Listed 2 Days Ago
Highlights
Pet Friendly
Location
851 E Parkway S, Memphis, TN 38104, USA|Cooper Young
Tour 851 E Parkway S
Contact
Revid Property Management
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Property Overview
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
Less expensive- Middle school nearby
- High school nearby
Great for
Pet owners
Amenities for 851 E Parkway S, Cooper Young
Features
| Dryer |
Appliances
| Dishwasher | In-Unit Laundry |
| Range | Refrigerator |
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
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
About 851 E Parkway S
Sweet deal!
This listing is 47% below the median price for 4 bedroom apartments in Cooper Young.
Welcome to 851 Parkway in Memphis, TN, a beautifully updated home that combines modern amenities with comfortable living. Renovated within the last five years, this home offers a thoughtfully designed layout that includes a spacious living room, a formal dining area, and a modern kitchen perfect for cooking and entertaining. The home is fully equipped with essential appliances, including a stove for your culinary needs, a washer and dryer for added convenience, and a dishwasher to make cleaning up a breeze. Central heat and air ensure you’ll stay comfortable year-round, no matter the season. Plus, the property includes the bonus of off-street parking, giving you peace of mind and easy access to your vehicle. To ensure a smooth rental process, applicants must meet the following criteria: a monthly income of at least three times the rent, stable employment with at least one year at their current job, and a clean rental history with no evictions or bankruptcies. This move-in-ready home is waiting for you! Don’t miss the chance to live in this updated property with all the modern conveniences you need. Contact us today to schedule your showing!
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 851 E Parkway S, Memphis, TN 38104, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Middle school nearby
- There is a middle school 0.2 miles away
- High school nearby
- There is a high school 0.2 miles away
Considerations
- Distance from transit
- More than 1.7 miles from public transportation
Address details
| Neighborhood | Cooper Young |
|---|---|
| Zip code | 38104 |
| Type | House for rent |
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Rent trends in Cooper Young
4-bedroom apartments at 851 E Parkway S cost about 47% less than the average rent price for 4-bedroom apartments in Memphis.
Median rents as of Nov 7 2026.
Cooper Young
Memphis
| Month | Median Rent |
|---|---|
| November 2024 | $1,737 |
| 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 | $1,664 |
| December 2025 | $1,650 |
| January 2026 | $1,650 |
| February 2026 | $1,610 |
| March 2026 | $1,611 |
| April 2026 | $1,650 |
| May 2026 | $1,629 |
| June 2026 | $1,621 |
| July 2026 | $1,631 |
| August 2026 | $1,643 |
| September 2026 | $1,624 |
| October 2026 | $1,599 |
| November 2026 | $1,595 |
| Month | Median Rent |
|---|---|
| September 2025 | $2,495 |
| October 2025 | $2,495 |
| November 2025 | $2,495 |
| December 2025 | $2,495 |
| January 2026 | $2,495 |
| March 2026 | $2,398 |
| April 2026 | $2,422 |
| May 2026 | $2,495 |
| July 2026 | $2,495 |
| August 2026 | $2,495 |
| September 2026 | $2,577 |
| October 2026 | $2,859 |
| November 2026 | $2,950 |
Affordability calculator
Can I afford to live at 851 E Parkway S?
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
$62,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 4-bedrooms monthly rent price of $1,550.
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.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $1,595 | 4 bed | 1 bath | ||
| 11 years ago | $950 | 3 bed | 1 bath |
Schools near 851 E Parkway S
Peabody Elementary School
2086 young ave
memphis, TN, 38104
PK, K-5Public
C+
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Getting around Memphis near 851 E Parkway S
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
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 851 E Parkway S, Memphis
Groceries
5/10
At least one grocery store within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
Other units at this address
851 E Parkway S, Memphis, TN
851 E Parkway S Memphis, TN
Occupied
3 Beds, 1 Bath
3 Beds
1 Bath
$950
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