Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Modern kitchen
  • Conveniently located
  • Central heat & air
  • Hard surface flooring throughout
  • Bright and spacious living area
  • Large shaker cabinets

Location

2775 Waverly Ave, Memphis, TN 38114, USA|Orange Mound Civic Orgganization
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Contact

Management

Foundation Property Management LLC

Leasing office

(844) 336-1255 ext. 1197

Property Overview

2775 Waverly Avenue presents a compelling opportunity for renters, featuring a modern kitchen, large shaker cabinets, and a bright, spacious living area. With a Zumper expert rating of 8 out of 10, a price rating of 9 for excellent value, and a location rating of 9 for its convenient access to amenities and schools, this property stands out for its quality and transparency, supported by 13 detailed photos. The central heating and air, along with hard surface flooring throughout, enhance the living experience, making it an attractive choice.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, 2775 Waverly Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 2775 Waverly Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Images Available

Floor plans

2775 Waverly Avenue - 12 bed1 bath770 sqft$1,050 /moDiscover this beautiful move-in ready home proudly presented by FPM, where style meets comfort. Welcome to 2775 Waverly Avenue, Memphis, TN 38114! Home Features: - Hard surface flooring throughout - Bright and spacious living area - Modern kitchen with large shaker cabinets with Rangehood included - Central Heat & Air Conveniently located near Melrose High School. 2775 Waverly Avenue is also close to local restaurants, parks, retail establishments and major highways. Ready to make it yours? Visit our website now to schedule a tour or view more available properties! FPM Website: https foundationpm com rental-search

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Amenities for 2775 Waverly Avenue

Building

Cats OKDogs 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

Application Fee

One-time. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

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OPTIONAL FEES

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Cat

Pet Rent

Monthly. 1 cat max.

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Dog

Pet Rent

Monthly. 1 dog max.

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Questions about this property’s policies and fees?

Building details

Property details

Units1
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About 2775 Waverly Avenue

HomeApartments in MemphisOrange Mound Civic Orgganization 2775 Waverly Avenue

Discover this beautiful move-in ready home proudly presented by FPM, where style meets comfort. Welcome to 2775 Waverly Avenue, Memphis, TN 38114! Home Features: - Hard surface flooring throughout - Bright and spacious living area - Modern kitchen with large shaker cabinets with Rangehood included - Central Heat & Air Conveniently located near Melrose High School. 2775 Waverly Avenue is also close to local restaurants, parks, retail establishments and major highways. Ready to make it yours? Visit our website now to schedule a tour or view more available properties! FPM Website: https foundationpm com rental-search


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 2775 Waverly Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 2775 Waverly Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 2775 Waverly Avenue
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
2775 Waverly Avenue stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 2775 Waverly Avenue is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
2775 Waverly Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 2775 Waverly Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
2775 Waverly Avenue provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 2775 Waverly Avenue compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
Images Available
There are at least 10 photos of this address

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Rent trends in Orange Mound Civic Orgganization

2-bedroom apartments at 2775 Waverly Avenue cost about 7% more than the average rent price for 2-bedroom apartments in Orange Mound Civic Orgganization.

Median rents as of Nov 29 2025.
Orange Mound Civic Orgganization
Memphis
A table of 1-bedroom apartment rental data trends in Memphis
MonthMedian Rent
December 2023$893
January 2024$899
February 2024$899
March 2024$908
April 2024$916
May 2024$939
June 2024$933
July 2024$993
August 2024$1,022
September 2024$1,070
October 2024$1,067
November 2024$1,060
December 2024$1,059
January 2025$1,070
February 2025$1,035
March 2025$1,016
April 2025$996
May 2025$995
June 2025$995
July 2025$968
August 2025$989
September 2025$962
October 2025$964
November 2025$978
A table of 1-bedroom apartment rental data trends in Orange Mound Civic Orgganization
MonthMedian Rent
April 2024$693
May 2024$754
June 2024$730
July 2024$736
August 2024$733
September 2024$708
October 2024$731
November 2024$750
April 2025$805
May 2025$840
June 2025$750
July 2025$695
August 2025$705
September 2025$715
October 2025$736
November 2025$782

Affordability calculator

Can I afford to live at 2775 Waverly Ave?

Bedrooms

2 bedrooms

Rent-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

$42,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 2-bedrooms monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.

Schools near 2775 Waverly Avenue

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

Ida B. Wells Academy

995 s lauderdale st

memphis, TN, 38126

K-8Public
C-

Shrine School

4259 forest view dr

memphis, TN, 38118

PK, K-12Public

Early Childhood Program Partnering Centers

330 jackson ave

memphis, TN, 38112

PK, KPublic
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Internet available near 2775 Waverly Avenue

Getting around Memphis near 2775 Waverly Ave

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

7/10
This area is close to freeways and has adequate parking options.

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 2775 Waverly Ave, 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

5/10
Some restaurants within a few minutes’ walk

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

7/10
Large amount of park space nearby

Nightlife

2/10
Some bars within walking distance

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