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Highlights

  • Pet Friendly

Location

2971 Forest Ave, Memphis, TN 38112, USA|Binghampton-Lester

Tour 2971 Forest Ave

Contact

CB Properties of Memphis

(901) 620-6787

Amenities for 2971 Forest Ave, Binghampton-Lester

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

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About 2971 Forest Ave

HomeHouses in MemphisBinghampton-Lester 2971 Forest Ave, Memphis, TN 38112, USA

Enjoy the convenience of dedicated off-street parking and a private, peaceful atmosphere just minutes from the vibrant energy of Midtown and local amenities. If Approved, All Application Fees Will Be Refunded. All Housing Vouchers Accepted and Inspection Ready Today! Contamos con agentes hispano hablantes para asistirle. Por favor, llame a nuestra oficina. Si no podemos atenderle de inmediato, deje un mensaje de voz y le devolveremos la llamada a la brevedad. Looking for better customer service from your Property Manager? Look no further than CB Properties - a locally owned and operated company based in Memphis, TN. We take pride in our A+ rating with the BBB and 4+ star Google Rating, both of which have been earned by prioritizing the needs of our residents and providing exceptional service. Rent local and experience the difference firsthand! ***Scam Warning*** CB Properties does not advertise on or Facebook Marketplace. We will never ask you to wire money or request funds through a payment app on your mobile device. Instead, you will be asked to bring a property reservation fee to our office located at 1060 Brookfield Rd, Memphis, TN 38119. Please exercise caution and reach out to us directly if you have any concerns or questions. All CB Properties residents are enrolled in the Resident Benefits Package (RBP) for $39.95/month. This includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application.


Address details

NeighborhoodBinghampton-Lester
Zip code38112
TypeHouse for rent

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Rent trends in Binghampton-Lester

3-bedroom apartments at 2971 Forest Ave cost about 22% more than the average rent price for 3-bedroom apartments in Binghampton-Lester.

Median rents as of Dec 20 2025.
Binghampton-Lester
Memphis
A table of 3-bedroom apartment rental data trends in Memphis
MonthMedian Rent
January 2024$1,355
February 2024$1,350
March 2024$1,378
April 2024$1,397
May 2024$1,398
June 2024$1,397
July 2024$1,399
August 2024$1,398
September 2024$1,407
October 2024$1,396
November 2024$1,395
December 2024$1,395
January 2025$1,395
February 2025$1,395
March 2025$1,408
April 2025$1,415
May 2025$1,436
June 2025$1,443
July 2025$1,424
August 2025$1,399
September 2025$1,367
October 2025$1,338
November 2025$1,314
December 2025$1,303
A table of 3-bedroom apartment rental data trends in Binghampton-Lester
MonthMedian Rent
January 2024$1,220
February 2024$1,196
March 2024$1,206
April 2024$1,204
May 2024$1,235
June 2024$1,264
July 2024$1,395
August 2024$1,315
September 2024$1,297
October 2024$1,185
November 2024$1,195
December 2024$1,243
January 2025$1,274
February 2025$1,199
March 2025$1,126
April 2025$1,100
May 2025$1,269
June 2025$1,262
July 2025$1,431
August 2025$1,494
September 2025$1,418
October 2025$1,367
November 2025$1,293
December 2025$1,272

Affordability calculator

Can I afford to live at 2971 Forest Ave?

Bedrooms

3 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

$62,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 3-bedrooms monthly rent price of $1,550.
For more information on rent affordability, visit our rent calculator.

Schools near 2971 Forest Ave

Brewster Elementary School

2605 sam cooper blvd

memphis, TN, 38112

PK, K-5Public
C

Early Childhood Program Partnering Centers

330 jackson ave

memphis, TN, 38112

PK, KPublic

University of Memphis - University Campus School

535 zach curlin

memphis, TN, 38152

K-5Public
A-

Avon School

310 avon rd

memphis, TN, 38117

K-12Public

Ida B. Wells Academy

995 s lauderdale st

memphis, TN, 38126

K-8Public
C-
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Internet available near 2971 Forest Ave

Getting around Memphis near 2971 Forest Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 2971 Forest Ave, Memphis

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

4/10
Some bars within walking distance

Explore the area around 2971 Forest Ave

Three Star Market
3085 Summer Ave
Summer Grocery
3083 Summer Ave
Kings' Drive in Grocery
306 Tillman St
D J's Grocery
3152 Johnson Ave
Lucky Food Center
3152 Johnson Ave

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