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Location

4120 Palm Ave, Memphis, TN 38128, USA

Tour 4120 Palm Ave

Contact

Advantage Property Management

(901) 347-3148

Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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About 4120 Palm Ave

HomeHouses in Memphis 4120 Palm Ave, Memphis, TN 38128, USA

Spacious 4 Bedroom Home with Detached 2-Car Garage & Large Storage Room Welcome to 4120 Palm in Memphis, Tennessee — a well-maintained and spacious 4-bedroom, 2-bath home offering the room and functionality today’s renters are looking for. This home features a comfortable layout with generous bedroom sizes, two full bathrooms, and plenty of natural light throughout. The large living area provides great space for relaxing or entertaining. One of the standout features is the detached 2-car garage, perfect for parking, projects, or extra storage. In addition, there is a large storage room, ideal for tools, seasonal items, or hobby space. Additional highlights: 4 spacious bedrooms 2 full bathrooms Detached 2-car garage Large dedicated storage room Functional floor plan Convenient Memphis location If on a voucher program, we do not require you to make 3 X's the monthly rental income. We will ensure you make income to cover your vouchered portion of the rent. If your voucher shopping range covers the rental amount with leeway but your an RTA has less bedrooms than our property, as long as there is room on your voucher closer to the bottom shopping range there is a possibility we could place you in a higher bedroom count home. PLEASE CALL OUR OFFICE FOR INFORMATION PRIOR TO APPLYING We encourage you to view this property prior to applying. To schedule a viewing please call 901-347-3148. To apply for properties, please visit www advantagepropertymgmt com Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home. We are proud to offer: 24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it’s online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most. 100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured. Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal. Rental Requirements: -Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment) -Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days) -Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.) -Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger) -Preferred to have one year or more with current employer -No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no Chapter 7 bankruptcy. (Chapter 13 is a case-by-case situation.) ..


Address details

Zip code38128
TypeHouse for rent

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Rent trends in Memphis

4-bedroom apartments at 4120 Palm Ave cost about 25% less than the average rent price for 4-bedroom apartments in Memphis.

Median rents as of Feb 21 2026.
Memphis
A table of 4-bedroom apartment rental data trends in Memphis
MonthMedian Rent
March 2024$1,722
April 2024$1,735
May 2024$1,696
June 2024$1,687
July 2024$1,688
August 2024$1,695
September 2024$1,695
October 2024$1,713
November 2024$1,734
December 2024$1,745
January 2025$1,783
February 2025$1,742
March 2025$1,754
April 2025$1,750
May 2025$1,743
June 2025$1,703
July 2025$1,697
August 2025$1,695
September 2025$1,702
October 2025$1,659
November 2025$1,664
December 2025$1,650
January 2026$1,650
February 2026$1,617

Affordability calculator

Can I afford to live at 4120 Palm Ave?

Bedrooms

4+ 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

$47,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $47,800 annually to afford this 4-bedrooms monthly rent price of $1,195.
For more information on rent affordability, visit our rent calculator.

Schools near 4120 Palm Ave

Jackson Elementary School

3925 wales ave

memphis, TN, 38108

PK, K-5Public
C

Early Childhood Program Partnering Centers

330 jackson ave

memphis, TN, 38112

PK, KPublic

Salome Elementary School

38128 saguaro & main

salome, AZ, 85348

PK, K-8Public
C-

Avon School

310 avon rd

memphis, TN, 38117

K-12Public

Bartlett Elementary School

3932 billy maher rd

bartlett, TN, 38135

PK, K-5Public
A
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Internet available near 4120 Palm Ave

Getting around Memphis near 4120 Palm Ave

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.

Points of interest for 4120 Palm Ave, Memphis

Groceries

1/10
No grocery stores within walking distance

Shopping

4/10
Some shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

3/10
Few or no restaurants within walking distance

Primary schools

1/10
No elementary schools within a 30-minute walk

High schools

0/10
No high schools within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

0/10
Few or no bars within walking distance

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