1 Day Ago
Location
887 Par Ave, Memphis, TN 38127, USA|Frayser
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CB Properties of Memphis
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About 887 Par Ave
2-bedroom, 1-bathroom home in Frayser offering a functional 875-square-foot layout with low-maintenance laminate flooring in the living areas and cozy carpeted bedrooms. The interior features a separate dining room and a kitchen with plenty of storage, while the outside includes a large fenced backyard! If Approved, All Application Fees Will Be Refunded. All Housing Vouchers Accepted and Inspection Ready Today! Contamos con agentes hispano hablantes para asistirle. Por favor, llame a nuestra oficina. Si no podemos atenderle de inmediato, deje un mensaje de voz y le devolveremos la llamada a la brevedad. Looking for better customer service from your Property Manager? Look no further than CB Properties - a locally owned and operated company based in Memphis, TN. We take pride in our A+ rating with the BBB and 4+ star Google Rating, both of which have been earned by prioritizing the needs of our residents and providing exceptional service. Rent local and experience the difference firsthand! ***Scam Warning*** CB Properties does not advertise on or Facebook Marketplace. We will never ask you to wire money or request funds through a payment app on your mobile device. Instead, you will be asked to bring a property reservation fee to our office located at 1060 Brookfield Rd, Memphis, TN 38119. Please exercise caution and reach out to us directly if you have any concerns or questions. All CB Properties residents are enrolled in the Resident Benefits Package (RBP) for $39.95/month. This includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application.
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 887 Par Ave compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
- Package service
- More secure storage for delivery
Address details
| Neighborhood | Frayser |
|---|---|
| Zip code | 38127 |
| Type | House for rent |
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Rent trends in Frayser
2-bedroom apartments at 887 Par Ave cost about 3% less than the average rent price for 2-bedroom apartments in Memphis.
Median rents as of Dec 13 2025.
Frayser
Memphis
| Month | Median Rent |
|---|---|
| December 2023 | $1,000 |
| January 2024 | $1,010 |
| 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 | $1,039 |
| Month | Median Rent |
|---|---|
| February 2024 | $825 |
| March 2024 | $817 |
| April 2024 | $901 |
| May 2024 | $885 |
| June 2024 | $928 |
| July 2024 | $1,035 |
| August 2024 | $832 |
| December 2024 | $875 |
| February 2025 | $918 |
| March 2025 | $863 |
| April 2025 | $906 |
| May 2025 | $888 |
| August 2025 | $928 |
| September 2025 | $940 |
| October 2025 | $966 |
| November 2025 | $840 |
| December 2025 | $852 |
Affordability calculator
Can I afford to live at 887 Par Ave?
Bedrooms
2 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
$34,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 2-bedrooms monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.
Schools near 887 Par Ave
Westside Elementary School
3347 dawn dr
memphis, TN, 38127
PK, K-5Public
C-
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
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Internet available near 887 Par Ave
Neighborhood
Frayser | Memphis, TN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 887 Par Ave
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
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
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 887 Par Ave, Memphis
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
0/10
Few or no bars within walking distance
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