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Alliance of Cordova Neighborhoods offers a strong selection of rental listings, with an average of nearly 100 rentals available each month. The neighborhood's rental market primarily features 2-bedroom and 3-bedroom apartments, with a smaller selection of 1-bedroom apartments and studios. Many of these rentals are pet-friendly, with over 70% allowing small pets, small dogs, or having pet-friendly restrictions in place. This makes Alliance of Cordova Neighborhoods a great option for renters with furry friends.
The Alliance of Cordova Neighborhoods in Memphis saw a decline in average rent prices over the past year, with a 5.8% decrease to $1,696 per month. Breaking it down by bedroom count, 1-bedrooms averaged $1,102 per month, a 9.7% decrease from the previous year. 2-bedrooms averaged $1,284 per month, a 6.6% decrease, while 3-bedrooms remained relatively stable with a 0.2% decrease to $1,818 per month. Studios, on the other hand, experienced a significant 46% increase to $2,154 per month.
In terms of seasonal trends, December tends to be the most expensive month to rent in the Alliance of Cordova Neighborhoods, with prices 9.8% higher than in March, the cheapest month. If you're looking for a new apartment, consider searching during the spring, when prices are lower. Keep in mind that the rental market can be less competitive during this time, with fewer rentals available but also fewer people looking for homes.
We've analyzed data from the Alliance of Cordova Neighborhoods to identify the top lifestyle trends that make this area so desirable. It's clear that this neighborhood is a haven for both pet owners and those seeking an active social life.
For pet owners, the area offers a range of amenities, including pet waste facilities, dedicated pet spaces, pet-safe windows, and a nearby pet hospital. The neighborhood also hosts pet-friendly events and offers outdoor spaces for pets to roam. Plus, with no breed restrictions, it's an inclusive community for all pet lovers.
The neighborhood's social scene is also thriving, thanks to its convenient transit options, diverse population, and well-maintained street infrastructure. With a strong focus on safety, residents can feel comfortable exploring the area and connecting with their community. If you're looking for a neighborhood that balances pet friendliness with a vibrant social life, the Alliance of Cordova Neighborhoods is an excellent choice.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
| 🔑Available apartment rentals | 89 |
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| ✨Popular amenities | |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |