1 Day Ago
Highlights
- New quartz counter tops
- Quartz counter tops replaced
- New light fixtures
- New light fixtures installed
- Refinished hardwood floors
Location
871 University St, Memphis, TN 38107, USA|University Lane
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Amenities for 871 University St, University Lane
Apartment Amenities
| Hardwood Floor |
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
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About 871 University St
Property Status: Active Charming and freshly painted 4 bedroom and 2.5 bath across the street from Rhodes College. Refinished hardwood floors, new quartz counter tops in kitchen, and new light fixtures. Approximately 2850 sq feet. Minimum one year lease. Office Phone: (901) 725-5677 Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 871 University St compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- High school nearby
- There is a high school 1 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | University Lane |
|---|---|
| Zip code | 38107 |
| Type | House for rent |
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Rent trends in University Lane
Median rents as of Jan 3 2026.
University Lane
Memphis
| Month | Median Rent |
|---|---|
| February 2024 | $1,007 |
| March 2024 | $1,003 |
| April 2024 | $1,024 |
| May 2024 | $1,053 |
| June 2024 | $1,046 |
| July 2024 | $1,081 |
| August 2024 | $1,107 |
| September 2024 | $1,164 |
| October 2024 | $1,125 |
| November 2024 | $1,150 |
| December 2024 | $1,146 |
| January 2025 | $1,151 |
| February 2025 | $1,111 |
| March 2025 | $1,107 |
| April 2025 | $1,106 |
| May 2025 | $1,104 |
| June 2025 | $1,095 |
| July 2025 | $1,091 |
| August 2025 | $1,096 |
| September 2025 | $1,096 |
| October 2025 | $1,073 |
| November 2025 | $1,050 |
| December 2025 | $1,026 |
| January 2026 | $1,010 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,037 |
| August 2024 | $1,063 |
| September 2024 | $1,063 |
| November 2024 | $1,081 |
| December 2024 | $1,096 |
| January 2025 | $1,095 |
| February 2025 | $1,095 |
| July 2025 | $981 |
| August 2025 | $1,029 |
| September 2025 | $1,018 |
| October 2025 | $935 |
| November 2025 | $895 |
| December 2025 | $895 |
| January 2026 | $870 |
Affordability calculator
Can I afford to live at 871 University St?
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
$90,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $90,000 annually to afford this 4-bedrooms monthly rent price of $2,250.
For more information on rent affordability, visit our rent calculator.
Schools near 871 University St
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
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
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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Internet available near 871 University St
Getting around Memphis near 871 University St
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
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 871 University St, Memphis
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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