5+ Days Ago
Highlights
- Central heat
- Washer/dryer hookup
- Large fenced backyard
Location
951 Faxon Ave, Memphis, TN 38105, USA|Speedway Terrace
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Amenities for 951 Faxon Ave, Speedway Terrace
Apartment Amenities
| Central Heat |
Appliances
| In-Unit Laundry |
Grounds
| Outdoor Space |
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 951 Faxon Ave
Sweet deal!
This listing is 36% below the median price for 3 bedroom apartments in Speedway Terrace.
Property Status: Active Totally refreshed 3-bedroom house, featuring 1 full bath and 1 half bathroom in primary bedroom, 3 car driveway and large fenced backyard. central heat & amp; washer/dryer hookup included. Conveniently located in the historic Speedway Terrace neighborhood minutes from I-40 Downtown, St. Jude and Crosstown. There is a 45.00 credit check per adult. Income must be two times the rental amount. Good rental history with no evictions. Section 8 accepted Office Phone: (901) 361-6824 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 951 Faxon Ave compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.4 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
Address details
| Neighborhood | Speedway Terrace |
|---|---|
| Zip code | 38105 |
| Type | House for rent |
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Rent trends in Speedway Terrace
3-bedroom apartments at 951 Faxon Ave cost about 36% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Jan 17 2026.
Speedway Terrace
Memphis
| Month | Median Rent |
|---|---|
| February 2024 | $1,350 |
| March 2024 | $1,378 |
| April 2024 | $1,397 |
| 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 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,693 |
| March 2024 | $1,790 |
| April 2024 | $1,790 |
Affordability calculator
Can I afford to live at 951 Faxon Ave?
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
$46,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $46,000 annually to afford this 3-bedrooms monthly rent price of $1,150.
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.| 1 year ago | $1,400 |
Schools near 951 Faxon Ave
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
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 951 Faxon Ave
Getting around Memphis near 951 Faxon Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
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 951 Faxon Ave, Memphis
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
Explore the area around 951 Faxon Ave
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A & M Market
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1353 Jackson Ave
L & G Grocery
1353 Jackson Ave
Danny's Market
296 Chelsea Ave
New York Fashions
690 Jackson Ave
Glitter & Glamour
439 N Cleveland St
Glitz Couture
405 N Cleveland St
Smooches Shoetique
438 N Cleveland St
Family Dollar
831 Thomas St
French Truck Coffee
1350 Concourse Ave
Starbucks
920 Madison Ave
Starbucks
262 Danny Thomas Pl
Qahwa Coffee Bar
109 N Main St
Crazy Gander Coffee Company
150 Madison Ave
Hugstable Sports Bar & Grill
813 Jackson Ave
Champions Sports Bar
282 N Cleveland St
Alex's Tavern
1445 Jackson Ave
Pumping Station
1382 Poplar Ave
Club Spectrum
616 Marshall Ave
Kel's Cookie Corner
1325 Autumn Ave
Lucy J's Bakery
1350 Concourse Ave
Cakes By Chell
1353 Jackson Ave
Kroger Bakery
1366 Poplar Ave
Tennessee Bonding Company Memphis & Shelby Count
279 Exchange Ave
Morris Park
Guthrie Park
Malone Park
Mud Island Park
Gooch Park
Deli Shop
903 Jackson Ave
Mudea's Tasty Hot Wings
954 Jackson Ave
Hugstable Sports Bar & Grill
813 Jackson Ave
Cozy Corner Restaurant
735 N Parkway
Encore Cafe
726 N Parkway
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