5+ Days Ago
Highlights
Pet Friendly
- Professional management
- 24-hour maintenance
- Easy access
Location
940 Jw Williams Ln #5, Memphis, TN 38105, USA
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Property Overview
Located at 940 Jw Williams Ln, this property features professional management and 24-hour maintenance, ensuring residents enjoy a well-maintained living environment. Its proximity to a top-rated elementary school, along with a variety of pet-friendly amenities such as parks and grooming services, enhances its appeal. Additionally, it ranks in the 83.33 percentile for value, making it a competitive choice in the local market.
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
Elementary school nearby- Less expensive
Great for
Pet owners
Amenities for 940 Jw Williams Ln #5
Appliances
| In-Unit Laundry |
Building
| Business Center | 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
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 940 Jw Williams Ln #5
***SECTION 8 WELCOME*** ***PLEASE CALL (901) 239-1332 TO SCHEDULE A VIEWING*** Adorable 2 bedroom, 1 bathroom apartment located in Downtown Memphis. Living Room* Kitchen* Electric Stove/Oven* Refrigerator* Over the Range Microwave* Washer/Dryer* Breakfast Nook* Tile* Security/Storm Doors* This two-bedroom, one-bath apartment in downtown Memphis is a perfect blend of convenience and character. Ideally located just minutes from the interstate, it offers easy access to both work and play. Whether you're commuting or exploring the city's vibrant culture, getting around is a breeze. Coffee lovers will appreciate the abundance of nearby coffee shops, making it easy to fuel up without the hassle of brewing your own. With many of Memphis’s top attractions just a short walk away, you can skip the traffic and enjoy the sights on foot. Plus, with bakeries, candy shops, and ice cream parlors just around the corner, sweet cravings are always satisfied. This apartment puts you in the heart of it all—making it the perfect base for city living! This property is professionally managed by Mid-South Home Rentals. We provide a 24-hour maintenance line with night, weekend, and holiday calls on major plumbing and HVAC calls. Qualifications - We are seeking a credit score of 525 or higher with an emphasis on recent rental history and good standing with MLGW. WE REQUIRE AT LEAST 3(THREE) TO 5(FIVE) BUSINESS DAYS FOR APPLICATION PROCESS. To schedule an appointment to view a property, please call Tommie at (901) 239-1332. Contact us to schedule a 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 940 Jw Williams Ln, Memphis, TN 38105, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Address details
| Zip code | 38105 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Memphis
2-bedroom apartments at 940 Jw Williams Ln #5 cost about 10% less than the average rent price for 2-bedroom apartments in Memphis.
Median rents as of Mar 14 2026.
Memphis
| Month | Median Rent |
|---|---|
| March 2024 | $1,000 |
| 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 | $1,012 |
| February 2026 | $1,014 |
| March 2026 | $997 |
Affordability calculator
Can I afford to live at 940 Jw Williams Ln #5?
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
$35,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 2-bedrooms monthly rent price of $895.
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 | |||||
|---|---|---|---|---|---|
| 2 months ago | $1,049 | 2 bed | 1 bath | ||
| 2 months ago | $1,049 | 2 bed | 1 bath | ||
| 3 years ago | $850 | 2 bed | 1 bath |
Schools near 940 Jw Williams Ln #5
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
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Internet available near 940 Jw Williams Ln #5
Getting around Memphis near 940 Jw Williams Ln #5
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
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 940 Jw Williams Ln #5, Memphis
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Other units at this address
940 Jw Williams Ln, Memphis, TN
940 Jw Williams Ln Memphis, TN
Occupied
6
2 Beds
1 Bath
$795
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