Updated 1 Day Ago
Highlights
- Professional management
- 24-hour maintenance
Location
487 Williams Ave #03, Memphis, TN 38126, USA|Washington Heights
Tour 487 Williams Ave #03
Contact
Mid-South Home Rentals
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Amenities for 487 Williams Ave #03, Washington Heights
Apartment Amenities
| Ceiling Fan |
Building
| Business Center |
Services
| Package Service |
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
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About 487 Williams Ave #03
Sweet deal!
This listing is 14% below the median price for 2 bedroom apartments in Washington Heights.
***HALF OFF FIRST MONTHS RENT*** Adorable 2 bedroom, 1 bathroom apartment located in Memphis. Living Room Kitchen Over the Range Microwave Ceiling Fans Blind Luxury Vinyl Planks Tile Security/Storm Doors This cozy 2-bedroom, 1-bath apartment in Memphis offers the perfect blend of comfort and convenience, just minutes from Downtown. Take a scenic walk across the Memphis-Arkansas Bridge and enjoy stunning views of the Mississippi River. With a variety of shopping, dining, and entertainment options just a short drive away, you’ll always have something to do. The Orpheum Theatre, FedEx Forum, and multiple museums are all nearby, so you can easily catch a show, concert, or explore the city’s vibrant culture. Traveling is a breeze with Memphis International Airport just a 20-minute drive away, making it easy to switch into "vacay mode." For a sense of community, head to the Gaston Community Center to meet neighbors and get involved. Plus, with the interstate less than 5 minutes away, commuting or getting around town is quick and simple. This apartment offers the best of both city living and a connected lifestyle, making it a perfect place to call home! The Total Monthly Price of $635.95 includes base rent plus the Resident Benefits Package at $35.95 per month. The RBP includes renters insurance, air filter delivery, utility setup assistance, credit-building services, and more. Enrollment in the Resident Benefits Package is required with the rental. Additional details will be provided upon application. This property is professionally managed by Mid-South Home Rentals. We offer a 24-hour maintenance line, including night, weekend, and holiday emergency service for major plumbing and HVAC issues. Rental Criteria & Application Requirements Income: Verifiable net income of at least 3x the monthly rent. Credit: Minimum credit score of 525. Rental and credit history are reviewed. Background: Criminal background screening required. No felony convictions. Rental History: Positive rental history and good standing with current/previous housing providers required. Utilities: Applicants must qualify to place required utilities in their name. Application: Applicants must provide a valid ID, proof of income, required supporting documents, and the non-refundable application fee. Processing: Applications are processed in the order received. Allow 3–5 business days. Fair Housing: We comply with all applicable Fair Housing laws and apply consistent screening criteria to all applicants. IF HOME IS PET FRIENDLY- Pets: Approval required. $300 non-refundable pet deposit per pet. Breed restrictions may apply. Questions? Please contact our leasing team for assistance. To schedule a showing, please contact via text or call April at (901) 430-4117. Pet Details: 12 Month Lease, Pet Deposit $300 Per Pet (NON-REFUNDABLE). Restricted breeds include: Pit Bulls, Rottweilers, Chows, Dobermans and Wolf-Hybrid.
Address details
| Neighborhood | Washington Heights |
|---|---|
| Zip code | 38126 |
| Type | Apartment for rent |
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Rent trends in Washington Heights
2-bedroom apartments at 487 Williams Ave #03 cost about 14% less than the average rent price for 2-bedroom apartments in Washington Heights.
Median rents as of Oct 3 2026.
Washington Heights
Memphis
| Month | Median Rent |
|---|---|
| October 2024 | $1,105 |
| November 2024 | $1,150 |
| December 2024 | $1,146 |
| January 2025 | $1,151 |
| February 2025 | $1,111 |
| March 2025 | $1,107 |
| April 2025 | $1,106 |
| May 2025 | $1,104 |
| June 2025 | $1,095 |
| July 2025 | $1,091 |
| August 2025 | $1,096 |
| September 2025 | $1,096 |
| October 2025 | $1,073 |
| November 2025 | $1,050 |
| December 2025 | $1,026 |
| January 2026 | $1,012 |
| February 2026 | $1,014 |
| March 2026 | $999 |
| April 2026 | $991 |
| May 2026 | $977 |
| June 2026 | $984 |
| July 2026 | $962 |
| August 2026 | $965 |
| September 2026 | $963 |
| October 2026 | $974 |
| Month | Median Rent |
|---|---|
| August 2026 | $695 |
| September 2026 | $696 |
| October 2026 | $700 |
Affordability calculator
Can I afford to live at 487 Williams Ave #03?
Bedrooms
2 bedroomsRent-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
$24,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $24,000 annually to afford this 2-bedrooms monthly rent price of $600.
For more information on rent affordability, visit our rent calculator.
Schools near 487 Williams Ave #03
Larose Elementary School
864 willoughby st
memphis, TN, 38126
PK, K-5Public
C-
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
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Internet available near 487 Williams Ave #03
Neighborhood
Washington Heights | Memphis, TN
Getting around Memphis near 487 Williams Ave #03
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
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 487 Williams Ave #03, Memphis
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
6/10
Variety of shops within a short drive
Cafes
4/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
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