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Location

553 Frayser Dr #1, Memphis, TN 38127, USA|Frayser

Tour 553 Frayser Dr #1

Contact

Memphis Passive LLC

(844) 332-5934 ext. 5820

Amenities for 553 Frayser Dr #1, Frayser

Features

Utilities Included
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 553 Frayser Dr #1

HomeHouses in Memphis 553 Frayser Dr #1, Memphis, TN 38127, USA

Section 8, TBRA, and HUD-VASH Vouchers Accepted! Second Chance Accepted! Experience comfortable living at 553 Frayser Dr. This cozy and well-maintained home offers a practical layout designed for everyday living, making it a great option for anyone seeking a comfortable and functional space. Located on a quiet street in Memphis with convenient access to shopping, schools, restaurants, public transportation, and other daily essentials. Please note: No furniture, appliances, or utilities are included. Photos may include virtual staging. Second-chance applicants can apply here: https podio com webforms 28228194 2235189


Address details

NeighborhoodFrayser
Zip code38127
TypeHouse for rent

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Rent trends in Frayser

3-bedroom apartments at 553 Frayser Dr #1 cost about 35% more than the average rent price for 3-bedroom apartments in Frayser.

Median rents as of Sep 12 2026.
Frayser
Memphis
A table of 3-bedroom apartment rental data trends in Memphis
MonthMedian Rent
September 2024$1,395
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$1,301
January 2026$1,295
February 2026$1,295
March 2026$1,299
April 2026$1,342
May 2026$1,368
June 2026$1,374
July 2026$1,362
August 2026$1,350
September 2026$1,350
A table of 3-bedroom apartment rental data trends in Frayser
MonthMedian Rent
September 2024$1,050
October 2024$1,008
November 2024$964
December 2024$956
January 2025$958
February 2025$1,002
March 2025$1,011
April 2025$990
May 2025$994
June 2025$995
July 2025$995
August 2025$1,000
September 2025$1,029
October 2025$1,017
November 2025$981
December 2025$957
January 2026$992
February 2026$995
March 2026$998
April 2026$1,117
May 2026$1,028
June 2026$1,065
July 2026$1,132
August 2026$1,016
September 2026$1,041

Affordability calculator

Can I afford to live at 553 Frayser Dr #1?

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

$55,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $55,800 annually to afford this 3-bedrooms monthly rent price of $1,395.
For more information on rent affordability, visit our rent calculator.

Schools near 553 Frayser Dr #1

Westside Elementary School

3347 dawn dr

memphis, TN, 38127

PK, K-5Public
C-

Early Childhood Program Partnering Centers

330 jackson ave

memphis, TN, 38112

PK, KPublic

Ida B. Wells Academy

995 s lauderdale st

memphis, TN, 38126

K-8Public
C-

Exceptional Children Special Placements

160 s hollywood

memphis, TN, 38112

PK, K-12Public

Salome Elementary School

38128 saguaro & main

salome, AZ, 85348

PK, K-8Public
C-
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Internet available near 553 Frayser Dr #1

Getting around Memphis near 553 Frayser Dr #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

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 553 Frayser Dr #1, Memphis

Groceries

4/10
At least one supermarket within a 30-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

0/10
Few or no cafés within walking distance

Restaurants

3/10
Some restaurants within walking distance

Primary schools

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

High schools

6/10
At least one high school within a 20-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

0/10
Few or no bars within walking distance

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