Updated 3 Days Ago
Location
89 W Carolina Ave, Memphis, TN 38103, USA
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Property Overview
89 W Carolina Ave offers strong visual appeal with 34 photos, giving renters a clear look at the space and surroundings. It also stands out for social living, with walkable access, on-site public spaces like fitness centers or pools, a mix of age groups in the area, and 79 restaurants within 1 mile.
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
Fireplace- Images Available
- Walk-in closet
Great for
Social life
Amenities for 89 W Carolina Ave
Features
| Carpet | Fireplace |
| Hardwood Floor | Walk-in Closet |
Grounds
| Garage Parking | Outdoor Space |
| Swimming Pool |
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 89 W Carolina Ave
Property Status: Active Updated Downtown Memphis townhome available at Carolina Lofts! This 2-bedroom, 2.5-bath residence offers the perfect blend of style, function, and comfort, all just steps from the best of downtown living. Enjoy pretty hardwood floors on the main level and an open kitchen featuring quartz countertops and stainless steel appliances. The striking two-sided gas fireplace adds warmth and character to both the living and dining areas. The spacious primary suite includes a walk-in closet & beautifully updated en-suite bath, while the second bedroom also features its own private updated bath, offering excellent comfort and privacy. Fresh paint and new carpet make this home truly move-in ready. Additional highlights include a private courtyard patio, an attached 2-car garage-a rare downtown luxury-and access to the community pool. Conveniently located within walking distance of Loflin Yard, Big River Crossing, Tom Lee Park, the Memphis Farmers Market and the downtown entertainment district. 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 89 W Carolina Ave compares to other nearby properties.
Positives
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 38103 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
2-bedroom apartments at 89 W Carolina Ave cost about 167% more than the average rent price for 2-bedroom apartments in Memphis.
Median rents as of Jul 4 2026.
Memphis
| Month | Median Rent |
|---|---|
| July 2024 | $1,085 |
| 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 | $1,012 |
| February 2026 | $1,014 |
| March 2026 | $999 |
| April 2026 | $991 |
| May 2026 | $977 |
| June 2026 | $984 |
| July 2026 | $975 |
Affordability calculator
Can I afford to live at 89 W Carolina 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
$104,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $104,000 annually to afford this 2-bedrooms monthly rent price of $2,600.
For more information on rent affordability, visit our rent calculator.
Schools near 89 W Carolina Ave
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Downtown Elementary School
10 n 4th st
memphis, TN, 38103
PK, K-5Public
C
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
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Internet available near 89 W Carolina Ave
Getting around Memphis near 89 W Carolina Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
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 89 W Carolina Ave, Memphis
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
5/10
Variety of shops within a short drive
Cafes
4/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
2/10
At least one elementary school within a 30-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
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