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PARKWAY PLACE APARTMENTS is a highly rated community, earning a 9/10 overall Zumper Expert Rating, with top scores for price and amenities that indicate strong value and an elevated standard of living. Residents can expect modern in-home comfort with central heat and air, in-unit washer and dryer, stainless-steel appliances, hardwood floors, and ceiling fans in every room, along with a professional environment. Its pet-friendly appeal is supported by nearby pet services, and strong scores for location, quality, and trustworthiness suggest convenient access to local amenities and transparent management.
Things you’ll love
DishwasherImages AvailableGreat for
Pet owners| Studio | Studio | 1 bath | 600 sqft | $850 /mo | 1 unit available | Refined Living in Memphis | Exclusive Move-In Offer Experience elevated living at Parkway Place Apartments in Memphis, TN—where style, comfort, and convenience come together effortlessly. These thoughtfully designed residence features rich hardwood flooring and a sleek, modern kitchen complete with stainless steel appliances, perfect for both everyday living and entertaining. Enjoy the ease of in-unit washer and dryer, along with central air and heat for year-round comfort. Ceiling fans throughout enhance the ambiance, while a built-in security system offers added peace of mind. Ideally situated in a desirable Memphis location, you’ll have seamless access to local dining, shopping, and the city’s vibrant culture—all just moments from home. Limited-Time Incentive: Enjoy half off rent for your first 1 month Preferred pricing available for active law enforcement Private tours: 901-281-4441 Leasing office: 901-272-8658 www kismetproperties com Discover a higher standard of living—schedule your tour today. | |
| 1 Bedroom 1 Bath | 1 bed | 1 bath | 650 sqft | $895 /mo | 1 unit available | Refined Living in Memphis | Exclusive Move-In Offer Experience elevated living at Parkway Place Apartments in Memphis, TN—where style, comfort, and convenience come together effortlessly. These thoughtfully designed residence features rich hardwood flooring and a sleek, modern kitchen complete with stainless steel appliances, perfect for both everyday living and entertaining. Enjoy the ease of in-unit washer and dryer, along with central air and heat for year-round comfort. Ceiling fans throughout enhance the ambiance, while a built-in security system offers added peace of mind. Ideally situated in a desirable Memphis location, you’ll have seamless access to local dining, shopping, and the city’s vibrant culture—all just moments from home. Limited-Time Incentive: Enjoy half off rent for your first 1 month Preferred pricing available for active law enforcement Private tours: 901-281-4441 Leasing office: 901-272-8658 www kismetproperties com Discover a higher standard of living—schedule your tour today. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Granite Countertops |
| Hardwood Floor | Newly Renovated |
Appliances
| Central Air & Heat | Dishwaher |
| Dishwasher | In-Unit Laundry |
| Range | Refrigerator |
| Stack Washer/Dryer | Stove and Fridge |
Building
| Cats OK | Controlled Access |
| Dogs OK | Gated Parking |
Grounds
| Gated Entry | Stove and Refrigerator |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 32 |
|---|
Welcome to Parkway Place Apartments, located in the vibrant city of Memphis, TN. Our one-bedroom, one-bathroom apartments offer a modern and comfortable living experience. Step into your new home and be greeted by sleek stainless steel appliances, perfect for preparing delicious meals. Feel secure and at ease with the included security system, providing peace of mind. Stay cool in the summer and cozy in the winter with central air/heat, ensuring your comfort all year round. Enjoy the convenience of having a washer/dryer in unit, saving you time and effort. The beautiful hardwood floors add a touch of elegance to your living space, creating a warm and inviting atmosphere. With ceiling fans in every room, you can easily adjust the airflow to your liking. At Parkway Place Apartments, we strive to provide you with the amenities you need for a comfortable and convenient lifestyle. Explore all that Memphis has to offer, from its rich history to its vibrant music scene. With our prime location, you'll have easy access to dining, shopping, and entertainment options. Come and experience the perfect blend of modern living and Southern charm at Parkway Place Apartments. This is a must see unit!! It will not last long!! Cntact our agent at 901-281-4441 or our offices at 901-272-8658 to schedule a showing. Please take a look at www kismetproperties com for additional properties.
How PARKWAY PLACE APARTMENTS compares to other nearby properties.
Positives
Considerations
Studio apartments at PARKWAY PLACE APARTMENTS cost about 22% less than the average rent price for studios in Binghampton-Lester.
1-bedroom apartments here are priced 17% higher than 1-bedrooms in Binghampton-Lester.
| Month | Median Rent |
|---|---|
| June 2024 | $759 |
| 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 |
| May 2026 | $1,184 |
| Month | Median Rent |
|---|---|
| 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 |
| May 2026 | $1,101 |
Can I afford to live at 2342 Parkway Pl?
Bedrooms
Rent-to-income ratio
30%
$34,000/yr
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University of Memphis • 274 S Highland St
1 Bed
$999–$1,050
Binghampton-Lester • 2540 Broad Ave
Studio–2 Beds
$1,089–$3,759
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
Central Gardens • 1835 Union Ave
Studio–2 Beds
$1,199–$3,506
One Dr. Martin Luther King Jr. Ave
Studio–2 Beds
$1,126–$6,166
125 Gayoso Ave
Studio–2 Beds
$1,200–$2,015
