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modified
5+ Days Ago

Location

242 Lake Dr Apt 1, Ripley, TN 38063, USA
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Contact

Management

WEST TN PROPERTY MANAGEMENT LLC

Leasing office

(844) 336-1255 ext. 4690

Floor plans

242 Lake Drive Unit 1 - 12 bed1.5 bath$1,000 /moRENT SPECIAL...Sign a lease by 11/5/2025 and receive $400.00 off First Full Months Rent! *$12 monthly property insurance required additional Qualifications & Application Criteria $50 application fee per applicant Income verification criminal background check credit check : we look for a 600 but we are flexible on this with the option to sign up for credit monitoring Please send direct message if you apply or if you have questions before applying. If you have any concerns regarding the qualifications please reach out. There is some flexibility. Link below for application https westtnpm managebuilding com Resident rental-application new

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Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time.

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Base Rent

Monthly rent payment

$1,000

Questions about this property’s policies and fees?

Building details

Property details

Units1
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About 242 Lake Drive Unit 1

HomeApartments in Ripley 242 Lake Drive Unit 1

RENT SPECIAL...Sign a lease by 11/5/2025 and receive $400.00 off First Full Months Rent! *$12 monthly property insurance required additional Qualifications & Application Criteria $50 application fee per applicant Income verification criminal background check credit check : we look for a 600 but we are flexible on this with the option to sign up for credit monitoring Please send direct message if you apply or if you have questions before applying. If you have any concerns regarding the qualifications please reach out. There is some flexibility. Link below for application https westtnpm managebuilding com Resident rental-application new


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, 242 Lake Drive Unit 1 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 242 Lake Drive Unit 1 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 242 Lake Drive Unit 1
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.
242 Lake Drive Unit 1 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·8A 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.
With multiple in-demand amenities, 242 Lake Drive Unit 1 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
242 Lake Drive Unit 1 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 242 Lake Drive Unit 1 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
242 Lake Drive Unit 1 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 242 Lake Drive Unit 1 compares to other nearby properties.

Considerations

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

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Rent trends in Ripley

2-bedroom apartments at 242 Lake Drive Unit 1 cost about the same as the average rent price for 2-bedroom apartments in Ripley.

Median rents as of Sep 28 2024.
Ripley
A table of 1-bedroom apartment rental data trends in Ripley
MonthMedian Rent
June 2024$650
July 2024$650
August 2024$650
September 2024$709

Affordability calculator

Can I afford to live at 242 Lake Dr Apt 1?

Bedrooms

2 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

$40,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $40,000 annually to afford this 2-bedrooms monthly rent price of $1,000.
For more information on rent affordability, visit our rent calculator.

Schools near 242 Lake Drive Unit 1

Ripley Primary School

225 volz rd

ripley, TN, 38063

PK, K-2Public
B+
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Internet available near 242 Lake Drive Unit 1

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Ripley near 242 Lake Dr Apt 1

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

3/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 242 Lake Dr Apt 1, Ripley

Groceries

5/10
At least one supermarket within a 20-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

2/10
Some cafés within walking distance

Restaurants

3/10
Some restaurants within walking distance

Primary schools

0/10
Closest elementary school further than a 30-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Explore the area around 242 Lake Dr Apt 1

Cash Saver
286 S Washington St
E W James & Sons Supermarkets
286 S Washington St
Walmart Supercenter
628 Highway 51 N
Short Stop 2
866 Highway 51 N
Major Markets Inc
1335 Highway 51 N

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