Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Spacious apartments
  • Pet-friendly community
  • Hardwood-style plank flooring
  • Stackable washer/dryer
  • Kitchens equipped
  • Open-concept living and dining spaces

Location

3667 Rhodes Avenue, Memphis, Tennessee 38111, United States
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Tour Sherwood Flats

Contact

Management

Reedy & Company

Leasing office

(901) 531-9338

Property Overview

Sherwood Flats earns high marks across multiple categories, including an impressive overall rating of 8.8 from Zumper, reflecting its strong appeal to renters. The property features spacious, pet-friendly apartments with modern amenities and competitive pricing, demonstrating excellent value. Additionally, it boasts a prime location with convenient access to public transport and essential services, highlighting its attractive lifestyle options for potential residents.

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

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Sherwood Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sherwood Flats 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

  • Elementary school nearby
  • Middle school nearby
  • More space

Great for

  • Pet owners

Floor plans

Spacious 2-Bedroom, 2-Bath Home at Sherwood Flats with Washer/Dryer Included!2 bed2 bath1,050 sqft$1,075 /mo1 unit available
Spacious 3-Bedroom Apartment with In-Unit Washer/Dryer Near the University District3 bed2 bath1,120 sqft$1,165 /mo1 unit available

Let's explore this property.

Amenities for Sherwood Flats

Apartment Amenities

Air ConditioningBlinds Included
Central Air Conditioning and HeatingHardwood Floor
Hardwood Style Plank FlooringLarge Floor Plans
Newly RenovatedRemodeled

Appliances

In-Unit LaundryRange
RefrigeratorVent-A-Hood
Washer and Dryer

Building

Cats OKDogs OK
Onsite LaundryPrivate Entryways

Grounds

Grill Area

Services

On-Site MaintenanceOn-site Property Management Office
Pest Control Included

Other

Short Term Leases
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
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units107
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About Sherwood Flats

HomeApartments in Memphis Sherwood Flats

Welcome to Sherwood Apartments, your new home in the heart of Memphis, TN. Our spacious apartments offer large floorplans with open-concept living and dining spaces, perfect for entertaining or simply relaxing. The hardwood-style plank flooring adds a touch of elegance to each unit, while the private entryways ensure your privacy. Our kitchens are equipped with a range, refrigerator, and ventahood, and a cozy dining nook for your meal times. For your convenience, each apartment also includes a stackable washer/dryer. We understand that pets are part of the family, which is why we are a pet-friendly community. Beyond the walls of your apartment, you'll find beautifully maintained community green spaces for you to enjoy. We also offer short term leases for those seeking flexibility. Come and experience the comfort and convenience of Sherwood Apartments.


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Sherwood Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sherwood Flats 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 Sherwood Flats
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.
Sherwood Flats 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·10A 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.
Sherwood Flats stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Sherwood Flats 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 Sherwood Flats 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.

Sherwood Flats is great for:

Pet owners

  • 1 pet grooming service nearby
  • 2 pet hospitals in the area
  • 1 pet supply store near the property

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 Sherwood Flats compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
Middle school nearby
There is a middle school 0.4 mile away
More space
The 2-bedroom is 100 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away

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Rent trends in Memphis

If you decide to upgrade your space, you can expect 2-bedrooms at Sherwood Flats to be 2% more than the average for similarly sized apartments in Memphis.

3-bedroom apartments at Sherwood Flats cost about 11% less than the average rent price for 3-bedroom apartments in Memphis.

Median rents as of Dec 6 2025.
Memphis
A table of studio rental data trends in Memphis
MonthMedian Rent
December 2023$650
January 2024$650
February 2024$650
March 2024$650
April 2024$705
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$1,190

Affordability calculator

Can I afford to live at 3667 Rhodes Avenue?

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

$43,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $43,000 annually to afford this 2-bedrooms monthly rent price of $1,075.
For more information on rent affordability, visit our rent calculator.

Schools near Sherwood Flats

Sherwood Elementary School

1156 robinhood ln

memphis, TN, 38111

PK, K-5Public
C-

University of Memphis - University Campus School

535 zach curlin

memphis, TN, 38152

K-5Public
A-

Shrine School

4259 forest view dr

memphis, TN, 38118

PK, K-12Public

Avon School

310 avon rd

memphis, TN, 38117

K-12Public

Ridgeway Early Learning Center

3435 3435 ridge meadow pkwy

memphis, TN, 38115

PKPublic
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Internet available near Sherwood Flats

Getting around Memphis near 3667 Rhodes Avenue

Walking

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

Driving

10/10
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

1/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 3667 Rhodes Avenue, Memphis

Groceries

4/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

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

High schools

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

Parks

7/10
Moderate amount of park space nearby

Nightlife

1/10
Few or no bars within walking distance

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