13 Hours Ago
Highlights
Pet Friendly
Location
7142 Fernbank Ln, Memphis, TN 38125, USA|Lake Village
Tour 7142 Fernbank Ln
Contact
Progress Residential
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Amenities for 7142 Fernbank Ln, Lake Village
Community
| Cats OK | Dogs 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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 7142 Fernbank Ln
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant. This home is priced to rent and won't be around for long. Apply now, while we make this home ready for you, or call to arrange a meeting with your local Progress Residential leasing specialist today. Interested in this home? You clearly have exceptional taste. This charming 4.0-bedroom, 3.0-bathroom home is not only pet-friendly, but also equipped with smart home features to make everyday life more convenient and connected. Homes like this don’t stay on the market for long—don’t miss your chance to make it yours. Apply today! Some images have been virtually staged to help showcase the potential of spaces in the home. The furnishings shown are for illustrative purposes only and are not included in the home.
Address details
| Neighborhood | Lake Village |
|---|---|
| Zip code | 38125 |
| Type | House for rent |
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Rent trends in Lake Village
4-bedroom apartments at 7142 Fernbank Ln cost about 8% less than the average rent price for 4-bedroom apartments in Olive Branch.
Median rents as of Mar 14 2026.
Lake Village
Olive Branch
| Month | Median Rent |
|---|---|
| March 2024 | $2,245 |
| April 2024 | $2,245 |
| May 2024 | $2,175 |
| June 2024 | $2,005 |
| July 2024 | $2,590 |
| August 2024 | $2,625 |
| September 2024 | $2,625 |
| October 2024 | $2,574 |
| November 2024 | $2,625 |
| December 2024 | $2,293 |
| January 2025 | $2,362 |
| February 2025 | $2,635 |
| March 2025 | $2,581 |
| April 2025 | $2,592 |
| May 2025 | $2,359 |
| June 2025 | $2,060 |
| July 2025 | $2,071 |
| August 2025 | $2,020 |
| September 2025 | $1,806 |
| October 2025 | $1,846 |
| November 2025 | $1,975 |
| December 2025 | $1,959 |
| January 2026 | $1,975 |
| February 2026 | $2,167 |
| March 2026 | $2,246 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,335 |
| July 2024 | $2,590 |
| August 2024 | $2,625 |
| September 2024 | $2,625 |
| October 2024 | $2,574 |
| November 2024 | $2,625 |
| December 2024 | $2,293 |
| January 2025 | $2,362 |
| February 2025 | $2,635 |
| March 2025 | $2,581 |
| April 2025 | $2,592 |
| May 2025 | $2,359 |
| June 2025 | $2,060 |
| July 2025 | $2,071 |
| August 2025 | $2,020 |
| September 2025 | $1,806 |
| October 2025 | $1,846 |
| November 2025 | $1,975 |
| December 2025 | $1,959 |
| January 2026 | $1,972 |
| February 2026 | $2,291 |
| March 2026 | $2,246 |
Affordability calculator
Can I afford to live at 7142 Fernbank Ln?
Bedrooms
4+ 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
$81,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $81,000 annually to afford this 4-bedrooms monthly rent price of $2,025.
For more information on rent affordability, visit our rent calculator.
Schools near 7142 Fernbank Ln
Highland Oaks Elementary School
5252 annandale rd
memphis, TN, 38125
PK, K-5Public
C
Germantown Online Academy of Learning
3350 s forest hill irene rd
germantown, TN, 38138
K-12Public
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
Forest Hill Elementary School
3366 forest hill irene rd
germantown, TN, 38138
PK, K-5Public
A
Bailey Station Elementary School
3435 bailey station rd
collierville, TN, 38017
PK, K-5Public
A
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Internet available near 7142 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 7142 Fernbank Ln
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
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
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 7142 Fernbank Ln, Memphis
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
2/10
At least one high school 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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