernbank Ln, Lake Village
Apartment Amenities
| Carpet | Fresh Paint |
Appliances
| Dishwasher | Range |
Building
| Cats OK | Dogs OK |
| Two Car Garage |
Grounds
| Garage Parking |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 7031 Fernbank Ln
3 beds, 2 baths, stove, dishwasher, fresh paint, laminate flooring, new fixtures, living room, dining room, breakfast room, over 2000 sq feet, 2 car garage, laundry room
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 7031 Fernbank Ln compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 354 sqft larger than other listings nearby
- Dishwasher
- Dishwasher available in kitchen
- 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 grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
Address details
| Neighborhood | Lake Village |
|---|---|
| Zip code | 38125 |
| Type | House for rent |
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Rent trends in Lake Village
3-bedroom apartments at 7031 Fernbank Ln cost about 3% more than the average rent price for 3-bedroom apartments in Olive Branch.
Median rents as of Feb 21 2026.
Lake Village
Olive Branch
| Month | Median Rent |
|---|---|
| March 2024 | $2,025 |
| April 2024 | $2,260 |
| May 2024 | $2,006 |
| June 2024 | $1,844 |
| July 2024 | $1,833 |
| August 2024 | $1,790 |
| September 2024 | $2,141 |
| October 2024 | $2,292 |
| November 2024 | $2,000 |
| December 2024 | $1,875 |
| January 2025 | $1,942 |
| February 2025 | $1,968 |
| March 2025 | $2,002 |
| April 2025 | $2,052 |
| May 2025 | $1,985 |
| June 2025 | $1,952 |
| July 2025 | $1,939 |
| August 2025 | $1,895 |
| September 2025 | $1,941 |
| October 2025 | $1,892 |
| November 2025 | $1,824 |
| December 2025 | $1,970 |
| January 2026 | $1,948 |
| February 2026 | $1,933 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,790 |
| June 2024 | $1,844 |
| July 2024 | $1,833 |
| August 2024 | $1,790 |
| September 2024 | $1,892 |
| November 2024 | $1,905 |
| December 2024 | $1,885 |
| February 2025 | $1,927 |
| March 2025 | $2,002 |
| April 2025 | $2,052 |
| May 2025 | $1,985 |
| June 2025 | $1,952 |
| July 2025 | $1,939 |
| August 2025 | $1,895 |
| September 2025 | $1,941 |
| October 2025 | $1,892 |
| November 2025 | $1,824 |
| December 2025 | $1,970 |
| January 2026 | $1,948 |
| February 2026 | $1,933 |
Affordability calculator
Can I afford to live at 7031 Fernbank Ln?
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
$79,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $79,800 annually to afford this 3-bedrooms monthly rent price of $1,995.
For more information on rent affordability, visit our rent calculator.
Schools near 7031 Fernbank Ln
Highland Oaks Elementary School
5252 annandale rd
memphis, TN, 38125
PK, K-5Public
C
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
Germantown Online Academy of Learning
3350 s forest hill irene rd
germantown, TN, 38138
K-12Public
Forest Hill Elementary School
3366 forest hill irene rd
germantown, TN, 38138
PK, K-5Public
A
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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Internet available near 7031 Fernbank Ln
Neighborhood
Lake Village | Olive Branch, TN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 7031 Fernbank Ln
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 7031 Fernbank Ln, Memphis
Groceries
1/10
No grocery stores within walking distance
Shopping
3/10
Some shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
3/10
No elementary schools within a 30-minute walk
High schools
1/10
No high schools within a 30-minute walk
Parks
0/10
Minimal park space nearby
Nightlife
1/10
Few or no bars within walking distance
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