Monthly rent

$1,500

Beds

Baths

Sqft

–

Monthly rent	$1,500
Beds	4
Baths	2
Sqft	–

22 Hours Ago

Location

3615 Powell Ave, Memphis, TN 38122, USA|Grahamwood

Tour 3615 Powell Ave

Contact

Advantage Property Management

(901) 347-3148

About 3615 Powell Ave

Sweet deal!

This listing is 12% below the median price for 4 bedroom apartments in Grahamwood.

Welcome to this beautifully maintained 4-bedroom, 2-bath home located in a quiet, established neighborhood in Memphis. This property offers the perfect combination of space, functionality, and comfort—ideal for families or anyone needing extra room to spread out. 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 bankruptcy. ***Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee. *** If you have any questions, give us a call at 901-347-3148.

Neighborhood

Grahamwood

Zip code

38122

Type

House for rent

Rent trends in Grahamwood

4-bedroom apartments at 3615 Powell Ave cost about 12% less than the average rent price for 4-bedroom apartments in Grahamwood.

Median rents as of Apr 25 2026.

Grahamwood

Memphis

A table of 4-bedroom apartment rental data trends in Memphis
Month	Median Rent
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	$1,610
March 2026	$1,611
April 2026	$1,650

A table of 4-bedroom apartment rental data trends in Grahamwood
Month	Median Rent
December 2024	$1,695
January 2025	$1,650
February 2025	$1,672

Affordability calculator

Can I afford to live at 3615 Powell 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

$60,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 4-bedrooms monthly rent price of $1,500.

For more information on rent affordability, visit our rent calculator.

Schools near 3615 Powell Ave

Points of interest for 3615 Powell Ave, Memphis

Groceries

6/10

At least one supermarket within a 15-minute walk

Shopping

5/10

Several shops within walking distance

Cafes

2/10

Few or no cafés within walking distance

Restaurants

5/10

Some restaurants within a few minutes’ walk

Primary schools

9/10

At least one elementary school within a 5-minute walk

High schools

8/10

At least one high school within a 10-minute walk

Parks

6/10

Large amount of park space nearby

Nightlife

2/10

Some bars within walking distance

Explore the area around 3615 Powell Ave

La Fiesta Supermarket

3662 Macon Rd

Stepherson's Superlo Foods

3942 Macon Rd

Allgood Grocery

797 Pope St

Summer Grocery

3083 Summer Ave

Three Star Market

3085 Summer Ave

3615 Powell Ave3615 Powell Ave, Memphis, TN 38122, USA

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Schools near 3615 Powell Ave

Treadwell Elementary School

Early Childhood Program Partnering Centers

Avon School

Exceptional Children Special Placements

University of Memphis - University Campus School

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Homes in Grahamwood

3615 Powell Ave
3615 Powell Ave, Memphis, TN 38122, USA