Updated 2 Days Ago
Highlights
- Central heat & air
- Bright and spacious living area
- Large fenced backyard
Location
2506 Derbyshire Ave, Memphis, TN 38127, USA|Rangeline
Tour 2506 Derbyshire Ave
Contact
Foundation Property Management, LLC
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Amenities for 2506 Derbyshire Ave, Rangeline
Features
| Central Heat |
Community
| Business Center |
Grounds
| Outdoor Space |
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
Application Fee
Per-applicant. Refund Policy: Non-refundable.
$50
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Lease Processing Fee
One-time. Refund Policy: Non-refundable.
$125
Questions about this property’s policies and fees?
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About 2506 Derbyshire Ave
Welcome to 2506 Derbyshire Ave, Memphis, TN 38127! Home Features: - Bright and spacious living area - Modern kitchen with large shaker cabinets and rangehood included - Central Heat & Air - Large Fenced Backyard Conveniently located near Trezevant High School and Memphis Business Academy Middle & High School 2506 Derbyshire Ave is also close to local restaurants, parks, retail establishments and major highways. Ready to make it yours? Visit our website now to schedule a tour or view more available properties! FPM Website: https foundationpm com rental-search
Address details
| Neighborhood | Rangeline |
|---|---|
| Zip code | 38127 |
| Type | House for rent |
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Rent trends in Rangeline
3-bedroom apartments at 2506 Derbyshire Ave cost about 1% more than the average rent price for 3-bedroom apartments in Rangeline.
Median rents as of Aug 15 2026.
Rangeline
Memphis
| Month | Median Rent |
|---|---|
| August 2024 | $1,396 |
| 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 | $1,301 |
| 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 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,050 |
| September 2024 | $1,048 |
| October 2024 | $1,080 |
| November 2024 | $1,067 |
| December 2024 | $1,052 |
| January 2025 | $1,046 |
| February 2025 | $1,046 |
| March 2025 | $1,044 |
| April 2025 | $1,043 |
| May 2025 | $1,060 |
| June 2025 | $1,008 |
| July 2025 | $995 |
| August 2025 | $1,052 |
| September 2025 | $1,048 |
| October 2025 | $1,026 |
| November 2025 | $999 |
| December 2025 | $998 |
| January 2026 | $1,092 |
| February 2026 | $1,039 |
| March 2026 | $1,020 |
| April 2026 | $1,037 |
| May 2026 | $1,046 |
| June 2026 | $1,047 |
| July 2026 | $1,094 |
| August 2026 | $1,096 |
Affordability calculator
Can I afford to live at 2506 Derbyshire Ave?
Bedrooms
3 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
$44,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 3-bedrooms monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.
Schools near 2506 Derbyshire Ave
Hawkins Mill Elementary School
4295 mountain terrace st
memphis, TN, 38127
PK, K-5Public
C-
Salome Elementary School
38128 saguaro & main
salome, AZ, 85348
PK, K-8Public
C-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Bartlett Elementary School
3932 billy maher rd
bartlett, TN, 38135
PK, K-5Public
A
Rivercrest Elementary School
4825 rivercrest
bartlett, TN, 38135
PK, K-5Public
A-
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Internet available near 2506 Derbyshire Ave
Neighborhood
Rangeline | Memphis, TN
Getting around Memphis near 2506 Derbyshire Ave
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
2/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 2506 Derbyshire Ave, Memphis
Groceries
2/10
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
8/10
At least one elementary school within a 15-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
0/10
Few or no bars within walking distance
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