Apartments for Rent in Alta Vista, Memphis, TN

Alta Vista, Memphis apartment availability

Alta Vista's rental market offers a good selection of listings, with an average of 36 rentals available each month in 2024. The majority of these rentals are 3-bedroom apartments, making it a great option for families or those looking for more space. A smaller number of 1-bedroom and 2-bedroom apartments are also available. Many of the apartments in Alta Vista are pet-friendly, with about 33% allowing pets with some restrictions, making it a great neighborhood for pet owners.

Alta Vista, Memphis rental market trends

The Alta Vista neighborhood in Memphis saw a decline in average rent prices over the past year, with a 7% decrease to $1,027 per month. Breaking it down by bedroom count, 1-bedrooms remained steady at $800 per month, while 2-bedrooms experienced a 14% decrease to $873 per month. The average rent for a 3-bedroom is now $1,037, reflecting a 7.5% decrease.

In terms of seasonal trends, August tends to be the most expensive month to rent in Alta Vista, with prices 7.5% higher than in February, the cheapest month. If you're looking for a new apartment, February may be a good time to find a deal. On the other hand, if you're looking to rent in the summer, be prepared for higher prices. Notably, studios are no longer available in the area, marking a significant shift in the local rental market. Overall, the data suggests a renter-friendly market in Alta Vista, with prices trending downward over the past year.

Why Alta Vista, Memphis is a great place to live

Alta Vista stands out as a neighborhood that seamlessly aligns with the lifestyles and interests of its residents, particularly those who value pet friendliness and an active social life.

For pet owners, Alta Vista offers a considerate environment, with features such as designated pet spaces in homes, pet-safe windows, and flooring that accommodates pets. The area also hosts pet events, and many residences have no breed restrictions, making it an inclusive space for all pet lovers. The presence of outdoor spaces and reasonable pet deposit requirements further enhance its appeal.

The neighborhood also thrives on its social vibrancy, thanks to a dense neighborhood population and a high walk score, indicating that residents can easily access local amenities on foot. Well-developed street infrastructure and frequent transit options make commuting and getting around efficient. Moreover, the area prioritizes safety, ensuring that residents can enjoy their social activities without concern.