5+ Days Ago
Highlights
Pet Friendly
- Hard surface flooring throughout
- Bright and spacious living area
- Large fenced backyard
Location
851 Hale Rd #1, Memphis, TN 38116, USA
Tour 851 Hale Rd #1
Contact
Foundation Property Management LLC
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Property Overview
Hard surface flooring throughout, a bright, spacious living area, and a large fenced backyard combine to create a comfortable and functional living space. Strong value indicators—being in the 84th percentile for value for money and 76th percentile for value per square foot—add investment appeal, while nearby pet amenities and a dog park underscore its pet-friendly convenience. A top-rated high school within about three-quarters of a mile further enhances the overall attractiveness of the location.
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- High school nearby
- More space
Great for
Pet owners
Amenities for 851 Hale Rd #1
Features
| Air Conditioning | Central Heat |
| Furnished | Heating |
| Mirrors | Window Coverings |
Community
| Cats OK | Dogs OK |
Grounds
| Garage Parking | Storage |
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 851 Hale Rd #1
Discover this beautiful coming-soon property, proudly presented by FPM, where style meets comfort. Welcome to 851 Hale Road, Memphis, TN 38116! Home Features: - Garage Space/Storage space - Hard surface flooring throughout - Bright and spacious living area - Fireplace - Modern kitchen with large shaker cabinets - Large fenced backyard - Forced Air 851 Hale Road is conveniently located near Freedom Preparatory High School. This property also offers quick access to nearby parks, popular restaurants, marketplaces, and major highways. Ready to make it yours? Visit our website now to schedule a tour or view more available properties! FPM Website: https foundationpm com rental-search
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 Hale Rd, Memphis, TN 38116, USA compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
- More space
- The 3-bedroom is 210 sqft larger than other listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Lacks images
- Fewer than 10 photos available for this location
Address details
| Zip code | 38116 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 851 Hale Rd #1 cost about 19% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Apr 18 2026.
Memphis
| Month | Median Rent |
|---|---|
| May 2024 | $1,398 |
| June 2024 | $1,397 |
| July 2024 | $1,399 |
| August 2024 | $1,398 |
| September 2024 | $1,407 |
| October 2024 | $1,396 |
| November 2024 | $1,395 |
| December 2024 | $1,395 |
| January 2025 | $1,395 |
| February 2025 | $1,395 |
| March 2025 | $1,408 |
| April 2025 | $1,415 |
| May 2025 | $1,436 |
| June 2025 | $1,443 |
| July 2025 | $1,424 |
| August 2025 | $1,399 |
| September 2025 | $1,367 |
| October 2025 | $1,338 |
| November 2025 | $1,314 |
| December 2025 | $1,301 |
| January 2026 | $1,295 |
| February 2026 | $1,295 |
| March 2026 | $1,299 |
| April 2026 | $1,340 |
Affordability calculator
Can I afford to live at 851 Hale Rd #1?
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
$44,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 3-bedrooms monthly rent price of $1,100.
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 | |||||
|---|---|---|---|---|---|
| 3 years ago | $1,200 | 3 bed | 1 bath | ||
| 6 years ago | $925 | 3 bed | 1 bath | ||
| 8 years ago | $850 | 3 bed | 1 bath |
Schools near 851 Hale Rd #1
Westhaven Elementary School
4585 hodge rd
memphis, TN, 38109
PK, K-5Public
C-
Geeter School
4649 horn lake rd
memphis, TN, 38109
PK, K-8Public
C-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
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Internet available near 851 Hale Rd #1
Neighborhood
Getting around Memphis near 851 Hale Rd #1
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
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
2/10
There are a few mass transit options within the area.
Points of interest for 851 Hale Rd #1, Memphis
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Other units at this address
851 Hale Rd, Memphis, TN
851 Hale Rd Memphis, TN
Occupied
3 Beds, 1 Bath
3 Beds
1 Bath
$925
Fireplace • Hardwood Floor
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