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PARKWAY PLACE APARTMENTS offers strong value, excellent amenities, and a highly convenient location, with a 9/10 overall rating and top marks for price and amenities. Notable features include a modern kitchen, stainless steel appliances, ceiling fans, in-unit washer and dryer, and central air and heat, while 16 photos and a vibrant culture add to its appeal.
Things you’ll love
Less expensiveDishwasherImages AvailableGreat for
Pet owners| Studio | Studio | 1 bath | 600 sqft | $850 /mo | 1 unit available | LIMITED-TIME MOVE-IN SPECIAL — ½ OFF FIRST MONTH! Secure your new home TODAY before it’s gone! Welcome to Parkway Place Apartments — where comfort, style, and convenience come together in one of Memphis’s most desirable locations. Imagine coming home to a space that has everything already done for you: What You’ll Love: • Modern stainless-steel appliances — clean, sleek, and ready to use • Washer & dryer IN UNIT — no laundromats, no hassle • Beautiful hardwood floors — easy to maintain, elegant look • Central heat & air — perfect comfort all year • Ceiling fans in every room — stay cool and save on energy • Security system included — added peace of mind Location That Works for You Minutes from Memphis’s best food, shopping, and entertainment—everything you need is right at your doorstep. Why act now? Apartments like this DO NOT stay available—especially with a ½ OFF first month special. Once it’s gone, it’s gone. Perfect for: • Professionals • Students • Anyone looking for a clean, modern, move-in ready space This unit is in HIGH demand — don’t wait! Call or text NOW to schedule your showing: • Agent: 901-281-4441 • Office: 901-272-8658 Browse more options: www kismetproperties com | |
| 1 Bedroom 1 Bath | 1 bed | 1 bath | 650 sqft | $950 /mo | 1 unit available | LIMITED-TIME MOVE-IN SPECIAL — ½ OFF FIRST MONTH! Secure your new home TODAY before it’s gone! Welcome to Parkway Place Apartments — where comfort, style, and convenience come together in one of Memphis’s most desirable locations. Imagine coming home to a space that has everything already done for you: What You’ll Love: • Modern stainless-steel appliances — clean, sleek, and ready to use • Washer & dryer IN UNIT — no laundromats, no hassle • Beautiful hardwood floors — easy to maintain, elegant look • Central heat & air — perfect comfort all year • Ceiling fans in every room — stay cool and save on energy • Security system included — added peace of mind Location That Works for You Minutes from Memphis’s best food, shopping, and entertainment—everything you need is right at your doorstep. Why act now? Apartments like this DO NOT stay available—especially with a ½ OFF first month special. Once it’s gone, it’s gone. Perfect for: • Professionals • Students • Anyone looking for a clean, modern, move-in ready space This unit is in HIGH demand — don’t wait! Call or text NOW to schedule your showing: • Agent: 901-281-4441 • 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 36% higher than 1-bedrooms in Binghampton-Lester.
| Month | Median Rent |
|---|---|
| July 2024 | $1,100 |
| 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 | $1,187 |
| June 2026 | $1,204 |
| July 2026 | $1,207 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,102 |
| 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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Binghampton-Lester • 2540 Broad Ave
Studio–2 Beds
$929–$3,782
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
University of Memphis • 274 S Highland St
1 Bed
$999–$1,050
125 Gayoso Ave
Studio–2 Beds
$1,100–$2,015
Central Gardens • 1835 Union Ave
Studio–2 Beds
$1,126–$3,764
Binghampton-Lester • 2540 Broad Ave
Studio–2 Beds
$929–$3,782
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
University of Memphis • 274 S Highland St
1 Bed
$999–$1,050
125 Gayoso Ave
Studio–2 Beds
$1,100–$2,015
Central Gardens • 1835 Union Ave
Studio–2 Beds
$1,126–$3,764
