5+ Days Ago
Highlights
Pet Friendly
- Modern design
- Meticulous attention to detail
- Sleek high-end appliances
- Urban serenity
- Prime downtown location
Location
718 Meditation Ln, Memphis, TN 38103, USA
Tour 718 Meditation Ln
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Amenities for 718 Meditation Ln
Building
| 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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 718 Meditation Ln
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.
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 718 Meditation Ln compares to other nearby properties.
Positives
- More space
- The 4-bedroom is 150 sqft larger than other listings nearby
- 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 code | 38103 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
4-bedroom apartments at 718 Meditation Ln cost about 108% more than the average rent price for 4-bedroom apartments in Memphis.
Median rents as of Nov 15 2025.
Memphis
| Month | Median Rent |
|---|---|
| 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 | $1,659 |
| November 2025 | $1,659 |
Affordability calculator
Can I afford to live at 718 Meditation 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
$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.| 4 months ago | $3,995 |
| 1 year ago | $3,780 |
Schools near 718 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 718 Meditation Ln
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 718 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 718 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
Explore the area around 718 Meditation Ln
Memphis Farmers Market
114 N Main St
D Canale
79 S 2nd St
City Market Memphis
99 S 2nd St
Pope Street Grocery
201 Poplar Ave
Brothers Sundry
216 N Lauderdale St
NoBasis Co.
65 Monroe Ave
Winfield's Shoes & Accesories
2 S Main St
Genesis Shirt Co
10 S Main St
Lansky Executive Office
92 S Front St
Muse Inspired Fashion
117 S Main St
Qahwa Coffee Bar
109 N Main St
Guava Inc
1890 Berryhill Rd
Starbucks
110 Monroe Ave
Crazy Gander Coffee Company
150 Madison Ave
Starbucks
201 S B B King Blvd
Memphis Sounds Lounge
280 Island Dr
Hu Roof
79 Madison Ave
Bardog Tavern
73 Monroe Ave
The Brass Door
152 Madison Ave
Paula & Raiford's Disco
14 S 2nd St
Cupcake Cutie Etc
109 S Court Ave
Plexus Slim-Danielle Turner
Going Nuts Bakery
91 S Front St
Tennessee Bonding Company Memphis & Shelby Count
279 Exchange Ave
Deelightful Bliss Bakery
409 S Main St
Malone Park
Mud Island Park
Morris Park
Desoto Park
Gaston Park
Aces Deli
50 N Front St
Bistro on the Bluff
50 N Front St
Subway
85 N Main St
Wrapzody Gourmet Wrapz Deli-Memphis TN
99 N Main St
Lennys Grill & Subs
22 N Front St
Riverside Drive / Court Avenue
Trolley Riverfront Line
Front Street / Adams Avenue
Trolley Riverfront Line
Front Street / Jefferson Avenue
Trolley Madison Line
Front Street / Poplar Avenue
Trolley Riverfront Line
Jefferson Avenue / Main Street
Trolley Madison Line
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