Zumper
modified
5+ Days Ago

Highlights

  • Modern appliances
  • Modern convenience
  • Original hardwood floors
  • Three spacious bedrooms
  • Dining area
  • Living area

Location

425 Carpenter St, Memphis, TN 38112, USA|Binghampton-Lester
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Contact

Management

Nick Spang

Leasing office

(844) 334-7496 ext. 2046

Property Overview

425 Carpenter Street features an impressive Zumper expert rating of 8.4, highlighting its appeal to renters with strong scores in pricing, amenities, and location. The property excels in providing a competitive price-to-value ratio while being situated close to top-rated schools, contributing to its high trustworthiness and transparency in rental offerings. With an overall premium standard of living and excellent convenience to local attractions, it stands out as a premier option for potential renters.

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

8.4
Very Good
With a solid 8.4 out of 10 overall, 425 Carpenter Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 425 Carpenter Street 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

  • Middle school nearby
  • Less expensive
  • More space

Floor plans

425 Carpenter Street3 bed1 bath1,200 sqft$1,195 /mo**MHA Welcome** Welcome to this charming home located at 425 Carpenter Street in the heart of Memphis, TN. This delightful residence offers a perfect blend of historic charm and modern convenience, boasting 1,200 square feet of living space. With three spacious bedrooms and one and a half bathrooms, this home provides ample space for comfortable living. As you step inside, you'll be greeted by the warm and inviting atmosphere, highlighted by original hardwood floors and classic architectural details. The living area is perfect for relaxation and entertaining, while the adjacent dining area offers a cozy space for meals. The kitchen is equipped with modern appliances and plenty of cabinet space, making meal preparation a breeze. Each bedroom is generously sized, providing plenty of room for rest and relaxation. The full bathroom features updated fixtures, and the additional half bathroom adds convenience for guests. Outside, the property features a lovely yard, ideal for outdoor activities or simply enjoying the fresh air. The location is convenient, with easy access to local amenities, schools, and parks, making it a desirable place to call home. This home at 425 Carpenter Street combines the best of historic charm and modern living, offering a unique opportunity to enjoy the vibrant community of Memphis. Don't miss the chance to experience the character and comfort of this wonderful property.

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Year built1920
Lease terms12+ months
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About 425 Carpenter Street

HomeApartments in MemphisBinghampton-Lester 425 Carpenter Street

**MHA Welcome** Welcome to this charming home located at 425 Carpenter Street in the heart of Memphis, TN. This delightful residence offers a perfect blend of historic charm and modern convenience, boasting 1,200 square feet of living space. With three spacious bedrooms and one and a half bathrooms, this home provides ample space for comfortable living. As you step inside, you'll be greeted by the warm and inviting atmosphere, highlighted by original hardwood floors and classic architectural details. The living area is perfect for relaxation and entertaining, while the adjacent dining area offers a cozy space for meals. The kitchen is equipped with modern appliances and plenty of cabinet space, making meal preparation a breeze. Each bedroom is generously sized, providing plenty of room for rest and relaxation. The full bathroom features updated fixtures, and the additional half bathroom adds convenience for guests. Outside, the property features a lovely yard, ideal for outdoor activities or simply enjoying the fresh air. The location is convenient, with easy access to local amenities, schools, and parks, making it a desirable place to call home. This home at 425 Carpenter Street combines the best of historic charm and modern living, offering a unique opportunity to enjoy the vibrant community of Memphis. Don't miss the chance to experience the character and comfort of this wonderful property.


Year Built: 1920

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.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, 425 Carpenter Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 425 Carpenter Street 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 425 Carpenter Street
Price·10A 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.
425 Carpenter Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, 425 Carpenter Street 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.
425 Carpenter Street 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 425 Carpenter Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 425 Carpenter Street compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.2 mile away
Less expensive
The 3-bedrooms are cheaper than other similar listings nearby
More space
The 3-bedroom is 189 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.2 mile away

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Rent trends in Binghampton-Lester

3-bedroom apartments at 425 Carpenter Street cost about 6% less than the average rent price for 3-bedroom apartments in Binghampton-Lester.

Median rents as of Apr 11 2026.
Binghampton-Lester
Memphis
A table of studio rental data trends in Memphis
MonthMedian Rent
April 2024$755
May 2024$769
June 2024$765
July 2024$885
August 2024$1,110
September 2024$1,155
October 2024$1,160
November 2024$1,148
December 2024$1,172
January 2025$1,220
February 2025$1,211
March 2025$1,196
April 2025$1,217
May 2025$1,225
June 2025$1,210
July 2025$1,195
August 2025$1,194
September 2025$1,158
October 2025$1,159
November 2025$1,183
December 2025$904
January 2026$858
February 2026$1,202
March 2026$1,203
April 2026$1,193
A table of studio rental data trends in Binghampton-Lester
MonthMedian Rent
April 2024$1,134
May 2024$1,134
June 2024$1,134
July 2024$1,118
August 2024$1,150
September 2024$1,177
October 2024$1,193
November 2024$1,172
December 2024$1,169
January 2025$1,187
February 2025$1,193
March 2025$1,145
April 2025$1,113
May 2025$1,065
June 2025$1,178
July 2025$1,162
August 2025$1,061

Affordability calculator

Can I afford to live at 425 Carpenter St?

Bedrooms

3 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

$47,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $47,800 annually to afford this 3-bedrooms monthly rent price of $1,195.
For more information on rent affordability, visit our rent calculator.

Schools near 425 Carpenter Street

Brewster Elementary School

2605 sam cooper blvd

memphis, TN, 38112

PK, K-5Public
C

Exceptional Children Special Placements

160 s hollywood

memphis, TN, 38112

PK, K-12Public

University of Memphis - University Campus School

535 zach curlin

memphis, TN, 38152

K-5Public
A-

Early Childhood Program Partnering Centers

330 jackson ave

memphis, TN, 38112

PK, KPublic

Avon School

310 avon rd

memphis, TN, 38117

K-12Public
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Internet available near 425 Carpenter Street

Neighborhood

Binghampton-Lester | Memphis, TN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Memphis near 425 Carpenter St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

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

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 425 Carpenter St, Memphis

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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