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modified
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Highlights

  • Pet Friendly

Location

4781 Townhouse Way, Memphis, TN 38118, US

Tour 4781 Townhouse Way

Contact

Justin Thorne

(844) 334-1832 ext. 3575

Amenities for 4781 Townhouse Way

Features

Air ConditioningCentral Heat

Community

Cats OKDogs OK

Grounds

Storage
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

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 4781 Townhouse Way

HomeHouses in Memphis 4781 Townhouse Way, Memphis, TN 38118, US

4781 Townhouse Way, Memphis, TN 38118 Well-maintained 3-bedroom, 2-bath townhouse-style home located in Memphis. This property offers a functional layout with a connected living room and dining room, creating an open and practical main living space. The home features central heat and air for year-round comfort. The kitchen is efficiently laid out, and the home includes a hallway laundry closet with washer and dryer hookups. Exterior features include a patio area and storage space for added convenience. Conveniently located near schools, shopping, and major roadways. Rental Terms: Rent: $1,125/month Security Deposit: $1,000 Application Fee: $55 per applicant (non-refundable)


Lease Terms
1 year

Address details

Zip code38118
TypeHouse for rent

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Rent trends in Memphis

3-bedroom apartments at 4781 Townhouse Way cost about 18% less than the average rent price for 3-bedroom apartments in Memphis.

Median rents as of May 23 2026.
Memphis
A table of 3-bedroom apartment rental data trends in Memphis
MonthMedian Rent
June 2024$1,397
July 2024$1,399
August 2024$1,398
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$1,362

Affordability calculator

Can I afford to live at 4781 Townhouse Way?

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

$45,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $45,000 annually to afford this 3-bedrooms monthly rent price of $1,125.
For more information on rent affordability, visit our rent calculator.

Schools near 4781 Townhouse Way

Cromwell Elementary School

4989 cromwell rd

memphis, TN, 38118

PK, K-5Public
C

Shrine School

4259 forest view dr

memphis, TN, 38118

PK, K-12Public

Parkway Village Elementary School

3000 claudette rd

memphis, TN, 38118

PK, K-5Public
C-

Ridgeway Early Learning Center

3435 3435 ridge meadow pkwy

memphis, TN, 38115

PKPublic

University of Memphis - University Campus School

535 zach curlin

memphis, TN, 38152

K-5Public
A-
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Internet available near 4781 Townhouse Way

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Memphis near 4781 Townhouse Way

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

8/10
This area is close to freeways and has adequate parking options.

Points of interest for 4781 Townhouse Way, Memphis

Groceries

5/10
The nearest general grocery store is within a 15-minute walk, and there are also a few specialist food stores nearby.

Shopping

4/10
Some fashion stores are within walking distance.

Cafes

4/10
The closest café is within a 15-minute walk, and there are a few other cafés within walking distance.

Restaurants

4/10
Some restaurants are within walking distance.

Primary schools

7/10
The closest elementary school is within a 10-to-15-minute walk.

High schools

4/10
The closest high school is within a 15-to-20-minute walk.

Parks

5/10
Very few or no parks in the area.

Nightlife

4/10
The closest bar is within a 5-minute walk, and there are a few other bars within walking distance.

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